GENERAL JOURNAL PAGE NO.

1
DATE DESCRIPTION P/R DEBIT CREDIT
2023
August 1 Cash 101 3 0 0 0 0 0
Equipment 131 4 0 0 0 0
Faith D. Nakpil, Capital 301 3 4 0 0 0 0
Investment by owner

2 Furniture and Fixture 132 2 0 0 0 0 0

Accounts Payable 201 1 6 0 0 0 0
Cash 101 4 0 0 0 0
Purchased furnitures on account, Aim High Furniture, Invoice
#1237, payable in 20 days

3 Books and Toys 121 2 5 0 0 0

Accounts Payable 201 2 5 0 0 0
Purchased books and toys, A1 Merchandising, Invoice #562,
payable in 15 days

4 Office Supplies 122 5 0 0 0

Cash 101 5 0 0 0
Purchased office supplies from Animo Trading, issuing Check
#0002, received invoice #28 from Animo Trading

6 Cash 101 5 0 0 0 0
Day Care Fees 401 5 0 0 0 0
Received cash from Mrs. Uy as day care fees for month, issued
Invoice #0001, and Official Receipt #001

8 Account Payable 201 2 0 0 0

Books and Toys 121 2 0 0 0
Returned broken toys to A1 Merchandising and received
Credit Memo #11.
 GENERAL JOURNAL PAGE NO. 2
DATE DESCRIPTION P/R DEBIT CREDIT
August 10 Account Payable 201 5 0 0 0 0
Cash 101 5 0 0 0 0
Paid to Aim High Furniture by issuing Check #0003 for the
purchase of furniture

11 Repair Expense 502 8 0 0 0

Cash 101 8 0 0 0
Paid for repair and repainting of the shelves, issued Check
#0004

13 Cash 101 2 0 0 0 0
Account Receivable 111 3 5 0 0 0
Day Care Fees 5 0 0 0 0
Issued Invoice #002 to Mr. Cruz for day care fees, payable by
client on terms of 30% dp, payable in 10 days. Issued Official
Receipt #002 to record dp received.

15 Salaries Expense 503 1 8 0 0 0

Cash 101 1 8 0 0 0
Paid employees' salaries by issuing Check #0005

16 Account Receivables 111 1 0 0 0 0 0

Day Care Fees 401 1 0 0 0 0 0
Issued Invoice #003 to Mrs. Lim for Day Care fees, payable by
the client in 30 days

18 Account Payable 201 2 3 0 0 0

Cash 101 2 3 0 0 0
Paid the account due to A1 Merchandising by issuing Check
#0006
 GENERAL JOURNAL PAGE NO. 3
DATE DESCRIPTION P/R DEBIT CREDIT
August 19 Faith D. Nakpil, Drawing 302 1 0 0 0 0
Cash 101 1 0 0 0 0
Owner withdrew for personal use by issuing Check #0007

20 Account Payable 201 1 1 0 0 0 0

Cash 101 1 1 0 0 0 0
Owner paid the balance with Aim High Furniture using her
personal funds.

23 Cash 101 3 5 0 0 0
Account Receivable 111 3 5 0 0 0
Collected from Mr. Cruz and issued Official Receipt #003

25 Faith D. Nakpil, Drawing 302 1 0 0 0

Office Supplies 122 1 0 0 0
Owner withdrew office supplies for personal use

27 Equipment 131 1 2 0 0 0 0
Account Payable 201 1 2 0 0 0 0
Purchased new laptops from Alpha Computers, 40%
downpayment with Check #0008, remaining balance payable
in 45 days. Received Invoice #753 from Alpha Computers.

29 Rent Expense 501 3 0 0 0 0

Cash 101 3 0 0 0 0
Paid the monthly expense by issuing Check #0009

30 Salaries Expense 503 1 8 0 0 0

Cash 101 1 8 0 0 0
Paid employees' salaries by issuing Check #0010

31 Utilities 504 2 7 0 0 0
 Cash 101 2 7 0 0 0
Paid the utility bills for the month, by issuing Check #0011
 GENERAL LEDGER
ACCOUNT: Cash

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 1 Owner's Investment GJ1 3 0 0 0 0 0 August 2
6 Received from client GJ1 5 0 0 0 0 4
13 Received from client GJ2 2 0 0 0 0 10
23 Collection from client GJ3 3 5 0 0 0 11
15
18
19
20
29
30
31

Total 4 0 5 0 0 0
Balance 6 6 0 0 0

ACCOUNT: Accounts Receivable

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 16 Invoice #003 to Mrs. Lim GJ2 1 0 0 0 0 0 August
13 Invoice #002 GJ2 3 5 0 0 0

Total 1 0 0 0 0 0
Balance 1 3 5 0 0 0

ACCOUNT: Books & Toys

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 3 Purchased books and toys GJ1 2 5 0 0 0 August 8

Total 2 5 0 0 0
Balance 2 3 0 0 0

ACCOUNT: Office Supplies

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 4 Purchased from Animo Trading GJ1 5 0 0 0 August 25

Total 5 0 0 0
Balance 4 0 0 0
ACCOUNT: Equipment

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 1 Investment GJ1 4 0 0 0 0 August
27 Invoice #753 GJ3 1 2 0 0 0 0

Total 1 6 0 0 0 0
Balance 1 6 0 0 0 0

ACCOUNT: Furniture

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 2 Invoice #1237 GJ1 2 0 0 0 0 0 August

Total 2 0 0 0 0 0
Balance 2 0 0 0 0 0

ACCOUNT: Accounts Payable

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 8 Books & Toys Credit Memo #11 GJ1 2 0 0 0 August 2
10 Check #0003 Furniture purchase GJ2 5 0 0 0 0 3
18 Check #0006 A1 Merchandise GJ2 2 3 0 0 0 27
20 Balance from supplier. GJ3 1 1 0 0 0 0

Total 1 8 5 0 0 0

ACCOUNT: Faith D. Nakpil, Capital

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August August 1

ACCOUNT: Faith D. Nakpil, Drawing

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 19 Check #0007 GJ3 1 0 0 0 0 August 20
25 Office Supplies GJ3 1 0 0 0
 Total 1 1 0 0 0
Balance 1 1 0 0 0

ACCOUNT: Day Care Fees

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August August 6
16
13

ACCOUNT: Rent Expense

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 29 Cash GJ3 3 0 0 0 0 August

Total 3 0 0 0 0
Balance 3 0 0 0 0

ACCOUNT: Repair Expense

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 11 Cash GJ2 8 0 0 0 August

Total 8 0 0 0
Balance 8 0 0 0

ACCOUNT: Salaries Expense

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 15 Cash GJ2 1 8 0 0 0 August
30 Cash GJ3 1 8 0 0 0

Total 3 6 0 0 0
Balance 3 6 0 0 0

ACCOUNT: Utilities Expense

DATE DESCRIPTION P/R DEBIT DATE

2023 2023
August 31 Cash GJ3 2 7 0 0 0 August
Total 2 7 0 0 0
Balance 2 7 0 0 0
LEDGER
ACCOUNT NO: 101

DESCRIPTION P/R CREDIT

Purchased furniture and fixture GJ1 4 0 0 0 0

Purchased office supplies GJ1 5 0 0 0
Payment to supplier GJ2 5 0 0 0 0
Payment to repair expense GJ2 8 0 0 0
Payment of salaries expense GJ2 1 8 0 0 0
Payment to supplier GJ2 2 3 0 0 0
Owner's Drawings GJ3 1 0 0 0 0
Payment to supplier GJ3 1 1 0 0 0 0
Payment of rent expense GJ3 3 0 0 0 0
Payment of salaries expense GJ3 1 8 0 0 0
Payment of utilities expense GJ3 2 7 0 0 0

Total 3 3 9 0 0 0

ACCOUNT NO: 111

DESCRIPTION P/R CREDIT

Total

ACCOUNT NO: 121

DESCRIPTION P/R CREDIT

Credit Memo #11 GJ1 2 0 0 0

Total 2 0 0 0

ACCOUNT NO: 122

DESCRIPTION P/R CREDIT

Personal use office supplies GJ3 1 0 0 0

Total 1 0 0 0
 ACCOUNT NO: 131

DESCRIPTION P/R CREDIT

ACCOUNT NO: 132

DESCRIPTION P/R CREDIT

ACCOUNT NO: 201

DESCRIPTION P/R CREDIT

Furniture Invoice #1237 GJ1 2 0 0 0 0 0

Books and Toys GJ1 2 5 0 0 0
Invoice #753 GJ3 1 2 0 0 0 0

Total 3 4 5 0 0 0
Balance 1 6 0 0 0 0

ACCOUNT NO: 301

DESCRIPTION P/R CREDIT

Investment GJ1 3 4 0 0 0 0

Total 3 4 0 0 0 0
Balance 3 4 0 0 0 0

ACCOUNT NO: 302

DESCRIPTION P/R CREDIT

 ACCOUNT NO: 401

DESCRIPTION P/R CREDIT

Received from client GJ1 5 0 0 0 0

Received from client GJ2 1 0 0 0 0 0
Received from client GJ2 5 0 0 0 0
Total 2 0 0 0 0 0
Balance 2 0 0 0 0 0

ACCOUNT NO: 501

DESCRIPTION P/R CREDIT

ACCOUNT NO: 502

DESCRIPTION P/R CREDIT

ACCOUNT NO: 503

DESCRIPTION P/R CREDIT

ACCOUNT NO: 504

DESCRIPTION P/R CREDIT

 FDN Day Care Center
Trial Balance
31-Aug-23

Account Name Debit Credit

Assets
Cash 66,000
Accounts Receivable 135,000
Books & Toys 23,000
Office Supplies 4,000
Equipment 160,000
Furniture 200,000

Liabilities
Accounts Payable 160,000

Owner's Equity
Faith D. Nakpil, Capital 340,000
Faith D. Nakpil, Drawing 11,000

Revenues
Day Care Fees 200,000

Expenses
Rent Expense 30,000
Repair Expense 8,000
Salaries Expense 36,000
Utilities Expense 27,000
Total 700,000 700,000