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Activity 1:

Name: ______________________________________________ Score: _______________

Directions: Prepare the general journal of Dr. King in 1 whole sheet of paper follow the correct format.

Dr. King decided to put up a medical clinic. Below is the transaction for the month of October, 2023.
October 1 King invested cash of P1,500,000.
5 Bought computer equipment at P50,000 paying 25% and balance on account.
7 Withdrew cash P100,000 for personal use.
10 Paid the remaining balance from October 5.
15 Rendered medical treatment to Mr. Sy P40,000.
16 Hired secretaries with P6,000 salaries per month.
18 Rendered service to Barangay Makisig amounting to P30,000.
21 Paid secretaries’ salaries for P6,000.
25 Bought supplies on account P2,000.
28 Received electricity bill for the month, P3,000.
31 Paid the electricity bill
Page: 01
General Journal
Date Account Titles & Explanation PR Debit Credit

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