GENERAL JOURNAL

DATE DESCRIPTION POST REF DEBIT CREDIT

2023
AUG 1 Cash 101 ###
Equipment 131 ###
Faith D. Nakpil, Capital 301 ###

2 Furniture Aim High 132 ###

Cash 101 40,000.00
Accounts Payable chk#0001 inv#1237 20 days 201 ###

3 Books and Toys A1 Merchandising 121 ###

Accounts payable in 15 days inv#562 201 25,000.00

4 Office Supplies Animo Trading 122 5,000.00

Cash 101 5,000.00

6 Cash 101 ###

Day Care fees Mrs Uy inv#001 401 50,000.00

8 Accounts Payable CM#11 201 2,000.00

Books and toys A1 Merchandising 121 2,000.00

10 Accounts Payable(paid), inv#1237, chk#0003 201 ###

Cash 101 50,000.00

11 Repair Expense chk#0004 502 8,000.00

Cash 101 8,000.00

13 Cash 101 ###

Account Receivable inv#002 10 days 111 ###
Day care fees 30% dp 10 days inv#002 Mr Cruz 401 50,000.00

15 Salaries Expense chk#0005 503 ###

Cash 101 18,000.00

16 Mrs Lim Accounts Receivable inv#003 30 days 111 ###

Day care fees 401 ###

18 A1 Merchandising Accounts Payable 201 ###

 Cash 101 23,000.00

19 Faith D. Nakpil, Drawing 302 ###

Cash 101 10,000.00

20 Accounts Payable Aim High inv#1237 201 ###

Faith D. Nakpil, Capital 302 ###

23 Cash 101 ###

Accounts receivable rcp#003 Mr Cruz 111 35,000.00

25 Faith D. Nakpil, Drawing 302 1,000.00

Office Supplies 122 1,000.00

27 Equipment Alpha Computers 131 ###

Cash 101 48,000.00
Accounts Payable 45 days chk#003,inv#753 DP 201 72,000.00

29 Rent expense chk#0009 501 ###

Cash 101 30,000.00

30 Salary Expense chk#0010 503 ###

Cash 101 18,000.00

31 Utilities Expense chk#0011 504 ###

Cash 101 27,000.00
ACCOUNT CASH

date desc post ref debit credit

2023
AUG 1 Faith D. Nakpil, Capit J1 300,000.00
2 Furniture J1 40,000.00
4 Animo Trading J1 5,000.00
6 Day care fees J1 50,000.00
10 Accounts payable J1 50,000.00
11 Repair Expense J1 8,000.00
13 Day care fees J1 15,000.00
15 Salaries Expense J2 18,000.00
18 Accounts payable J2 23,000.00
19 Faith D. Nakpil, Drawing J2 10,000.00
23 Accounts recievable J2 35,000.00
27 Equipment J2 48,000.00
29 Rent Expense J2 30,000.00
30 Salaries Expense J2 18,000.00
31 Utilities Expense J2 27,000.00

ACCOUNT RECEIVABLE

date desc post ref debit credit

2023
AUG 13 Day Care Fees J1 35,000.00
16 Day Care Fees J2 100,000.00
23 Cash 35,000.00

ACCOUNT BOOKS AND TOYS

date desc post ref debit credit

2023
AUG 3 25,000.00
8 2,000.00

ACCOUNT OFFICE SUPPLIES

date desc post ref debit credit

2023
AUG 4 Cash J1 5,000.00
 25 Faith D. Nakpil, Drawing J2 1,000.00

ACCOUNT EQUIPMENT

date desc post ref debit credit

2023
AUG 1 Faith D. Nakpil, Capit J1 40,000.00
27 Cash J2 120,000.00

ACCOUNT FURNITURE

date desc post ref debit credit

2023
AUG 2 Cash J1 200,000.00

ACCOUNT PAYABLE

date desc post ref debit credit

2023
AUG 2 Cash J1 160,000.00
3 Books and toys J1 25,000.00
8 Books and toys J1 2,000.00
10 Cash J1 50,000.00
18 Cash J2 23,000.00
20 Faith D. Nakpil, Capit J2 110,000.00
27 Equipment J2 72,000.00

ACCOUNT Faith D. Nakpil, Capital

date desc post ref debit credit

2023
AUG 1 Equipment J1 340,000.00
20 Accounts Payable J2 110,000.00

ACCOUNT Faith D. Nakpil, Drawing

date desc post ref debit credit

2023
AUG 19 Faith D. Nakpil, Ca J1 10,000.00
25 Office Supplies J2 1,000.00
ACCOUNT DAY CARE FEES

date desc post ref debit credit

2023
AUG 6 Cash J1 50,000.00
13 Accounts Receivable J1 50,000.00
16 Accounts Receivable J2 100,000.00

ACCOUNT RENT

date desc post ref debit credit

2023
AUG 29 Cash J2 30,000.00

ACCOUNT REPAIR

date desc post ref debit credit

2023
AUG 11 Cash J1 8,000.00

ACCOUNT SALARIES

date desc post ref debit credit

2023
AUG 15 Cash J2 18,000.00
30 Cash J2 18,000.00

ACCOUNT UTILITIES

date desc post ref debit credit

2023
AUG 31 Cash J2 27,000.00
ACC NO.101

Balance

300,000.00
260,000.00
255,000.00
305,000.00
255,000.00
247,000.00
262,000.00
244,000.00
221,000.00
211,000.00
246,000.00
198,000.00
168,000.00
150,000.00
123,000.00

ACC NO.111

Balance

35,000.00
135,000.00
100,000.00

ACC NO.121

Balance

25,000.00
23,000.00

ACC NO.122

Balance

5,000.00
 4,000.00

ACC NO.131

Balance

40,000.00
160,000.00

ACC NO.132

Balance

200,000.00

ACC NO.201

Balance DR/CR

(160,000.00) CR
(185,000.00) CR
(183,000.00) CR
(133,000.00) CR
(110,000.00) CR
0.00 DR
(72,000.00) CR

ACC NO.301

Balance DR/CR

(340,000.00) CR
(450,000.00) CR

ACC NO.302

Balance

10,000.00
11,000.00
ACC NO.401

Balance DR/CR

(50,000.00) CR
(100,000.00) CR
(200,000.00) CR

ACC NO.501

Balance

30,000.00

ACC NO.502

Balance

8,000.00

ACC NO.503

Balance

18,000.00
36,000.00

ACC NO.504

Balance

27,000.00
 TRIAL BALANCE
ACCOUNTS DEBIT CREDIT
Cash 123,000.00
Accounts receivable 100,000.00
Books and Toys 23,000.00
Office Supplies 4,000.00
Equipment 160,000.00
Furniture 200,000.00
Accounts payable 72,000.00
Faith D. Nakpil, Capital 450,000.00
Faith D. Nakpil, Draw 11,000.00
Day Care Fees 200,000.00
Rent Expense 30,000.00
Repair Expense 8,000.00
Salary Expense 36,000.00
Utility Expense 27,000.00
Total 722,000.00 722,000.00