Purchase Journal:

Accounts VAT Input

Charge Sales Invoice Purchases
20B Suppliers Term Payable Tax
No. Cr. Dr. Dr.
Jan 6 Sarimanok Co. 10% - 15 days 3610 134,400.00 120,000.00 14,400.00
Alindahaw Corp 30 days 1923 20,160.00 18,000.00 2,160.00

Total 154,560.00 138,000.00 16,560.00

Sales Journal:

Accounts VAT Output

Charge Sales Invoice Sales
20B Customers Term Receivable Tax
No. Dr. Cr. Cr.
Jan 8 Dumalaga Enterprises 10% - 15 days 942 89,600.00 80,000.00 9,600.00
Gandol Company 30 days 943 39,200.00 35,000.00 4,200.00
Barako Company 30 days 944 44,800.00 40,000.00 4,800.00

Total 173,600.00 155,000.00 18,600.00