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GENERAL JOURNAL
DATE PARTICULARS F
20A
March 1 Cash in Bank GL Furnitures & Fixtures GL-06A V. Ayuban , Capital GL- To record initial investments 4 Office Equipment GL- Notes Payable GL-11A Purchase of Office Equipment on account from J. Constantino with PN 5 Store Supplies Inventory GL- Accounts Payable GL- Purchase of Store Supplies from J. Constantino on account March 31 Doubtful Accounts Expense Allowance for Doubtful Accounts To record provision for doubtful accounts 31 Depreciation Expense Accumulated Depreciation- Office Equipment Accumulated Depreciation- Furnitures & Fixtures To record depreciation expense for the month. 31 Interest Expense Accrued Interest Payable To record interest accrued on notes payable 31 Store Supplies Used
Store Supplies Inventory To record store supplies used during the month. VAT Output Tax Prepaid Input VAT VAT Input Tax To close VAT Output tax and VAT Input Tax 31 Sales Sales Discount Income & Expense Summary To close sales and its related accounts 31 Merchandise Inventory,End Income & Expense Summary Purchase Discount Merchandise Inventory, beg. Purchases Freight -In To close cost of sales and establish the Merchandise Inventory,end 31 Income and Expense Summary Taxes and Licenses Freight Out Rental Expense Utilities Expense Salaries Expense Advertising Doubtful Expense Depreciation Expense Store Supplies Used Interest Expense To close expense accounts to Income and Expense Summary 31 V. Ayuban, Capital Income and Expense Summary To close income and expense summary to capital account. 31 V. Ayuban , Capital V. Ayuban , Drawing To close drawings to capital account
DEBIT CREDIT
SALES JOURNAL Page 1
ACCOUNTS VAT
DATE INVOICE TERM RECEIVABLE SALES OUTPUT TAX
DR. CR. CR.
March 15 P. Pedrono Co. 3/10.n/30 16,800.00 15,000.00 1,800. 30 P.Peras Co. 33,600.00 30,000.00 3,600. 50,400.00 45,000.00 5,400. GL-02 GL-15 GL-
CASH RECEIPTS JOURNAL
DATE PAYOR INVOICE # CASH IN ACCOUNTS SALES SALES
BANK RECEIVABLE DISCOUNT
DR. CR CR. DR.
March 10 11,200.00 10,000. 19 22,400.00 20,000. 24 P.Pedrono Co. 16,235.52 16,800.00 504. 28 8,960.00 8,000. 58,795.52 16,800.00 38,000.00 504. GL-01 GL-02 GL-15 GL-
PURCHASE JOURNAL
Page 1 DATE SUPPLIERS INVOICE # TERM ACCOUNTS PURCHASES PAYABLE CR. DR. March 11 R. Ybanez Trading 2/10,n/30 28,000.00 25,000. 26 C. Poyot Co. 16,800.00 15,000. 27 S. Jabalon Co. 2/10,n/30 22,400.00 20,000. 67,200.00 60,000. GL-09 GL-
VAT
INPUT TAX
DR.
GL-
CHECK# CHECK CASH IN ACCOUNTS
VOUCHER BANK PAYABLE
- Page
- 300,000.
- 150,000. - 450,000.
- 250,000. - 250,000.
- 15,000. - 15,000.
- 1,596. - 1,596.
- 3,150. - 2,050. - 1,100.
- 4,500. - 4,500.
- 9,899.
- 13,433. - 23,332.
- 83,000. - 504. - 82,496.
- 153,400.
- 142,840. - 560. - 100,000. - 195,000. - 1,800.
- 50,591. - 2,400. - 1,500. - 10,000. - 4,000. - 20,000. - 2,500. - 1,596. - 3,150. - 945. - 4,500.
- 110,935. - 110,935.
- 0001 CV#0001 2,400. No. CR. DR. - 84,000. - 67,200. - 1,000. - 1,500. - 27,372.80 28,000. - 10,000. - 800. - 4,000. - 2,500. - 20,000. - 220,772.80 28,000.
