Anda di halaman 1dari 26

GENERAL JOURNAL

DATE
2015
Oct. 4

ACCOUNT TITLES AND EXPLANATION

PR

DEBIT

Sales Returns and Allowances


Output Tax
Accounts Recievable - Selisana Garments
Credit Memo (Allowance for defective merchandise)

402
230-2
006/

19

Notes Receivable
Accounts Receivable - Virtudazo Commercial
To record receipts of notes payable

110
007/

33,600.00

31

Allowance for Uncollectible Accounts


Accounts Receivable - Dela Torre Store
To record write-off uncollectible

113
002/

6,720.00

31

Output VAT
Input VAT
Value-Added Tax Payable
To record VAT payable

230-2
230-1
230

PhP

4,000.00
480.00

212,335.20

page 25

CREDIT

PhP

4,480.00

###

###

89,284.80
123,050.40

SALES JOURNAL
DATE
2015
Oct. 1
4
12
16
19
29
31

SALES
INVOICE #
0254
0255
0256
0257
0258
0259
0260

ACCOUNT DEBITED

Cardenas Marketing
Del Mundo Shirts Station
Modesto Bargain House
Selisana Garments
Marasigan Enterprises
Modesto Bargain House
Lianza Outfitters

POST.
REF
/
/
/
/
/
/
/

DEBIT
ACCOUNTS
RECEIVABLE
PhP

CREDITS
OUTPUT TAX

56,000.00 PhP
6,000.00
22,400.00
2,400.00
53,760.00
5,760.00
100,800.00
10,800.00
64,960.00
6,960.00
89,600.00
9,600.00
76,160.00
8,160.00
### PhP49,680.00
(112)
(230-2)

page 13

CREDITS
SALES
PhP

50,000.00
20,000.00
48,000.00
90,000.00
58,000.00
80,000.00
68,000.00
PhP414,000.00
(400)

VOUCHER REGIST
VOUCHER

CREDITS

DATE
PAYEE

TERMS
PAID

NO. DATE
2015

CK.
NO.

VOUCHERS
PAYABLE

2010

0205 Oct. 2 Blanche Manufacturing Company

2/15, n/60

Cancelled

V#209

PhP

179,200.00

0206

Tria Forwarders

Cash

Oct. 2

81191

1,120.00

0207

Cayanan Services

Cash

81193

2,688.00

0208

Budoy Shirt Factory

0209

Blanche Manufacturing Company

2/15,n/60

17

81203

168,000.00

0210

12

Medina office Systems

n/30

Cancelled

V#214

40,320.00

0211

15

Kashato Shirts Employees

Cash

15

81199

94,852.54

0212

15

Geron Merchandising

COD

15

81200

6,720.00

0213

16

Ruiz Marketing

2/10,n/30

26

81210

134,400.00

0214

17

Medina Office Systems

n/30

0215

18

Dulay Repairs

Cash

0216

20

Camisera Rivadelo

n/30

0217

22

Galang Freight Services

0218

23

0219

n/30

22,848.00

29,120.00

18

81204

5,600.00

Cash

22

81205

3,360.00

Dona Seechua Development Bank

Cash

23

81206

520,000.00

23

Villon Supplies

COD

23

81207

7,100.80

0220

24

Burgos Shirts

1/15,n/60

112,000.00

0221

26

Blanche Manufacturing Company

2/15,n/60

206,080.00

0222

29

Theresa Ballada

Cash

29

81211

160,000.00

0223

29

Romanor Gatmaitan (petty cash)

Cash

29

81212

6,216.00

0224

30

Meralco

Cash

30

81213

16,800.00

0225

30

Bobadilla Telephone Co.

Cash

30

81214

8,176.00

0226

30

People's Journal

Cash

30

81215

8,960.00

0227

31

Kashato Shirts Employees

Cash

31

81216

94,852.54

112,000.00

0228

31

SSS and EC Contribution

15,650.00

0229

31

PhilHealth Contribution

5,175.00

0230

31

PAG-IBIG Contribution

1,800.00

0231

31

BIR

0232

31

Theresa Ballada

34,721.02
Cash

31
2042509.9

81217

45,000.00
PhP2,042,759.90
(240)

0233

31

BIR

123,050.20
2,231,505.02
2,042,509.00

VOUCHER REGISTER
DEBITS
PURCHASES

PhP

160,000.00

20,400.00

OTHERS

INPUT TAX

PhP

ACCOUNT TITLE

120.00 Transportation-in

501

288.00 Repairs and Maintenance Expense

605

2,400.00

Vouchers Payable

240

179,200.00

Purchases Returns & Allowances

503

PhP

1,000.00

2,448.00

230-1

150

36,000.00

Salaries Expense

610

116,500.00

SSS and EC Contributions Payable

211

Philhealth Contributions Payable

212

PAG-IBIG Contributions Payable

213

Withholding Tax Payable

214

4,320.00 Furniture and Fixtures

130

6,000.00

Vouchers Payable

240

40,320.00

Furniture and Fixtures

150

720.00 Supplies
14,400.00

Input Tax

230-1

605

5,000.00

360.00 Transportation-in

501

3,000.00

Interest Expense

650

3,833.33

Notes Payable

200

500,000.00

Interest Payable

201

16,166.67

130

6,340.00

Theresa Ballada, Withdrawals

301

160,000.00

Supplies

130

5,432.00

Miscellaneous Expense

640

784.00

1,800.00 Utilities Expense

604

15,000.00

876.00 Utilities Expense

604

7,300.00

960.00 Advertising Expense

600

8,000.00

Salaries Expense

610

116,500.00

SSS and EC Contributions Payable

211

Philhealth Contributions Payable

212

PAG-IBIG Contributions Payable

213

Withholding Tax Payable

214

600.00 Repairs and Maintenance Expense


100,000.00

DEBIT

19,200.00

Input Tax

120,000.00

PR

12,000.00

760.80 Supplies
100,000.00

12,000.00

184,000.00

22,080.00

PhP

684,400.00
(500)

SSS and EC Contributions Expense

611

10,563.60

SSS and EC Contributions Payable

211

5,086.40

PhilHealth Contributions Expense

612

2,587.50

Philhealth Contributions Payable

212

2,587.50

PAG-IBIG Contributions Expense

613

900.00

PAG-IBIG Contributions Payable

213

900.00

Witholding Taxes Payable

214

34,721.02

Theresa Ballada, Withdrawals

301

45,000.00

PhP 92,932.80

PhP1,331,122.02

(230-1)

(/)
Value-Added Tax Payable

2,231,505.02

230

123,050.20

page 25

CREDIT

PhP

10,000.00
1,200.00

2,543.20
1,293.75
450.00
17,360.51

10,000.00
1,200.00

2,543.20
1,293.75
450.00
17,360.51

PhP 65,694.92
(/)

CASH RECIEPTS JOU


DATE OR #

DESCRIPTION

CASH

DEBITS
OUTPUT
TAX

SALES
DISCOUNTS

2015
Oct. 1
5
8
8
8
12
15
19

0232 Del Mundo Shirts Station


0233 Selisana Garments
Cash Sales
0234 Modesto Bargain House
0235 Virtudazo Commercial
0236 Marasigan Enterprises
Cash Sales
0237 Cardenas Marketing

PhP

87,808.00
43,904.00
418,432.00
26,342.40
11,200.00
78,400.00
344,960.00
17,920.00

22
22
24

Cash Sales
0238 Modesto Bargain House
0239 Pateno Sales

328,720.00
52,684.80
244,000.00

26
30
31
31

0240 Selisana Garments


0241 Cardenas Marketing
Cash Sales
0242 Marasigan Enterprises

98,784.00
56,000.00
567,952.00
64,960.00
PhP

2,442,067.20
(100)
2,448,384.00

PhP

PhP

192.00 PhP
96.00

1,600.00
800.00

57.60

480.00

115.20

960.00

216.00

1,800.00

676.80 PhP

(230-2)

5,640.00
(401)

page 13

RECIEPTS JOURNAL
CREDITS
ACCOUNTS
RECIEVABLE
PhP

OUTPUT TAX

SALES

OTHER ACCOUNTS
ACCOUNT TITLE
F
AMOUNT

89,600.00
44,800.00

/
/
PhP

44,832.00

PhP

373,600.00

26,880.00
11,200.00
78,400.00

/
/
/
36,960.00

308,000.00

17,920.00

/
35,220.00

293,500.00

53,760.00
Notes Receivable
Interest Income
Interest Receivable
100,800.00
56,000.00
60,852.00

(112)
2,448,384.00

240,000.00
1,600.00
2,400.00

507,100.00

64,960.00
PhP544,320.00

/
110
410
111
/
/
/

PhP177,864.00
(230-2)

PhP

1,482,200.00
(400)

PhP244,000.00
(/)

CHECK REGISTER
CHECK
NO.

DEBITS
PAYEE

DATE

Vo.
No.

VOUCHERS
PAYABLE

CREDITS
PURCHASES
DISCOUNTS

2015

081191 0ct.2 Tria Forwarders


081192
3 Camisera Rivadelo
081193
4 Cayanan Services
081194
4 Social Security System
081195
9 Ruiz Marketing
081196 10 BIR
081197 10 Social Security System
081197 11 Philhelath
081198 13 Gascon Trading
081199 15 Kashato Shirts Employees
081200 15 Geron Merchandising
081201 15 Burgos Shirts
081202 15 PAG-IBIG
081203 17 Blanche Manufacturing Co.
081204 18 Dulay Repairs
081205 22 Galang Freight Services
081206 23 Dona Seechua Dev't Bank
081207 23 Villon Supplies
081208 24 Barbo Wears
081209 25 BIR
081210 26 Ruiz Marketing
081211 29 Theresa Ballada
081212 29 Romanor Gatamaitan
081213 30 Meralco
081214 30 Bobadilla Telephone Co.
081215 30 People's Journal
081216 31 Kashato Shirts Payroll
081217 31 Theresa Ballada

206
193
207
200
193
200
201
202
199
211
212
197
203
209
215
217
218
219
195
204
213
222
223
224
225
226
227
232

PhP

1,120.00
26,880.00
2,688.00
224,000.00
34,721.02
15,650.00
5,175.00
112,000.00
94,852.54
6,720.00
44,800.00
1,800.00
168,000.00
5,600.00
3,360.00
520,000.00
7,100.80
24,640.00
63,003.00
134,400.00
160,000.00
6,216.00
16,800.00
8,176.00
8,960.00
94,852.54
45,000.00

PhP

4,000.00

1,000.00

3,000.00

2,400.00

PhP1,836,514.90

PhP10,400.00

(240)
1,836,514.90

(502)
1,836,514.90

page 14

CREDITS
INPUT TAX

CASH

PhP

PhP

480.00

120.00

360.00

288.00

1,120.00
26,880.00
2,688.00
219,520.00
34,721.02
15,650.00
5,175.00
110,880.00
94,852.54
6,720.00
44,800.00
1,800.00
164,640.00
5,600.00
3,360.00
520,000.00
7,100.80
24,640.00
63,003.00
131,712.00
160,000.00
6,216.00
16,800.00
8,176.00
8,960.00
94,852.54
45,000.00

PhP1,248.00

PhP1,824,866.90

(230-1)

(100)

CHECK SUMMARY
DATE CHECK NO.
2015
Sept. 30
Oct. 2
2
81191
3
81192
4
81193
5
81194
6
9
9
9
9
81195
10
81196
10
81197
13
13
81198
15
81199
15
81200
15
81201
15
81202
16
17
81203
18
81204
20
22
81205
23
23
23
81206
23
81207
24
81208
25
25
81209
26
81210
27
29
81211
29
81212
30
81213
30
81214
30
81215
31
31
31
Nov. 1
Nov. 1

PARTICULARS
Balance Brought Forward
Del Mundo Shirts Station
Tria Forwarders
Camiseria Rivadelo
Cayanan Services
Selisana Garments
Cash Sales
Modesto Bargain House
Virtudazo Commercial
Ruiz Marketing
BIR

DEPOSIT
PhP 87,808.00

43,904.00
418,432.00

26,342.40
11,200.00

Social Security System

Marasigan Enterprises
Gaston Trading
Semi-monthly Payroll
Geron Merchandising
Burgos Shirts
PAG-IBIG Fund
Cash Sales

78,400.00

344,960.00

Blanche Manufacturing Company

Dulay Repairs
Cardenas Marketing
Galang Freight Services
Cash Sales
Modesto Bargain House
Dona Seechua Dev't Bank
Villon Supplies
Barbo Wears
Pateno Sales
BIR
Ruiz Marketing
Selisana Garments
Theresa Ballada
Romanor Gatmaitan
Meralco
Bobadilla Telephone Co.
People's Journal
Cardenas Marketing
Semi-Monthly Payroll
Theresa Ballada
Cash Sales
Marasigan Enterprises

17,920.00
328,720.00

52,684.80

244,000.00
98,784.00

56,000.00

567,952.00

64,960.00

ARY
WITDRAWAL

PhP

1,120.00
26,880.00
2,688.00

219,520.00
34,721.02
15,650.00

110,880.00
66,033.73
6,720.00
44,800.00
1,800.00
164,640.00
5,600.00
3,360.00
520,000.00
7,100.80
24,640.00
63,003.00
131,712.00
160,000.00
6,216.00
16,800.00
8,176.00
8,960.00
66,033.73
45,000.00

BALANCE
PhP 237,052.36
324,860.36
323,740.36
296,860.36
294,172.36
294,172.36
338,076.36
756,508.36
782,850.76
794,050.76
574,530.76
539,809.74
524,159.74
602,559.74
491,679.74
425,646.01
418,926.01
374,126.01
372,326.01
717,286.01
552,646.01
547,046.01
564,966.01
561,606.01
890,326.01
943,010.81
423,010.81
415,910.01
391,270.01
635,270.01
572,267.01
440,555.01
539,339.01
379,339.01
373,123.01
356,323.01
348,147.01
339,187.01
395,187.01
329,153.28
284,153.28
852,105.28
917,065.28

GENERAL JOURNAL
DATE
2015
a.

ACCOUNT TITLES AND EXPLANATION


ADJUSTMENTS
Interest Receivable
Interest Income

b.

Uncollectible Accounts Expense


Allowance for Uncollectible Accounts

c.

Supplies Expense
Supplies

d.

Prepaid Insurance
Insurance Expense

Rent Expense
Prepaid Rent

Dep. Exp. - Furniture and Fixture


Accum. Dep. - Furniture & Fixture
Dep. Exp. - Equipment
Accum. Dep. - Equipment
Dep. Exp - Service vehicle
Accum. Dep. - Service Vehicle

Cash
Accounts Receivable

Voucher's Payable
SSS and EC Contribution Payable
Philhealth Contribution Payable
PAG-IBIG Contribution Payable
Withholding Tax Payable
Value Added Tax Payable
Accounts Payable

PR

page 25

DEBIT
PhP

CREDIT

134.40
PhP

134.40

4,771.20
4,771.20

22,772.00
22,772.00

2,750.00
2,750.00

50,000.00
50,000.00

7,056.00
7,056.00
12,250.00
12,250.00
5,500.00
5,500.00

22,400.00
22,400.00

637,231.74
11,135.00
3,525.00
1,800.00
15,673.00
123,050.40
482,048.34

DATE
2015
a.

ACCOUNT TITLES AND EXPLANATION


BANK RECONCILIATION
Notes Receivable
Accounts Receivable

(to record notes collected)


Cash
Notes Receivable

(to record notes collected)


c.

Accounts Payable
Cash

(to record or to reclassify DAUD)

PR

DEBIT
PhP

CREDIT

45,000.00
PhP 45,000.00

PhP

45,000.00
PhP 45,000.00
33,936.00
33,936.00

GENERAL JOURNAL
DATE

ACCOUNT TITLES AND EXPLANATION

2015
CLOSING ENTRIES
10/31/2015 Mercchandise iventory, End
Sales
Purchases Discounts
Purchases Returns and Allowances
Interest Income
Income Summary
to close temporary accounts with credit balances and established ending inventory

10/31/2015 Income Summary


Mercchandise iventory, Beg
Sales Discounts
Sales Returns and Allowances
Purchases
Transportation IN
Advertising Expense
Supplies Expense
Insurance Expense
Rent Expense
Utilities Expense
Repairs and maintenance Expense
Salaries Expense
SSS and EC Contribution Expense
Philhealth Contribution Expense
PaG-IBIG Contribution Expense
Uncollectible Accounts Expense
Dep. Exp. - Furniture and Fixture
Dep. Exp. - Equipment
Dep. Exp - Service vehicle
Miscellaneous Expense
Interest Expense
to close temporary accounts with debit balances and remove beginning inventory

10/31/2015 Income Summary


Therese Ballada, Capital
To close the income summary account

10/31/2015 Therese Ballada, Capital


Therese Ballada, Withdrawals

PR

page 25

L
DEBIT

CREDIT

763,642.00
1,779,100.00
10,400.00
10,000.00
1,734.40

2,564,876.40
1,880,857.33

PhP

871,200.00
5,640.00
4,000.00
684,400.00
4,000.00
8,000.00
22,772.00
2,750.00
50,000.00
22,300.00
7,400.00
154,320.00
7,218.30
1,762.50
900.00
4,771.20
7,056.00
12,250.00
5,500.00
784.00
3,833.33

684019.07
684019.07
205,000.00
205,000.00