GENERAL JOURNAL DATE 2010 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 PhP 2 3 0-2 0 0 6/
4,000.00 480.00
19
Notes Receivable Accounts Receivable - Virtudazo Commercial To record receipts of notes payable
11 0 0 0 7/
33,600.00
31
Allowance for Uncollectible Accounts Accounts Receivable - Dela Torre Store To record write-off uncollectible
11 3 0 0 2/
6,720.00
31
Output VAT Input VAT Value-Added Tax Payable To record VAT payable
2 3 0-2 2 3 0-1 23 0
212,335.20
page 25
CREDIT
PhP
4,480.00
33,600.00
6,720.00
89,284.80 123,050.40
SALES JOURNAL
DATE
2010 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
56,000.00 22,400.00 53,760.00 100,800.00 64,960.00 89,600.00 76,160.00
CRE
OUTPUT TAX
PhP
6,000.00 2,400.00 5,760.00 10,800.00 6,960.00 9,600.00 8,160.00
PhP 463,680.00
PhP 49,680.00
(112)
(230-2)
page 13
ITS
SALES
PhP
50,000.00 20,000.00 48,000.00 90,000.00 58,000.00 80,000.00 68,000.00
PhP 414,000.00
(400)
CASH RECIEPTS JOURNAL DEBITS
DATE
OR #
DESCRIPTION
CASH
CREDITS
OUTPUT TAX
SALES
ACCOUNTS
DISCOUNTS
RECIEVABLE
OUTPUT TAX
SALES
2010 Oct. 1 5
0232 Del Mundo Shirts Station
PhP
0233 Selisana Garments
8
87,808.00
PhP
192.00
43,904.00
Cash Sales
PhP
96.00
1,600.00 800.00
PhP
89,600.00 44,800.00
393,456.00
PhP
8
0234 Modesto Bargain House
26,342.40
8
0235 Virtudazo Commercial
11,200.00
11,200.00
12
0236 Marasigan Enterprises
78,400.00
78,400.00
15 19
Cash Sales
17,920.00
Cash Sales
22 24
0239 Pateno Sales
26
0240 Selisana Garments
30
0241 Cardenas Marketing
31
98,784.00
262,500.00
56,400.00
470,000.00
PhP 544,320.00
PhP 163,812.00
PhP 1,365,100.00
(112)
(230-2)
(400)
960.00
53,760.00
216.00
1,800.00
100,800.00 56,000.00
64,960.00
page 13
OTHER ACCOUNTS AMOUNT
/ / / / / / / Notes Receivable
110
240,000.00
Interest Income
410
1,600.00
Interest Receivable
111
2,400.00
/
31,500.00 115.20
56,000.00
2,310,915.20
(100)
/
281,300.00
526,400.00 PhP
/
33,756.00 17,920.00
52,684.80
0242 Marasigan Enterprises
F
351,300.00
244,000.00
Cash Sales
ACCOUNT TITLE
PhP
26,880.00
294,000.00
0238 Modesto Bargain House
31
480.00
315,056.00
0237 Cardenas Marketing
22
57.60
42,156.00
64,960.00 PhP
676.80
(230-2)
PhP
5,640.00
(401)
page 13
OTHER ACCOUNTS ACCOUNT TITLE
F
AMOUNT
/ / / / / / / Notes Receivable
110
240,000.00
Interest Income
410
1,600.00
Interest Receivable
111
2,400.00
/ / / PhP 244,000.00
(/)
VOUCHER REGISTER VOUCHER PAYEE
TERMS
NO. DATE
PAID
2010
2010
0205 Oct. 2 Blanche Manufacturing Company 0206
2
Tria Forwarders
0207
4
0208
5
0209
5
Blanche Manufacturing Company
2/15, n/60 Cancelled
CK. NO. V#209
Cash
Oct. 2
81191
Cayanan Services
Cash
4
81193
Budoy Shirt Factory
n/30 2/15,n/60
VOUCHERS PAYABLE
PhP
179,200.00
81203
PURCHASES
PhP
160,000.00
1,120.00
O
INPUT TAX
PhP
ACCOUNT TITLE
19,200.00 120.00 Transportation-in
2,688.00 22,848.00
17
DEBITS
CREDITS
DATE
288.00 Repairs and Maintenance Expense 20,400.00
2,448.00
168,000.00
Vouchers Payable Purchases Returns & Allowances Input Tax
0210
12
Medina office Systems
n/30
Cancelled
V#214
40,320.00
0211
15
Kashato Shirts Employees
Cash
15
81199
66,033.73
4,320.00 Furniture and Fixtures Salaries Expense SSS and EC Contributions Payable Philhealth Contributions Payable PAG-IBIG Contributions Payable Withholding Tax Payable
0212
15
Geron Merchandising
0213
16
Ruiz Marketing
0214
17
Medina Office Systems
COD
15
81200
6,720.00
2/10,n/30
26
81210
134,400.00
n/30
29,120.00
720.00 Supplies 120,000.00
14,400.00 Vouchers Payable
VOUCHER REGISTER VOUCHER PAYEE
TERMS
NO. DATE
PAID
2010
2010
0205 Oct. 2 Blanche Manufacturing Company 0206
2
Tria Forwarders
0207
4
0208
5
0209
5
Blanche Manufacturing Company
2/15, n/60 Cancelled
CK. NO. V#209
Cash
Oct. 2
81191
Cayanan Services
Cash
4
81193
Budoy Shirt Factory
n/30 2/15,n/60
DEBITS
CREDITS
DATE
VOUCHERS PAYABLE
PhP
179,200.00
PURCHASES
PhP
81203
INPUT TAX
PhP
1,120.00
ACCOUNT TITLE
19,200.00 120.00 Transportation-in
2,688.00
288.00 Repairs and Maintenance Expense
22,848.00 17
160,000.00
O
20,400.00
2,448.00
168,000.00
Vouchers Payable Purchases Returns & Allowances Input Tax
0210
12
Medina office Systems
n/30
Cancelled
V#214
40,320.00
0211
15
Kashato Shirts Employees
Cash
15
81199
66,033.73
4,320.00 Furniture and Fixtures Salaries Expense SSS and EC Contributions Payable Philhealth Contributions Payable PAG-IBIG Contributions Payable Withholding Tax Payable
0212
15
Geron Merchandising
0213
16
Ruiz Marketing
0214
17
Medina Office Systems
COD
15
81200
6,720.00
2/10,n/30
26
81210
134,400.00
n/30
720.00 Supplies 120,000.00
14,400.00
29,120.00
Vouchers Payable Furniture and Fixtures Input Tax
0215
18
Dulay Repairs
Cash
0216
20
Camisera Rivadelo
n/30
18
81204
5,600.00
0217
22
Galang Freight Services
Cash
22
81205
3,360.00
0218
23
Dona Seechua Development Bank
Cash
23
81206
520,000.00
600.00 Repairs and Maintenance Expense
112,000.00
100,000.00
12,000.00 360.00 Transportation-in Interest Expense Notes Payable Interest Payable
0219
23
Villon Supplies
COD
23
81207
7,100.80
760.80 Supplies
0220
24
Burgos Shirts
1/15,n/60
112,000.00
100,000.00
12,000.00
0221
26
Blanche Manufacturing Company
2/15,n/60
206,080.00
184,000.00
22,080.00
0222
29
Theresa Ballada
Cash
29
81211
160,000.00
0223
29
Romanor Gatmaitan (petty cash)
Cash
29
81212
6,216.00
Theresa Ballada, Withdrawals Supplies Miscellaneous Expense
0224
30
Meralco
Cash
30
81213
16,800.00
1,800.00 Utilities Expense
0225
30
Bobadilla Telephone Co.
Cash
30
81214
8,176.00
876.00 Utilities Expense
0226
30
People's Journal
Cash
30
81215
8,960.00
960.00 Advertising Expense
0227
31
Kashato Shirts Employees
Cash
31
81216
66,033.73
Salaries Expense SSS and EC Contributions Payable Philhealth Contributions Payable PAG-IBIG Contributions Payable Withholding Tax Payable
0228
31
SSS and EC Contribution
11,135.00
0229
31
PhilHealth Contribution
3,525.00
0230
31
PAG-IBIG Contribution
1,800.00
0231
31
BIR
0232
31
Theresa Ballada
SSS and EC Contributions Expense SSS and EC Contributions Payable PhilHealth Contributions Expense Philhealth Contributions Payable PAG-IBIG Contributions Expense PAG-IBIG Contributions Payable
Cash
31
81217
15,673.34
Witholding Taxes Payable
45,000.00
Theresa Ballada, Withdrawals
PhP 1,959,909.60
(240) 0233
31
BIR
123,050.20
PhP
684,400.00
(500)
PhP
92,932.80
(230-1) Value-Added Tax Payable
0222
29
Theresa Ballada
Cash
29
81211
160,000.00
0223
29
Romanor Gatmaitan (petty cash)
Cash
29
81212
6,216.00
Theresa Ballada, Withdrawals Supplies Miscellaneous Expense
0224
30
Meralco
Cash
30
81213
16,800.00
1,800.00 Utilities Expense
0225
30
Bobadilla Telephone Co.
Cash
30
81214
8,176.00
876.00 Utilities Expense
0226
30
People's Journal
Cash
30
81215
8,960.00
960.00 Advertising Expense
0227
31
Kashato Shirts Employees
Cash
31
81216
66,033.73
Salaries Expense SSS and EC Contributions Payable Philhealth Contributions Payable PAG-IBIG Contributions Payable Withholding Tax Payable
0228
31
SSS and EC Contribution
11,135.00
0229
31
PhilHealth Contribution
3,525.00
0230
31
PAG-IBIG Contribution
1,800.00
0231
31
BIR
0232
31
Theresa Ballada
SSS and EC Contributions Expense SSS and EC Contributions Payable PhilHealth Contributions Expense Philhealth Contributions Payable PAG-IBIG Contributions Expense PAG-IBIG Contributions Payable
Cash
31
81217
15,673.34
Witholding Taxes Payable
45,000.00
Theresa Ballada, Withdrawals
PhP 1,959,909.60
(240) 0233
31
BIR
123,050.20
page 25
HERS PR
DEBIT
501 PhP
1,000.00
605
2,400.00
240
179,200.00
503
CREDIT
PhP
230-1
10,000.00 1,200.00
150
36,000.00
610
77,160.00
211
1,958.35
212
881.25
213
450.00
214
7,836.67
130
6,000.00
240
40,320.00
PhP
684,400.00
(500)
PhP
92,932.80
(230-1) Value-Added Tax Payable
page 25
HERS PR
DEBIT
501 PhP
1,000.00
605
2,400.00
240
179,200.00
503
CREDIT
PhP
230-1
10,000.00 1,200.00
150
36,000.00
610
77,160.00
211
1,958.35
212
881.25
213
450.00
214
7,836.67
130
6,000.00
240
40,320.00
150
10,000.00
230-1
1,200.00
605
5,000.00
501
3,000.00
650
3,833.33
200
500,000.00
201
16,166.67
130
6,340.00
301
160,000.00
130
5,432.00
640
784.00
604
15,000.00
604
7,300.00
600
8,000.00
610
77,160.00
211
1,958.35
212
881.25
213
450.00
214
7,836.67
611
7,218.30
211
3,916.70
612
1,762.50
212
1,762.50
613
900.00
213
900.00
214
15,673.34
301
45,000.00 PhP 1,227,229.34
(/) 230
123,050.20
PhP
44,652.54
(/)
301
160,000.00
130
5,432.00
640
784.00
604
15,000.00
604
7,300.00
600
8,000.00
610
77,160.00
211
1,958.35
212
881.25
213
450.00
214
7,836.67
611
7,218.30
211
3,916.70
612
1,762.50
212
1,762.50
613
900.00
213
900.00
214
15,673.34
301
45,000.00 PhP 1,227,229.34
PhP
(/) 230
44,652.54
(/)
123,050.20
CHECK REGISTER
PAYEE NO.
CREDITS
DEBITS
CHECK DATE
Vo.
VOUCHERS
PURCHASES
No.
PAYABLE
DISCOUNTS
INPUT TAX
2010
081191 0ct.2 Tria Forwarders
206 PhP
1,120.00
081192
3
Camisera Rivadelo
193
26,880.00
081193
4
Cayanan Services
207
2,688.00
081194
5
Social Security System
200
11,135.00
081195
9
Ruiz Marketing
193
224,000.00
081196
10
BIR
201
15,673.34
081197
10
PhilHealth
202
3,525.00
081198
13
Gascon Trading
199
112,000.00
081199
15
Kashato Shirts Employees
211
66,033.73
081200
15
Geron Merchandising
212
6,720.00
PhP
4,000.00
1,000.00
PhP
480.00
120.00
CHECK REGISTER
PAYEE NO.
CREDITS
DEBITS
CHECK DATE
Vo.
VOUCHERS
PURCHASES
No.
PAYABLE
DISCOUNTS
INPUT TAX
2010
081191 0ct.2 Tria Forwarders
206 PhP
1,120.00
081192
3
Camisera Rivadelo
193
26,880.00
081193
4
Cayanan Services
207
2,688.00
081194
5
Social Security System
200
11,135.00
081195
9
Ruiz Marketing
193
224,000.00
081196
10
BIR
201
15,673.34
081197
10
PhilHealth
202
3,525.00
081198
13
Gascon Trading
199
112,000.00
081199
15
Kashato Shirts Employees
211
66,033.73
081200
15
Geron Merchandising
212
6,720.00
081201
15
Burgos Shirts
197
44,800.00
081202
15
PAG-IBIG
203
1,800.00
081203
17
Blanche Manufacturing Co.
209
168,000.00
081204
18
Dulay Repairs
215
5,600.00
081205
22
Galang Freight Services
217
3,360.00
081206
23
Dona Seechua Dev't Bank
218
520,000.00
081207
23
Villon Supplies
219
7,100.80
081208
24
Barbo Wears
195
24,640.00
081209
25
BIR
204
63,003.00
081210
26
Ruiz Marketing
213
134,400.00
081211
29
Theresa Ballada
222
160,000.00
081212
29
Romanor Gatamaitan
223
6,216.00
081213
30
Meralco
224
16,800.00
081214
30
Bobadilla Telephone Co.
225
8,176.00
081215
30
People's Journal
226
8,960.00
081216
31
Kashato Shirts Payroll
227
66,033.73
081217
31
Theresa Ballada
232
45,000.00
PhP
4,000.00
PhP
480.00
1,000.00
120.00
3,000.00
360.00
2,400.00
288.00
PhP 1,753,664.60
PhP 10,400.00
PhP 1,248.00
(240)
(502)
(230-1)
page 14
CASH
PhP
1,120.00 26,880.00 2,688.00 11,135.00 219,520.00 15,673.34 3,525.00 110,880.00 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
PhP 1,742,016.60
(100)
CHECK SUMMARY DATE
2010 Sept. 30 Oct. 2 2 3 4 5 6 9 9 9 9 10 10 13 13 15 15 15 15 16 17 18 20 22 23 23 23 23 24 25 25 26 27 29 29 30 30 30 31 31 31 Nov. 1 Nov. 1
CHECK NO.
81191 81192 81193 81194
81195 81196 81197 81198 81199 81200 81201 81202 81203 81204 81205
81206 81207 81208 81209 81210 81211 81212 81213 81214 81215
PARTICULARS
Balance Brought Forward Del Mundo Shirts Station Tria Forwarders Camiseria Rivadelo Cayanan Services SSS and EC Selisana Garments Cash Sales Modesto Bargain House Virtudazo Commercial Ruiz Marketing BIR PhilHealth Insurance Corp. Marasigan Enterprises Gaston Trading Semi-monthly Payroll Geron Merchandising Burgos Shirts PAG-IBIG Fund Cash Sales
DEPOSIT
PhP 87,808.00 PhP
1,120.00 26,880.00 2,688.00 11,135.00
43,904.00 393,456.00 26,342.40 11,200.00 219,520.00 15,673.34 3,525.00 78,400.00 110,880.00 66,033.73 6,720.00 44,800.00 1,800.00 315,056.00 164,640.00 5,600.00
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
WITDRAWAL
17,920.00 3,360.00 294,000.00 52,684.80 520,000.00 7,100.80 24,640.00 244,000.00 63,003.00 131,712.00 98,784.00 160,000.00 6,216.00 16,800.00 8,176.00 8,960.00 56,000.00 66,033.73 45,000.00 526,400.00 64,960.00
BALANCE
PhP 227,036.18 314,844.18 313,724.18 286,844.18 284,156.18 273,021.18 316,925.18 710,381.18 736,723.58 747,923.58 528,403.58 512,730.24 509,205.24 587,605.24 476,725.24 410,691.51 403,971.51 359,171.51 357,371.51 672,427.51 507,787.51 502,187.51 520,107.51 516,747.51 810,747.51 863,432.31 343,432.31 336,331.51 311,691.51 555,691.51 492,688.51 360,976.51 459,760.51 299,760.51 293,544.51 276,744.51 268,568.51 259,608.51 315,608.51 249,574.78 204,574.78 730,974.78 795,934.78
