PURCHASES JOURNAL

Purchase Accounts Payable

Date Purchased From Terms Inv No. 12% Input Tax
Debit Credit
11-Jun Nature's Best 2/10, n/30 3100 20,892.86 2,507.14 23,400.00
15-Jun Wonder Care 338 38,571.43 4,628.57 43,200.00
25-Jun Everbright 2/10, n/30 81075 4,821.43 578.57 5,400.00
 SALES JOURNAL
Accounts Receivable Cash Sales Sales
Date Customer Terms Inv. No.
Debit Debit Credit
2-Jun Eva Perez COD CI0008 3,325.00 2,968.75
3-Jun Phils. Christian House 25% down, 3/7, n/15 SI0018 4,940.00 4,410.71
7-Jun Shop Here Supermart 25% down, 3/7, n/15 SI0019 16,200.00 14,464.29
9-Jun Joni Bulatao COD CI0009 3,800.00 3,392.86
11-Jun Vasquez Grocery 25% down, 3/7, n/15 SI0020 14,800.00 13,214.29
15-Jun Paula's Mini Mart 25% down, 3/7, n/15 SI0021 4,020.00 3,589.21
17-Jun Marietta Milan COD CI0010 2,850.00 2,544.64
22-Jun Fair View Grand Hotel 25% down, 3/7, n/15 SI0022 16,800.00 15,000.00
23-Jun International Supermar25% down, 3/7, n/15 SI0023 11,400.00 10,178.57
28-Jun Merle Ong COD CI0011 3,847.50 3435.27
12% Output Tax
Credit
356.25
529.29
1,735.71
407.14
1,585.71
430.71
305.36
1,800.00
1,221.43
412.23
 CASH PAYMENTS JOURNAL

Cash in Bank
Date Paid to Explanation CV No. CI No.
Credit
2-Jun Sy Development Corporation May rent and utilities 0038 11,000.00

2-Jun BIR May VAT 0039 2,058.15

2-Jun BIR May Wtax 0040 729.88
8-Jun HDMF May HDMF 0041 1,000.00
8-Jun SSS May SSS & EC 0042 8,950.00
8-Jun PhilHealth May Philhealth 0043 5,940.00
8-Jun Ever bright May acct pay 0044 2,646.00
9-Jun BIR Withheld for rent 0045 500.00
9-Jun Nature's Best May accounts 0046 5,850.00
11-Jun PCF PCF replenish 0047 1,700.00

14-Jun Nature's Best 50% due 0048 11,700.00

15-Jun Various Salaries 0049 50,446.81

23-Jun Wonder care 50% of account 19,800.00

30-Jun Various payroll 50,446.81

ASH PAYMENTS JOURNAL

Purchase Discount Accounts Payable Sundry

Credit F Debit Account Title F Debit Credit
Rent exp 10,000.00
Utilities exp 1,500.00
Creditable Inc WH 500.00
Vat pay 2,058.15
Wtax pay 729.88
HDMF pay 1,000.00
SSS & EC pay 8,950.00
MCR Prem Pay 5,940.00
48.21 2,700.00 Input Tax 5.79
Creditable Inc WH 500.00
5,850.00
Repairs & M 1,000.00
Gas 500.00
Mabuhay, personal 200.00
11,700.00
Salaries 54,000.00
SSS & EC expense 3,021.74
MCR Prem exp 1,485.00
Pag-ibig Prem exp 250.00
Wtax payable 364.94
SSS & EC payable 4,475.00
MCR Prem Pay 2,970.00
Pag-ibig Prem pay 500.00
19,800.00

Salaries 54,000.00
SSS & EC exp 3,021.74
MCR Prem exp 1,485.00
Pag-ibig Prem exp 250.00
Wtax pay 364.94
SSS & EC pay 4,475.00
MCR Prem Pay 2,970.00
Pag-ibig Prem pay 500.00
 CASH RECEIPTS JOURNAL
Cash In Bank
Date Received From Explanation OR No. CI No.
Debit
2-Jun Eva Perez Cash sales 0008 3,325.00
3-Jun Phil. Christian House Downpayment 0028 1,235.00
4-Jun Int'l Supermarket Remaining balance 0029 6,547.50
6-Jun Zen's Spa Remaining balance 0030 9,825.00
7-Jun Shop Here Downpayment 0031 4,050.00
9-Jun Joni Bulatao Cash sales 0009 3,800.00
10-Jun Phil. Christian House Remaining balance 0032 3,593.85
11-Jun Vasquez Grocery Downpayment 0033 3,700.00
14-Jun Shop Here Remaining balance 0034 11,785.50
15-Jun Paula's Mini Mart Downpayment 0035 1,005.00
17-Jun Marietta Milan Cash sales 0010 2,850.00
22-Jun Fair View Downpayment 0036 4,200.00
23-Jun Int'l Supermarket Downpayment 0037 2,850.00
27-Jun Fair View 50% of remaining bal 0038 6,300.00
29-Jun Merle Ong 11 3,847.50
CASH RECEIPTS JOURNAL
Sales Discount Accounts Receivable Sales Sundry - Credit
Debit Credit Credit F Account Title Amount
3,325.00
1,235.00
180.80 6,750.00 Output Tax 21.70
9,825.00
4,050.00
3,800.00 Output Tax 407.14
99.24 3,705.00 Output Tax (11.91)
3,700.00
325.45 12,150.00 Output Tax (39.05)
1,005.00
2,850.00 Output Tax 305.36
4,200.00
2,850.00
6,300.00
3,847.50 Output tax 412.23
 GENERAL JOURNAL
Date Particular F Debit Credit
1-Jun Cash on Hand 101 20,000.00
Cash in bank 102 75,330.20
Petty Cash Fund 103 2,000.00
Accounts Receivable 104 16,575.00
Merchandise Inventory 107 57,790.00
Prepaid Supplies 109 313.35
Furniture and Equipment 201 26,500.00
Delivery Equipment 202 90,000.00
Deposit for rent 301 10,000.00
Deposit for utilities 302 2,000.00
Accumulated Dep. - F&E 201.1 612.50
Accumulated Dep. - DE 202.1 2,667.00
Accounts Payable 401 8,550.00
SS & EC premiums payable 403 8,950.00
Philhealth premiums payable 404 5,940.00
HDMF premiums payable 405 1,000.00
Withholding tax payable 406 729.88
VAT payable 411 2,058.15
Rent payable 408 10,000.00
Utilities payable 409 1,500.00
Mariano Mabuhay, Capital 258,501.02
To record the beginning balances

1-Jun Rent Payable 10,000.00

Utilities Payable 1,500.00
Rent Expense 10,000.00
Utilities Expense 1,500.00
Reversing Entries - JV No. 09

1-Jun Supplies Exp 313.35

Prepaid Supplies 313.35
Reversing Entries - JV No. 10

1-Jun Cash in Bank 20,000.00

Cash on Hand 20,000.00
To record May undeposited Collections

1-Jun Furniture & Euipment 30,000.00

Mabuhay, Capital 30,000.00
To record the additional investment in terms of laptop

10-Jun Furniture & Euipment 13,500.00

Input Tax 1,620.00
Notes Payable 15,120.00
 To record promissory Note for fixtures bought

20-Jun Accounts Payable 3,600.00

Purchase Returns 3,214.29
Input Tax 385.71
To record purchase returns to Wonder Care
 PETTY CASH BOOK

Petty Cash Fund

Date Explanation Payee PCV No.
Receipt Payment Gas & Oil

1-Jun Beginning 2,000.00

4-Jun Repairs Willy Reyes 18 1,000.00
7-Jun Personal Mariano Mabuhay 19 200.00
8-Jun Gas & Oil AJ'S Petron 20 500.00 500.00
2,000.00 1,700.00 500.00
Balance 300.00
2,000.00 2,000.00
11-Jun Balance 300.00
Replenish 1,700.00
13-Jun Supplies National Bookstore 21 308.00
17-Jun Repair Willy Reyes 22 452.05
22-Jun Repair Willy Reyes 23 795.30
28-Jun Gas & Oil AJ'S Petron 24 350.00 350.00
ASH BOOK

Distribution of Payments
Sundry
Supplies Expense Repairs & Maintenance
Account Name Amount

1,000.00
Mabuhay, personal 200.00

1,000.00 200.00

308.00
452.05
795.30
Name: International Supermarket Address: Edsa North
Date Particulars F Debit Credit Debit Balance
28-May SI 0017 SJ2 9,000.00 9,000.00
OR 0025 CR2 2,750.00 6,750.00
4-Jun OR 0029 CRJ 6,750.00 -
22-Jun SI 0023 SJ 11,400.00 11,400.00
22-Jun OR 0037 CRJ 2,850.00 8,550.00

Name: Zen's Good Spa Address: 1120 Pasong Tamo

Date Particulars F Debit Credit Debit Balance
20-May SI 0016 SJ2 13,100.00 13,100.00
OR 0020 CR2 3,275.00 9,825.00
6-Jun OR 0030 CRJ 9,825.00 -

Name: Phils. Christian House Address: Guerrero St. Malate Manila

Date Particulars F Debit Credit Debit Balance
3-Jun SI 0018 SJ 4,940.00 4,940.00
OR 0028 CRJ 1,235.00 3,705.00
10-Jun OR 0032 CRJ 3,705.00 -

Name: Fairview Address:

Date Particulars F Debit Credit Debit Balance
22-Jun SI 0022 SJ 16,800.00 16,800.00
22-Jun OR 0036 CRJ 4,200.00 12,600.00
6,300.00 6,300.00
Name: Shop Here Supermart Address: 1208 Pasong Tamo St. Makati City
Date Particulars F Debit Credit Debit Balance
7-Jun SI 0019 SJ 16,200.00 16,200.00
7-Jun OR 0031 CRJ 4,050.00 12,150.00
6/ OR 0034 CRJ 12,150.00 -

Name: Vasquez Grocery Address: 1201 Pasong Tamo ST. Makati Cit
Date Particulars F Debit Credit Debit Balance
11-Jun SI 0020 SJ 14,800.00 14,800.00
OR 0033 CRJ 3,700.00 11,100.00

Name: Paula's Minimart Address:

Date Particulars F Debit Credit Debit Balance
15-Jun SI 0021 SJ 4,020.00 4,020.00
15 1,005.00 3,015.00

Name: Address:
Date Particulars F Debit Credit Debit Balance
Name: Ever Bright Candles Address: 480 Pasong Tamo Name:
Mfg. Co. Terms: 2/10, n/30
Date Particulars F Debit Credit Credit Balance Date
30-May Invoice 81023 PJ2 2,700.00 2,700.00 8-May
8-Jun 44 cpj 2,700.00 - 15
25-Jun Invoice 81075 PJ2 5,400.00 5,400.00 54.00 d 28
48.21 pd 10-Jun
5.79 in tax 11-Jun
14-Jun

Name: Wonder Care Address: 1744 Pasong Tamo, Makati Ci Name:

Terms: 2/10, n/30
Date Particulars F Debit Credit Credit Balance Date
16-Jun Invoice 338 PJ 43,200.00 43,200.00
20-Jun DM 004 3,600.00 39,600.00
23-Jun FB 668871 CPJ 19,800.00 19,800.00

Name: Address: Name:

Terms:
Date Particulars F Debit Credit Credit Balance Date
Nature's Best Product Address:
Terms:
Particulars F Debit Credit Credit Balance
Invoice # 2386 PJ2 11,700.00 11,700.00
Partial Chk 668845 CP2 2,925.00 8,775.00
Partial Chk 668851 CP2 2,925.00 5,850.00
FB 668868 CPJ 5,850.00 -
Invoice # 3100 PJ2 23,400.00 23,400.00
11,700.00 11,700.00

Address:
Terms:
Particulars F Debit Credit Credit Balance

Address:
Terms:
Particulars F Debit Credit Credit Balance