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 4,000.00

230-2
480.00
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

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

CREDITS
OUTPUT TAX

PhP 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
PhP 463,680.00 PhP 49,680.00
(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
PhP 414,000.00
(400)

CASH RECIEPTS JOURNAL

DEBITS
DATE OR #
2010
Oct. 1
5
8
8
8
12
15
19
22
22
24

26
30
31
31

DESCRIPTION

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
Cash Sales
0238 Modesto Bargain House
0239 Pateno Sales

CASH
PhP

0240 Selisana Garments

0241 Cardenas Marketing
Cash Sales
0242 Marasigan Enterprises
PhP

OUTPUT TAX

87,808.00 PhP
43,904.00
393,456.00
26,342.40
11,200.00
78,400.00
315,056.00
17,920.00
294,000.00
52,684.80
244,000.00

192.00 PhP
96.00

ACCOUNTS
RECIEVABLE

1,600.00 PhP
800.00

OUTPUT TAX

480.00

SALES

89,600.00
44,800.00
PhP

57.60

42,156.00 PhP

351,300.00

33,756.00

281,300.00

31,500.00

262,500.00

26,880.00
11,200.00
78,400.00
17,920.00

98,784.00
56,000.00
526,400.00
64,960.00
2,310,915.20 PhP
(100)

CREDITS
SALES
DISCOUNTS

115.20

960.00

53,760.00

216.00

1,800.00

100,800.00
56,000.00

676.80 PhP

56,400.00
470,000.00
64,960.00
5,640.00 PhP 544,320.00 PhP 163,812.00 PhP 1,365,100.00

(230-2)

(401)

(112)

(230-2)

(400)

page 13

CREDITS
OTHER ACCOUNTS
ACCOUNT TITLE
F
AMOUNT
/
/
/
/
/
/

Notes Receivable
Interest Income
Interest Receivable

/
110
410
111
/
/

240,000.00
1,600.00
2,400.00

/
PhP 244,000.00
(/)

VOUCHER REGISTER
VOUCHER
PAYEE

TERMS

NO. DATE

PAID

2010

2010

0205 Oct. 2 Blanche Manufacturing Company

CK.
NO.

VOUCHERS
PAYABLE

2/15, n/60 Cancelled V#209 PhP

0206

Tria Forwarders

Cash

Oct. 2

81191

0207

Cayanan Services

Cash

81193

0208

Budoy Shirt Factory

n/30

0209

Blanche Manufacturing Company

2/15,n/60

81203

PURCHASES

179,200.00 PhP

OTHERS

INPUT TAX

160,000.00 PhP

1,120.00

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

0211

15

Kashato Shirts Employees

Cash

Cancelled V#214
15

81199

40,320.00

4,320.00 Furniture and Fixtures

66,033.73

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

18

81204

0216

20

Camisera Rivadelo

n/30

0217

22

Galang Freight Services

0218

23

Dona Seechua Development Bank

5,600.00

Cash

22

81205

3,360.00

Cash

23

81206

520,000.00

112,000.00

600.00 Repairs and Maintenance Expense

100,000.00

12,000.00
360.00 Transportation-in
Interest Expense
Notes Payable
Interest Payable

0219

23

Villon Supplies

COD

0220

24

Burgos Shirts

1/15,n/60

23

81207

112,000.00

7,100.80
100,000.00

12,000.00

760.80 Supplies

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

SSS and EC Contributions Expense

SSS and EC Contributions Payable
PhilHealth Contributions Expense
Philhealth Contributions Payable
PAG-IBIG Contributions Expense
PAG-IBIG Contributions Payable

0231

31

BIR

0232

31

Theresa Ballada

Cash

31

81217

15,673.34

Witholding Taxes Payable

45,000.00

Theresa Ballada, Withdrawals

PhP 1,959,909.60 PhP

(240)
0233

31

BIR

123,050.20

684,400.00 PhP
(500)

92,932.80
(230-1)
Value-Added Tax Payable

page 25

OTHERS
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 PhP 44,652.54
(/)

230

123,050.20

(/)

CHECK REGISTER

PAYEE
NO.

CREDITS

DEBITS

CHECK
DATE

Vo.
No.

VOUCHERS
PAYABLE

PURCHASES
DISCOUNTS

INPUT TAX

2010

081191 0ct.2 Tria Forwarders

081192 3 Camisera Rivadelo
081193 4 Cayanan Services
081194 5 Social Security System
081195 9 Ruiz Marketing
081196 10 BIR
081197 10 PhilHealth
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 PhP
1,120.00
193
26,880.00
207
2,688.00
200
11,135.00
193
224,000.00 PhP 4,000.00 PhP 480.00
201
15,673.34
202
3,525.00
199
112,000.00
1,000.00
120.00
211
66,033.73
212
6,720.00
197
44,800.00
203
1,800.00
209
168,000.00
3,000.00
360.00
215
5,600.00
217
3,360.00
218
520,000.00
219
7,100.80
195
24,640.00
204
63,003.00
213
134,400.00
2,400.00
288.00
222
160,000.00
223
6,216.00
224
16,800.00
225
8,176.00
226
8,960.00
227
66,033.73
232
45,000.00
PhP 1,753,664.60 PhP 10,400.00 PhP 1,248.00
(240)

(502)

(230-1)

page 14

CREDITS
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 CHECK NO.
2010
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
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