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    13 views13 pages

    Acctg

    Uploaded by

    Renz Nolasco
    a

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 13

    Date Particulars Debit Credit

    1 Cash on hand 10,850


    Sales 10,850
    Miscellaneous Expense 19,000
    Cash on hand 19,000
    Soaps.
    2 Cash on hand 9,600
    Sales 9,600
    Supplies Expense 450
    Cash 450
    3 Cash on hand 7,850
    Sales 7,850
    4 Cash on hand 7,550
    Sales 7,550
    5 Cash on hand 5,150
    Sales 5,150
    6 Cash on hand 5,950
    Sales 5,950
    Supplies Expense 850
    Cash 850
    7 Cash on hand 6,100
    Sales 6,100
    Supplies Expense 550
    Cash 550
    8 Cash on hand 7,800

    1| P a g e
    Sales 7,800
    9 Cash on hand 9,200
    Sales 9,200
    10 Cash on hand 8,700
    Sales 8,700
    Supplies Expense 650
    Cash 650
    11 Cash on hand 7,200
    Sales 7,200
    Supplies Expense 800
    Cash 800
    12 Cash on hand 7,800
    Sales 7,800
    13 Cash on hand 8,150
    Sales 8,150
    14 Cash on hand 7,800
    Sales 7,800
    15 Cash on hand 8,500
    Sales 8,500
    16 Cash on hand 10,050
    Sales 10,050
    17 Cash on hand 6,750
    Sales 6,750
    18 Cash on hand 8,900
    Sales 8,900

    2| P a g e
    19 Cash on hand 6,450
    Sales 6,450
    20 Cash on hand 6,800
    Sales 6,800
    21 Cash on hand 8,300
    Sales 8,300
    22 Cash on hand 9,050
    Sales 9,050
    Supplies Expense 800
    Cash 800
    23 Cash on hand 6,400
    Sales 6,400
    24 Cash on hand 9,850
    Sales 9,850
    25 Cash on hand 6,200
    Sales 6,200
    26 Cash on hand 4,500
    Sales 4,500
    27 Cash on hand 5,300
    Sales 5,300
    Supplies Expense 650
    Cash 650
    28 Cash on hand 7,600
    Sales 7,600
    29 Cash on hand 8,000

    3| P a g e
    Sales 8,000
    30 Cash on hand 5,650
    Sales 5,650
    Supplies Expense 950
    Cash 950
    31 Cash on hand 9,500
    Sales 9,500
    Salary Expense 15,000
    Cash on hand 15,000
    Utility Expense 48,650
    Cash on hand 48,650
    Net, electricity and water.

    4| P a g e
    Farm View Lodging House
    Sales and Cash Receipts Journal
    Date Sales

    (CR)

    Oct. 1 10,850.00

    2 9,600.00

    3 7,850.00

    4 7,550.00

    5 5,150.00

    6 5,950.00

    7 6,100.00

    8 7,800.00

    9 9,200.00

    10 8,700.00

    11 7,200.00

    12 7,800.00

    13 8,150.00

    14 7,800.00

    15 8,500.00

    16 10,050.00

    17 6,750.00

    18 8,900.00

    5| P a g e
    19 6,450.00

    20 6,800.00

    21 8,300.00

    22 9,050.00

    23 6,400.00

    24 9,850.00

    25 6,200.00

    26 4,500.00

    27 5,300.00

    28 7,600.00

    29 8,000.00

    30 5,650.00

    31 9,500.00

    Total: 237,500.00

    6| P a g e
    LEDGER
    Farm View Lodging House
    T-Accounts
    August, 2017
    CASH
    Date Items F DR Date Items F CR

    August SCRJ 237,500.00 August PCDJ 5,700


    1-31 1-31

    48,650.00

    15,000.00

    19,000.00

    Balance 149,150.00

    237,500.00 237,500.00

    SALES
    Date Items F DR Date Items F CR

    August SCRJ 237,500.00


    1-31

    Balance 237,500.00

    237,500.00 237,500.00

    7| P a g e
    SUPPLIES EXPENSE
    Date Items F DR Date Items F CR

    August PCDJ 5,700.00


    1-31

    5,700.00
    Balance

    5,700.00 5,700.00

    UTILITY EXPENSE
    Date Items F DR Date Items F CR

    August PCDJ 48,650.00


    1-31

    Balance 48,650.00

    48,650.00 48,650.00

    SALARY EXPENSE
    Date Items F DR Date Items F CR

    August PCDJ 15,000.00


    1-31

    Balance 15,000.00

    15,000.00 15,000.00

    8| P a g e
    MISCELLANEOUS EXPENSE

    Date Items F DR Date Items F CR

    August PCDJ 19,000.00


    1-31

    Balance 19,000.00

    19,000.00 19,000.00

    9| P a g e
    Farm View Lodging House
    Trial Balance
    October 31, 2017

    Accounts DR CR

    Cash ₱ 149,150.00 ₱

    Sales 237,500.00

    Supplies expenses 5,700.00

    Utility expenses 48,650.00

    Salary expenses 15,000.00

    Miscellaneous Expenses 19,000.00

    TOTAL: ₱ 237,500.00
    ₱237,500.00

    10| P a g e
    Farm View Lodging House
    Income Statement
    For the month ended October 31, 2017

    Income:

    Sales ₱237,500.00

    Less: Expenses

    Salary Expense
    ₱15,000.00

    Utility Expense
    48,650.00

    Supplies Expense
    5,050.00

    Miscellaneous Expense
    19,000.00
    87700

    NET INCOME: ₱149,800.00

    11| P a g e
    Farm View Lodging House
    Balance Sheet
    October 31, 2017

    ASSETS

    Current Assets:

    Cash ₱149,800.00

    Total Current ₱149,800.00


    Assets:

    Fixed Assets

    Land
    ₱1,650,000.00

    Building 3,800,000.00

    Total Fixed Assets: ₱5,450,000.00

    TOTAL ASSETS: ₱5,599,800.00

    LIABILITIES AND
    PROPRIETORSHIP

    LIABILITIES ₱0

    Total Liabilities: ₱0

    PROPRIETORSHIP

    Capital, ₱5,450,000.00
    Beginning

    Add: Net Income 149,8000.00

    TOTAL ₱5,599,800.00

    12| P a g e
    LIABILITIES AND
    CAPITAL

    Farm View Lodging House


    Daily Purchase and Cash Disbursements Journal

    Date Cash Supplies Utility Salary Miscellaneous


    Disbursed Expenses Expenses Expense Expense

    CR DR DR DR DR

    August 1 19,000.00 19,000.00

    2 450.00 450.00

    6 850.00 850.00

    7 550.00 550.00

    10 650.00 650.00

    11 800.00 800.00

    22 800.00 800.00

    27 650.00 650.00

    30 950.00 950.00

    31 63,650.00 48,650.00 15,000.00

    TOTAL: 88,350.00 5,700.00 48,650.00 15,000.00 19,000.00

    13| P a g e

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