ACCOUNTING JOURNAL

January 1 to December 31, 2015

DATE

ACCOUNT TITTLE

01/DEC

REF

DEBIT

CREDIT

1
20000,00
45000,00

Cash
Bank

45000,00

Machala bank

5300,00

Inventory of materials
Direct material
Indirect material

4800
500
80,00
2400,00
70000,00
280000,00
85000,00
7600,00

In-process inventory
Finished goods inventory
Land
Building
Machinery and equipment
Computer equipment

1790,00
55000,00
458590,00

Providers
Bank loans-long term
Capital stock
T/R opening entry

03/DEC

2
2331,00

Banks

2331,00

Machala bank

21,00

Income Tax 1%

2100,00
252,00

Sales
VAT charged
T/R sale I/# 001-001-0000247

03/DEC

3
1200,00

Cost of goods sold

1200,00

Inventory of goods in process

T/R cost of products sold shirts the
I/# 001-001-0000247

04/DEC

4
140,00
16,80

Sales
VAT charged

156,80

Bank
Machala bank

156,80

T/R the purchase the I/# 001-001-0000247

04/DEC

5
80,00

Finished goods inventory

80,00

Cost of goods sold

T/R Costo the return I/# 001-001-0000247

05/DEC

6
435,25

Materials inventory

325
110,25

Direct material
Inventory of materials

52,23

VAT paid

4,35
15,67
186,98

Income tax Withholding 1%

VAT Withholding 30%
Bank

186,98

Machala bank

280,48

Document payable

280,48

Megan fox
T/R purchase of materials
I/# 001-001-000647 Miss MEGAN FOX

06/DEC

7
85,68

Document payable

85,68

Megan fox

76,50

Inventory of materials

52,00
24,5

Direct material
Indirect material

9,18

VAT paid
T/R purchase
I/#001-001-000647 Miss MEGAN FOX

09/DEC

8
1266,30

Inventory of goods in process

1266,30

Direct material

41,20

Indirect cost of manufacture

Indirect material

41,20
1307,50

Inventory of materials
Direct material
Indirect material

1266,30
41,20

T/R order of business pasifico br

09/DEC

9
2231,10

Inventory of goods in process

Direct material

2231,10
82,40

Indirect cost of manufacture

Indirect material

82,40
2313,50

Inventory of materials
Direct material
Indirect material
T/R order company Atlantico S.A.

2231,10
82,40

12/DEC

10
422,10

Inventory of goods in process

Direct material

422,10
20,60

Indirect cost of manufacture

Indirect material

20,60
442,70

Inventory of materials
Direct material
Indirect material

422,10
20,60

T/R emission of ord. Req. # 059 for the O / P # 025

17-dic

11
1990,00

Indirect cost of manufacture

Electric power bill

1990,00
1990,00

Cash
T/R payment of the return of light makes actual cif

17/DEC

12
655,00

Administrative Expenses
Electric power bill

655,00
655,00

Cash
T/R payment of payroll management light

19/DEC

13
54,00

Indirect cost of manufacture

54,00

Phone

6,48

VAT paid

60,48

Bank
Machala bank

60,48

T/R the return payment factory Phone

19/DEC

14
216,00

Administrative Expenses

216,00

Phone

25,92

VAT paid

241,92

Bank
Machala bank

241,92

p / r of the return payment factory Phone

28/DEC

15
Cash

Income tax payable 1%

3785,10
34,10
3410,00
409,20

Sale
VAT charged
T/R sale I/# 001-001-0000248 CIA Europe S.A.

28/DEC

16
Cost of goods sold
Inventory of Finished good
T/R sale I/# 001-001-0000248 CIA Europe sa

29/DEC

17

1240,00
1240,00

5116,88

Salary
Unified basic remuneration
Overtime
Extraordinary hours

5010
35,66
71,22
483,53

Iess payable
Employers contribution 9.45%

483,53
4633,35

Bank
Machala bank

4633,35

T/R payment of production

29-dic

18
Salary

1953,22

Thirteent salary

426,40

fourteenth salary

265,50

Reserve fund

426,40

holidays

213,22

employer contribution

621,70

social benefits payable

905,12

THIRTEENTH loose

426,40

Fourteenth salary

265,50

Holidays

213,22

Iess payable
Employer contribution

621,70
621,70

Bank
Machala bank

426,40
426,40

T/R social benefits payable

BALANCE

MANAGER

538882,36

538882,36

ACCOUNTANT

ACCOUNTING JOURNAL:
In which operation performed by a busines daily are recorded.
Following the principal accounting and in a chronological order
the transaction recorded in this book are know as entries