CASH

Date Items PR Debit Credit Balance

1-Jun 30000 30000
1 20000
1 35000
1 2024
1 6250
1 1500
5 80000
5 12000
7 33500
9 3000
9 15752
10 25000
12 10000
13 5000
15 4000
15 26000
16 1299
16 8000
17 850
25 2500
25 1000
25 1500
25 120
28 250
30 8000
30 20000
Total 151350 201195
49845
 Accounts Receivable
Date Items PR Debit Credit Balance
1-Jun 98000 98000
5 80000
5 25000
7 20000
8 18000
11 25000
12 10000
13 8000
20 8000
20 7000
23 18000
27 8000
30 5000
Total 330000
 Office Supplies
Date Items PR Debit Credit Balance
1 14652 14652
1 2024
Total 16676
 Viaeros Catalouge and Packages
Date Items PR Debit Credit Balance
1 32000 32000
Total 32000
 Tours and Camp Supplies
Date Items PR Debit Credit Balance
1 20500 20500
Total 20500
 Prepaid Ofice Rent
Date Items PR Debit Credit Balance
1 55200 55200
Total 55200
 Prepaid Insurance
Date Items PR Debit Credit Balance
1 14400 14400
Total 14400
 Office Equipment
Date Items PR Debit Credit Balance
1 102000 102000
Total 102000
 Accumulated Depreciation
Date Items PR Debit Credit Balance
1 12750 12750
Total 12750
 Furnitures & Fixtures
Date Items PR Debit Credit Balance
1 64500 64500
Total 64500
 Accumulated Depreciation
Date Items PR Debit Credit Balance
1 17000 17000
Total 17000
 Transportation Equipment
Date Items PR Debit Credit Balance
1 90000 90000
Total 90000
 Accumulated Depreciation
Date Items PR Debit Credit Balance
1 12750 12750
Total 12750
 Telecommunication Equipment
Date Items PR Debit Credit Balance
1 35000
Total 35000
 Accumulated Depreciation
Date Items PR Debit Credit Balance
 Accounts Payable
Date Items PR Debit Credit Balance
1 37000 37000
13 5000
Total 32000
 Wages Payable
Date Items PR Debit Credit Balance
 SSS,PH,P Funds
Date Items PR Debit Credit Balance
9 9152
Total 9152
 Withholding tax
Date Items PR Debit Credit Balance
9 6600
Total 6600
 Advance from Clients
Date Items PR Debit Credit Balance
1 67000
7 15000
12 15000
13 7000
20 12000
20 13000
23 17000
27 7000
30 7000
Total 93000
 Utilities Payable
Date Items PR Debit Credit Balance
1 Balance 6250
3 6250
Total
 Interest Payable
Date Items PR Debit Credit Balance
 Notes Payable
Date Items PR Debit Credit Balance
1 200000
Total
 L. Valdez, Capital
Date Items PR Debit Credit Balance
1 152750
1 20000
Total 172750
 L. Valdez, Drawing
Date Items PR Debit Credit Balance
10 25000
Total 25000
 Income Sumamry
Date Items PR Debit Credit Balance
 Service Revenue
Date Items PR Debit Credit Balance
5 45000
7 35000
11 25000
12 25000
12 10000
13 15000
20 20000
20 20000
27 15000
30 8000
30 20000
30 12000
Total 250000
 Commission Revenue
Date Items PR Debit Credit Balance
5 12000
7 33500
15 4000
25 2500
25 1000
25 1500
Total 54500
 Wages Expense
Date Items PR Debit Credit Balance
15 26000
30 29600
Total 55600
 Rent Expense
Date Items PR Debit Credit Balance
 Insurance Expense
Date Items PR Debit Credit Balance
 Supplies Expense
Date Items PR Debit Credit Balance
 Advertising Expense
Date Items PR Debit Credit Balance
 Depreciation
Date Items PR Debit Credit Balance
 Depreciation
Date Items PR Debit Credit Balance
 Depreciation
Date Items PR Debit Credit Balance
 Depreciation
Date Items PR Debit Credit Balance
 Utilities Expense
Date Items PR Debit Credit Balance
20 1800
 SSS, PH, P Contrib
Date Items PR Debit Credit Balance
 Representation Expense
Date Items PR Debit Credit Balance
16 1299
Total 1299
 Gasoline & oil
Date Items PR Debit Credit Balance
4 1500
28 250
Total 1750
 Interest and Expense
Date Items PR Debit Credit Balance
 Miscellaneous Expense
Date Items PR Debit Credit Balance
25 120 120
Total 120
Date Description P/R Debit Credit
1-Jun Cash 20000
L. Valdez, Capital 20000
OR# 3003

1 Telecommunication 35000
Cash 35000
CV#6341 C#23549

1 Office Supplies 2024

Cash 2024
CV#6342 C#23550

3 Utilities Payable 6250

Cash 6250
CV#6343 C#23551

4 Gasoline and Oil 1500

Cash 1500
CV#6344 C#23552

5 Accounts Receivale 80000

Cash 80000
CV# 3004,3005;C# 21211,512346

5 Accounts Receivable 25000

Advance from Clients 20000
Service Revenue 45000
IV# 058

5 Cash 12000
Commission Revenue 12000
OR#3006,3007,3008
 7 Accounts Receivable 20000
Advances from Clients 15000
Service Revenue 35000
IV#059

7 Cash 33500
Commission Revenue 33500
OR# 3009,3010,3011

8 Accounts Receivable 18000

Service from Clients 18000
OR#3012 C#1232

9 Adertisement Expense 3000

Cash 3000
CV#6345 C23353

9 SSS,PhilHealth,Pagibig 9152
Withdrawal tax 6600
Cash 15752

10 L. Valdez, Drawing 25000

Cash 25000
C# 23558

11 Accounts Receivable 25000

Service Revenue 25000
IV# 058

12 Accounts Receivable 10000

Advances from Clients 15000
 Service Revenue 25000
IV#060

12 Cash 10000
Service Revenue 10000

13 Accounts Receivable 8000

Advances from Clients 7000
Service Revenue 15000
062 3024

13 Accounts Payable 5000

Cash 5000
23359

15 Cash 4000
Commission Revenue 4000
OR#3016

15 Wages Expense 26000

Cash 26000
C23563 6352

16 Representation Expense 1299

Cash 1299
OR#3017

16 Cash 8000
Commission Revenue 8000
OR# 3017

17 Cash 850
 Repair & Maintenance Expense 850
23562

20 Accounts Receivable 8000

Advances from Clients 12000
Service Revenue 20000
OR# 3018

20 Accounts Receivable 7000

Advances from Clients 13000
Service Revenue 20000
OR# 3019

20 Utilities Expense 1800

Utilities Payable 1800

23 Accounts Receivable 18000

Advances from Clients 17000
Serice Revenue 35000
IV# 061

25 Cash 2500
Commission Revenue 2500
3021

25 Cash 1000
Commission Revenue 1000
3022

25 Cash 1500
Commission Revenue 1500
3023
25 Miscellaneous Expense 120
Cash 120

27 Accounts Receivable 8000

Advances from Clients 7000
Service Revenue 15000

28 Gasoline and Oil 250

Cash 250
9245

30 Cash 8000
Service Revenue 8000

30 Cash 20000
Service Revenue 20000

30 Accounts Receivable 5000

Advances from Clients 7000
Service Revenue 12000

30 Wages Expense 29600

Cash 29600

TOTAL 618945 618945

ACCOUNTSTRIAL BALANCE ADJUSTMENTS ADJUSTED TRIAL BALANCE
Debit Credit Debit Credit Debit Credit
Cash 49845
Accounts Receivable 330000
Office Supplies 16676
Viajeros Catalouge & Packages 32000
Tours and Camp Supplies 20500
Prepaid Office Rent 55200
Prepaid Insurance 14400
Office Equipment 102000
Accumulated Depraciation 12750
Furniture & Fixture 64500
Accumulated Depreciation 17000
Transportation Equipment 90000
Accumulated Depraciation 12750
Telecommunication Equipment 35000
Accumulated Depreciation
Accounts Payable - Blims Furniture 32000
Advance From Clients 93000
Wages Payable
SSS, Philhealth, Pagibig 9152
Withholding tax payables 6600
Utuilities Payable 6250
Interest Payable
Notes Payable 200000
L. Valdez Capital 172750
L. Valdez, Drawing 25000
Income Summary
Service Revenue 250000
Commission Revenue 54500
Wages Expense 55600
Rent Expense
Insurance Expense
Supplies Expense
Advertising Expense
Dep. Expense - Office Equipment
Dep. Expense - Furniture & Fixtures
Dep. Expense - Transpo Equipment
Dep. Expense - Telecom Equipment
Utilities Expense 1800
Repair & Maintenance Expense
SSS, Philhealth, Pagibig Contrib
Representation Expense 1299
Gasoline & Oil 1750
Interest Expense
Miscellaneous Expense 120
TOTAL 960847 801595
INCOME STATEMENT BALANCE STATEMENT
Debit Credit Debit Credit