General Ledger Sample 2i2i5n

M. SANTOS General Ledger s December 31, 2011 Amounts in Philippine Pesos GENERAL LEDGER Name: CASH Number: 001 Date 1/1/2011 12/01/11 12/05/11 12/10/11 12/12/11 12/24/11 12/27/11 12/27/11 12/29/11 12/29/11 12/29/11 12/30/11

Explanation Beg. Balance see GJ #1 see GJ #3 see GJ #4 see GJ #5 see GJ #6 see GJ #8 see GJ#9 see GJ #10 see GJ #11 see GJ #13 see GJ #14

Ref GJ1 GJ3 GJ4 GJ5 GJ6 GJ8 GJ9 GJ10 GJ11 GJ13 GJ14

Debit

Credit

250,000 50,000 20,000 100,000 5,000 100,000 5,000 20,000 4,000 25,000 50,000

Balance 250,000 200,000 180,000 280,000 285,000 185,000 180,000 160,000 164,000 139,000 189,000

GENERAL LEDGER Name: S RECEIVABLE Number: 002 Date 1/1/2011 12/24/11 12/29/11

Explanation Beg. Balance see GJ #7 see GJ #11

Ref GJ7 GJ11

Debit

Credit

4,000 4,000

Balance 4,000 -

GENERAL LEDGER Name: COMPUTER SUPPLIES (Unused) Number: 003 Date 1/1/2011 12/05/11 12/29/11

Explanation Beg. Balance see GJ #3 see GJ #12

Ref GJ3 GJ12

Debit

Credit

50,000 3,000

Balance 50,000 47,000

GENERAL LEDGER Name: COMPUTER EQUIPMENT Number: 004 Date 1/1/2011 12/04/11

Explanation Beg. Balance see GJ #2

Ref GJ2

Debit 100,000

Credit

Balance 100,000

GENERAL LEDGER Name: S PAYABLE Number: 201 Date 1/1/2011 12/04/11 12/27/11

Explanation Beg. Balance see GJ #2 see GJ #8

Ref GJ2 GJ8

Debit

Credit 100,000

100,000

Balance (100,000) -

GENERAL LEDGER Name: LOANS PAYABLE Number: 202 Date 1/1/2011 12/12/11

Explanation Beg. Balance see GJ#5

Ref

Debit

GJ5

Credit 100,000

Balance (100,000)

GENERAL LEDGER Name: M. SANTOS CAPITAL Number: 301 Date 1/1/2011 12/01/11 12/30/11

Explanation Beg. Balance see GJ #1 see GJ #14

Ref

Debit

GJ1 GJ14

Credit 250,000 50,000

Balance (250,000) (300,000)

GENERAL LEDGER Name: M. SANTOS DRAWING Number: 302 Date 1/1/2011 12/29/11

Explanation Beg. Balance see GJ #13

Ref GJ13

Debit

Credit

Balance 25,000

Credit 5,000

Balance (5,000)

25,000

GENERAL LEDGER Name: INTERNET SERVICE INCOME Number: 401 Date 12/24/11

Explanation see GJ#6

Ref GJ6

Debit

GENERAL LEDGER Name: PRINTING SERVICE INCOME Number: 402 Date 12/24/11

Explanation see GJ #7

Ref GJ7

Debit

Credit 4,000

Balance (4,000)

Credit

Balance 20,000

Credit

Balance 5,000

Credit

Balance 3,000

Credit

Balance 20,000

GENERAL LEDGER Name: SALARIES AND WAGES Number: 501 Date 12/29/11

Explanation see GJ #10

Ref GJ10

Debit 20,000

GENERAL LEDGER Name: RENTAL EXPENSE Number: 502 Date 12/27/11

Explanation see GJ9

Ref GJ9

Debit 5,000

GENERAL LEDGER Name: COMPUTER SUPPLIES EXPENSE Number: 503 Date 12/29/11

Explanation see GJ #12

Ref GJ12

Debit 3,000

GENERAL LEDGER Name: TAXES AND LICENSES Number: 504 Date 12/10/11

Explanation see GJ #4

Ref GJ4

Debit 20,000

Sample General Ledger s posting from the article How to Post Journal Entries to the General Ledger http://businesstips.ph/how-to-post-journal-entries-to-the-general-ledger http://businesstips.ph