Practice Set- Basic ing 3j6h13

Date 2-Jan 3-Jan 4-Jan

TITLE s receivable purchases cash Sales Discount

Ref 120 510 110 430

Debit 240,000.00 90,000.00 205,800.00 4,200.00

5-Jan 7-Jan

Cash s Payable

110 220

430,000.00 130,000.00

8-Jan

receivable

9-Jan

s Payable

10-Jan

Cash Sales Discounts

235,200.00 4,800.00

11-Jan

Purchases

120,000.00

11-Jan

s Payable

80,000.00

12-Jan

Purchases

70,000.00

13-Jan

s Receivable

14-Jan

Interest Expense

10,000.00

15-Jan

Salaries Expense

80,000.00

17-Jan

Purchases

190,000.00

18-Jan

s Receivable

460,000.00

19-Jan

Advances of Officers

100,000.00

20-Jan

Treasury Stock

19,000.00

21-Jan

Office Supplies

40,000.00

22-Jan

Transportation in

20,000.00

22-Jan

Cash

310,000.00 10,000.00

130,000.00

127,400.00

Sales Discount

2,600.00

23-Jan

s Receivable

110,000.00

24-Jan

Sales returns and allowances

25-Jan

Cash

280,000.00

25-Jan

Purchases

340,000.00

26-Jan

s Payable

27-Jan

Cash

170,000.00

28-Jan

Purchases

270,000.00

29-Jan

s Receivable

170,000.00

30-Jan

Purchases

360,000.00

30-Jan

Cash

1,310,000.00

31-Jan

Cash

15,750.00

31-Jan

Rent Expense

15,000.00

30,000.00

90,000.00

Date 2-Jan 3-Jan 4-Jan

TITLE Sales s payable s Receivable

Ref 410 220 120

Credit 240,000.00 90,000.00 210,000.00

5-Jan 7-Jan

sales Cash Purchase Discounts

410

430,000.00 126,100.00 3,900.00

8-Jan

Sales

9-Jan

Purchase Returns and Allowances

10-Jan

s Receivable

240,000.00

11-Jan

s Payable

120,000.00

11-Jan

Cash Purchase Discounts

77,600.00 2,400.00

12-Jan

Cash

70,000.00

13-Jan

sales

130,000.00

Cash

10,000.00

SSS/PHIC Payable Withholding Tax payable cash

5,000.00 1,500.00 73,500.00

310,000.00 10,000.00

s Payable

190,000.00

Sales

460,000.00

Cash

100,000.00

Cash

19,000.00

Cash

40,000.00

Cash

20,000.00

s Receivable

130,000.00

Sales

110,000.00

s Receivable

30,000.00

s Receivable

280,000.00

s Pyable

340,000.00

Cash

90,000.00

Notes Payable

170,000.00

s Payable

270,000.00

Sales

170,000.00

s Payable

360,000.00

Sales

1,310,000.00

Treasury Stock Share - treasury Stock

14,250.00 1,500.00

Withholding Tax payable Cash

750.00 14,250.00

Date

OR. NO. 4-Jan

Particulars 3005 Collection of Cielo Bonita's credit

CASH

DEBITS SALES DISCOUNTS PR 205,800.00 4,200.00

CREDITS

CREDITS S RECEIVABLE TITLES 210,000.00

SUNDRIES PR DR

CR

DATE

INV. NO.

12/28/2012 jan 2, 2013

316 5-Jan

317

PARTICULARS

Sold Merchandise on credit to April Anne Sold Merchandise invoice no. 317



2/10, n/30

DEBITS PR

CASH

430,000.00

S RECEIVABLE 210,000.00 240,000.00

CREDITS SALES 240,000.00 430,000.00

DATE

CV NO.

PARTICULARS

CREDITS CASH

PURCH DISC

PR

DEBITS S PAYABLE

SALARIES

OFFICE SUPPLIES

SUND TRANSPORTATION IN

ADVANCE OF OFFICERS

TITLES

SUNDRIES PR

DR

CR

DATE December 29, 2012

RR NO. 1001

PARTICULARS Purch. Of Merchandise on from Tony Company

3/10,n/10

CREDITS S PAYABLE 130,000.00

DEBITS PURCHASES 130,000.00

SUND TITLES

SUNDRIES PR

DR

CR

DATE

JV NO.

PARTICULARS

PR

DEBITS

CREDITS