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    Ledger 2

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    Hellarica Anabieza
    This document contains accounting journal entries for various cash accounts for a business between May 1-31. It records cash receipts from consulting revenues, loans, and client payments as well as cash payments for rent, supplies, vehicle purchase, salaries and other expenses. The document shows opening and closing balances for accounts such as cash, accounts receivable, supplies, prepaid expenses, vehicle, payables and capital/owner's equity.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Ledger 2

    Uploaded by

    Hellarica Anabieza
    30 views4 pages
    This document contains accounting journal entries for various cash accounts for a business between May 1-31. It records cash receipts from consulting revenues, loans, and client payments as well as cash payments for rent, supplies, vehicle purchase, salaries and other expenses. The document shows opening and closing balances for accounts such as cash, accounts receivable, supplies, prepaid expenses, vehicle, payables and capital/owner's equity.

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    LEDGER-2

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    This document contains accounting journal entries for various cash accounts for a business between May 1-31. It records cash receipts from consulting revenues, loans, and client payments as well as cash payments for rent, supplies, vehicle purchase, salaries and other expenses. The document shows opening and closing balances for accounts such as cash, accounts receivable, supplies, prepaid expenses, vehicle, payables and capital/owner's equity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    30 views4 pages

    Ledger 2

    Uploaded by

    Hellarica Anabieza
    This document contains accounting journal entries for various cash accounts for a business between May 1-31. It records cash receipts from consulting revenues, loans, and client payments as well as cash payments for rent, supplies, vehicle purchase, salaries and other expenses. The document shows opening and closing balances for accounts such as cash, accounts receivable, supplies, prepaid expenses, vehicle, payables and capital/owner's equity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    ACCOUNT NAME: CASH ACCOUNT # : 110

    DATE ITEMS PR DR CR
    1-May INITIAL INVESTMENT OF THE OWNER GJ-1 ₱ 250,000.00
    PAYMENT FOR RENT GJ-1 ₱ 8,000.00
    2 LOAN FROM METROBANK GJ-1 210,000
    4 PAYMENT FOR PURCHASED VEHICLE GJ-1 420,000
    PAYMENT FOR INSURANCE GJ-1 14,400
    5 PAYMENT FOR PURCHASED EQUIPMENT GJ-1 15,000
    9 PAYMENT TO SAN JOSE MDSE GJ-1 10,000
    10 INCOME GJ-1 26,400
    13 PAYMENT FOR SALARIES GJ-2 6,600
    15 PAYMENT RECEIVED ON REFERRALS GJ-2 10,000
    25 OWNER'S WITHDRAWAL GJ-2 14,000
    27 PAYMENT FOR SALARIES GJ-2 7,200
    30 CLIENT'S PAYMENT GJ-2 24,000
    31 PAYMENT FOR ELECTRICITY GJ-2 3,000
    TOTAL ₱ 520,400.00 ₱ 498,200.00
    BALANCE ₱ 22,200.00

    ACCOUNT NAME: ACCOUNTS RECEIVABLE ACCOUNT # : 120


    DATE ITEMS PR DR CR
    19-May INCOME GJ-2 ₱ 36,000.00
    30 CLIENTS PAYMENT GJ-2 ₱ 24,000.00
    TOTAL 36,200 24,000
    BALANCE ₱ 12,000.00

    ACCOUNT NAME: SUPPLIES ACCOUNT # : 130


    DATE ITEMS PR DR CR
    8-May GJ-1 18,000
    TOTAL 18,000
    BALANCE ₱ 18,000.00

    ACCOUNT NAME: PREPAID RENT ACCOUNT # : 140


    DATE ITEMS PR DR CR
    1-May GJ-1 ₱ 8,000.00
    TOTAL 8,000
    BALANCE ₱ 8,000.00

    ACCOUNT NAME: PREPAID INSURANCE ACCOUNT # : 150


    DATE ITEMS PR DR CR
    4-May GJ-1 ₱ 14,400.00
    TOTAL 14,400
    BALANCE ₱ 14,400.00

    ACCOUNT NAME: SERVICE VEHICLE ACCOUNT # : 160


    DATE ITEMS PR DR CR
    4-May GJ-1 ₱ 420,000.00
    TOTAL 420,000
    BALANCE ₱ 420,000.00

    ACCOUNT NAME: ACCUMULATED DEPRECIATION-SERVICE VEHICLE ACCOUNT # : 165


    DATE ITEMS PR DR CR

    ACCOUNT NAME: ACCUMULATED DEPRECIATION-OFFICE EQUIPMENT ACCOUNT # : 170


    DATE ITEMS PR DR CR
    5-May GJ-1 ₱ 60,000.00
    TOTAL 60,000
    BALANCE ₱ 60,000.00

    ACCOUNT NAME: ACCUMULATED DEPRECIATION-OFFICE EQUIOPMENT ACCOUNT # : 1


    DATE ITEMS PR DR CR

    ACCOUNT NAME: NOTES PAYABLE ACCOUNT # : 210


    DATE ITEMS PR DR CR
    2-May GJ-1 ₱ 210,000.00
    TOTAL 210,000
    BALANCE ₱ 210,000.00

    ACCOUNT NAME: ACCOUNTS PAYABLE ACCOUNT # : 220


    DATE ITEMS PR DR CR
    5-May GJ-1 ₱ 45,000.00
    8 GJ-1 18,000
    9 GJ-1 ₱ 10,000.00
    TOTAL 10,000 63,000
    BALANCE ₱ 53,000.00

    ACCOUNT NAME: SALARIES PAYABLE ACCOUNT # : 230


    DATE ITEMS PR DR CR

    ACCOUNT NAME: UTILITIES PAYABLE ACCOUNT # : 240


    DATE ITEMS PR DR CR
    30-May GJ-2 ₱ 1,400.00
    TOTAL 1,400
    BALANCE ₱ 1,400.00

    ACCOUNT NAME: INTEREST PAYABLE ACCOUNT # : 250


    DATE ITEMS PR DR CR

    ACCOUNT NAME: UNEARNED REFERAL REVENUES ACCOUNT # : 260


    DATE ITEMS PR DR CR
    ACCOUNT NAME: GEVERA CAPITAL ACCOUNT # : 310
    DATE ITEMS PR DR CR
    1-May GJ-1 ₱ 250,000.00
    TOTAL 250,000
    BALANCE ₱ 250,000.00

    ACCOUNT NAME: GEVERA DRAWING ACCOUNT # : 320


    DATE ITEMS PR DR CR
    25-May GJ-2 ₱ 14,000.00
    TOTAL 14,000
    BALANCE ₱ 14,000.00

    ACCOUNT NAME: INCOME SUMMARY ACCOUNT # : 330


    DATE ITEMS PR DR CR

    ACCOUNT NAME: CONSULTING REVENUES ACCOUNT # : 410


    DATE ITEMS PR DR CR
    10-May GJ-1 ₱ 26,400.00
    18-Jan GJ-2 36,000
    TOTAL 62,400
    BALANCE ₱ 62,400.00

    ACCOUNT NAME: REFERAL REVENUES ACCOUNT # : 420


    DATE ITEMS PR DR CR
    15-May GJ-2 ₱ 10,000.00
    TOTAL 10,000
    BALANCE ₱ 10,000.00

    ACCOUNT NAME: SALARIES EXPENSE ACCOUNT # : 510


    DATE ITEMS PR DR CR
    13-May GJ-2 ₱ 6,600.00
    27 GJ-2 7,200
    TOTAL 13,800
    BALANCE ₱ 13,800.00

    ACCOUNT NAME: SUPPLIES EXPENSE ACCOUNT # : 520


    DATE ITEMS PR DR CR

    ACCOUNT NAME: RENT EXPENSE ACCOUNT # : 530


    DATE ITEMS PR DR CR

    ACCOUNT NAME: INSURANCE EXPENSE ACCOUNT # : 540


    DATE ITEMS PR DR CR
    ACCOUNT NAME: UTILITIES EXPENSE ACCOUNT # : 550
    DATE ITEMS PR DR CR
    30-May GJ-2 ₱ 1,400.00
    31 GJ-2 3,000
    TOTAL 4,400
    BALANCE ₱ 4,400.00

    ACCOUNT NAME: UTILITIES EXPENSE ACCOUNT # : 550


    DATE ITEMS PR DR CR

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