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    Exercise 6

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    dumpanonymously
    This document shows the trial balance of Capistrano Accounting Service as of May 28. It lists beginning balances and current transactions for various accounts including cash, accounts receivable, office equipment, and expenses. The total debits equal the total credits, balancing the trial balance.

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

    Exercise 6

    Uploaded by

    dumpanonymously
    11 views4 pages
    This document shows the trial balance of Capistrano Accounting Service as of May 28. It lists beginning balances and current transactions for various accounts including cash, accounts receivable, office equipment, and expenses. The total debits equal the total credits, balancing the trial balance.

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    © © All Rights Reserved

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    XLSX, PDF, TXT or read online from Scribd

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    This document shows the trial balance of Capistrano Accounting Service as of May 28. It lists beginning balances and current transactions for various accounts including cash, accounts receivable, office equipment, and expenses. The total debits equal the total credits, balancing the trial balance.

    Copyright:

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

    Exercise 6

    Uploaded by

    dumpanonymously
    This document shows the trial balance of Capistrano Accounting Service as of May 28. It lists beginning balances and current transactions for various accounts including cash, accounts receivable, office equipment, and expenses. The total debits equal the total credits, balancing the trial balance.

    Copyright:

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

    110 Cash 5,000

    120 Accounts Receivable 7,000


    130 Office Supplies 10,000
    140 Office Condominium 120,000
    150 Office Equipment 70,000
    160 Accounting Library 300,000
    210 Notes Payable 65,000
    220 Accounts Payable 25,000
    310 Capistrano, Capital 422,000
    320 Capistrano, Withdrawals
    410 Accounting Revenues
    510 Salaries Expense
    520 Rent Expense
    530 Telephone Expense
    540 Professional Dues Expense
    May 2 Cash 92,500
    Capistrano, Capital 92,500
    3 Office Equipment 36,800
    Accounts Payable 36,800
    4 Office Supplies 17,100
    Accounts Payable 17,100
    6 Accounts Receivable 29,200
    Accounting Revenues 29,200
    7 Accounting Library 19,500
    Cash 19,500
    8 Accounts Payable 4,100
    Cash 4,100
    10 Office Condominium 265,000
    Cash 38,000
    Notes Payable 227,000
    12 Salaries Expense 14,200
    Cash 14,200
    13 Cash 9,750
    Accounts Receivable 9,750
    16 Telephone Expense 650
    Cash 650
    19 Cash 14,600
    Accounting Revenues 14,600
    22 Office Supplies 4,650
    Accounts Payable 4,650
    23 Capistrano, Withdrawals 8,150
    Cash 8,150
    25 Salaries Expense 10,300
    Cash 10,300
    26 Accounts Receivable 31,600
    Accounting Revenues 31,600
    27 Professional Dues Expense 5,500
    Cash 5,500
    28 Rent Expense 3,250
    Cash 3,250
    Capistrano Accounting Service

    Beginning Balances Current Transactions


    Account No. Particulars Debit Credit Debit
    110 Cash ₱ 5,000.00 ₱ 116,850.00
    120 Accounts Receivable ₱ 7,000.00 ₱ 60,800.00
    130 Office Supplies ₱ 10,000.00 ₱ 21,750.00
    140 Office Condominium ₱ 120,000.00 ₱ 265,000.00
    150 Office Equipment ₱ 70,000.00 ₱ 36,800.00
    160 Accounting Library ₱ 300,000.00 ₱ 19,500.00
    210 Notes Payable ₱ 65,000.00 ₱ -
    220 Accounts Payable ₱ 25,000.00 ₱ 4,100.00
    310 Capistrano, Capital ₱ 422,000.00 ₱ -
    320 Capistrano, Withdrawals ₱ 8,150.00
    410 Accounting Revenues ₱ -
    510 Salaries Expense ₱ 24,500.00
    520 Rent Expense ₱ 3,250.00
    530 Telephone Expense ₱ 650.00
    540 Professional Dues Expense ₱ 5,500.00
    Total ₱ 512,000.00 ₱ 512,000.00 ₱ 566,850.00
    strano Accounting Service

    Current Transactions Total Balance Trial Balance


    Credit Debit Credit Debit Credit
    ₱ 103,650.00 ₱ 121,850.00 ₱ 103,650.00 ₱ 18,200.00
    ₱ 9,750.00 ₱ 67,800.00 ₱ 9,750.00 ₱ 58,050.00
    ₱ - ₱ 31,750.00 ₱ - ₱ 31,750.00
    ₱ - ₱ 385,000.00 ₱ - ₱ 385,000.00
    ₱ - ₱ 106,800.00 ₱ - ₱ 106,800.00
    ₱ - ₱ 319,500.00 ₱ - ₱ 319,500.00
    ₱ 227,000.00 ₱ - ₱ 292,000.00 ₱ 292,000.00
    ₱ 58,550.00 ₱ 4,100.00 ₱ 83,550.00 ₱ 79,450.00
    ₱ 92,500.00 ₱ - ₱ 514,500.00 ₱ 514,500.00
    ₱ - ₱ 8,150.00 ₱ - ₱ 8,150.00
    ₱ 75,400.00 ₱ - ₱ 75,400.00 ₱ 75,400.00
    ₱ - ₱ 24,500.00 ₱ - ₱ 24,500.00
    ₱ - ₱ 3,250.00 ₱ - ₱ 3,250.00
    ₱ - ₱ 650.00 ₱ - ₱ 650.00
    ₱ - ₱ 5,500.00 ₱ - ₱ 5,500.00
    ₱ 566,850.00 ₱ 1,078,850.00 ₱ 1,078,850.00 ₱ 961,350.00 ₱ 961,350.00

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