Scribd Logo
Upload

Welcome to Scribd!

  • 3K views

    Sample Excel

    Uploaded by

    hmmmmn
    Henry Labasan Photography Service recorded various business transactions from October 1-31, 2013 which included: 1) Investments by the owner totaling PHP 479,000 for capital and equipment purchases. 2) Payment of prepaid rent, acquisition of office equipment, supplies, and utilities. 3) Receipt of advance payments totaling PHP 12,900 for photography services. 4) Billing and collection of PHP 22,500 in service revenue. 5) Payment of PHP 12,000 in salaries and PHP 5,700 in other business expenses.

    Copyright:

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

    Sample Excel

    Uploaded by

    hmmmmn
    3K views9 pages
    Henry Labasan Photography Service recorded various business transactions from October 1-31, 2013 which included: 1) Investments by the owner totaling PHP 479,000 for capital and equipment purchases. 2) Payment of prepaid rent, acquisition of office equipment, supplies, and utilities. 3) Receipt of advance payments totaling PHP 12,900 for photography services. 4) Billing and collection of PHP 22,500 in service revenue. 5) Payment of PHP 12,000 in salaries and PHP 5,700 in other business expenses.

    Original Description:

    general journal, worksheet, trial balance

    Original Title

    Sample excel

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Henry Labasan Photography Service recorded various business transactions from October 1-31, 2013 which included: 1) Investments by the owner totaling PHP 479,000 for capital and equipment purchases. 2) Payment of prepaid rent, acquisition of office equipment, supplies, and utilities. 3) Receipt of advance payments totaling PHP 12,900 for photography services. 4) Billing and collection of PHP 22,500 in service revenue. 5) Payment of PHP 12,000 in salaries and PHP 5,700 in other business expenses.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    3K views9 pages

    Sample Excel

    Uploaded by

    hmmmmn
    Henry Labasan Photography Service recorded various business transactions from October 1-31, 2013 which included: 1) Investments by the owner totaling PHP 479,000 for capital and equipment purchases. 2) Payment of prepaid rent, acquisition of office equipment, supplies, and utilities. 3) Receipt of advance payments totaling PHP 12,900 for photography services. 4) Billing and collection of PHP 22,500 in service revenue. 5) Payment of PHP 12,000 in salaries and PHP 5,700 in other business expenses.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 9

    Henry Labasan Photography Service

    General Journal (In Philippine Peso)


    Date Account Titles and Particular
    October 1 Cash
    2013 Labasan, Capital
    To record investment by the owner.

    3 Prepaid rent
    Cash
    To record payment for prepaid rent.

    5 Equipment
    Labasan, Capital
    To record investment from the owner.

    7 *Memo- ordered with the amount of 54,000 for photography equipment.

    8 Office Equipment
    Cash
    To record acquisition of office equipment.

    10 Equipment
    Cash
    To record acquisition of equipment.

    12 Office Supplies
    Accounts Payable
    To record acquisition of office supplies on account.

    13 Cash
    Unearned Service Revenue
    To record advance payment for service.

    17 Accounts Receivable
    Service Revenue
    To record billed revenue.

    19 Accounts Payable
    Cash
    To record payment of office supplies.

    25 Utilities Expense
    Cash
    To record payment of electricity bill.
    26 Telecommunication Expense
    Cash
    To record payment telephone bill.

    28 Cash
    Accounts Receivable
    To record cash received for service rendered.

    29 Salaries Expense
    Cash
    To record payment of salaries.

    30 Cash
    Unearned Service Revenue
    To record advance payment from customers.

    31 Labasan, Drawing
    Cash
    To record withdrawal.
    ice
    so)
    PR Debit Credit
    GJ-1 350,000
    GJ-1 350,000

    GJ-1 40,500
    GJ-1 40,500

    GJ-1 129,000
    GJ-1 129,000

    GJ-1

    GJ-1 54,000
    GJ-1 54,000

    GJ-1 75,000
    GJ-1 75,000

    21,000
    GJ-1 21,000

    GJ-1 11,400
    GJ-1 11,400

    GJ-1 22,500
    GJ-1 22,500

    GJ-2 10,500
    GJ-2 10,500

    GJ-2 3,600
    GJ-2 3,600
    GJ-2 2,100
    GJ-2 2,100

    GJ-2 7,500
    GJ-2 7,500

    GJ-2 12,000
    GJ-2 12,000

    GJ-2 1,500
    GJ-2 1,500

    GJ-2 16,000
    GJ-2 16,000
    Date Voucher 1 Payee Particular Checking
    1-Oct To record investment by the owner. 0
    3-Oct To record payment for prepaid rent. 0
    5-Oct To record investment from the owner. 0
    8-Oct To record acquisition of office equipment. 0
    10-Oct To record acquisition of equipment. 0
    12-Oct To record acquisition of office supplies on account 0
    13-Oct 21,000 To record advance payment for service. 0
    17-Oct To record billed revenue. 0
    19-Oct To record payment of office supplies. 0
    25-Oct To record payment of electricity bill. 0
    26-Oct To record payment telephone bill. 0
    28-Oct To record cash received for service rendered. 0
    29-Oct To record payment of salaries. 0
    30-Oct To record advance payment from customers. 0
    31-Oct To record withdrawal. 0
    TOTAL
    Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accounts Payable
    350,000
    -40,500 40,500
    129,000
    -54,000 54,000
    -75,000 75,000
    21,000 -21,000
    11,400
    22,500
    -10,500 10,500
    -3600
    -2,100
    7,500 -7,500
    -12,000
    1,500
    -16,000
    156,700 15,000 21,000 40,500 258,000 -10,500
    Unearned Service Revenue Labasan, Capital Labasan, Drawing Service Revenue Salaries Expense
    -350,000

    -129,000

    -11,400
    -22,500

    12,000
    -1,500
    16,000
    -12,900 -479,000 16,000 -22,500 12,000
    Telecommunication Expense Utilities Expense

    3,600
    2,100

    2,100 3,600
    Labasan Photography Service
    Trial Balance
    For the month ended October 31, 2013

    Folio no. Account Title Debit Credit


    Cash 156,700
    Accounts Receivable 15,000
    Office Supplies 21,000
    Prepaid Rent 258,000
    Equipment 40,500
    Accounts Payable 10,500
    Unearned Service Revenue 12,900
    Labasan, Capital 479,000
    Labasan, Drawing 16,000
    Service Revenue 22,500
    Salaries Expense 12,000
    Telecommunication Expense 2,100
    Utilities Expense 3,600
    TOTAL 524,900 524,900

    You might also like