CREDIT

ACCOUNTS
CHARGE PAYABLE
DATE INVOICE CUSTOMER NAME PR
DATE

2007 90000
3 2-Jan T. Arenas Company
JUNE
11 10-Jan L. Viray Company 120000
17 14-Jan E. Samonte Company 190000
25 24-Jan A. Braganza Company 340000
28 27-Jan L. Viray Company 270000
30 29-Jan T. Arenas Company 360000
TOTAL 1370000

DEBITS
DATE OR # DESCRIPTIONS CASH SALES
DISCOUNT
2007 4 Collection – R. Loyola 205800 4200
JUNE
5 Sales on cash 430000
10 Collection – B. Bandonell 235200 4800
22 Collection – M. Cerda 127400 2600
25 Collection – G. Sevidal 280000
27 Loan received 170000
30 Sales on cash 1310000
TOTAL 2758400 11600

CREDITS
DATE CHECK # DESCRIPTIONS CASH PURCHASES
DISCOUNT
2007 7 83 126100 3900
Payment – E. Samonte Company
JUNE
11 84 Payment – T. Arenas Company 77600 2400
12 85 Purchases on cash 70000
14 86 Payment of interest 10000
15 87 Payment of salaries 80000
19 88 Withdrawal of owner 100000
21 89 Purchase of supplies 40000
22 90 Payment on freight charges 20000
26 91 Payment – E. Samonte Company 90000
 613700 6300

DEBIT
SALES
INVOICE
# ACCOUNTS
DATE CUSTOMER NAME PR
RECEIVABLE

2010 2 316 240000

B. Bandonell
JUNE
8 317 G. Sevidal 310000
13 318 M. Cerda 130000
18 319 R. Loyola 460000
23 320 B. Bandonell 110000
29 321 M. Cerda 170000
TOTAL 1420000
 DEBIT

PURCHASES

90000

120000
190000
340000
270000
360000
1370000

CREDITS
ACCOUNTS SALES OTHER ACCOUNTS
RECEIVABLE ACCOUNT TITLE PR AMOUNT
210000

430000
240000
130000
280000
Notes Payable 170000
1310000
860000 1740000 170000

DEBITS
ACCOUNTS PURCHASES OTHER ACCOUNTS
PAYABLE ACCOUNT TITLE PR AMOUNT
130000

80000
Purchases 70000
Interest Expense 10000
Salaries Expense 80000
Pangan, Withdrawals 100000
Office Supplies 40000
Transportation In 20000
90000
 300000 320000
620000 620000

CREDIT

SALES

240000

310000
130000
460000
110000
170000
1420000