Sie sind auf Seite 1von 22

Transaction Date Account Titles Increase (I) or Decrease (D)

2017
1-Jan Cash I
Office Equipment I
Pearly Bables, Capital I
Prepaid Rent I
Cash D
4-Jan Office Equipment I
Account Payable I
6-Jan Office Supplies I
Cash D
8-Jan Cash I
Fees Earned I
12-Jan Pearly Bables, Withdrawals I
Cash D
14-Jan Accounts Receivable I
Fees Earned I
16-Jan Salaries Expense I
Cash D
18-Jan Advertising Expense I
Accounts Payable I
31-Jan Office Supplies Expense I
Office Supplies D
Rent Expense I
Prepaid Rent D
Depreciation Expense, Office Equipment I
Accumulated depreciation I
Salaries Expense I
Salaries Payable I
Debit (Dr.) or Credit (Cr.) Amount

Dr. ₱ 120,000.00
Dr. 10,000.00
Cr. 130,000.00
Dr. 30,000.00
Cr. 30,000.00
Dr. 5,000.00
Cr. 5,000.00
Dr. 4,000.00
Cr. 4,000.00
Dr. 40,000.00
Cr. 40,000.00
Dr. 2,000.00
Cr. 2,000.00
Dr. 10,000.00
Cr. 10,000.00
Dr. 6,000.00
Cr. 6,000.00
Dr. 7,000.00
Cr. 7,000.00
Dr. 3,400.00
Cr. 3,400.00
Dr. 10,000.00
Cr. 10,000.00
Dr. 2,000.00
Cr. 2,000.00
Dr. 5,000.00
Cr. 5,000.00
Date Particulars PR Dr Cr
2017
1-Jan Cash ₱ 120,000.00
Office Equipment 10,000.00
Pearly Bables, Capital ₱ 130,000.00
to record the cash and equipment investment

Prepaid Rent 30,000.00


Cash 30,000.00
to record the advance payment for rent

4 Office Equipment 5,000.00


Account Payable 5,000.00
to record the purchased equipment on account

6 Office Supplies 4,000.00


Cash 4,000.00
to record the purchased supplies

8 Cash 40,000.00
Fees Earned 40,000.00
to record the service rendered

12 Pearly Bables, Withdrawals 2,000.00


Cash 2,000.00
to record the drawing of the owner

14 Accounts Receivable 10,000.00


Fees Earned 10,000.00
to record the receivables to clients

16 Salaries Expense 6,000.00


Cash 6,000.00
to record the salary

18 Advertising Expense 7,000.00


Accounts Payable 7,000.00
to record the advertising payable

31 Office Supplies Expense 3,400.00


Office Supplies 3,400.00
to record the adjustments on supplies

Rent Expense 10,000.00


Prepaid Rent 10,000.00
to record the adjustments on rent
Depreciation Expense, Office Equipment 2,000.00
Accumulated Depreciation, Office Equipment 2,000.00
to record the depreciation of equipment

Salaries Expense 5,000.00


Salaries Payable 5,000.00
to record the accrued salaries
Account Title : Cash Account Number: 111
Date Particulars Pr Dr Cr
2017
1-Jan Cash investment of Pearly Bables ₱ 120,000.00
Advance payment for rent ₱ 30,000.00
6 Purchased supplies 4,000.00
8 Service rendered 40,000.00
12 Drawing of the owner 2,000.00
16 Salaries Expense 6,000.00

Account Title : Accounts Receivable Account Number: 112


Date Particulars Pr Dr Cr
2017
14-Jan Receivables to clients ₱ 10,000.00

Account Title : Prepaid Rent Account Number: 114


Date Particulars Pr Dr Cr
2017
1-Jan Advance payment for rent ₱ 30,000.00
31 Adjustments on rent ₱ 10,000.00

Account Title : Office Supplies Account Number: 115


Date Particulars Pr Dr Cr
2017
6-Jan Purchased supplies ₱ 4,000.00
31 Adjustments on supplies ₱ 3,400.00

Account Title : Office Equipment Account Number: 121


Date Particulars Pr Dr Cr
2017
1-Jan Equipment Investment ₱ 10,000.00
4 Purchased equipment on account 5,000.00

Account Title : Accumulated Depreciation, Office Equipment Account Number: 122


Date Particulars Pr Dr Cr
2017
31-Jan Depreciation of equipment ₱ 2,000.00
Income Summary ₱ 2,000.00

Account Title : Accounts Payable Account Number: 211


Date Particulars Pr Dr Cr
2017
4-Jan Purchased equipment on account ₱ 5,000.00
18 Advertising payable 7,000.00

Account Title : Salaries Payable Account Number: 212


Date Particulars Pr Dr Cr
2017
31-Jan Accrued salaries ₱ 5,000.00
Account Title : Pearly Bables, Capital Account Number: 311
Date Particulars Pr Dr Cr
2017
1-Jan Cash and equipment investment ₱ 130,000.00
Withdrawals of the owner ₱ 2,000.00
Income Summary 16600.00

Account Title : Pearly Bables, Withdrawals Account Number: 312


Date Particulars Pr Dr Cr
2017
12-Jan Drawing of the owner ₱ 2,000.00
Pearly Bables, Capital ₱ 2,000.00

Account Title : Fees Earned Account Number: 411


Date Particulars Pr Dr Cr
2017
8-Jan Service rendered ₱ 40,000.00
14 Receivables to clients 10,000.00
Income Summary 50000

Account Title : Salaries Expense Account Number: 511


Date Particulars Pr Dr Cr
2017
16-Jan Paid the salary ₱ 6,000.00
31 Accrued salaries 5,000.00
Income Summary ₱ 11,000.00

Account Title : Advertising Expense Account Number: 512


Date Particulars Pr Dr Cr
2017
18-Jan Advertising payable ₱ 7,000.00
Income Summary ₱ 7,000.00

Account Title : Rent Expense Account Number: 513


Date Particulars Pr Dr Cr
2017
31-Jan Adjustments on rent ₱ 10,000.00
Income Summary ₱ 10,000.00

Account Title : Office Supplies Expense Account Number: 514


Date Particulars Pr Dr Cr
2017
31-Jan Adjustments on supplies ₱ 3,400.00
Income Summary ₱ 3,400.00

Account Title : Depreciation Expense, Office Equipment Account Number: 515


Date Particulars Pr Dr Cr
2017
31-Jan Depreciation of equipment ₱ 2,000.00
Income Summary ₱ 2,000.00
Account Title : Income Summary Account Number: 515
Date Particulars Pr Dr Cr
2017
31-Jan Fees Earned 50000.00
Salaries Expense 11000.00
Advertising Expense 7000.00
Rent Expense 10000.00
Office Supplies Expense 3400.00
Depreciation Expense, Office Equipment 2000.00
Withdrawals
Account Number: 111
Balance

₱ 120,000.00
90000.00
86000.00
126000.00
124000.00
₱ 118,000.00

Account Number: 112


Balance

₱ 10,000.00

Account Number: 114


Balance

₱ 30,000.00
₱ 20,000.00

Account Number: 115


Balance

₱ 4,000.00
₱ 600.00

Account Number: 121


Balance

₱ 10,000.00
₱ 15,000.00

Account Number: 122


Balance

₱ 2,000.00
₱ -

Account Number: 211


Balance

₱ 5,000.00
₱ 12,000.00

Account Number: 212


Balance

₱ 5,000.00
Account Number: 311
Balance

₱ 130,000.00
₱ 128,000.00
₱ 144,600.00

Account Number: 312


Balance

₱ 2,000.00
0

Account Number: 411


Balance

₱ 40,000.00
₱ 50,000.00
₱ -

Account Number: 511


Balance

₱ 6,000.00
₱ 11,000.00
₱ -

Account Number: 512


Balance

₱ 7,000.00
₱ -

Account Number: 513


Balance

₱ 10,000.00
₱ -

Account Number: 514


Balance

₱ 3,400.00
0

Account Number: 515


Balance

₱ 2,000.00
0
Account Number: 515
Balance
Account # Account Titles Dr Cr

Cash ₱ 118,000.00
Accounts Receivable 10000.00
Prepaid Rent 30000.00
Office Supplies 4000.00
Office Equipment 15000.00
Accounts Payable ₱ 12,000.00
Pearly Bables, Capital 130000.00
Pearly Bables, Withdrawals 2000.00
Fees Earned 50000.00
Salaries Expense 6000.00
Advertising Expense 7000.00
Total ₱ 192,000.00 ₱ 192,000.00
Unadjusted Trial Balance Adjustments
Account # Account Titles Dr Cr Dr

Cash ₱ 118,000.00
Accounts Receivable 10000.00
Prepaid Rent 30000.00
Office Supplies 4000.00
Office Equipment 15000.00
Accounts Payable ₱ 12,000.00
Pearly Bables, Capital 130000.00
Pearly Bables, Withdrawals 2000.00
Fees Earned 50000.00
Salaries Expense 6000.00 ₱ 5,000.00
Advertising Expense 7000.00
Total ₱ 192,000.00 ₱ 192,000.00
Depreciation Expense, Office Equipment 2000.00
Accumulated Depreciation, Office Equipment
Salaries Payable
Rent Expense 10000.00
Office Supplies Expense 3400.00
₱ 20,400.00
Net Income
Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Cr Dr Cr Dr Cr Dr

₱ 118,000.00 ₱ 118,000.00
10000.00 10000.00
₱ 10,000.00 20000.00 20000.00
3400.00 600.00 600.00
15000.00 15000.00
₱ 12,000.00
130000.00
2000.00 2000.00
50000.00 ₱ 50,000.00
11000.00 ₱ 11,000.00
7000.00 7000.00

2000.00 2000.00
2000.00 2000.00
5000.00 5000.00
10000.00 10000.00
3400.00 3400.00
₱ 20,400.00 ₱ 199,000.00 ₱ 199,000.00 ₱ 33,400.00 ₱ 50,000.00 ₱ 165,600.00
₱ 16,600.00
₱ 50,000.00 ₱ 50,000.00 ₱ 165,600.00
Balance Sheet
Cr

₱ 12,000.00
130000.00

2000.00
5000.00

₱ 149,000.00
₱ 16,600.00
₱ 165,600.00
Account Titles Dr Cr
Fees Earned ₱ 50,000.00
Less: Operating Expenses
Salaries Expense ₱ 11,000.00
Advertising Expense 7000.00
Rent Expense 10000.00
Office Supplies Expense 3400.00
Depreciation Expense, Office Equipment 2000.00 33400.00
Net Income ₱ 16,600.00
Account Titles Dr Cr
Assets
Current Assets
Cash ₱ 118,000.00
Accounts Receivable 10000.00
Prepaid Rent 20000.00
Office Supplies 600.00 ₱ 148,600.00
Properties and Equipment
Office Equipment 15000.00
Accumulated Depreciation, Office Equipment (2000) 13000
Total Assets 161600.00
Liabilities and Owner's Equity

Accounts Payable ₱ 2,000.00


Salaries Payable 15000.00 ₱ 17,000.00
Pearly Bables, Capital 144600 144600.00
Total Liabilities and Owner's Equity 161600.00
Pearly Bables, Capital -
Investments during the year ₱ 130,000.00
Net Income for the year 16600.00
Total ₱ 146,600.00
Less: Withdrawals (2000)
₱ 144,600.00
Pearly Bables, Capital

Pearly Bables, Capital ₱ 130,000.00


Less: Pearly Bables,Drawing 2000
Net Capital ₱ 128,000.00
Add:Net Income 16600.00
Total Capital as of January 31,2017 ₱ 144,600.00
Fees Earned 50000.00
Income Summary 50000.00
To record the closing Income account

Income Summary 33400.00


Expenses: Operating Expenses
Salaries Expense 11000.00
Advertising Expense 7000.00
Rent Expense 10000.00
Office Supplies Expense 3400.00
Depreciation Expense, Office Equipment 2000.00
to record the closing of Expenses

Income Summary 16600.00


Pearly Bables, Capital 16600.00
to record the closing of income summary

Pearly Bables, Capital 2000


Pearly Bables, Withdrawals 2000 *
to record the closing of withdrawals

Fees Earned 50000.00


Income Summary 50000.00
to record the closing of fees earned for the month

Income Summary 22400.00


Salaries Expense 11000.00
Advertising Expense 7000.00
Rent Expense 10000.00
Office Supplies Expense 3400.00
Depreciation Expense, Office Equipment 2000.00
Cash ₱ 118,000.00
Accounts Receivable 10000.00
Prepaid Rent 20000.00
Office Supplies 600.00
Office Equipment 15000.00
Accumulated Depreciation, Office Equipment ₱ 2,000.00
Accounts Payable 12000.00
Salaries Payable 5000.00
Pearly Bables, Capital 144600.00
Total ₱ 163,600.00 ₱ 163,600.00