1-Oct Accounts Receivable 56,000.

00
Sales 50,000.00
Output VAT 6,000.00
To record Sales on Account to Cardenas
Marketing

4-Oct Accounts Receivable 22,400.00

Sales 20,000.00
Output VAT 2,400.00
To record Sales on Account to Del Mundo
Shirts Station

11-Oct Accounts Receivable 53,760.00

Sales 48,000.00
Output VAT 5,760.00
To record Sales on Account to Modesto
Bargain House

16-Oct Accounts Receivable 100,800.00

Sales 90,000.00
Output VAT 10,800.00
To record Sales on Account to Selisana
Garments

19-Oct Accounts Receivable 64,960.00

Sales 58,000.00
Output VAT 6,960.00
To record Sales on Account to Marasigan
Enterprises

29-Oct Accounts Receivable 89,600.00

Sales 80,000.00
Output VAT 9,600.00
To record Sales on Account to Modesto
Bargain House
1-Oct Cash 87,808.00
Sales Discount 1,600.00
Output VAT 192.00
Accounts Receivable 89,600.00
To record collection of account from
Del Mundo Shirts Station

5-Oct Cash 43,904.00

Sales Discount 800.00
Output VAT 96.00
Accounts Receivable 44,800.00
To record collection of account from
Selisana Garments

8-Oct Cash 418,432.00

Sales 373,600.00
Output VAT 44,832.00
To record cash sales

Cash 26,432.40
Sales Discount 480.00
Output VAT 57.60
Accounts Receivable 26,880.00
To record collection of account from
Modesto Bargain House

Cash 11,200.00
Accounts Receivable 11,200.00
To record collection of account from
Calamba Commercial

12-Oct Cash 78,400.00

Accounts Receivable 78,400.00
To record collection of account from
Marasigan Enterprise

15-Oct Cash 344,960.00

Sales 308,000.00
Output VAT 36,960.00
To record cash sales

19-Oct Cash 17,920.00

 Accounts Receivable 17,920.00
To record collection of account from
Cardenas Marketing

22-Oct Cash 328,720.00

Sales 293,500.00
Output VAT 35,220.00
To record cash sales

Cash 52,684.80
Sales Discount 960.00
Output VAT 115.20
Accounts Receivable 53,760.00
To record collection of account from
Modesto Bargain House

24-Oct Cash 244,000.00

Notes Receivable 240,000.00
Interest Receivable 2,400.00
Interest Income 1,600.00

26-Oct Cash 98,784.00

Sales Discount 1,800.00
Output VAT 216.00
Accounts Receivable 100,800.00
To record collection of account from

29-Oct Cash 56,000.00

Accounts Receivable 56,000.00
To record collection of account from
4-Oct Sales Returns and Allowances 4,000.00
Output VAT 480.00
Accounts Receivable 4,480.00
Sales return from Selisana Garments

5-Oct Accounts Payable 11,200.00

Purchase Returns and Allowances 10,000.00
Input VAT 1,200.00
Purchase returns to Blance Manufacturing
Company

17-Oct Accounts Payable 11,200.00

Furniture and Fixtures 10,000.00
Input VAT 1,200.00

19-Oct Notes Receivable 33,600.00

Accounts Receivable 33,600.00
1-Oct Purchases 160,000.00 cancelled
Input VAT 19,200.00
Accounts Payable 179,200.00
To record purchase on account from
Blance Manufacturing Company

2-Oct Transportation In 1,000.00

Input VAT 120.00
Accounts Payable 1,120.00
To record the freight on account to
Tria Forwarders

4-Oct Repairs and Maintenance Expense 2,400.00

Input VAT 288.00
Accounts Payable 2,688.00
Payment of Computer repairs to
Salvador Services

5-Oct Purchases 20,400.00

Input VAT 2,448.00
Accounts Payable 22,848.00
To record purchase on account from
Manalo Shirt Factory

5-Oct Purchases 150,000.00 adjusting entry?

Input VAT 18,000.00 A/P
Accounts Payable 168,000.00
To record purchase on account from
Blance Manufacturing Company

12-Oct Furnitures and Fixtures 36,000.00 cancelled

Input VAT 4,320.00
Accounts Payable 40,320.00
To record purchase on account from
Medina Office Systems

15-Oct Salaries Expense 94,852.54

Salaries Payable 94,852.54

Supplies 6,000.00
Input VAT 720.00
Accounts Payable 6,720.00
 To record purchase on account from
Geron Merchandising

16-Oct Purchases 120,000.00

Input VAT 14,400.00
Accounts Payable 134,400.00
To record purchase on account from
Bisana Marketing
adjusting entry?
17-Oct Furnitures and Fixtures 26,000.00 Accounts Payable
Input VAT 3,120.00
Accounts Payable 29,120.00
To record purchase on account from
Medina Office Systems

18-Oct Repairs and Maintenance Expense 5,000.00

Input VAT 600.00
Accounts Payable 5,600.00
To record purchase on account from
Andam Repairs

Accounts Payable 5,600.00

Cash 5,600.00

20-Oct Purchases 100,000.00

Input VAT 12,000.00
Accounts Payable 112,000.00
To record purchase on account from
Camiseria Palaganas

22-Oct Transportation In 3,000.00

Input VAT 360.00
Accounts Payable 3,360.00
To record the freight on account to
Galang Freight Services

23-Oct Notes Payable 500,000.00

Interest Payable 16,166.67
Interest Expense 3,833.33
Vouchers Payable 520,000.00

23-Oct Supplies 6,340.00

Input VAT 760.80
Accounts Payable 7,100.80
To record purchase on account from
 Gamba Supplies

24-Oct Purchases 100,000.00

Input VAT 12,000.00
Accounts Payable 112,000.00
To record purchase on account from
Burgos Shirts

26-Oct Purchases 184,000.00

Input VAT 22,080.00
Accounts Payable 206,080.00
To record purchase on account from
Bianche Manufacturing Company

29-Oct Therese Ballada, Withdrawals 160,000.00

Vouchers Payable 160,000.00
Withdrawal of Owner

Supplies 4,850.00
Miscellaneous Expense 700.00
Input VAT 666.00
Vouchers Payable 6,216.00
Replenishment of Petty Cash

30-Oct Utilities Expense 15,000.00

Input VAT 1,800.00
Utilities Payable 16,800.00
Payment of electric bill

Utilities Expense 7,300.00

Input VAT 876.00
Utilities Payable 8,176.00
Payment of telephone bill

Advertising Expense 8,000.00

Input VAT 960.00
Vouchers Payable 8,960.00
Payment of advertising fee

Salaries Expense 94,852.54

Salaries Payable 94,852.54
adjusting entry?
168,000.00
Input VAT 18,000.00
Purchases 150,000.00
adjusting entry?
Accounts Payable 29,120.00
Furnitures and Fixtures 26,000.00
Input VAT 3,120.00
2-Oct Accounts Payable 1,120.00
Cash 1,120.00
Issuance of check no. 81191 for payment
of freight to Tria Forwarders

3-Oct Accounts Payable 26,880.00

Cash 26,880.00
Issuance of check no. 81192 for payment
of payable to Camiseria Palaganas

4-Oct Accounts Payable 2,688.00

Cash 2,688.00
Issuance of check no. 81193 for payment
of computer repairs to salvador services

9-Oct Accounts Payable 224,000.00

Purchase Discount 4,000.00
Input VAT 480.00
Cash 219,520.00
Issuance of check no. 81194 for payment

10-Oct SSS and ECC Payable 15,650.00

Cash 15,650.00
Payment of SSS Due

Withholding Taxes Payable 34,721.02

Cash 34,721.02
Payment of Withholding Taxes

11-Oct Philhealth Contributions Payable 5,175.00

Cash 5,175.00
Payment of PHIC Contributions

13-Oct Accounts Payable 112,000.00

Purchase Discount 1,000.00
Input VAT 120.00
Cash 110,880.00
Issuance of check no. 81198 for payment

15-Oct Salaries Payable 94,852.54

Cash 94,852.54
Issuance of check no. 81199 for payment
 Accounts Payable 6,720.00
Cash 6,720.00
Issuance of check no. 81200 for payment

Accounts Payable 44,800.00

Cash 44,800.00
Issuance of check no. 81201 for payment

Pag-ibig Contributions Payable 1,800.00

Cash 1,800.00
Issuance of check no. 81202 for payment

17-Oct Accounts Payable 168,000.00

Purchase Discount 3,000.00
Input VAT 360.00
Cash 164,640.00
Issuance of check no. 81203 for payment

18-Oct Accounts Payable 5,600.00

Cash 5,600.00
Issuance of check no. 81204 for payment

22-Oct Accounts Payable 3,360.00

Cash 3,360.00
Issuance of check no. 81205 for payment

23-Oct Notes Payable 520,000.00

Cash 520,000.00
Issuance of check no. 81206 for payment

Accounts Payable 7,100.80

Cash 7,100.80
Issuance of check no. 81207 for payment

24-Oct Accounts Payable 24,640.00

Cash 24,640.00
Issuance of check no. 81208 for payment

25-Oct VAT Payable 63,003.00

Cash 63,003.00
Issuance of check no. 81209 for payment

26-Oct Accounts Payable 134,400.00

Purchase Discount 2,400.00
 Input VAT 288.00
Cash 131,712.00
Issuance of check no. 81210 for payment

29-Oct Vouchers Payable 160,000.00

Cash 160,000.00
Issuance of check no. 81211 for payment

Vouchers Payable 6,216.00

Cash 6,216.00
Issuance of check no. 81212 for payment

30-Oct Utilities Payable 16,800.00

Cash 16,800.00
Issuance of check no. 81213 for payment

Utilities Payable 8,176.00

Cash 8,176.00
Issuance of check no. 81214 for payment

Vouchers Payable 8,960.00

Cash 8,960.00
Issuance of check no. 81215 for payment

31-Oct Salaries Payable 94,852.54

Cash 94,852.54
Issuance of check no. 81216 for payment
15-Oct
 Cash on Hand Cash in Bank

1-Oct 87,808.00
2-Oct (87,808.00) 87,808.00
2-Oct (1,120.00) Check 81191
3-Oct (26,880.00) Check 81192
(2,688.00) Check 81193
5-Oct 44,800.00
6-Oct (44,800.00) 44,800.00
8-Oct 418,432.00
8-Oct 26,342.20
11,200.00
9-Oct (37,542.20) 37,542.20
(219,520.00) Check 81194
10-Oct (15,650.00) Check 81195
(34,721.02) Check 81196
11-Oct (5,175.00) Check 81197
12-Oct 78,400.00
13-Oct (78,400.00) 78,400.00
(110,880.00) Check 81198
15-Oct 344,960.00
(94,852.54) Check 81199
(6,720.00) Check 81200
(44,800.00) Check 81201
(1,800.00) Check 81202
17-Oct (164,640.00) Check 81203
18-Oct (5,600.00) Check 81204
19-Oct 17,920.00
20-Oct (17,920.00) 17,920.00
22-Oct 328,720.00
(3,360.00) Check 81205
52,684.80
23-Oct (52,684.80) 52,684.80
(520,000.00) Check 81206
(7,100.80) Check 81207
24-Oct 244,000.00
(24,640.00) Check 81208
25-Oct (244,000.00) 244,000.00
(63,003.00) Check 81209
26-Oct 98,784.00
(131,712.00) Check 81210
27-Oct (98,784.00) 98,784.00
29-Oct (160,000.00) Check 81211
(6,216.00) Check 81212
30-Oct 56,000.00
(16,800.00) Check 81213
(8,176.00) Check 81214
(8,960.00) Check 81215
(56,000.00) 56,000.00
31-Oct (94,852.54) Check 81216