M & M Appliance Center

General Journal
Date
Particulars
2006
Jan. 1 Cash in Bank
Petty Cash Fund
Notes Receivable
Accounts Receivable
Interest Receivable
Merchandise Inventory
Supplies Inventory
Prepaid Insurance
Excess Input Tax
Land
Building
Delivery Equipment
Furniture and Equipment
Allowance for Bad Debts
Accum. Depn.- Building
Accum. Depn.- Delivery Equipment
Accum. Depn.- Furniture & Equipment
Accounts Payable
Utilities Payable
SS, MCR, EC Premium Payable
Withholding Tas Payable
Loans Payable
Notes Payable
Marquez, Capital
#
Interst Income
Interest Receivable
#
Selling Expense
General Expense
Utilities Payable
#
28 Sales Return and Allowances
Output Tax
Accounts Receivable
#
31 Adjusting Entries:
a General Expense
Allowance for Bad Debts
#

F
111
112
113
114
115
116
117
118
119
121
122
123
124
114.1
122.1
123.1
124.1
211
212
214
215
217
230
311
811
115
611
711
212
412
220
114

b Selling Expense
General Expense
Supplies Inventory
#
c Selling Expense
General Expense
Accum. Depn.- Building
Accum. Depn.- Delivery Equipment
Accum. Depn.- Furniture & Equipment
#
d Selling Expense
General Expense
SS, MCR, EC Premium Payable
#
e Selling Expense
General Expense
Utilities Payable
#
f Selling Expense
General Expense
Prepaid Insurance
#
g Output Tax
Input Tax
VAT Payable
#
h Bank Charge
Cash in Bank
#
i Income Tax Provision
Tax Payable
#
j Merchandise Inventory
Income and Expense Summary
#

nce Center
Journal
Debit

Credit

17,887.50
10,000.00
10,000.00
20,671.90
12.00
74,672.50
5,337.00
1,015.00
600.00
50,000.00
150,000.00
75,500.00
16,008.80
1,033.60
6,000.00
3,888.89
1,467.44
34,068.30
838.00
3,971.10
1,100.00
8,333.33
120,000.00
2,330,040.04
12.00
12.00
419.00
419.00
838.00
446.43
53.57
500.00

954.30
954.30

150.00
300.00
450.00
705.59
316.70
500.00
388.89
133.40
374.00
348.70
722.70
445.00
445.00
890.00
169.17
169.16
338.33
8,309.57
5,254.96
3,054.61
25.00
25.00
5,400.04
5,400.04
75,500.00
75,500.00