Delos Reyes Gianna

Balance Sheet
12- Discipline
ASSETS

CASH AR SUPPLIES INSURANCE

1 deposited 120,000 cash in a bank acount 120,000

in the name of the business
2 Bought office equipment on account from
PHINMA Company,₱31,000
3 Paid rent for the month ₱24,000 -24,000
4 Bought supplies for cash, ₱4,500 -4,500 4,500
5 Paid salaries,₱ 9,800 -9,800
6 Received cash for storage services, ₱ 36,000 36,000
7 Received and paid the utility bill ₱2, 520 -2,520
8 Paid Errol Umerez Graphics for advertising ₱4, 280 -4,280
( the bill was previously recorded)
9 Paid for one year liability insurance policy ₱ 8,350 -8,350 8,350
10 Billed customers for storage services
on account ₱33, 700 33,700
11 Received cash for storage services ₱ 23,000 23,000
12 Paid salaries ₱9,900 -9,900
13 Paid PHINMA company ₱11,000 as part payment on -11,000
the office equipment bought in the transaction #2
14 Modesto withdrew ₱12,000 for personal use. -12,000
92,650 33,700 4,500 8,350
 LIABILITIES OE

EQUIPTMENT

120,000

31,000 31,000
-24,000

-9,800
36,000
-2,520
-4280

33,700
23,000
-9,900
-11,000

-12,000
31,000 20,000 150,200

170,200 = 170,200