DATE TRASACTIONS AMOUNT

John Rivera made an initial contribution to the business

Jul-01 P400,000
by depositing money into the company's bank account

Purchased laptop from Wilmy, Inc. for office use. Payment

Jul-01 90,000
term: COD (Cash on Delivery)

Jul-02 Paid office rental for 6 months 60,000

Received 200 reams of bond papers (inventory) ordered

Jul-04 60,000
from Jessa Corp. Payment terms 2/10, n/30.

Delivered 150 reams of bond papers to Jerone Company.

Jul-07 Payment terms: 2/10, n/20. The cost of the merchandise 67,500
was P45,000.

Jul-08 Paid the July 4 purchases 58,800

Jul-15 Paid salary of the employee 7,000

Jul-16 Received payment from the July 7 sales 66,150

Sold 20 reams of bond papers to Elmira Company. Elmira

Jul-18 picked up the merchandise form the store. Payment term: 9,000
15 days. Cost of merchandise was P6,000

Received 10 boxes of ballpoint pens from Anjy, Inc.

Jul-19 50,000
Payment terms: COD

Over the counter sale of four (4) boxes of ballpoint pens

Jul-22 26,000
to Nestor Company. Cost of merchandise was P 20,000

Received 10 calculators from Cristian Corporation.

Jul-23 8,000
Payment terms: 30 days.

Sold six (6) calculators to Cristine Company. Cristine

Jul-24 picked up the merchandise from the store. Payment 9,600
Term: 15 days. Cost of merchandise was P4,800

Jul-25 Paid electricity bill. 4,000

Received two (2) defective calculators from Cristine

Jul-26 3,200
Company. Cost of defective calculators is P1,600.
Over the counter cash withdrawal by the owner, John
Jul-31 20,000
Rivera, for his personal expenses.
BUSINESS/BANK FORMS TO BE JOURNAL
FILLED UP

Deposit Slip Cash Receipts

Purchase Order
Check Voucher Cash Disbursement
Bank Check

Check Voucher
Cash Disbursement
Bank Check

Purchase Order
Purchases Journal
Receiving Report

Delivery Receipt
Sales Journal
Sales Invoice

Check Voucher Cash

Bank Check Disbursement
Check Voucher
Cash Disbursement
Bank Check
Official Receipt
Check Deposit Cash Receipt

Sales Invoice Sales Journal

Purchase Order
Cash Disbursement
Receiving Report

Sales Invoice
Cash Receipts
Official Receip

Purchase Order
Purchases Journal
Receiving Report

Sales Invoice Sales Journal

Check Voucher
Cash Disbursement
Bank Check

Receiving Report General Journal

Withdrawal Slip Cash Disbursements

 The Juan Co
Workshee
July
Account
Account Title Trial Balance
Number
Debit Credit
1000 Cash 203,550
1200 Accounts Receivable 82,900
1300 Inventory 42,600
1400 Prepaid Expenses 60,000
1600 Office Equipment 90,000
1601 Accumulated Depreciation-Office Equipment
1800 Land
2000 Accounts Payable 9,200
2201 Salaries Payable
2202 Utilities Payable
3000 J. Rivera, Drawings 20,000
3100 J. Rivera, Capital 400,000
4100 Sales 179,600
4101 Sales Returns and Allowances 3,200
4102 Sales Discount 1,350
5100 Cost of Goods Sold 74,200
6100 Salaries Expense 7,000
6200 Utilities Expense 4,000
6300 Rental Expense
6500 Depreciation Expense
Subtotal 588,800 588800
Net Income
Total
 The Juan Co.
Worksheet
July
Adjustments Adjusted Trial Balance Income Statement
Debit Credit Debit Credit Debit Credit
203,550
82,900
42,600
10,000 50,000
90,000
1,500 1,500

9,200
7,000 7,000

20,000
400,000
179,600 179,600
3,200 3,200
1,350 1,350
74,200 74,200
7,000 14,000 14,000
4,000 4,000
10,000 10,000 10,000
1,500 1,500 1,500
18500 18500 597,300 597300 108,250 179,600
71,350
179,600
 Balance Sheet
Debit Credit
203,550
82,900
42,600
50,000
90,000
1,500

9,200
7,000

20,000
400,000

489,050 417,700
71,350
489,050