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Problem 7 - Group 1
Problem 7 - Group 1
Problem 7 - Group 1
a. ₱ 250,000 l. ₱ 5,000
Laundry Revenues
Salaries Expense
f. ₱ 19,250
k. ₱ 7,400
j. 12,350
Balance ₱ 31,600 Balance ₱ 7,400
Rent Expense Utilities Expense
d. ₱ 5,750 i. ₱ 2,080
Miscellaneous Expense
n. ₱ 2,800
Balance ₱ 2,800
Trial Balance
Jimelyn Evangelista Self-Service Laundry
Trial Balance
May 01 2018
Debit Credit
Cash ₱ 201,520
Laundry Supplies 3,250
Prepaid Insurance 5,600
Equipment 115,000
Furniture and Fixtures 6,700
Accounts Payable ₱ 73,500
Evangelista, Capital 250,000
Evangelista, Withdrawals 5,000
Laundry Revenues 31,600
Salaries Expense 7,400
Rent Expense 5,750
Utilities Expense 2,080
Miscellaneous Expense 2,800
₱ 355,100 ₱ 355,100
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Aba lo , J oma r Rc hie N.
Abduk a rim , Ahma dk he ir A.
Abe l, Andre a Da ir A.
Ada lia , Kis ha Louis e B.
Ajijul , Alha k im D.
Alc a la , Ma rtin J ohn D.
Ans a li , Ma rie l Ange line C.
Apolina rio , Humphre y B.
Arie ta , J os hua B.
As tia n , Fa tima Azra H.
BS Economics 1B