GENERAL JOURNAL

Date Account Title and Explanation PR DR

2019
May 2 Cash 110 92,500
Uy, Capital 310
Initial Investment

3 Office Equipment 150 36,800

Accounts Payable 220
Aquired office equipment

4 Office Supplies 130 17,100

Accounts Payable 220
Aquired office supplies

6 Accounts Receivable 120 29,200

Accounting Revenues 410
Billed Gabayan Computers for accounting services

7 Accounting Library 160 19,500

Cash 110
Paid for accounting and tax books for use in the practice

8 Accounts Payable 220 4,100

Cash 110
Paid Palatino Account

10 Office Condominium 140 265,000

Cash 110
Notes Payable
Acquired condomium

12 Salaries Expense 510 14,200

Cash 110
Paid Salaries

13 Cash 110 9,750

Accounts Receivable 120
Collected Gabayan account

16 Telephone Expense 530 650

Cash 110
Paid telephone bill
19 Cash 110 14,600
Accounting Revenues 410
Rendered Accounting services

22 Office Supplies 130 4,650

Accounts Payable 220
Aquired office supplies

23 Uy, Withdrawals 320 8,150

Cash 110
Withdrawals for personal use

25 Salaries Expense 510 10,300

Cash 110
Paid salaries

26 Accounts Receivable 120 31,600

Accounting Revenues 410
Billed Chua Esporters for accounting services

27 Professional Dues Expense 540 5,500

Cash 110
Paid PICPA dues

28 Rent Expense 520 3,250

Cash 110
Paid rent on an office-copying machine
Page 1
CR

92,500

36,800

17,100

29,200

19,500

4,100

38,000
227,000

14,200

9,750

650
14,600

4,650

8,150

10,300

31,600

5,500

3,250