NEO TECHNO DESIGNS

Purchases Journal

Debit
Date Reference Description Other Accounts
Delivery Supplies
Account Title
7/4/2019 PO #1 On Account - 1 unit Office Equipment
8/4/2019 PO #2 On Account - 1 unit Service Vehicle

-
 Page 1
NS

Debit Credit
Other Accounts Accounts Notes
PR Amount Payable Payable
104 210,000.00 210,000.00
105 630,000.00 630,000.00

840,000.00 210,000.00 630,000.00

(200) (201)
 NEO TECHNO DESIGNS
Cash Receipts Journal

Debit Credit
Date Reference No. Description Accounts
Cash
Receivable
04/05/2019 OR #1 Initial investment 720,000.00
04/12/2019 OR #2 Payment from customer 146,000.00
04/30/2019 OR #3 Payment from customer 44,000.00 44,000.00
910,000.00 44,000.00
(100) (101)
 Page 1
S
l

Credit
Other Account
Account Title PR Amount
Parduco, Capital 300 720,000.00
Decorating Income 400 146,000.00

866,000.00
 NEO TECHNO DESIGNS
Cash Disbursements Journal

Debit
Reference
Date Payee
No. Accounts Payable Notes Payable

04/06/2019 CV #1 Landlord
04/08/2019 CV #2 Company A 350,000.00
04/10/2019 CV #3 Supplier A
04/20/2019 CV #4 Insurance Company
04/29/2019 CV #5 Various Companies
04/29/2019 CV #6 Various Companies
04/30/2019 CV #7 Employees
04/30/2019 CV #8 Company A 36,000.00
04/30/2019 CV #9 Ernesto Parduco
36,000.00 350,000.00
(200) (201)
 Page 1
HNO DESIGNS
sements Journal

Debit Credit
Other Accounts
Cash
Account Title PR Amount
Rent Expense 500 24,000.00 24,000.00
350,000.00
Decorating Supplies 102 6,575.00 6,575.00
Prepaid Insurance 103 18,000.00 18,000.00
Utilties Expense 501 7,500.00 7,500.00
Miscellaneous Expense 504 2,100.00 2,100.00
Salaries Expense 502 30,000.00 30,000.00
36,000.00
Parduco, Drawing 301 140,000.00 140,000.00
228,175.00 614,175.00
(100)
 Date
Description PR Debit
2019
APRIL 23 Accounts Receivable 101 123,750.00
Decorating Income 400
To record service rendered on account.

24 Service Vehicle Expenses 503 22,500.00

Accounts Payable 200
To record billing for the use of
service vehicle.
Page 1
Credit

123,750.00

22,500.00
 NEO TECHNO DESIGNS
Chart of Account

ASSETS LIABILITIES
Account Code Account Name Account Code
100 Cash 200
101 Accounts Receivable 201
102 Decorating Supplies
103 Prepaid Insurance
104 Office Equipment EQUITY
105 Service Vehicle Account Code
300
301

INCOME (REVENUE)
EXPENSES Account Code
Account Code Account Name 400
500 Rent Expense
501 Utilties Expense
502 Salaries Expense
503 Service Vehicle Expense
504 Miscellaneous Expense
 LIABILITIES
Account Name
Accounts Payable
Notes Payable

EQUITY
Account Name
Parduco, Capital
Parduco, Drawing

INCOME (REVENUE)
Account Name
Decorating Income
ACCOUNT NAME: CASH ACCOUNT CODE: 100
DATE ITEM PR Transaction
2019 Debit Credit
APR 5 Capital CR1 720,000.00
6 Rental CD1 24,000.00
8 Notes Payable CD1 350,000.00
10 Decorating Supplies CD1 6,575.00
12 Income CR1 146,000.00
20 Insurance CD1 18,000.00
29 Utilities CD1 7,500.00
29 Miscellaneous Expense CD1 2,100.00
30 Receivables CR1 44,000.00
30 Salaries CD1 30,000.00
30 Accounts Payable CD1 36,000.00
30 Drawings CD1 140,000.00

ACCOUNT NAME: ACCOUNTS RECEIVABLE ACCOUNT CODE: 101

DATE ITEM PR Transaction
2019 Debit Credit
APR 23 Income GL1 123,750.00
30 Cash CR1 44,000.00

ACCOUNT NAME: DECORATING SUPPLIES ACCOUNT CODE: 102

DATE ITEM PR Transaction
2019 Debit Credit
APR 10 Cash CD1 6,575.00

ACCOUNT NAME: PREPAID INSURANCE ACCOUNT CODE: 103

DATE ITEM PR Transaction
2019 Debit Credit
APR 20 Cash CD1 18,000.00

ACCOUNT NAME: OFFICE EQUIPMENT ACCOUNT CODE: 104

DATE ITEM PR Transaction
2019 Debit Credit
APR 7 On Account P1 210,000.00
ACCOUNT NAME: SERVICE VEHICLE ACCOUNT CODE: 105
DATE ITEM PR Transaction
2019 Debit Credit
APR 8 On Account P1 630,000.00

ACCOUNT NAME: ACCOUNTS PAYABLE ACCOUNT CODE: 200

DATE ITEM PR Transaction
2019 Debit Credit
APR 7 Office Equipment P1 210,000.00
24 Service Vehicle Expense GL1 22,500.00
30 Payment - Office Equipment CD1 36,000.00

ACCOUNT NAME: NOTES PAYABLE ACCOUNT CODE: 201

DATE ITEM PR Transaction
2019 Debit Credit
APR 8 Service Vehicle P1 630,000.00
8 Downpayment CD1 350,000.00

ACCOUNT NAME: PARDUCO, CAPITAL ACCOUNT CODE: 300

DATE ITEM PR Transaction
2019 Debit Credit
APR 5 Cash CR1 720,000.00

ACCOUNT NAME: PARDUCO, DRAWING ACCOUNT CODE: 301

DATE ITEM PR Transaction
2019 Debit Credit
APR 30 Cash CD1 140,000.00

ACCOUNT NAME: DECORATING INCOME ACCOUNT CODE: 400

DATE ITEM PR Transaction
2019 Debit Credit
APR 12 Cash CR1 146,000.00
23 On Account GL1 123,750.00
ACCOUNT NAME: RENT EXPENSE ACCOUNT CODE: 500
DATE ITEM PR Transaction
2019 Debit Credit
APR 6 Cash CD1 24,000.00

ACCOUNT NAME: UTILITIES EXPENSE ACCOUNT CODE: 501

DATE ITEM PR Transaction
2019 Debit Credit
APR 29 Cash CD1 7,500.00

ACCOUNT NAME: SALARIES EXPENSE ACCOUNT CODE: 501

DATE ITEM PR Transaction
2019 Debit Credit
APR 30 Cash CD1 30,000.00

ACCOUNT NAME: SERVICE VEHICLE EXPENSE ACCOUNT CODE: 503

DATE ITEM PR Transaction
2019 Debit Credit
APR 24 Accounts Payable GL1 22,500.00

ACCOUNT NAME: MISCELLANEOUS EXPENSE ACCOUNT CODE: 504

DATE ITEM PR Transaction
2019 Debit Credit
APR 29 Cash CD1 2,100.00
UNT CODE: 100 CASH (100)
Balance DEBIT CREDIT
Debit Credit 04/05/19 720,000.00 24,000.00 04/06/19
720,000.00 04/12/19 146,000.00 350,000.00 04/08/19
696,000.00 04/30/19 44,000.00 6,575.00 04/10/19
346,000.00 18,000.00 04/20/19
339,425.00 7,500.00 04/29/19
485,425.00 2,100.00 04/29/19
467,425.00 30,000.00 04/30/19
459,925.00 36,000.00 04/30/19
457,825.00 140,000.00 04/30/19
501,825.00 910,000.00 614,175.00
471,825.00 295,825.00
435,825.00
295,825.00

UNT CODE: 101 ACCOUNTS RECEIVABLES (101)

Balance DEBIT CREDIT
Debit Credit 04/23/19 123,750.00 44,000.00 04/30/19
123,750.00
79,750.00 123,750.00 44,000.00
79,750.00

UNT CODE: 102 DECORATING SUPPLIES (102)

Balance DEBIT CREDIT
Debit Credit 04/10/19 6,575.00
6,575.00
6,575.00 6,575.00 -
6,575.00

UNT CODE: 103 PREPAID INSURANCE (103)

Balance DEBIT CREDIT
Debit Credit 04/20/19 18,000.00
18,000.00
18,000.00 18,000.00 -
18,000.00

UNT CODE: 104 OFFICE EQUIPMENT (104)

Balance DEBIT CREDIT
Debit Credit 04/07/19 210,000.00
210,000.00
210,000.00 -
 210,000.00

UNT CODE: 105 SERVICE VEHICLE (105)

Balance DEBIT CREDIT
Debit Credit 04/08/19 630,000.00
630,000.00
630,000.00 -
630,000.00

UNT CODE: 200 ACCOUNTS PAYABLE (200)

Balance DEBIT CREDIT
Debit Credit 04/30/19 36,000.00 210,000.00 04/07/19
210,000.00 22,500.00 04/24/19
232,500.00 36,000.00 232,500.00
196,500.00 196,500.00

UNT CODE: 201 NOTES PAYABLE (201)

Balance DEBIT CREDIT
Debit Credit 04/08/19 350,000.00 630,000.00 04/08/19
630,000.00
280,000.00 350,000.00 630,000.00
280,000.00

UNT CODE: 300 PARDUCO, CAPITAL (300)

Balance DEBIT CREDIT
Debit Credit 720,000.00 04/05/19
720,000.00
- 720,000.00
720,000.00

UNT CODE: 301 PARDUCO, DRAWING (301)

Balance DEBIT CREDIT
Debit Credit 04/30/19 140,000.00
140,000.00
140,000.00 -
140,000.00

UNT CODE: 400 DECORATING INCOME (400)

Balance DEBIT CREDIT
Debit Credit 146,000.00 04/12/19
146,000.00 123,750.00 04/23/19
269,750.00
- 269,750.00
 269,750.00

UNT CODE: 500 RENT EXPENSE (500)

Balance DEBIT CREDIT
Debit Credit 04/06/19 24,000.00
24,000.00
24,000.00 -
24,000.00

UNT CODE: 501 UTILITIES EXPENSE (501)

Balance DEBIT CREDIT
Debit Credit 04/29/19 7,500.00
7,500.00
7,500.00 -
7,500.00

UNT CODE: 501 SALARIES EXPENSE (502)

Balance DEBIT CREDIT
Debit Credit 04/30/19 30,000.00
30,000.00
- 30,000.00 -
30,000.00

UNT CODE: 503 SERVICE VEHICLE EXPENSE (503)

Balance DEBIT CREDIT
Debit Credit 04/24/19 22,500.00
22,500.00
22,500.00 -
22,500.00

UNT CODE: 504 MISCELLANEOUS EXPENSE (504)

Balance DEBIT CREDIT
Debit Credit 04/29/19 2,100.00
2,100.00
2,100.00 -
2,100.00
 NEO TECHNO DESIGNS
Trial Balance
For the month ended, April 30, 2019

Account Code Account Name Debit Credit

100 Cash 295,825.00
101 Accounts Receivable 79,750.00
102 Decorating Supplies 6,575.00
103 Prepaid Insurance 18,000.00
104 Office Equipment 210,000.00
105 Service Vehicle 630,000.00
200 Accounts Payable 196,500.00
201 Notes Payable 280,000.00
300 Parduco, Capital 720,000.00
301 Parduco, Drawing 140,000.00
400 Decorating Income 269,750.00
500 Rent Expense 24,000.00
501 Utilties Expense 7,500.00
502 Salaries Expense 30,000.00
503 Service Vehicle Expense 22,500.00
504 Miscellaneous Expense 2,100.00
TOTAL 1,466,250.00 1,466,250.00