Villasor Review School

DATE
General Journal PR Dr.
2019 For the month ended in July 2019
May 1-May Cash 110 500,000
Santiago, Capital 310
to record investment
2 Accounts Receivable 120 80,000
Delivery Revenues 410
to record receivables

3 Advertisment Expense 540 18,500

Accounts Payable 210
To record four-week investment.

6 Supplies Expense 550 8,800

Accounts Payable 210
To record bought supplies on account.

15 Office Equipment 150 52,500

Santiago, Capital 310
To record invested in the business own office equipment.

17 Cash 110 61,800

Accounts Receivable 120
To record received amount from charged costumer

22 Repair Expense 530 8,500

Accounts payable 210
To record bill for repair services performed

26 Accounts Payable 210 8,800

Cash 110
To record payment of account

29 Salaries Expense 510 21,000

Cash 110
To record payment of salaries to employees

30 Cash 110 39,000

Delivery Revenues 210
To record payment received from service performed

31 Gas and Oil Expense 520 12,500

Cash 110
 To record received and paid gasoline and oil bill

31 Accounts Receivable 120 45,000

Delivery Revenues 410
To record receivables for service rendered

31 Santiago, Withdrawals 320 14,500

Cash 110
To record Santiago's withdrawal
 Cr.

500,000

80,000

18,500

8,800

52,500

61,800

8,500

21,000

39,000

12,500
45,000

14,500
 Vic Santiago Delivery Services
GENERAL LEDGER
For the month ended May, 2021

Account: Cash Account No. 110

Date Expalnation J.R. Debit Credit Balance
1 2021
2 1-May J-1 500,000 500,000
3 17 J-1 61,800 561,800
4 26 J-1 8,800 553,000
5 29 J-1 21,000 532,000
6 30 J-1 39,000 571,000
7 31 J-1 12,500 558,500
8 31 J-1 14,500 544,000

Account: Santiago, Capital Account No. 310

Date Explanation J.R. Debit Credit Balance
1 2021
2 1-May 500,000 500,000
3 15 J-1 52,500 552,500

Account: Accounts Receivable Account No. 120

Date Explanation J.R. Debit Credit Balance
1 2021
2 2-May J-1 80,000 80,000
3 17 J-1 61,800 18,200
4 31 J-1 45,000 63,200

Account: Delivery Revenues Account No. 410

Date Explanation J.R. Debit Credit Balance
1 2021
2 2-May J-1 80,000 80,000
3 30 39,000 119,000
4 31 J-1 45,000 164,000

Account: Advertising Expense Account No. 540

Date Explanation J.R. Debit Credit Balance
1 2021
2 3-May J-1 18,500 18,500

Account: Accounts Payable Account No. 210

 Account: Accounts Payable Account No. 210
Date Explanation J.R. Debit Credit Balance
1 2021
2 3-May J-1 18,500 18,500
3 6 J-1 8,800 27,300
4 22 J-1 8,500 35,800
5 26 J-1 8,800 27,000

Account: Supplies Expense Account No. 550

Date Explanation J.R. Debit Credit Balance
1 2021
2 6-May J-1 8,800 8,800

Account: Office Equipment Account No. 150

Date Explanation J.R. Debit Credit Balance
1 2021
2 15-May J-1 52,500 52,500

Account: Repair Expense Account No. 530

Date Explanation J.R. Debit Credit Balance
1 2021
2 22-May J-1 8,500 8,500

Account: Salaries Expense Account No. 510

Date Explanation J.R. Debit Credit Balance
1 2021
2 29-May J-1 21,000 21,000

Account: Gas and oil Expense Account No. 520

Date Explanation J.R. Debit Credit Balance
1 2021
2 31-May J-1 12,500 12,500

Account: Santiago, Withdrawal Account No. 320

Date Explanation J.R. Debit Credit Balance
1 2021
2 31-May J-1 14,500 14,500
 Vic Santiago Delivery Services
Trial Balance
May 31, 2021

Account Debit Credit

Cash 544,000
Account Receivable 63,200
Office Equipment 52,500
Accounts Payable 27,000
Santiago, Capital 552,500
Santiago, Withdrawal 14,500
Delivery Revenues 164,000
Salaries Expense 21,000
Gas And Oil Expense 12,500
Repair Expense 8,500
Advertising Expense 18,500
Supplies Expense 8,800
743,500 743,500