2016 Apr-01 To record initial investment of Julie Claveria. 101 ₱100,000 ₱100,000 Apr-02 To record bought computer. ₱10,000 90,000 Apr-03 To record bought office supplies on cash basis. 700 89,300 Apr-04 To record borrowed money from RCBC Bank. 50,000 139,300 Apr-05 To record receive money from customer for tour package. 30,000 169,300 Apr-06 To record paid office rent. 5,000 164,300 Apr-07 To record paid electric and water bill. 1,500 162,800 Apr-09 To record cash from the business. 12,000 174,800 Apr-15 To record paid employee salary. 3,000 171,800 Apr-17 To record paid office rent in advance. 5,000 166,800 TOTAL ₱166,800.00
ACCOUNTS RECIEVABLE 105
Date Particulars Ref. Debit Credit Balance 2016 Apr-09 To record cash from business. 105 ₱12,000.00 ₱12,000.00 TOTAL -₱12,000.00
PREPAID RENT 115
Date Particulars Ref. Debit Credit Balance 2016 Apr-17 To record paid office rent in advance. 105 ₱5,000.00 ₱5,000.00 TOTAL ₱5,000.00
OFFICE SUPPLIES 120
Date Particulars Ref. Debit Credit Balance 2016 Apr-03 To record bought office supplies on cash basis. 120 ₱700.00 ₱700.00 TOTAL ₱700.00
OFFICE EQUIPMENT 150
Date Particulars Ref. Debit Credit Balance 2016 Apr-02 To record bought computer. 150 ₱10,000.00 ₱10,000.00 TOTAL ₱10,000.00
LOANS PAYABLE 210
Date Particulars Ref. Debit Credit Balance 2016 Apr-04 To record borrowed money from RCBC Bank. 210 ₱50,000.00 ₱50,000.00 TOTAL ₱50,000.00
CLAVERIA, CAPITAL 301
Date Particulars Ref. Debit Credit Balance 2016 Apr-01 To record initial investment of Julie Claveria 301 ₱100,000.00 ₱100,000.00 TOTAL ₱100,000.00
SERVICE INCOME 400
Date Particulars Ref. Debit Credit Balance 2016 Apr-05 To record received money from customer for tour package. 400 ₱30,000.00 ₱30,000.00 TOTAL ₱30,000.00
UTILITIES EXPENSE 503
Date Particulars Ref. Debit Credit Balance 2016 Apr-07 To record paid electric and water bill. 503 ₱1,500.00 ₱1,500.00 TOTAL ₱1,500.00
SALARIES EXPENSE 530
Date Particulars Ref. Debit Credit Balance 2016 Apr-15 To record paid employee salary. 530 ₱3,000.00 ₱3,000.00 TOTAL ₱3,000.00
RENT EXPENSE 535
Date Particulars Ref. Debit Credit Balance 2016 Apr-17 To record paid office rent in advance. 535 ₱5,000.00 ₱5,000.00 TOTAL ₱5,000.00