Discrepancy Date Payor/Payee/Customer/Supplier

₱ - 01-Oct-22 Demi Reyes and Other Investors

₱ - 02-Oct-22 Rebecca Company - Supplier
₱ - 03-Oct-22 Monding Brothers - Customer
₱ - 04-Oct-22 Paid rent.
₱ - 07-Oct-22 Myco, Inc. - Supplier
₱ - 07-Oct-22 Nikka Company - Customer
₱ - 10-Oct-22 Bank - Creditor
₱ - 13-Oct-22 Monding Brothers - Customer
₱ - 14-Oct-22 Office Supplies
₱ - 16-Oct-22 Insurance Policy
₱ - 20-Oct-22 Myco, Inc. - Supplier
₱ - 22-Oct-22 Liza Company - Customer
₱ - 25-Oct-22 Rebecca Company - Supplier
₱ - 26-Oct-22 Nikka Company - Customer
₱ - 28-Oct-22 Seth Company - Customer
₱ - 30-Oct-22 Cash Sales
 Particulars/Explanation Cash Check No.

Investment by owner and investor by purchasing ordinary share. Receipts

Purchased merchandise on account, terms 2/10, n/30.
Sold merchandise on account, terms 2/10, n/30.
Paid rent for the month of October 2022. Payments 1203
Purchased merchandise on account, terms 2/10, n/30.
Sold merchandise on account.
Bank loan in exchange of notes payable. Receipts
Received payment on account, less 2% discount. Receipts
Puchased office supplies. 1204
Paid for one year insurance policy. 1205
Returned damaged goods, received credit.
Sold merchandise on account.
Paid for October 2 purchase, less 2% discount. 1206
Returned damaged merchandise, issued credit.
Sold merchandise on account.
Cash Sales for the month of October 2022.
 1101
Sales Invoice No. Purchase Invoice No. Code Journal Type Cash
Debit
3-03 Cash Receipts Journal ₱ 800,000
30-Sep-22 2-02 Purchase Journal
407 1-01 Sales Journal
4-04 Cash Payments Journal
06-Oct-22 2-02 Purchase Journal
408 1-01 Sales Journal
3-03 Cash Receipts Journal ₱ 500,000
3-03 Cash Receipts Journal ₱ 34,300
4-04 Cash Payments Journal
4-04 Cash Payments Journal
5-05 General Journal
410 1-01 Sales Journal
4-04 Cash Payments Journal
5-05 General Journal
411 1-01 Sales Journal
3-03 Cash Receipts Journal ₱ 492,000
₱1,673,800
 1101 1102 1103
Cash Accounts Receivable Office Supplies
Credit Debit Credit Debit Credit

₱ 35,000
₱ 75,000

₱ 87,500

₱ 35,000
₱ 8,500 ₱ 8,500
₱ 20,000

₱ 75,000
₱ 49,000
₱ 10,000
₱ 120,000

₱1,673,800 ₱272,500 ₱8,500

 1104 2101 2102
Prepaid Insurance Accounts Payable Notes Payable
Debit Credit Debit Credit Debit

₱ 50,000

₱ 210,000

₱ 20,000
₱ 20,000

₱ 50,000

₱20,000 -₱190,000 -₱500,000

 2102 3101 4101
Notes Payable Ordinary Shares Sales
Credit Debit Credit Debit Credit
₱ 800,000

₱ 35,000

₱ 87,500
₱ 500,000

₱ 75,000

₱ 120,000
₱ 492,000
-₱500,000 -₱800,000 -₱809,500
 4102 4103 5101
Sales Discount Sales Return and Allowances Purchases
Debit Credit Debit Credit Debit

₱ 50,000

₱ 210,000

₱ 700

₱ 10,000

₱700 ₱10,000 ₱260,000

 5101 5102 5103
Purchases Purchase Discounts Purchase Return and Allowances
Credit Debit Credit Debit Credit

₱ 20,000

₱ 1,000

₱260,000 -₱1,000 -₱20,000

 5104
Rent Expense
Debit Credit

₱ 75,000

₱75,000
Code Type of Journal
1-01 Sales Journal
2-02 Purchase Journal
3-03 Cash Receipts Journal
4-04 Cash Payments Journal
5-05 General Journal