Transaction from october 1 to deacember 31 2021

2-Oct. Journalization
Sold Computer Hardwares worth 300000, 70% in Cash while 30% on account.
Accts. Title Dr Cr T-Account
10-Oct Purchase additional hardware inventory worth 200,000 and paid cash 100000, the balance on account. 2-Oct Cash 210,000
15-Oct Acct. Receivable 90,000
Collected 100,000 of September Accounts Receivalbe Sales 300,000 Cash Account Receivable Sales
28-Oct 10-Oct 2-Oct/300,000
Cash Sales, 200000 Purchases 200,000 2-Oct / 210,000 10-Oct/100,000 2-Oct/90,000 15-Oct/1000,000 18-Oct/200,000
30-Oct Cash 100,000 15-Oct /100,000 30-Oct/70,000 18-Nov/40,000 5-Nov/50,000 18-Nov/200,000
Paid Salaries to employees, 70,000. Accts. Ppayable 100,000 18-Oct/ 200,000 15-Nov/50,000 30-Dec/40,000 5-Dec/250,000
5-Nov 15-Oct 5-Nov/ 50,000 27-Nov/20,000 20-Dec/100,000
Collected 50,000 of Oct 2 accounts receivables Cash 100,000 18-Nov/ 160,000 30-Nov/70,000 Total = 130,000 190,000
15-Nov Accts. Receivable 100,000 5-Dec/ 250,000 1-Dec/50,000 – 130,000 Total = 1,050,000
Purchase additional hardware inventory worth 150,000 and paid cash 50,000, the balance on account. 20-Dec/100,000 2-Dec/10,000 60,000
18-Nov 28-Oct 30-Dec/40,000 10-Dec/30,000

Sold Computer Hardwares worth 200000, 80% in Cash while 20% on account. Cash 200,000 15-Dec/100,000
27-Nov Sales 200,000 18-Dec/50,000
Paid space rental 20,000 in cash for October and November
28-Dec/30,000
30-Nov 30-Oct 31-Dec/70,000
Paid salaries and wages to employees 70,000
Salaries Expense 70,000
1-Dec Cash 70,000
Paid 50,000 of Oct 10 Accounts Payable
5-Nov Total= 1,110,000 650,000
2-Dec Cash 50,000 – 650,000 — 650000

Paid space rental of 10,000 for the month of December

Accts. Receivable 50,000 460,000 0
5-Dec 15-Nov

Sold 250,000 computer hardwares in cash Purchases 150,000

10-Dec Cash 50,000
Paid Utility Expense (Electric, water & Internet) in the total amount of 30,000 Accts. Payable 100,000
15-Dec 18-Nov Purchase Account payable Salaries

Purchase 200,000 worth of computer hardwares merchandise, 50% cash, 50% on Account
Cash 160,000 10-Oct/200,000 1-Dec/50,000 10-Oct/100,000 30- Oct/70,000
18-Dec Accts. Receivalble 40,000 15-Nov/150,000 15-Nov/100,000 30-Nov/70,000
Paid 50000 of Loans payable
Sales 200,000 15-Dec/200,000 15-Dec/100,000 31-Dec/70,000
20-Dec 27-Nov Total = 210,000

Sold 100,000 Computer Hardwares in Cash

Rent Expense 20,000 Total = 550,000 Total = 50,000 300,000
28-Dec Cash 20,000 – 50,000
Paid SSS, PhilHealth and Pag-ibig Premiums worth 30000 30-Nov 250,000
30-Dec Salaries Expense 70,000

Collected all Nov. 18 Accounts Recivables

Cash 70,000 Rent expense Utility Expense
31-Dec 1-Dec 30,000

Paid employees salaries and wages 70000 Acctd. Payable 50,000 27-Nov/20,000 Total = 30,000
31-Dec Cash 50,000 2-Dec/10,000
Computer Harware Inventory, end 600000 2-Dec
Rent Expense 10,000 Total = 30,000
Cash 10,000
Requirements: 12-5-2021
1. Journalize above transactions Cash 250,000
2. Post transactions in T-Accounts Sales 250,000
3. Prepare Worksheets for Trial Balance, Adjustments, Adjusted Trial Balance, Income Statement 10-Dec
Balancd Sheet Utility Expense 30,000
4. Prepare Income Statement, Balance Sheet and Cash Flow Statement Cash 30,000 Loans payable SSS/Phil heath/Pag-ibig
15-Dec 18-Dec/50,000 28-Dec/30,000
Purchases 200,000
Cash 100,000 Total = 50,000 Total = 30,000
Accts. Payable 100,000
18-Dec
Loans Payable 50,000
Cash 50,000
20-Dec
Cash 100,000
Sales 100,000
28-Dec
SSS/PhilHealth/Pag-IBIG 30,000
Cash 30,000
30-Dec
Cash 40,000

Accts. Receivable 40,000 BALANCE SHEET

31-Dec
Salaries & Wages 70,000
Cash 70,000 Account title Debit Credit

Cash 460,000
Account Receivable 60,000
Sales 1,050,000
Purchase 550,000
Account payable 250,000
Salaries 210,000
Rent expense 30,000
Utility expense 30,000
Loans payable 50,000
SSS/PHILHEALTH/PAG-IBIG 30,000

Total = 1,360,000 1,360,000

Transaction from october 1 to deacember 31 2021

2-Oct. Journalization
Sold Computer Hardwares worth 300000, 70% in Cash while 30% on account.
Accts. Title Dr Cr T-Account
10-Oct Purchase additional hardware inventory worth 200,000 and paid cash 100000, the balance on account. 2-Oct Cash 210,000
15-Oct Acct. Receivable 90,000
Collected 100,000 of September Accounts Receivalbe Sales 300,000 Cash Account Receivable Sales
28-Oct 10-Oct 2-Oct/300,000
Cash Sales, 200000 Purchases 200,000 2-Oct / 210,000 10-Oct/100,000 2-Oct/90,000 15-Oct/1000,000 18-Oct/200,000
30-Oct Cash 100,000 15-Oct /100,000 30-Oct/70,000 18-Nov/40,000 5-Nov/50,000 18-Nov/200,000
Paid Salaries to employees, 70,000. Accts. Ppayable 100,000 18-Oct/ 200,000 15-Nov/50,000 30-Dec/40,000 5-Dec/250,000
5-Nov 15-Oct 5-Nov/ 50,000 27-Nov/20,000 20-Dec/100,000
Collected 50,000 of Oct 2 accounts receivables Cash 100,000 18-Nov/ 160,000 30-Nov/70,000 Total = 130,000 190,000
15-Nov Accts. Receivable 100,000 5-Dec/ 250,000 1-Dec/50,000 – 130,000 Total = 1,050,000
Purchase additional hardware inventory worth 150,000 and paid cash 50,000, the balance on account. 20-Dec/100,000 2-Dec/10,000 60,000
18-Nov 28-Oct 30-Dec/40,000 10-Dec/30,000

Sold Computer Hardwares worth 200000, 80% in Cash while 20% on account. Cash 200,000 15-Dec/100,000
27-Nov Sales 200,000 18-Dec/50,000
Paid space rental 20,000 in cash for October and November
28-Dec/30,000
30-Nov 30-Oct 31-Dec/70,000
Paid salaries and wages to employees 70,000
Salaries Expense 70,000
1-Dec Cash 70,000
Paid 50,000 of Oct 10 Accounts Payable
5-Nov Total= 1,110,000 650,000
2-Dec Cash 50,000 – 650,000 — 650000

Paid space rental of 10,000 for the month of December

Accts. Receivable 50,000 460,000 0
5-Dec 15-Nov

Sold 250,000 computer hardwares in cash Purchases 150,000

10-Dec Cash 50,000
Paid Utility Expense (Electric, water & Internet) in the total amount of 30,000 Accts. Payable 100,000
15-Dec 18-Nov Purchase Account payable Salaries

Purchase 200,000 worth of computer hardwares merchandise, 50% cash, 50% on Account
Cash 160,000 10-Oct/200,000 1-Dec/50,000 10-Oct/100,000 30- Oct/70,000
18-Dec Accts. Receivalble 40,000 15-Nov/150,000 15-Nov/100,000 30-Nov/70,000
Paid 50000 of Loans payable
Sales 200,000 15-Dec/200,000 15-Dec/100,000 31-Dec/70,000
20-Dec 27-Nov Total = 210,000

Sold 100,000 Computer Hardwares in Cash

Rent Expense 20,000 Total = 550,000 Total = 50,000 300,000
28-Dec Cash 20,000 – 50,000
Paid SSS, PhilHealth and Pag-ibig Premiums worth 30000 30-Nov 250,000
30-Dec Salaries Expense 70,000

Collected all Nov. 18 Accounts Recivables

Cash 70,000 Rent expense Utility Expense
31-Dec 1-Dec 30,000

Paid employees salaries and wages 70000 Acctd. Payable 50,000 27-Nov/20,000 Total = 30,000
31-Dec Cash 50,000 2-Dec/10,000
Computer Harware Inventory, end 600000 2-Dec
Rent Expense 10,000 Total = 30,000
Cash 10,000
Requirements: 12-5-2021
1. Journalize above transactions Cash 250,000
2. Post transactions in T-Accounts Sales 250,000
3. Prepare Worksheets for Trial Balance, Adjustments, Adjusted Trial Balance, Income Statement 10-Dec
Balancd Sheet Utility Expense 30,000
4. Prepare Income Statement, Balance Sheet and Cash Flow Statement Cash 30,000 Loans payable SSS/Phil heath/Pag-ibig
15-Dec 18-Dec/50,000 28-Dec/30,000
Purchases 200,000
Cash 100,000 Total = 50,000 Total = 30,000
Accts. Payable 100,000
18-Dec
Loans Payable 50,000
Cash 50,000
20-Dec
Cash 100,000
Sales 100,000
28-Dec
SSS/PhilHealth/Pag-IBIG 30,000
Cash 30,000
30-Dec
Cash 40,000

Accts. Receivable 40,000 BALANCE SHEET

31-Dec
Salaries & Wages 70,000
Cash 70,000 Account title Debit Credit

Cash 460,000
Account Receivable 60,000
Sales 1,050,000
Purchase 550,000
Account payable 250,000
Salaries 210,000
Rent expense 30,000
Utility expense 30,000
Loans payable 50,000
SSS/PHILHEALTH/PAG-IBIG 30,000

Total = 1,360,000 1,360,000