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Trial Balance General Journal
Trial Balance General Journal
Cyber Company
Trial Balance General Journal
For the Month of October 20X1
DATE Account Title Amount
Debit Credit
20X1 Accounts Receivable P80,000
Sold merchandise on account P80,000
October Cost of Goods Sold P70,000.
Bought goods from supplier P70,000.
Utilities P17,000.
Paid phone bills P17,000.
Petty cash fund P10,000 P10,000
Accounts Receivable P52,000
Collected from customer Joe Go P52,000
Accounts Payable P8,000
Bad debts Expenses P8,000
Depreciation expense P21,00o.
Purchased merchandise costing P21,00o.
Accounts Receivable P25,000
The depreciation for the month P25,000
Sales P6,00o.
Cash sales to Nani Torres P6,00o.
Repair and maintenance P1,000
Repair on equipment is paid. P1,000
TOTAL PHP 290,000 PHP 290,000