Computer Best Store

General Journal

Date Accounts & Explanation F Debit Credit

2008
Dec. 7 Accounts payable 211 200.00
Purchase discount 531 200.00
To record price adjustment.

15 Sales returns and allowances 432 250.00

Accounts Receivable 121 250.00
To record return of goods.

22 Sales discount 431 200.00

Accounts receivable 121 200.00
To record rebate.
 Computer Best Store
SALES JOURNAL

Date Customer Charge Sales Cash Sales Terms F Accounts Cash

Invoice Invoice Receivable Sales
No. No. Debit Debit

2008
Dec. 2 Lourdes Molina 2344 cash 1,500.00
5 Violeta Sangalang 2345 cash 4,250.00
5 Cash Sales 2346-2347 cash 875.00
7 Bernardo Law Offices 4431 2/10, n/30 4,120.00
9 Golden Gate Goods 4432 n/30 40,000.00
9 Safe Security Agency 2348 cash 4,500.00
9 Cash Sales 2349-2350 cash 1,343.75
12 Benedicto Gan 2351 cash 2,950.00
12 Famorca Clinic 4433 2/10, n/30 1,275.00
12 Makati Cuisine 2352 cash 440.00
13 Wilson Industries Inc. 4434 2/10, n/30 10,185.00
16 Cash Sales 2353-2356 cash 2,575.00
16 Cash Sales 2357-2360 cash 1,265.00
19 Bernardo Law Offices 4435 2/10, n/30 5,500.00
20 Reuben Hatchery 4436 2/10, n/30 6,775.00
20 Safe Security 4437 n/30 3,100.00
22 Famorca Clinic 4438 2/10, n/30 875.00
23 Antipolo Gardens 2361 cash 3,000.00
23 Makati Cuisine 2362 cash 560.00
23 Lourdes Molina 2363 cash 1,245.00
23 Cash Sales 2364-2370 cash 1,250.00
23 Pio Construction Co. 2371 cash 1,500.00
26 Sentosa Trading 4439 2/10, n/30 7,500.00
26 Elizabeth Botique 4440 2/10, n/30 3,750.00
28 Interlaken Industries 4441 n/30 14,000.00
29 Cash Sales 2372 cash 885.00
29 Lourdes Molina 4442 2/10, n/30 31,300.00

128,380.00 28,138.75
Accounts receivable 128,380.00
Cash 28,138.75
Sales 137,110.00
Sales - Accessories 19,408.75
156,518.75 156,518.75 -

Sales Sales-
Credit Accessories
Credit

1,500.00
4,250.00
875.00
3,000.00 1,120.00
40,000.00
4,500.00
1,343.75
2,950.00
1,275.00
440.00
9,310.00 875.00
2,575.00
1,265.00
5,500.00
5,500.00 1,275.00
3,100.00
875.00
3,000.00
560.00
1,245.00
1,250.00
1,500.00
7,500.00
3,200.00 550.00
14,000.00
885.00
 27,300.00 4,000.00

137,110.00 19,408.75
 Computer Best Store
cash receipts journal
Cash 168,984.81
Sundry -
Sales Discount 1,597.74
Accounts Receivable 127,409.00
Cash Sales 28,138.75
Sundry 15,034.80
170,582.55 170,582.55 -

Date Received Particulars OR Cash Sales F Account Cash SUNDRY

from # Debit Discount Receivable Sales Account Title F Debit Credit
Debit Credit Credit

2008
Dec. 1 Pio Construction Co. Full Settlement 280 12,500.00 12,500.00
2 Lourdes Molina CSI 2344 - 1,500.00 1,500.00
2 Bernardo Law Offices Full Settlement 290 15,239.00 311.00 15,550.00
2 Reuben Hatchery Full Settlement 291 25,492.50 257.50 25,750.00
5 Michael B. Francisco Additional Investment 292 10,000.00 Michael B. Francisco, Capital 311 10,000.00
5 Violeta Sangalang CSI 2345 - 4,250.00 4,250.00
5 Cash Sales CSI 2436-2347 - 875.00 875.00
8 Wilson Industries, Inc. Payment 293 35,061.46 715.54 35,777.00
9 Rolando Querubin Service rendered 294 750.00 Service income 441 750.00
9 Safe Security Agency CSI 2438 - 4,500.00 4,500.00
9 Cash Sales CSI 2349-2350 - 1,343.75 1,343.75
12 Benedicto Gan CSI 2351 - 2,950.00 2,950.00
12 Elizabeth Botique Full Settlement 295 8,952.00 8,952.00
12 Makati Cuisine CSI 2352 - 440.00 440.00
12 Enterprise Capital Bank Interest earned - 84.80 Interest Income 451 84.80
15 Greehhills Computer Accessories Returned various accessories 296 450.00 Purchase returns and allowances 532 450.00
15 Famorca Clinic Payment 297 10,000.00 10,000.00
16 Cash Sales CSI 2353-2356 - 2,575.00 2,575.00
16 Cash Sales CSI 2357-2360 - 1,265.00 1,265.00
20 E - Com Electronic Supplies Returned various accessories 298 375.00 Purchase returns and allowances 532 375.00
20 Francis Trading Company Service rendered 299 800.00 Service income 441 800.00
23 Antipolo Gardens CSI 2361 - 3,000.00 3,000.00
23 Makati Cuisine CSI 2362 - 560.00 560.00
23 Lourdes Molina CSI 2363 - 1,245.00 1,245.00
23 Cash Sales CSI 2364-2370 - 1,250.00 1,250.00
23 Pio Construction Co. CSI 2371 - 1,500.00 1,500.00
23 Wilson Industries, Inc. Full Settlement 300 9,981.30 203.70 10,185.00
26 Bernardo Law Offices Full Settlement 301 9,510.00 110.00 9,620.00
27 Macro Computer Store Commission income 302 2,575.00 Commission income 461 2,575.00
28 Famorca Clinic Payment 303 5,000.00 5,000.00
29 Reuben Hatchery Full Settlement 304 6,575.00 6,575.00
29 Cash Sales CSI 2372 - 885.00 885.00

Totals 168,984.81 1,597.74 127,409.00 28,138.75 - 15,034.80

 Computer Best Store
Purchases JOURNAL

Merchandise Inventory
Purchases - Accessories
Cost of goods sold
Accounts payable
Cash

Date Supplier F Receiving Terms Merchandise Purchases-

Report Inventory Accessories
No. Debit Debit

2008
Dec. 2 E - Com Electronics Supplies 1166 cash 1,750.00
2 Eletronics Import Company 1167 n/30 38,400.00
7 Eletronics Import Company 1168 n/30 1,555.00 7,400.00
8 Greenhills Computer Accessories 1169 cash 2,505.00
9 Macro Computer Store - n/30
12 E - Com Electronics Supplies 1170 cash 1,755.00
19 Greenhills Computer Accessories 1171 cash 2,650.00
20 E - Com Electronics Supplies 1172 cash 1,425.00
28 Macro Computer Store - n/30
28 Eletronics Import Company 1173 2/10, n/30 13,000.00
29 Macro Computer Store - n/30

Totals 52,955.00 17,485.00

 52,955.00
17,485.00
69,255.00
129,610.00
10,085.00
139,695.00 139,695.00 -

Cost of Accounts Cash

Goods Sold Payable Purchases
Debit Credit Credit

1,750.00
38,400.00
8,955.00
2,505.00
32,880.00 32,880.00
1,755.00
2,650.00
1,425.00
11,275.00 11,275.00
13,000.00
25,100.00 25,100.00

69,255.00 129,610.00 10,085.00

 Computer Best Store
cash disbursements journal

Accounts payable
Cash Purchases
Sundry

Date Paid Voucher Check Date Cash

to No. No. Cleared by Credit
the bank

2008
Dec. 1 Fame Furniture Factory 875 E121205 12/1/08 8,500.00
1 Three R Hardware Store 876 121206 12/12/08 1,500.00
1 Macro Computer Store 877 121207 12/13/08 5,340.00
1 Greenhills Computer Accessories 878 121208 12/2/08 9,435.00
2 E - Com Electronics Supplies 879 121209 12/5/08 1,750.00
5 Cash and Carry Grocery Store 880 121210 12/5/08 5,450.00

6 Enterprise Finance Corporation 881 121211 12/6/08 24,500.00

7 Printers Art 882 121212 12/9/08 2,750.00
8 Greenhills Computer Accessories 883 121213 12/16/08 2,505.00
9 PLDT 884 121214 12/12/08 1,025.88
9 PCF Replenishment 885 121215 12/16/08 4,143.95

9 Cagayan Trucking Company 886 121216 OC 875.50

9 Meralco 887 121217 12/19/08 3,045.45
12 E - Com Electronics Supplies 888 121218 12/15/08 1,755.00
14 Express Delivery Company 889 121219 OC 1,675.00
14 Payroll 890 121220 12/15/08 15,000.00
15 Macro Computer System 891 121221 12/16/08 32,410.00
16 Manila Waters 892 121222 12/20/08 225.00
19 PCF Replenishment 893 121223 12/21/08 3,674.10
19 Greenhills Computer Accessories 894 121224 12/28/08 2,650.00
20 E - Com Electronics Supplies 895 121225 OC 1,425.00
20 SSS/Philhealth 896 121226 12/28/08 248.75
22 Macro Computer Store 897 121227 12/26/08 17,670.25
26 Michael B. Francisco 898 121228 OC 2,769.25

27 Lourdes Molina 899 121229 OC 200.00

28 Michael B. Francisco 900 121230 OC 10,000.00
29 Payroll 901 121231 12/29/08 4,760.25

29 PCF Replenishment 902 121233 12/29/08 2,969.00

Totals 168,252.38
s journal

nts payable 64,965.25

10,085.00
93,551.88
Cash 168,252.38
Purchases Discount 110.00
Sundry 239.75
168,602.13 168,602.13 -

Purchases F Account Cash SUNDRY

Discount Payable Purchases Account Title
Credit Debit Debit

- Furniture and fixtures

- Miscellaneous expense
- 5,340.00
110.00 9,545.00
- 1,750.00
Miscellaneous expenses
Loans payable
Interest expense
Miscellaneous expenses
2,505.00
Utility expense
Store and office supplies
Gas, oil, and delivery equipment expense
Repairs and maintenance expense
Transportation and traverl expense
Representation and Entertainment expense
Miscellaneous expenses
Freight out
Utility expense
1,755.00
Miscellaneous expense
Salaries and wages
32,410.00
Utility expense
Store and office supplies
 Gas, oil, and delivery equipment expense
Repairs and maintenance expense
Transportation and travel expense
Representation and Entertainment expense
Miscellaneous expenses
2,650.00
1,425.00
SSS/PhilHealth premiums payable
17,670.25
Gas, oil, and delivery equipment expense
Representation and Entertainment expense
Miscellaneous expenses
Purchase returns and allowances
Michael B. Francisco, drawings
Salaries and wages
Withholding taxes payable
SSS/PhilHealth Premiums payable
PAG-IBIG premiums payable
Store and office supplies
Gas, oil, and delivery equipment expense
Transportation and travel expense
Representation and Entertainment expense
Miscellaneous expenses

110.00 64,965.25 10,085.00

UNDRY
F Debit Credit

151 8,500.00 -
691 1,500.00

691 5,450.00
271 20,000.00
751 4,500.00
691 2,750.00

631 1,025.88
611 1,012.75
641 925.75
645 200.00
646 445.45
647 1,125.00
691 435.00
642 875.50
631 3,045.45

691 1,675.00
605 15,000.00

631 225.00
611 875.90
641 1,002.50
645 550.00
646 245.00
647 875.50
691 125.20

221 248.75

641 1,275.25
647 1,368.50
691 125.50
532 200.00
312 10,000.00
605 5,000.00
231 77.65
221 124.35
222 37.75
611 454.50
641 879.50
646 125.00
647 1,355.00
691 155.00

93,551.88 239.75