Dimaano, Hazel H.

BSMA 2201
Librea, Janelle L. ACC-207

Account Title Code

Cash on Hand A-100
Cash in Bank - EastWest Savings Account A-110
Cash in Bank - BPI Checking Account A-120
Accounts Receivable A-130
Prepaid Insurance A-140
Office Supplies A-150
Land A-160
Building A-170
Office Equipment A-180
Computer Equipment A-190
Furnitures and Fixtures A-200
Accounting Software A-210
Accounts Payable L-300
Unearned Tax Planning Revenue L-310
Income tax payable L-320
Integra, Withdrawals OE-400
Integra, Capital OE-410
Auditing Revenues I-500
Bookkeeping Revenues I-510
Valuation Revenues I-520
Communication expense E-600
Information Technology expense E-610
Professional fees E-620
Provision for Income Tax E-630
Salaries expense E-640
Travelling expense E-650
Utilities expense E-660
Permits and Licenses E-6
 INTEGRA ACCOUNTING SERVICES
JOURNAL
Date Account Titles and Explanation P.R. Debit
1 3/1/2024 Cash on Hand 1 ₱1,900,000.00
2 Integra, Capital
3 Initial investment of the business.
4
5 Permits and Liscenses 2 ₱8,000.00
6 Cash on Hand
7 To record registration fees.
8
9 4/1/2024 Land 3 ₱1,500,000.00
10 Building ₱700,000.00
11 Cash on Hand
12 To record investment in land and building.
13
14 Prepaid Insurance 4 ₱18,000.00
15 Cash on Hand
16 To record advance payment on insurance.
17
18 5/1/2024 Cash in Bank - BPI Checking Account 5 ₱800,000.00
19 Integra,
To record Capital cash to BPI -
transferred
20 checking account.
21
22 6/1/2024 Office Equipment 6 ₱90,000.00
23 Furniture and Fixtures ₱120,000.00
24 Accounts
To record Payable
purchases on office equipment
25 and furnitures and fixtures.
26
27 7/1/2024 Office Supplies 7 ₱50,000.00
28 Cash purchased
To record in Bank - BPI Checking
office Account
supplies
29 through check issuance.
30
31 8/1/2024 Bookkeeping Revenues 8 ₱218,000.00
32 Accounts Receivable
33 To record bookkeeping service.
34
35 9/1/2024 Cash on Hand 9 ₱270,000.00
36 Auditing Revenues
37 To record performed business auditing service.
38
39 10/1/2024 Cash in Bank - EastWest Savings Account 10 ₱500,000.00
40 Integra, Capital
41 To record savings account.
42
43 11/1/2024 Cash on Hand 11 ₱340,000.00
44 Unearned Tax Planning Revenue
45 To record advanced payment for tax planning service.
46
47 12/1/2024 Computer Equipment 12 ₱400,000.00
48 Cash acquired
To record in Bank - computer
BPI Checking Account
equipment
49 through check.
50
51 13/1/2024 Accounting Software 13 ₱480,000.00
52 Cash on Hand
53 To record purchased accounting software.
54
55 14/1/2024 Accounting Software 14 ₱40,000.00
56 Cash in Bank - BPI Checking Account
57 To record IT Services through check.
58
59 15/1/2024 Cash in Bank - EastWest Savings Account 15 ₱130,800.00
60 Accounts Receivable
61 To record 60% payment through bank deposit.
62
63 16/1/2024 Information Technology Expense 16 ₱38,000.00
64 Cash transaction
To record on Hand for upgrading the
65 computer operating system.
 66
67 17/1/2024 Cash in Bank - EastWest Savings Account 17 ₱75,000.00
68 Accounts Receivable ₱125,000.00
69 Auditing Revenues
70 To record performed revenues.
71
72 18/1/2024 Communication Expense 18 ₱5,000.00
73 Travellimg Expense ₱17,000.00
74 Cash on Hand
75 To record employees expense.
76
77 20/1/2024 Utilities Expense 19 ₱9,300.00
78 Cash on Hand
79 To record utilities expense.
80
81 21/1/2024 Integra, Withdrawals 20 ₱28,000.00
82 Cash in Bank - EastWest Savings Account
83 To record owner's withdrawals.
84
85 24/1/2024 Office Supplies 21 ₱50,000.00
86 Cash on Hand
87 To record purchases on office supplies.
88
89 25/1/2024 Cash on Hand 22 ₱10,000.00
90 Office Supplies
91 To record returned damaged supplies.
92
93 26/1/2024 Cash on Hand 23 ₱75,000.00
94 Valuation Revenues
95 To record rendered valuation.
96
97 27/1/2024 Professional Fees 24 ₱250,000.00
98 Cash on Hand
99 To record professional service.
100
101 28/1/2024 Provision for Income Tax 25 ₱69,040.00
102 Cash on Hand
103 To record booked provision for income tax.
104
105 29/1/2024 Accounts Payable 26 ₱210,000.00
106 Cash on Hand
107 To record full payment on Ikea Store.
108
109 30/1/2024 Salaries
CashExpense
in Bank - EastWest Savings 27 ₱180,000.00
110 Account
111 To record salaries expense.
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
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135
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149
150
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158
159
160
161
162
163
164
165
166
167
168
169
170
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176
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200
Credit

₱1,900,000.00

₱8,000.00

₱2,200,000.00

₱18,000.00

₱800,000.00

₱210,000.00

₱50,000.00
₱218,000.00

₱270,000.00

₱500,000.00

₱340,000.00

₱400,000.00

₱480,000.00

₱40,000.00

₱130,800.00

₱38,000.00
₱300,000.00

₱22,000.00

₱9,300.00

₱28,000.00

₱50,000.00

₱10,000.00

₱75,000.00

₱250,000.00
 ₱69,040.00

₱210,000.00

₱180,000.00
 INTEGRA ACCOUNTING SERVICE
GENERAL LEDGER
Account Title: Cash on Hand
Date Explanation J.R. Debit
1 3/1/2024 Initial investment of the business. 1 ₱ 1,900,000.00
2 3/1/2024 To record registration fees. 2
3 4/1/2024 To record investment in land and building. 3
4 4/1/2024 To record advance payment on insurance. 4
5 9/1/2024 To record performed business auditing service. 9 ₱ 270,000.00
6 11/1/2024 To record advanced payment for tax planning service. 11 ₱ 340,000.00
7 13/1/2024 To record purchased accounting software. 13
8 16/1/2024 To record transaction for upgrading the computer oper 16
9 18/1/2024 To record employees expense. 18
10 20/1/2024 To record utilities expense. 19
11 24/1/2024 To record purchases on office supplies. 21
12 25/1/2024 To record returned damaged supplies. 22 ₱ 10,000.00
13 26/1/2024 To record rendered valuation. 23 ₱ 75,000.00
14 27/1/2024 To record professional service. 24
15 28/1/2024 To record booked provision for income tax. 25
16 29/1/2024 To record full payment on Ikea Store. 26
ICE
Code: A-100
Credit Balance
₱ 1,900,000.00
₱ 8,000.00 ₱ 8,000.00
₱ 2,200,000.00 ₱ 2,200,000.00
₱ 18,000.00 ₱ 18,000.00
₱ 270,000.00
₱ 340,000.00
₱ 480,000.00 ₱ 480,000.00
₱ 38,000.00 ₱ 38,000.00
₱ 22,000.00 ₱ 22,000.00
₱ 9,300.00 ₱ 9,300.00
₱ 50,000.00 ₱ 50,000.00
₱ 10,000.00
₱ 75,000.00
₱ 250,000.00 ₱ 250,000.00
₱ 69,040.00 ₱ 69,040.00
₱ 210,000.00 ₱ 210,000.00

Beginning Balance ₱ 1,900,000.00

Ending balance
Increase/ ₱ 210,000.00
(Decrease) -₱ 1,690,000.00
 INTEGRA ACCOUNTING SERVICE
GENERAL LEDGER
Account Title: Cash in Bank - EastWest Savings Account
Date Explanation J.R. Debit
1 10/1/2024 To record savings account. 10 ₱ 500,000.00
2 15/1/2024 To record 60% payment through bank deposit. 15 ₱ 130,800.00
3 17/1/2024 To record performed revenues. 17 ₱ 75,000.00
4 21/1/2024 To record owner's withdrawals. 20
5 30/1/2024 To record salaries expense. 27
ICE
Code: A-110
Credit Balance
₱ 500,000.00
₱ 130,800.00
₱ 75,000.00
₱ 28,000.00 ₱ 28,000.00
₱ 180,000.00 ₱ 180,000.00

Beginning Balance ₱ 500,000.00

Ending balance
Increase/ ₱ 180,000.00
(Decrease) -₱ 320,000.00
 INTEGRA ACCOUNTING SERVICE
GENERAL LEDGER
Account Title: Cash in Bank - BPI Checking Account
Date Explanation J.R. Debit
1 5/1/2024 To record transferred cash to BPI - checking account. 5 ₱ 800,000.00
2 7/1/2024 To record purchased office supplies
acquired computer through
equipment check iss
through 7
3 12/1/2024 check. 12
4 14/1/2024 To record IT Services through check. 14
ICE
Code: A-120
Credit Balance
₱ 800,000.00
₱ 50,000.00 ₱ 50,000.00
₱ 400,000.00 ₱ 400,000.00
₱ 40,000.00 ₱ 40,000.00

Beginning Balance ₱ 800,000.00

Ending balance
Increase/ ₱ 40,000.00
(Decrease) -₱ 760,000.00
 INTEGRA ACCOUNTING SERVICE
GENERAL LEDGER
Account Title: Accounts Receivable
Date Explanation J.R. Debit
1 8/1/2024 To record bookkeeping service. 8
2 15/1/2024 To record 60% payment through bank deposit. 15
3 17/1/2024 To record performed revenues. 17 ₱ 125,000.00
4
ICE
Code: A-130
Credit Balance
₱ 218,000.00 ₱ 218,000.00
₱ 130,800.00 ₱ 130,800.00
₱ 125,000.00

Beginning Balance ₱ 218,000.00

Ending balance
Increase/ ₱ 125,000.00
(Decrease) -₱ 93,000.00