POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT

Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Catherine Roze C. Gellido

BSC CECD 4-4 Methods of Teaching Accounting for POs/NGOs

ACTIVITY /WORKSHOP IV
(General Ledger)
1. Isulat at pagsama samahin ang mga Account titles na madalas gamitin
2. Lagyan ng number ayon sa pagkakasunod sunod na grupo
a. 101: ASSET
b. 201: LIABILITIES
c. 301: MEMBERS EQUITY
d. 401: INCOME
e. 501: EXPENSES

WORKSHOP 4 GENERAL LEDGER

SUMMARIZING PHASE
101:ASSETS
ACCOUNT CASH PAGE NO. 1
NO. 101
DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 01 Received payment CRJ 400.00 Jan. 06 Purchased office CDJ 1 700.00
for shared capital and 1 supplies
membership fee –
Ana B
Jan. 01 Received payment CR 300.00 Jan. 07 Purchased office CDJ 1 24,000.00
for shared capital and 1 equipment -
membership fee – computer
Beth C..
Jan. 02 Received payment CRJ 100,000.00 Jan. 09 Disbursed payment CDJ 1,940.00
for savings deposit – 1 for loan release -
Carlos D. Lumen M.
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 03 Received payment CRJ 3,120.00 Jan. 09 Disbursed payment CDJ 3,880.00
for livelihood loan from loan release -
with interest and Mario N.
service fee – Dina E.
Jan. 03 Received payment CRJ 2,080.00 Jan. 10 Disbursed payment CDJ 2 2,000.00
for livelihood loan 1 for withdrawal –
with interest and Carlos D.
service fee – Emong
F.
Jan. 03 Received payment CRJ 5,200.00 Jan. 11 Disbursed payment CDJ 2 500.00
for livelihood loan 2 for electric bill
with interest and
service fee – Fely G.
Jan. 03 Received payment CRJ 10,400.00 Jan. 12 Disbursed payment CDJ 2 400.00
for livelihood loan 2 for water bill
with interest and
service fee – Carla D.
Jan. 03 Received payment CRJ 10,400.00 Jan. 13 Disbursed payment CDJ 10,000.00
for livelihood loan 2 from livelihood loan
with interest and release - Nancy O.
service fee – Susan
T.
Jan.04 Received payment CRJ 100,000.00 Jan. 13 Disbursed payment CDJ 12, 000.00
from loan of coop 2 for livelihood loan
with interest and release - Olive P.
service fee
Jan. 05 Received payment CRJ 600.00 Jan. 13 Disbursed payment CDJ 13,000.00
for shared capital and 2 for livelihood loan
membership fee – release - Pilar Q.
Gina H.
Jan. 05 Received payment CRJ 600.00 Jan. 13 Disbursed payment CDJ 15,000.00
for shared capital and 2 for livelihood loan
membership fee – release - Leny
Hector I.
Jan. 08 Received payment CRJ 1,000.00 Jan. 13 Disbursed payment CDJ 15,000.00
for savings deposit – 3 for livelihood loan
Inciong J. release - Rina
Jan. 08 Received payment CRJ 2,000.00 Jan. 14 Disbursed payment CDJ 350.00
for savings deposit – 3 for meetings and
Joan K. conferences
Jan. 08 Received payment CRJ 500.00 Jan. 15 Disbursed payment CDJ 500.00
for savings deposit- 3 for travel and
Karlo L. transportation
Jan. 17 Received payment CRJ 1,000.00 Jan. 16 Disbursed payment CDJ 5,100.00
for capital build-up – 3 for salaries and
Gina H. wages (manager)
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 17 Received payment CRJ 1,000.00 Jan.16 Disbursed payment CDJ

for capital build-up – 3 for salaries and 2,400.00
Hector I. wages
(bookkeeper)
Jan. 31 Cash receives for crj 238,600.00 Jan.16 Disbursed payment CDJ 1,500.00
the month for salaries and
wages (collector)
Jan. 18 Disbursed payment CDJ 4,700.00
from released
regular loan –
Queenie R.
Jan. 18 Disbursed payment CDJ 5,640.00
from released
regular loan –
Remy S.
Jan. 18 Disbursed payment CDJ 6,580.00
from released
regular loan –
Susan T.
Jan. 18 Disbursed payment CDJ 7,520.00
from released
regular loan – Tina
U.
Jan. 18 Disbursed payment CDJ 8,460.00
from released
regular loan – Unice
V.

Jan. 31 Cash disbursed cdj 141,171.00

BALANCE 97,430.00

ACCOUNT NO. 102 Loan Receivable PAGE NO. 1

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 09 Payment from loan CDJ 2,000.00 Jan. 03 Received payment CRJ 3,000.00
release with interest for livelihood loan–
and service fee- Lumen Dina E.
M..
Jan.09 Payment from loan CDJ 4,000.00 Jan. 03 Received payment CRJ 2,000.00
release with interest for livelihood loan–
and service fee- Mario Emong F.
N.
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 13 Payment from CDJ 12,360.00 Jan. 03 Received payment CRJ 5,000.00
livelihood loan release for livelihood loan–
with interest and Fely G.
service fee- Nancy O.
Jan.13 Payment from CDJ 14,832.00 Jan. 03 Received payment CRJ 10,000.00
livelihood loan release for livelihood loan–
with interest and Carla D.
service fee- Olive P.
Jan.13 Payment from CDJ 16,068.00 Jan. 03 Received payment CRJ 10,000.00
livelihood loan release for livelihood loan–
with interest and Susan T.
service fee- Pilar Q.
Jan.13 Payment from CDJ 18,540.00 Jan.31 CRJ 30,000.00
livelihood loan release
with interest and
service fee- Leny
Jan.13 Payment from CDJ 18,540.00
livelihood loan release
with interest and
service fee- Rina
Jan. 18 Payment from released CDJ 5,000.00
regular loan – Queenie
R
Jan. 18 Payment from released CDJ 6,000.00
regular loan – Remy S.
Jan. 18 Payment from released CDJ 7,000.00
regular loan – Susan T.
Jan. 18 Payment from released CDJ 8,000.00
regular loan – Tina U.
Jan. 18 Payment from released CDJ 9,000.00
regular loan – Unice V.
Jan.31 Loan receivables for CDJ 121,340.00
the month
BALANCE 91,340.00

ACCOUNT NO. 103 Office equipment PAGE NO. 2

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 07 Purchased office CDJ 24,000.00
equipment - computer
BALANCE 24,000.00

ACCOUNT NO. 104 Office supplies (un used) PAGE NO. 3

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 06 Purchased Office CDJ 700.00

supplies
BALANCE 700.00

201: LIABILITIES
ACCOUNT Savings deposit PAGE NO. 3
NO. 201
DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 10 Withdrawal – Carlos D. CDJ 2,000.00 Jan. 02 Received payment CRJ 100,000.00
for savings deposit –
Carlos D
2,000.00 Jan. 08 Received payment CRJ 1,000.00
for savings deposit –
Inciong J.
Jan. 08 Received payment CRJ 2,000.00
for savings deposit –
Joan K..
Jan. 08 Received payment CRJ 500.00
for savings deposit –
Karlo L.
103,500.00
BALANCE 101,500.00

ACCOUNT NO. 202 Loan payable PAGE NO. 3

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 04 Received payment CRJ 100,000.00
from loan acquired by
coop from DAR

BALANCE 100,000.00

ACCOUNT NO. 203 Accounts payable PAGE NO. 4

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

BALANCE 0

ACCOUNT NO. 204 EC/SSS/Payable PAGE NO. 4

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 16 Disbursed salaries CDJ 300.00
and wages with SSS
deduction (Manager)
Jan. 16 Disbursed salaries CDJ 300.00
and wages with SSS
deduction
(Bookkeeper)
Jan. 16 Disbursed salaries CDJ 300.00
and wages with SSS
deduction (Collector)

BALANCE 900.00

ACCOUNT NO. 205 Withholding tax payable PAGE NO. 4

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 16 Disbursed salaries CDJ 600.00
and wages with
withholding tax
deduction (Manager)
Jan. 16 Disbursed salaries CDJ 300.00
and wages with
withholding tax
deduction
(Bookkeeper)
Jan. 16 Disbursed salaries CDJ 200.00
and wages with
withholding tax
deduction (Collector)

BALANCE 1,100.00

301: MEMBERS’ EQUITY

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

ACCOUNT Share capital PAGE NO. 5

NO. 301
DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 01 Received payment for CRJ 300.00
shared capital – Ana
B
Jan. 01 Received payment for CRJ 200.00
shared capital – Beth
C.
Jan. 05 Received payment for CRJ 500.00
shared capital – Gina
H.
Jan. 05 Received payment for CRJ 500.00
shared capital –
Hector I.
Jan. 17 Received payment for CRJ 1,000.00
capital build-up- Gina
H.
Jan. 17 Received payment for CRJ 1,000.00
capital build-up-
Hector I.
BALANCE 3,500.00

401: INCOME/REVENUES
ACCOUNT Interest income PAGE NO. 5
NO. 401
DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 03 Interest received CRJ 90.00
payment from
livelihood loan–
Dina E.
Jan. 03 Interest received CRJ 60.00
payment from
livelihood loan –
Emong F.
Jan. 03 Interest received CRJ 150.00
payment from
livelihood loan –
Fely G.
Jan. 03 Interest received CRJ 300.00
payment from
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

livelihood loan –
Carla D.
Jan. 03 Interest received CRJ 300.00
payment from
livelihood loan –
Susan T.
Jan. 09 Interest received CDJ 40.00
payment from
livelihood loan -
Lumen M.
Jan. 09 Interest received CDJ 80.00
payment from
livelihood loan -
Mario N.
Jan. 13 Interest received CDJ 2,160.00
payment from
livelihood loan -
Nancy O.
Jan. 13 Interest received CDJ 2,592.00
payment from
livelihood loan –
Olive P.
Jan. 13 Interest received CDJ 2,808.00
payment from
livelihood loan –
Pilar Q.
Jan. 13 Interest received CDJ 3,240.00
payment from
livelihood loan -
Leny
Jan. 13 Interest received CDJ 3,240.00
payment from
livelihood loan -
Rina
Jan. 18 Interest received CDJ 250.00
payment from
regular loan –
Queenie R.
Jan. 18 Interest received CDJ 300.00
payment from
regular loan –
Remy S.
Jan. 18 Interest received CDJ 350.00
payment from
regular loan –
Susan T.
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 18 Interest received CDJ 400.00

payment from
regular loan – Tina
U.
Jan. 18 Interest received CDJ 450.00
payment from
regular loan –
Unice V.

BALANCE 16, 810.00

ACCOUNT NO. 402 Service fee PAGE NO. 6

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 03 Service fee from Dina CRJ 30.00
E.
Jan. 03 Service fee from CRJ 20.00
Emong F.
Jan. 03 Service fee from Fely CRJ 50.00
G.
Jan. 03 Service fee from CRJ 100.00
Carla D.
Jan. 03 Service fee from CRJ 100.00
Susan T.
Jan. 09 Service fee from CDJ 20.00
Lumen M.
Jan. 09 Service fee from CDJ 40.00
Mario N.
Jan. 13 Service fee from CDJ 200.00
Nancy O.
Jan. 13 Service fee from CDJ 240.00
Olive P.
Jan. 13 Service fee from Pilar CDJ 260.00
Q.
Jan. 13 Service fee from CDJ 300.00
Leny
Jan. 13 Service fee from Rina CDJ 300.00
Jan. 18 Service fee from CDJ 50.00
Queenie R.
Jan. 18 Service fee from CDJ 60.00
Remy S.
Jan. 18 Service fee from CDJ 70.00
Susan T..
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 18 Service fee from Tina CDJ 80.00

U.
Jan. 18 Service fee from CDJ 90.00
Unice V.

BALANCE 2,010.00

ACCOUNT NO. 403 Membership fee PAGE NO. 7

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 01 Received payment CRJ 100.00
for membership fee –
Ana B
Jan. 01 Received payment CRJ 100.00
for membership fee –
Beth C.
Jan. 04 Received payment CRJ 100.00
for membership fee –
Gina H.
Jan. 01 Received payment CRJ 100.00
for membership fee –
Hector I.

BALANCE 400

501: EXPENSES
ACCOUNT Salaries and wages PAGE NO. 7
NO. 501
DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT
Jan. 16 Disbursed salaries and CDJ 6,000.00
wages
Jan. 16 Disbursed salaries and CDJ 3,000.00
wages
Jan. 16 Disbursed salaries and CDJ 2,000.00
wages

BALANCE 11,000.00

ACCOUNT NO. 502 Office supplies expense PAGE NO. 7

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
COLLEGE OF SOCIAL SCIENCES AND DEVELOPMENT
Department of Cooperatives and Social Development
Mabini Campus, Sta. Mesa, Manila, Philippines

Jan. 14 Disbursed payment for CDJ 50.00

xerox materials in
meeting

BALANCE 50.00

ACCOUNT NO. 503 Meetings and conferences PAGE NO. 8

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 14 Disbursed payment for CDJ 300.00
meeting

BALANCE 300.00

ACCOUNT NO. 504 Travel and transportation PAGE NO. 8

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 15 Disbursed payment for CDJ 500.00
travel and
transportation

BALANCE 500.00

ACCOUNT NO. 505 Power, light and water PAGE NO. 8

DATE PARTICULAR PR DEBIT DATE PARTICULAR PR CREDIT

Jan. 11 Disbursed payment for CDJ 500.00
electric bill
Jan. 12 Disbursed payment for CDJ 400.00
water bill

BALANCE 900.00