SY INTERNET

CHART OF ACCOUNTS:
CURRENT ASSETS NON-CURRENT LIABILITIES
CASH DECREASE-CREDIT NOTES PAYABLE
PREPAID RENT INCREASE-CREDIT
SUPPLIES DECREASE-DEBIT

NON-CURRENT ASSETS EQUITY/CAPITAL

EQUIPMENT INCREASE-DEBIT SY, CAPITAL
FURNITURE AND FIXTURES

Cass Sy puts up her own internet business. The following are the transactions for the month of June.

Jun-01 Ms. Sy opened up an internet shop by investing her savings of P50,000

and the proceeds from the sale of her car P150,000
Jun-04 She hired two workers to assist her in the shop.
Jun-07 Two-month rent deposit was paid in cash, P15,00
Jun-15 Paid P20,000 for the repairs of the building, P5,000 for the tables and
chairs, P30,000 for an air conditioner unit.
Jun-23 Bought supplies on for cash, P2,000
Jun-30 The shop was ready for installation of the computer units. She purchased
Ten(10) units of computer hardware. She paid 50% in cash for P50,000 and a note for the b

5 POINTS
DATE PARTICULARS PR DEBIT CREDIT
Jun-01 CASH 200, 000
SY, CAPITAL 200, 000
Jun-07 PREPAID RENT 15, 000
CASH 15, 000
Jun-15 REPAIRS AND MAINTENANCE 20, 000
FURNITURE AND FIXTURES 5, 000
EQUIPMENT 30, 000
CASH 55, 000
Jun-23 SUPPLIES 2, 000
CASH 2, 000
Jun-30 EQUIPMENT 100, 000
CASH 50, 000
NOTES PAYABLE 50, 000

13 POINTS
SY INTERNET SHOP
TRIAL BALANCE
JUNE 30, 2021
CASH 78, 000
PREPAID RENT 15, 000
SUPPLIES 2, 000
EQUIPMENT 130, 000
FURNITURE AND FIXTURES 5, 000
NOTES PAYABLE 50, 000
SY, CAPITAL 200, 000
REPAIRS AND MAINTENANCE 20, 000
250, 000 250, 000
 SY INTERNET SHOP

RENT LIABILITIES REVENUES/INCOME

SERVICE INCOME

EXPENSES
REPAIRS AND MAINTENANCE

0,000 and a note for the balance payable om 24 monthly installment starting August 20, 2020.

8 POINTS
CASH PREPAID RENT
06/01/2022-200, 000 06/07- 15, 000 06/07- 15, 000
06/15- 55, 000
06/30- 50, 000 15, 000
06/23-2,000
200, 000 122, 000
78, 000 NOTES PAYABLE
FURNITURE AND FIXTURES
06/15- 5, 000

5, 000

REPAIRS AND MAINTENANCE

06/15- 20, 000

20, 000
 PREPAID RENT SUPPLIES EQUIPMENT
06/23- 2, 000 06/15- 30, 000
06/30- 100, 000
2, 000 130, 000

NOTES PAYABLE SY, CAPITAL

06/30- 50, 000 06/01- 200, 000

50, 000 200, 000

EPAIRS AND MAINTENANCE

EQUIPMENT
 MODULAR ENTREPRENEURSHIP
28/28 30/30 10 5
NAME SECTION WK1 WK 2 WK 3 WK 4
ABCEDE, JOANA YURI PATIENCE 12 21

28/28 30/30 10 5
PERSEVERANCE WK1 WK 2 WK 3 WK 4

28/28 30/30 10 5
PRUDENCE WK1 WK 2 WK 3 WK 4
BAYO, RHEY ANN U 30 10 5
ONGOS, RHODA M. 30 10 5
RONDINA, JACKLYN 22 20 5
 10 5 JOURNAL 8 T-ACCOUNT 13 TRIAL BALANCE
WK 5 WK 6 WK 7 WK 8
5 13

10 5 JOURNAL 8 T-ACCOUNT 13 TRIAL BALANCE

WK 5 WK 6 WK 7 WK 8

10 10 JOURNAL 8 T-ACCOUNT 13 TRIAL BALANCE

WK 5 WK 6 WK 7 WK 8
13 10 8 13
13 10 8 13
9 10 8 13