GENERAL Journal

Date Particulars DR CR
1 Bad Debt Expense 650.00
Allowance for Bad Debt 650.00
To record allowance

2 Supplies Expense 500.00

Unused Supplies 500.00
To record adjusted supplies record

3 Depreciation Expense 2,700.00

Accumulated Depreciation Expense - Furniture 2,700.00
To record depreciation

4 Depreciation Expense 1,167.00

Accumulated Depreciation Expense - Equipment 1,167.00
To record depreciation

5 Interest Expense 70.00

Interest Payable 70.00
To record accrued interest

6 Salaries Expense 2,500.00

Salaries Payable 2,500.00
To record accrued salaries

7 Prepaid Advertising 500.00

Advertising Expense 500.00
To adjust advertising expense

8 Rent Income 1,000.00

Unearned Rent Income 1,000.00
To record

9 Utilities Expense 4,400.00

Rent Expense 4,400.00
To correct rent and utility expense
General Ledger Cash
Date Particular Debit Credit Balance
Beginning 50,575.00 50,575.00

General Ledger Equipment

Date Particular Debit Credit Balance
Beginning 15,000.00 15,000.00

General Ledger Land

Date Particular Debit Credit Balance
Beginning 103,505.00 103,505.00

General Ledger Accounts Payable

Date Particular Debit Credit Balance
5,770.00 5,770.00
General Ledger Unused Supplies
Date Particular Debit Credit Balance
750.00 750.00
31-Dec 500.00 250.00

General Ledger Furniture & Fixtures

Date Particular Debit Credit Balance
27,000.00 27,000.00

General Ledger Depreciation Expense

Date Particular Debit Credit Balance

31-Dec 2,700.00
1,167.00 3,867.00

General Ledger Accounts Receivable

Date Particular Debit Credit Balance
Beginning 18,500.00 18,500.00

General Ledger Allowance for Bad Debts

Date Particular Debit Credit Balance
Beginning 1,200.00 1,200.00
650.00 1,850.00

General Ledger Utility Expense

Date Particular Debit Credit Balance
Beginning Trial Balance 6,600.00
4,400.00 11,000.00

General Ledger Taxes Expense

Date Particular Debit Credit Balance
Beginning Trial Balance 2,000.00

General Ledger Allowances

Date Particular Debit Credit Balance
2,500.00

General Ledger Rent Expense

Date Particular Debit Credit Balance
Beginning 20,000.00
4,400.00 15,600.00

General Ledger Massage Revenue

Date Particular Debit Credit Balance
120,500.00

General Ledger Salaries Expense

Date Particular Debit Credit Balance
17,500.00
2,500.00 20,000.00

General Ledger Salaries Payable

Date Particular Debit Credit Balance

2,500.00
General Ledger Supplies Expense
Date Particular Debit Credit Balance

31-Dec 500.00 500.00

General Ledger Bad Debt Expense

Date Particular Debit Credit Balance
Beginning Bal
31-Dec 650.00 650.00

General Ledger Philhealth Premiums Payable

Date Particular Debit Credit Balance
350.00

General Ledger Notes Payable

Date Particular Debit Credit Balance
20,000.00

General Ledger Withholding Taxes Payable

Date Particular Debit Credit Balance
875.00

General Ledger SS Premiums Payable

Date Particular Debit Credit Balance
525.00

General Ledger Accumulated Depreciation-Equipment

Date Particular Debit Credit Balance
1,900.00
1,167.00 3,067.00

Cases, Capital
Date Particular Debit Credit Balance
117,010.00

Cases, Drawings
Date Particular Debit Credit Balance
1,000.00

Rent Income
Date Particular Debit Credit Balance
Beginning 1,500.00
31-Dec 1,000.00 500.00

Food & Beverage Expense

Date Particular Debit Credit Balance
2,900.00

Advertising Expense
Date Particular Debit Credit Balance
3,000.00
500.00 2,500.00

Discount
Date Particular Debit Credit Balance
1,500.00

General Ledger Interest Expense

Date Particular Debit Credit Balance

70.00

General Ledger Interest Payable

Date Particular Debit Credit Balance

70.00 70.00
NAKATIHAYA MASSAGE PARLOR
TRIAL BALANCE
AS OF DECEMBER 31, 2020
Debit Credit
Cash 50,575.00
Accounts Receivable 18,500.00
Allowance for Bad Debts 1,850
Merchandise Inventory 43,505.00
Supplies 500.00
Furniture & Fixtures 27,000.00
Accumulated Depreciation - Furniture 8,100.00
Equipment 15,000.00
Accumulated Depreciation - Equipment 6,900.00
Notes Payable 20,000.00
Accounts Payable 5,770.00
Withholding Taxes Payable 875
SS Premiums Payable 525
Philhealth Premiums Payable 350.00
Cases, Capital 167,010
Cases, Deawings 1,000.00
SPA Sales 123,500
Purchases 52,500.00
Repair Expense 5,900
Advertising Expense 4,000
Transportation Expense 2,900
Rent Expense 15,600
Salaries Expense 20,000
Taxes Expense 2,000
Utilities Expense 16,600
Rent Income 500
Bad Debt Expense 650
Supplies Expense 250
Depreciation Expense 10,400
Interest Expense 150
Interest Payable 150
Salaries Payable 2,500.00
Prepaid Advertising 2,000
Unearned Rent Income 1,000
Utilities Payable 10,000
Cost of Goods Sold 60,000

349,030.00 349,030

349,030.00
 General Ledger
Date Particular Debit
beginning

Equipment

Accumulated Depreciation-Furniture
Credit
2,700.00
2,700.00

Date Particular Debit

31-Dec

Unearned Rent
Credit

1,000.00

Date Particular Debit

500.00
Prepaid Advertising
Credit
NAKATIHAYA MASSAGE PARLOR
TRIAL BALANCE
AS OF DECEMBER 31, 2020
Debit Credit
Cash 50,575.00
Equipment 15,000.00
Land 103,505.00
Unused Supplies 250.00
Accounts Payable 5,770.00
Furniture & Fixtures 27,000.00
Depreciation Expense 3,867.00
Accounts Receivable 18,500.00
Allowance for Bad Debts 1,850.00
Utility Expense 11,000.00
Taxes Expense 2,000
Allowances 2,500.00
Rent Expense 15,600.00
Massage Revenue 120,500.00
Salaries Expense 20,000.00
Salaries Payable 2,500.00
Supplies Expense 500.00
Bad Debt Expense 650.00
Philhealth Premiums Payable 350
Notes Payable 20,000
Withholding Taxes Payable 875
SS Premiums Payable 525
Accumulated Depreciation-Equipment 3,067.00
Accumulated Depreciation-Furniture 5,400
Cases, Capital 117,010
Cases, Drawing 1,000.00
Rent Income 500
Food & Beverage Expense 2900
Advertising Expense 2500
Discount 1500
Interest Expense 70
Interest Payable 70
Unearned Rent 1000
Prepaid Advertising 500
279,417.00 279,417.00
Depreciation-Furniture
Balance

5,400.00

Balance

1,000.00
Balance

500.00