Henry Labasan Photography Service

General Journal (In Philippine Peso)

Date Account Titles and Particular
October 1 Cash
2013 Labasan, Capital
To record investment by the owner.

3 Prepaid rent
Cash
To record payment for prepaid rent.

5 Equipment
Labasan, Capital
To record investment from the owner.

7 *Memo- ordered with the amount of 54,000 for photography equipment.

8 Office Equipment
Cash
To record acquisition of office equipment.

10 Equipment
Cash
To record acquisition of equipment.

12 Office Supplies
Accounts Payable
To record acquisition of office supplies on account.

13 Cash
Unearned Service Revenue
To record advance payment for service.

17 Accounts Receivable
Service Revenue
To record billed revenue.

19 Accounts Payable
Cash
To record payment of office supplies.

25 Utilities Expense
Cash
To record payment of electricity bill.
26 Telecommunication Expense
Cash
To record payment telephone bill.

28 Cash
Accounts Receivable
To record cash received for service rendered.

29 Salaries Expense
Cash
To record payment of salaries.

30 Cash
Unearned Service Revenue
To record advance payment from customers.

31 Labasan, Drawing
Cash
To record withdrawal.
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PR Debit Credit
GJ-1 350,000
GJ-1 350,000

GJ-1 40,500
GJ-1 40,500

GJ-1 129,000
GJ-1 129,000

GJ-1

GJ-1 54,000
GJ-1 54,000

GJ-1 75,000
GJ-1 75,000

21,000
GJ-1 21,000

GJ-1 11,400
GJ-1 11,400

GJ-1 22,500
GJ-1 22,500

GJ-2 10,500
GJ-2 10,500

GJ-2 3,600
GJ-2 3,600
GJ-2 2,100
GJ-2 2,100

GJ-2 7,500
GJ-2 7,500

GJ-2 12,000
GJ-2 12,000

GJ-2 1,500
GJ-2 1,500

GJ-2 16,000
GJ-2 16,000
Date Voucher 1 Payee Particular Checking
1-Oct To record investment by the owner. 0
3-Oct To record payment for prepaid rent. 0
5-Oct To record investment from the owner. 0
8-Oct To record acquisition of office equipment. 0
10-Oct To record acquisition of equipment. 0
12-Oct To record acquisition of office supplies on account 0
13-Oct 21,000 To record advance payment for service. 0
17-Oct To record billed revenue. 0
19-Oct To record payment of office supplies. 0
25-Oct To record payment of electricity bill. 0
26-Oct To record payment telephone bill. 0
28-Oct To record cash received for service rendered. 0
29-Oct To record payment of salaries. 0
30-Oct To record advance payment from customers. 0
31-Oct To record withdrawal. 0
TOTAL
 Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accounts Payable
350,000
-40,500 40,500
129,000
-54,000 54,000
-75,000 75,000
21,000 -21,000
11,400
22,500
-10,500 10,500
-3600
-2,100
7,500 -7,500
-12,000
1,500
-16,000
156,700 15,000 21,000 40,500 258,000 -10,500
Unearned Service Revenue Labasan, Capital Labasan, Drawing Service Revenue Salaries Expense
-350,000

-129,000

-11,400
-22,500

12,000
-1,500
16,000
-12,900 -479,000 16,000 -22,500 12,000
Telecommunication Expense Utilities Expense

3,600
2,100

2,100 3,600
 Labasan Photography Service
Trial Balance
For the month ended October 31, 2013

Folio no. Account Title Debit Credit

Cash 156,700
Accounts Receivable 15,000
Office Supplies 21,000
Prepaid Rent 258,000
Equipment 40,500
Accounts Payable 10,500
Unearned Service Revenue 12,900
Labasan, Capital 479,000
Labasan, Drawing 16,000
Service Revenue 22,500
Salaries Expense 12,000
Telecommunication Expense 2,100
Utilities Expense 3,600
TOTAL 524,900 524,900