Saba.

Co
Balance Sheet
Journal Entry
Date

2020
January

1 Cash in Bank Php 70,000

Saba.Co Capital Php 70,000

Equipment Php 1,564.00

Cash Php 1,564.00

2-4 Prod’n Materials and Supplies Php 3,735.00

Cash Php 3,735.00

2-31 Other Incidental Expenses Php 2,100.00

Cash Php, 2,100.00

6-11 Prod’n Materials and Supplies Php 7,470.00

Cash in Bank Php 7,470.00

13-18 Prod’n Materials and Supplies Php 7,470.00

Cash in Bank Php 7,470.00

20-25 Prod’n Materials and Supplies Php 7,470.00

Cash in Bank Php 7,470.00

27-31 Prod’n Materials and Supplies Php 6,225.00

Cash in Bank Php 6,225.00

31 Manpower Php 31,590.00

Salaries Php 31,590.00

Cash in Bank Php 50, 176.00

Cash (Profit of the month) Php 50,176.00

February

3-8 Prod’n Materials and Supplies Php 7,470.00

Cash Php 7,470.00

3-31 Other Incidental Expenses Php 2,100.00

Cash Php, 2,100.00

10-15 Prod’n Materials and Supplies Php 7,470.00

Cash Php 7,470.00

17-22 Prod’n Materials and Supplies Php 7,470.00

Cash Php 7,470.00

24-29 Prod’n Materials and Supplies Php 7,470.00

Cash Php 7,470.00

29 Manpower Php 31,590.00

Salaries Php 31,590.00