Date Particulars Ref Debit Credit

1/2/2016 Cash 500,000

Mr. Laban Deyro, Capital 500,000
Investment of Mr. Laban Deyro
#
1/4/2016 Cash 3,000
Service Revenue 3,000
Collections from customers
#
1/5/2016 Store Supplies Expense 10,000
Cash 10,000
Purchased store supplies
#
1/7/2016 Cash 8000
Service Revenue 8000
Collections from customers
#
1/9/2016 Accounts Receivable 15,000
Service Revenue 15,000
Provided services to Sikat Hotel
#
1/10/2016 Cash 12,000
Service Revenue 12,000
Collections from customers
#
1/12/2016 Equipment-Washing Machine 50,000
Cash 50,000
Purchased washing machine
#
1/15/2016 Cash 20,000
Service Revenue 20,000
Collections from customers
#
1/19/2016 Utilities Expense 18,000
Cash 18,000
Paid electricity
#
1/20/2016 Cash 15,000
Accounts Receivable 15,000
Payment of Sikat Hotel
#
1/21/2016 Salaries Expense 15,000
Cash 15,000
Payment on salaries
#
1/22/2016 Mr. Laban Deyro, Drawing 18,000
Cash 18,000
withdrawal of Mr. Laban Deyro
#
1/25/2016 Travel Expense 1,500
Cash 1,500
Travel expenses
#
1/26/2016 Tax expense 4,000
Cash 4,000
Tax expenses
#
1/27/2016 Office Supplies Expense 12,500
Cash 12,500
Office Supplies Expense
#
1/28/2016 Cash 5,000
Service Revenue 5,000
Collections from customers
#
1/29/2016 Accounts Receivable 15,000
Service Revenue 15,000
Provide services
722,000 722,000
Account: Cash
Date Item Debit Credit Balance
1/2/2016 Investment 500,000 500,000
1/4/2016 Collections 3,000 503,000
1/5/2016 Payment 10,000 493,000
1/7/2016 Collections 8,000 501,000
1/10/2016 Collections 12,000 513,000
1/12/2016 Purchased 50,000 463,000
1/15/2016 Collections 20,000 483,000
1/19/2016 Payment 18,000 465,000
1/20/2016 Collections 15,000 480,000
1/21/2016 Salaries 15,000 465,000
1/22/2016 Drawings 18,000 447,000
1/25/2016 Travel expense 1,500 445,500
1/26/2016 Tax 4,000 441,500
1/27/2016 Office supplies 12,500 429,000
1/28/2016 Collections 5,000 434,000

Account: Accounts Receivable

Date Item Debit Credit Balance
1/9/2016 15,000 15,000
1/20/2016 15,000 0
1/29/2016 15,000 15,000

Account: Equipment-Washing Machine

Date Item Debit Credit Balance
1/12/2016 Purchased 50,000 50,000

Account: Mr. Laban Deyro, Capital

Date Item Debit Credit Balance
1/2/2016 Initial investment 500,000 500,000

Account: Mr. Laban Deyro, Drawing

Date Item Debit Credit Balance
1/22/2016 Withdrawal 18,000 18,000

Account: Service Revenue

Date Item Debit Credit Balance
1/4/2016 Collection 3,000 3,000
1/7/2016 Collection 8,000 11,000
1/9/2016 Receivable 15,000 26,000
1/10/2016 Collection 12,000 38,000
1/15/2016 Collection 20,000 58,000
1/28/2016 Collection 5,000 63,000
1/29/2016 Receivable 15,000 78,000
Account: Store Supplies Expense
Date Item Debit Credit Balance
1/5/2016 Payment 10,000 10,000

Account: Office Supplies Expense

Date Item Debit Credit Balance
1/27/2016 12,500 12,500

Account: Travel Expense

Date Item Debit Credit Balance
1/25/2016 Travel 1,500 1,500

Account: Tax Expense

Date Item Debit Credit Balance
1/26/2016 Taxes 4,000 4,000

Account: Utilities Expense

Date Item Debit Credit Balance
1/19/2016 Paid electricity 18,000 18,000

Account: Salaries Expense

Date Item Debit Credit Balance
1/21/2016 Salaries 15,000 15,000
MR. LABANDERO
UNADJUSTED TRIAL BALANCE
January 31, 2016

ACCOUNT DEBIT CREDIT

Balance Sheet Accounts
Cash Php 434,000
Accounts Receivable 15,000
Equipment-Washing Machine 50,000
Mr. Laban Deyro, Capital Php 500,000
Mr. Laban Deyro, Drawing 18,000

Income Statement Accounts

Service Revenue 78,000
Store Supplies Expense 10,000
Office Supplies Expense 12,500
Travel Expense 1,500
Tax Expense 4,000
Utilities Expense 18,000
Salaries Expense 15,000
Total Php 578,000 Php 578,000