Assignmenteu number three PDF

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BSIT 1-PROBLEM 3-1 JOURNALIZATIONWINSTON ENTERPRISESGENERAL JOURNALJanuary 2020DATE DESCRIPTION P/R DEBIT CREDIT2020Jan 2 Cash ₱ 50,000.Winston, Capital ₱ 50,000.Invested cash4 Taxes and Licenses 550.Cash 550.Taxes and Licenses7 Supplies 6,000.Cash 6,000.Supplies8 Furniture and Fixtures 12,500.Cash ...

Description

Magtalas, Neariah Rose M. BSIT 1-2

PROBLEM 3-1 JOURNALIZATION

WINSTON ENTERPRISE GENERAL JOURNAL January 2020

DATE 2020 Jan

DESCRIPTION 2

Cash Winston, Capital Invested cash

4

Taxes and Licenses Cash Taxes and Licenses

7

Supplies Cash Supplies

8

Furniture and Fixtures Cash Accounts Payable Purchased furniture and fixture from Rhea Trading 10% down with balance on account

9

Rent Expense Cash

Magtalas, Neariah Rose M. BSIT 1-2

Magtalas, Neariah Rose M. BSIT 1-2 PROBLEM 3-2 JOURNALIZATION

Marlon Balista’s Medical Services Availed equipment on account 25

Miscellaneous Expense

2,4

Cash Miscellaneous expense 27

Winston, Drawing

7,0

Cash Personal Use 29

Utilities Expense Cash Paid light, telephone and water for the month

12,6

31

Salary Expense

38,0

Cash Paid Salaries for the second half of the month

₱ 269,300.

TOTAL

GENERAL JOURNAL February 2020 DATE

DESCRIPTION

2020 Feb 1

Cash

P/R

DEBIT

₱ 150,000

Balista' Capital Invested cash

3

Equipment

62,000.00

Cash Notes Payable Purchased medical equipment in cash and the balance on the notes payable 4

Supplies Cash Medical supplies

12,000,00

Medical supplies 7

Rent Expense

6,000.00

Medical Revenue Billed medical services to a client

15

Salaries Expense

26,400.00

Cash Paid salaries to employees 17

Laboratory Expense

3,000.00

Cash Paid another doctor for preparing laboratory services on a patient 20

Accounts Payable

2,500.00

Cash Paid creditors on account

Magtalas, Neariah Rose M. BSIT 1-2 22

Insurance Expense Cash Paid Insurance premium for the quarter

23

Miscellaneous Expense Cash Miscellaneous expenses

25

Cash Accounts Receivable Received cash from patient

34,000.00

27

Salaries Expense Cash

58,500.00

Paid salaries of medical technician and other employees 28

Cash

68,500.00

Service Revenue Received cash from cash patients TOTAL

₱ 487,30

Magtalas, Neariah Rose M. BSIT 1-2 GENERAL LEDGER 3-2 General Ledger Sheet Account: Cash Date

Sheet No: 1 Account No: 11 Details

2020 01-Feb 03 04 07 08 13 15 17 20 22 23 25 27 28

Ref.

To Balista, Capital By Medical Equipment By Medical Supplies By Rent Expense To Medical Revenue By Accounts Receivable By Salary Expense By Laboratory Expense By Accounts Payable By Insurance Expense By Miscellaneous Expense To Accounts Receivable By Salary Expense To Service Income TOTAL

150,000.00

JI

₱

13 25

20,000.00 12,000.00 6,000.00 15,000.00 34,000.00 26,400.00 3,000.00 2,500.00 4,700.00 2,200.00 34,000.00 58,500.00 68,500.00 267,500.00

Ref.

Debit

To Medical Revenues

JI

15,000.00

To Medical Revenues To Medical Revenues

JI JI

34,000.00 34,000.00

₱

TOTAL

Sheet No: 3

Account: Medical Supplies

Account No: 13

2020 04-Feb

169300.

Details

Ref.

To Cash

JI

TOTAL

Debit

12,000.00

₱

Credit

83,000.00

General Ledger Sheet

Date

₱

Sheet No: 2 Account No: 12

Details

2020 08-Feb

Credit

JI JI JI JI JI JI JI JI JI JI JI JI JI JI

General Ledger Sheet Account: Accounts Receivable Date

Debit

12,000.00

Credit...