Problem 13

 

  ROBLEM 13 JOURNALIZING TRANSACTION

Evangeline Jamili Landscaping Service has the following completed transactions: Marc Ma rchh 1 4 6 7

Ja Jami milili de depo posi site tedd P20 P200, 0,00 0000 in in a ba bank nk acco accoun untt on on tthe he na name me of th thee bus busin ines ess. s. Jamili Jamili inv inves ested ted perso personal nal garde gardenin ningg equ equipm ipment ent,, with with a ffair air marke markett value value of P10,00 P10,000, 0, in in tthe he busi busines ness. s. Boug Bought ht a us used ed trai traile lerr on on acc accooun untt fro from m Sala Sala Sale Sales, s, P8,5 P8,500 00.. Paid rent for the month, P6,000.

9 10 13 14 15 17 19 22 24 28 29

Bo Bough ughtt a us used ed back backhoe hoe from from Mobi Mobile le E Equ quipm ipmen ent, t, P62, P62,000 000,, ppay aying ing P30,00 P30,0000 iinn cash cash and and the the bala balanc ncee on on account. Boug Bought ht liab liabililitityy ins insur uran ance ce for for oone ne year year,, P9, P9,00 000. 0. Pe Perfo rforme rmedd lands landscap caping ing servi service cess on accou account nt for Tindoy Tindoy Co Comp mpany any,, P P34 34,20 ,200. 0. Bo Boug ught ht su supp pplilies es on acco accoun untt fro from m Off Offic icee Déc Décor or,, P P2, 2,40 400. 0. Pe Perfo rforme rmedd lland andsc scapi aping ng servi service cess on on aacco ccount unt for Uri Urios os Unive Universi rsity, ty, P2 P25,6 5,600. 00. Receiv Received ed and and paid paid the bill bill from from D Dee Leon Leon Servic Services es for for gas gas and and oil oil ffor or equ equipm ipmen ent, t, P1,4 P1,400. 00. Pe Perfo rforme rmedd lands landscap caping ing servi service cedd for for Calimp Calimpusa usann on cash cash basis, basis, P18,80 P18,800. 0. Paid Paid ac acccount ntss to Sa Sala la Sales les, P4,00 4,000. 0. Coll Collec ecte tedd acco accoun unts ts fro from m Tin Tindo doyy Com Compa pany ny,, P7,0 P7,000 00.. Pe Perfo rforme rmedd lland andsc scapi aping ng servi service cess on on aacco ccount unt for Gucela Gucela Co Compa mpany, ny, P16,2 P16,250 50.. Rece Receiv ived ed an andd pai paidd tthe he tele teleph phon onee bil bill,l, P1,8 P1,860 60..

30 31

Paid Paid the the sal salar arie iess of the the emp emplo loye yees es,, P13 P13,4 ,400 00.. Ja Jami milili wi with thdr drew ew cash cash for for per perso sona nall use use,, P14 P14,0 ,000 00.. EVANGELINE JAMILI LANSCA ING SERVICE JOURNALIZING TRANSACTION FOR THE MONTH ENDED OF MARCH 31, 2020 ACCOUNTS AND EX LANATIONS DEBIT

DATE

Mar

1

4

6

7

9

10

13

Cash   Jamili, Capital

200,000.00

Equipment   Jamili, Capital

10,000.00

200,000.00

10,000.00

Eqquipment E   Accounts Payable

8,500.00

Rent Expense   Ca Cash

6,000.00

Equipment   Ca Cash   Accounts Payable Prepaid Insurance   Ca Cash Accounts Receivable   Landscaping Revenue

CREDIT

8,500.00

6,000.00 62,000.00 30,000.00 32,000.00 9,000.00 9,000.00 34,200.00 34,200.00

 

14

15

17

19

22

24

28

29

30

31

Supplies Expense   Accounts Payable Accounts Receivable   Landscaping Revenue Gas and Oil Expense   Ca Cash Cash   Landscaping Revenue

2,400.00 2,400.00 25,600.00 25,600.00 1,400.00 1,400.00 18,800.00 18,800.00

Accounts Payable   Ca Cash

4,000.00

Cash   Accounts Receivable

7,000.00

Accounts Receivable   Landscaping Revenue

16,250.00

4,000.00

7,000.00

16,250.00

Utilities Expense   Ca Cash

1,860.00

Salaries Expense   Ca Cash

13,400.00

Jamili, Withdrawals   Ca Cash

14,000.00

1,860.00

13,400.00

14,000.00