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OR No Da 100714 100715 Jan Jan

OR No Da 100714 100715 Jan Jan

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information was taken from the National Government (NG) Books: Date Particulars OR No 100714 100715 Amount Miscellaneous Income from Ms. Luisito Rent Income from GMA Enterprise for the use of sports facilities Fines and Penalties Income from Government Business Operation from Mr. Noli Laboratory fee paid by Ms. Rosalie Collection of receivables from DOLE Jan. 16, 2012 Jan. 18, 2012 2,500 18,000 Jan. 22, 2012 100716 100717 15,000 Jan. 28, 2012 100718 100719 Jan. 29, 2012 Jan. 30, 2012 16,000 5,000 53,000 Deposits of collections based on the above information: BTr thru Date Date BTr thru AGDB AGDB Jan. 3, 2012 Jan. 8, 2012 Jan. 10, 2012 Jan. 15, 2012 Jan. 16, 2011 50,000 (NG) 6,000 (RA) 150,000 (RA) 20,000 (RA) 2,500 (NG) Jan. 18, 2012 Jan. 22, 2012 Jan. 28, 2012 Jan. 29, 2012 Jan. 30, 2012 10,000 (NG) 15,000 (NG) 16,000 (NG) 5,000 (NG) 53,000 (NG) quired: Journalize all the transactions for the month of January. Determine the cash shortage. 1. 2. 77
Transcribed Image Text:The following information was taken from the National Government (NG) Books: Date Particulars OR No 100714 100715 Amount Miscellaneous Income from Ms. Luisito Rent Income from GMA Enterprise for the use of sports facilities Fines and Penalties Income from Government Business Operation from Mr. Noli Laboratory fee paid by Ms. Rosalie Collection of receivables from DOLE Jan. 16, 2012 Jan. 18, 2012 2,500 18,000 Jan. 22, 2012 100716 100717 15,000 Jan. 28, 2012 100718 100719 Jan. 29, 2012 Jan. 30, 2012 16,000 5,000 53,000 Deposits of collections based on the above information: BTr thru Date Date BTr thru AGDB AGDB Jan. 3, 2012 Jan. 8, 2012 Jan. 10, 2012 Jan. 15, 2012 Jan. 16, 2011 50,000 (NG) 6,000 (RA) 150,000 (RA) 20,000 (RA) 2,500 (NG) Jan. 18, 2012 Jan. 22, 2012 Jan. 28, 2012 Jan. 29, 2012 Jan. 30, 2012 10,000 (NG) 15,000 (NG) 16,000 (NG) 5,000 (NG) 53,000 (NG) quired: Journalize all the transactions for the month of January. Determine the cash shortage. 1. 2. 77
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