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REQUIRED: General Journal & General Ledger General Instructions: (1) NO ERASURE, any form of ALTERATION considered WRONG. (2) Write your answer in one whole sheet of paper. (3) This activity consists of 3 or 4 members per group. Paid for supplies purchased on account last month, P4,000. Sept. 3 Sept. 5 Billed customers for services rendered, P12, 500. Sept. 6 Paid for one month's lease on a pick up truck, P7,500. Sept. 7 Purchased supplies on account, P5, 400. Sept. 7 Received cash fr customers not previously billed, P10, 800. Sept. 8 P45,000. Purchased new equipment from Manufacturing Company on account, Sept. 9 Receive a bill for a change oil on the truck, P1, 300. Sept. 10 Return a portion of the equipment that was purchased on Sept. 8 for credit, P15, 000. Sept. 14 Sept. 15 Received payments for customers previously billed, P8, 200. Paid the bill received on Sept. 9. Sept. 19 Paid for supplies purchased on Sept. 7. Sept. 20 Purchased equipment on account, P12, 000. Sept. 25 Sept. 25 Received payments from customer previously billed, P5, 400. Purchased gasoline for the truck, P2, 500. Sept. 29 P20,000. Sept. 30 Made a payment to reduce the principal on the note payable, Withdrew P10, 000 for personal use.

REQUIRED: General Journal & General Ledger General Instructions: (1) NO ERASURE, any form of ALTERATION considered WRONG. (2) Write your answer in one whole sheet of paper. (3) This activity consists of 3 or 4 members per group. Paid for supplies purchased on account last month, P4,000. Sept. 3 Sept. 5 Billed customers for services rendered, P12, 500. Sept. 6 Paid for one month's lease on a pick up truck, P7,500. Sept. 7 Purchased supplies on account, P5, 400. Sept. 7 Received cash fr customers not previously billed, P10, 800. Sept. 8 P45,000. Purchased new equipment from Manufacturing Company on account, Sept. 9 Receive a bill for a change oil on the truck, P1, 300. Sept. 10 Return a portion of the equipment that was purchased on Sept. 8 for credit, P15, 000. Sept. 14 Sept. 15 Received payments for customers previously billed, P8, 200. Paid the bill received on Sept. 9. Sept. 19 Paid for supplies purchased on Sept. 7. Sept. 20 Purchased equipment on account, P12, 000. Sept. 25 Sept. 25 Received payments from customer previously billed, P5, 400. Purchased gasoline for the truck, P2, 500. Sept. 29 P20,000. Sept. 30 Made a payment to reduce the principal on the note payable, Withdrew P10, 000 for personal use.

Century 21 Accounting General Journal
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
Problem 1AP
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paid supplies purchased on account last month

 

REQUIRED: General Journal & General Ledger General Instructions: (1) NO ERASURE, any form of ALTERATION considered WRONG. (2) Write your answer in one whole sheet of paper. (3) This activity consists of 3 or 4 members per group. Paid for supplies purchased on account last month, P4,000. Sept. 3 Sept. 5 Billed customers for services rendered, P12, 500. Sept. 6 Paid for one month's lease on a pick up truck, P7,500. Sept. 7 Purchased supplies on account, P5, 400. Sept. 7 Received cash fr customers not previously billed, P10, 800. Sept. 8 P45,000. Purchased new equipment from Manufacturing Company on account, Sept. 9 Receive a bill for a change oil on the truck, P1, 300. Sept. 10 Return a portion of the equipment that was purchased on Sept. 8 for credit, P15, 000. Sept. 14 Sept. 15 Received payments for customers previously billed, P8, 200. Paid the bill received on Sept. 9. Sept. 19 Paid for supplies purchased on Sept. 7. Sept. 20 Purchased equipment on account, P12, 000. Sept. 25 Sept. 25 Received payments from customer previously billed, P5, 400. Purchased gasoline for the truck, P2, 500. Sept. 29 P20,000. Sept. 30 Made a payment to reduce the principal on the note payable, Withdrew P10, 000 for personal use.
Transcribed Image Text:REQUIRED: General Journal & General Ledger General Instructions: (1) NO ERASURE, any form of ALTERATION considered WRONG. (2) Write your answer in one whole sheet of paper. (3) This activity consists of 3 or 4 members per group. Paid for supplies purchased on account last month, P4,000. Sept. 3 Sept. 5 Billed customers for services rendered, P12, 500. Sept. 6 Paid for one month's lease on a pick up truck, P7,500. Sept. 7 Purchased supplies on account, P5, 400. Sept. 7 Received cash fr customers not previously billed, P10, 800. Sept. 8 P45,000. Purchased new equipment from Manufacturing Company on account, Sept. 9 Receive a bill for a change oil on the truck, P1, 300. Sept. 10 Return a portion of the equipment that was purchased on Sept. 8 for credit, P15, 000. Sept. 14 Sept. 15 Received payments for customers previously billed, P8, 200. Paid the bill received on Sept. 9. Sept. 19 Paid for supplies purchased on Sept. 7. Sept. 20 Purchased equipment on account, P12, 000. Sept. 25 Sept. 25 Received payments from customer previously billed, P5, 400. Purchased gasoline for the truck, P2, 500. Sept. 29 P20,000. Sept. 30 Made a payment to reduce the principal on the note payable, Withdrew P10, 000 for personal use.
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