Transcribed Image Text:XYZ COMPANY
JOURNAL VOUCHER BOOKS
... ......................
..............................
..............
FOR THE MONTH OF AUGUST AND SEPTEMBER
DATE
DESCRIPTION
AMOUNT
...........................
1
1-Aug Received cash from Singapore as capital requirement (in dollar currency)
13,048,750.00
........................
............ .
..........................
2
1-Aug Bank transfer from Cash - Dollar to Cash - Peso account
5,210,000.00
.........................
.....
.........
..........................**.
....................
3
15-Aug To record interest income for August 2019.
.. ..
22.52
4
31-Aug Security Deposit equivalent to 2 month service fees advance by Singapore and will be part of capitalization
293,098.40
5
31-Aug Rental for August and September 2019 advance by Singapore and will be part of capital requirements
180,046.16
.....
...................
6
31-Aug Accruals for professional fees of LCSV - August 2019
1,188,000.00
.................
........................................... .........................
..........................
7
30-Sep Depreciation Expense for September 2019 - Office Equipment
359.62
..............
8
30-Sep Depreciation Expense for September 2019 - Computer Equipment
16,443.45
9
30-Sep Revalue UBP USD Account - September 2019 (FX conversion)
29,420.29
....******...
......
..........
10
30-Sep Accruals for 13th and 14th month bonus (guaranteed)
504,583.33
Definition Definition Method of recording financial transactions in the book of original entry by debiting and crediting the accounts affected by a transaction using the golden rules of accrual accounting.
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