GENERAL LEDGER
ACCOUNT TITLE: Cash
Date Remarks Ref. Debit Credit
50,00
1 Investment GJ-1 0 50,000
3 Sold Merchandise GJ-1 500 50,500
4 Freight Out GJ-1 500 50,000
6 Payment GJ-1 5,000 45,000
7 Collection GJ-1 3,000 48,000
8 Payment GJ-1 4,116 43,884
9 Collection GJ-1 980 44,864
10 Purchases GJ-1 6,800 38,064
11 Refund GJ-1 500 38,564
13 Freight In GJ-1 700 37,864
15 Merchandise GJ-1 2,750 35,114
16 Payment GJ-1 6,000 29,114
17 Payment GJ-1 7,840 21,274
19 Sold Merchandise GJ-1 1,942 23,216
20 Purchase GJ-1 14,535 8,681
10,78
21 Collection GJ-1 7 19,468
24 Sold Merchandise GJ-1 4,000 23,468
29 Payment GJ-1 5,880 17,588
30 Sold Merchandise GJ-1 2,000 19,588
30 Sold Merchandise GJ-1 5,000 24,588
31 Withdrawal GJ-1 2,000 22,588
31 Payment GJ-1 11,950 10,638
ACCOUNT TITLE:
Accounts Receivable
Date Remarks Ref. Debit Credit
3 Sold Merchandise GJ-1 4,000 4,000
7 Collection GJ-1 3,000 1,000
9 Collection GJ-1 1,000 0
14 Sold Merchandise GJ-1 3,600 3,600
19 Sold Merchandise GJ-1 11,008 14,608
21 Collection GJ-1 11,008 3,600
24 Sold Merchandise GJ-1 16,000 19,600
30 Sold Merchandise GJ-1 6,000 25,600
18 Refund GJ-1 500 25,100
ACCOUNT TITLE: Sales
Date Remarks Ref. Debit Credit
3 Sold Merchandise GJ-1 4,500 4,500
14 Sold Merchandise GJ-1 3,600 8,100
19 Sold Merchandise GJ-1 12,950 21,050
24 Sold Merchandise GJ-1 20,000 41,050
30 Sold Merchandise GJ-1 8,000 49,050
30 Sold Merchandise GJ-1 5,000 54,050
ACCOUNT TITLE: Ashly, Capital
Date Remarks Ref. Debit Credit
1 Investment GJ-1 50,000 50,000
ACCOUNT TITLE: Ashly, Drawing
Date Remarks Ref. Debit Credit
31 Drawing GJ-1 2,000 2,000
ACCOUNT TITLE: Salary Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 5,500 5,500
ACCOUNT TITLE:
Utilities Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 5,500 5,500
ACCOUNT TITLE: Insurance
Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 500 500
ACCOUNT TITLE: Tax Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 1,100 1,100
ACCOUNT TITLE: Advertising Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 750 750
ACCOUNT TITLE: Rent Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 1,300 1,300
ACCOUNT TITLE: Communication
Expense
Date Remarks Ref. Debit Credit
31 Payment GJ-1 800 800
ACCOUNT TITLE: Cost of Goods Sold
Credit
Date Remarks Ref. Debit
3 Cost of Goods Sold GJ-1 700 700
14 Cost of Goods Sold GJ-1 600 1,300
19 Cost of Goods Sold GJ-1 800 2,100
24 Cost of Goods Sold GJ-1 1,000 3,100
30 Cost of Goods Sold GJ-1 500 3,600
30 Cost of Goods Sold GJ-1 900 4,500
ACCOUNT TITLE:
Accounts Payable
Date Remarks Ref. Debit Credit
2 Purchase GJ-1 10,000 10,000
5 Return Goods GJ-1 800 9,200
6 Payment GJ-1 5,000 4,200
8 Payment GJ-1 4,200 0
12 Purchase GJ-1 14,000 14,000
16 Payment GJ-1 6,000 8,000
17 Payment GJ-1 8,000 0
22 Purchase GJ-1 4,000 4,000
25 Received Goods GJ-1 5,880 9,880
29 Payment GJ-1 5,880 4,000