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General Journal Entries Overview

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Rica Cadiz
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2 views1 page

General Journal Entries Overview

Uploaded by

Rica Cadiz
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

2

General Journal

C# Date/Ref Account Titles Debit Credit


1 T#1 Raw materials 9,250
2 Accounts Payable 9,250
3
4 T#2 Factory Overhead - Control 1,100
5 Work In Process 7,500
6 Raw Materials 8,600
7
8 T#3 Accounts Payable 300
9 Raw Materials 300
10
11 T#4 Factory Overhead - Control 2,300
12 Work In Process 8,000
13 SSS Premium Payable 412
14 PHIC Premium Payable 225
15 Withholding Tax Payable 1,050
16 Accrued Factory Payroll 8,613
17
18 T#5 Work In Process 8,000
19 Factory Overhead - Applied 8,000
20
21 T#6 Finished Goods 21,600
22 Work In Process 21,600
23
24 T#7a Accounts Receivable 36,000
25 Sales 36,000
26
27 T#7b Cost of Goods Sold – Normal 19,600
28 Finished Goods 19,600
29
30 T#8 Cash 35,000
31 Accounts Receivable 35,000
32
33 T#9a Factory Overhead - Control 4,800
34 Selling Expenses 2,100
35 General Expenses 1,500
36 Accounts Payable 8,400
37
38 T#10 Accounts Payable 9,500
39 Accrued Factory Payroll 8,500
40 Cash 18,000

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