prac set

transactions:

CLASSIC AUTO REPAIR SERVICES Subsidiary Ledgers COTABATO TRANSIT Date ACCOUNTS RECEIVABLE Address: Parang, Cotabato Particulars Debit Credit ACCOUNTS PAYABLE ABC HARDWARE & AUTO SUPPLY Date Particulars Debit Balance Credit Balance DAVAO TRANSPORT SERVICES Date Particulars Address: Bajada, Davao City Debit Credit CATHAY AUTO SUPPLY & HARDWARE Date Particulars Balance Debit Credit Balance MINDANAO TRUCKING SERVICES Date Particulars Address: Matina, Davao City Debit Credit CUSTOMBUILT AUTO SUPPLY Date Particulars Balance Debit Credit Balance MS LOPEZ PUBLISHING Date Particulars Address: Ma-a, Davao City Debit Credit Balance CLASSIC AUTO REPAIR SERVICES Cash Receipts and Sales Journal Cash Invoice No. Cash on Hand Charge Invoice No. Accounts Accounts Receivable Receivable Service Income Date Unearned Service Income Customers OR No. Debit Debit Credit Credit Credit 00653 2,360.00 2,360.00 01002 52 8,470.00 00314 53 10,350.00 9,020.00 8,470.00 10,350.00 9,020.00 8,690.00 00315 55 54 01003 Jan-4 Ms. Lopez Publishing Jan-Oriental Express Jan-7 Mindanao Trucking Services Jan-11 Ms. Lopez Publishing Jan-12 Holiday Taxi Jan-13 Mindanao Trucking Services Jan-14 Maligaya Taxi Jan-20 Corona Taxi Jan-27 Maharlika Transit Jan-28 Cotabato Bus Company Davao Transport Service 9,345.00 00654 01004 56 58 8,690.00 9,345.00 13,650.00 14,950.00 10,000.00 14,600.00 13,650.00 14,950.00 01005 10,000.00 10,000.00 00655 01006 59 14,600.00 13,200.00 00316 13,200.00 Summary of CRS debits and credits: Accounts Debit Credit CLASSIC AUTO REPAIR SERVICES Cash Disbursements and Purchases Journal Cash on Hand Cash in Bank Shop Supplies Cash in Bank Accounts Payable Accounts Payable Sundries Check No, CV No Invoice No. Amount Date Suppliers/Payee Explanation Inventory Debit Credit Debit Credit Credit Debit Credit Credit 5,830.00 10.830.00 15,500.00 16.685.00 31.685.00 Accounts Account Receivable Purchase Account Account Receivable Cash 15,500.00 15,000.00 15.000.00 15,000.00 46.900.00 46,900.00 Jan-8 Cash Deposit in bank 09365 Jan-9 Matina Auto Supply & Ha Cash purchase 005620 Jan-15 Cash Deposit 093651 Jan-16 Cash Withdrawal 005830 2 Jan-19 ABC Hardware & Auto S Cheque issued for accou 005831 3 44147 Jan 22 Cash Deposit Jan-25 ABC Hardware & Auto Sd Credit Purchase 039271 Jan-29 Cash Deposited Jan-30 Mr. Melchor Bombeo Cheque issued for payro 005832 4 Jan-31 Reimbursement of transportation expense TIM 14.950.00 14,950.00 8.300.00 Purchase Account 8,300.00 24.600.00 24.600.00 15.160.00 Wages Account Transportation Expens 15.160.00 870.00 870.00 Summary of CDP debits and credits: Accounts Debit Credit