The Abad Santos Trading Co. installed a voucher system on April 1, 2012 as part of its program to strengthen control over cash payments. The following accounts payable for merchandise were closed and individually vouchered (start with Voucher No. 10). Amount Voucher Date Creditor Terms Mar. 15 Juana Sandoval 20 Edgar Rodriguez 28 Armida Trading Outstanding Number 1/20, n/60 2/10,1/15/60 n/30 P14,000 10,000 30,000 PS4,000 10 11 12 During the month of April 2012, vouchers were prepared and check were issued for the following transactions: April 2 Received goods from Marikina Fish Co. P7,000. Invoice No. 1111. Terms: 1/10, n/30 (Voucher No. 13). 3 Bought office table from Pacific Office Machines P6,000, Invoice No. 2022, Terms n/60 (Voucher No. 14). 4 4 5 Purchased merchandise from Derby goods, Inc. P19,000, Invoice No. 3712. Terms P9,000 down payment per check no. 099, balance in 30 days (voucher 15 and 16). Issued check no. 100 to Juana Sandoval in payment of voucher no. 10. Freight bill on office table bought from Pacific Office Machine was paid to LBC rucking P500, Invoice No. 1619. (Voucher no. 17 and check no. 101). 7 Paid monthly rental of P10,000 to RST Realty, Invoice No. 1948. (Voucher no. 18 and check no. 102). 8 Cash purchases of merchandise P12,000 from ABC Co., Invoice No. 1738. (Voucher no. 19 and check no. 103). 10 Purchased office supplies from Alemar's with an invoice price of P2,000 less 2% trade discount per Invoice No. 1979. (Voucher number 20 and check no. 104). 15 Prepared voucher no. 21 for payroll of P50,000 less P5,000 with holding tax and issued check no. 105 in payment thereof 18 Bought merchandise from Steel Enterprises, Invoice no. 7832 for P10,000 Terms 1/20, n/60. (Voucher No. 22) 19 Freight bill on the above was paid to BCD Delivery Service P800 per Invoice No. 7699. (Voucher no. 23 and check no. 106) 20 Bought office chairs from Pacific Office Machines P3,000 less 2% trade discount Terms n/30 per Invoice No. 2333. (Voucher No. 24) 25 Bought office supplies from National Bookstore P5,000. Invoice No. 9988. Terms 1/10, n/60 (Voucher No. 25). 26 Returned defective office supplies to National Bookstore P500 (cancel voucher no.25 and prepare voucher no.26) 30 Prepared voucher no. 27 for payroll of P50,000 less SSS premium payable of P1,500 and issued check no. 107. Required: Record the above transactions in the voucher register providing columnar headings for Vouchers Payable, CR; Purchases, DR; Office Furniture DR; Office Supplies, DR, Sundry, DR and CR in the check register. 2. Add the columns of the voucher register and check register and post to T-accounts. 1 3. Prepare a schedule of vouchers payable. 4. Prepare a T-account for Vouchers Payable and post all transactions affecting this account Determine the balance. The balance must equal to the total of the schedule of Vouchers Payable.

Ihe Abad Santos Irading Lo. thistalied a vieter rystem on Apnil 1 , 2U12 as part of its program to atrengthen coctrol over eash payments. The following accounts payable for merchandise were closed and indindually vouchered (start with Voucher No, 10). During the moth of April 2012 , wuchers were prepured and check were isued for the follow tre transactions: April 2 Recerved goods from Marinina Fush Co. P7,000, Invoice No. 1111. Terms: 110,t/50 (Voucher No 13). 3 Bought office table from Pacific Office Machines P6,000, Invoice No. 2022, Terms \pm 60 (Voucher No, 14). 4 Purchased merchnndise from Derty goods, lnc P19,000, Invoice No. 3712. Termu P9,000 down payment per check no .099, balance in 30 days (voucher 15 and 16) 4 Issued cbeck no. 100 to Juanx Sandoral in pryment of voucher no, 10 5 Freight bill ot office table boaght from Pacific OFfice Machine was paid to 1.BC ruckize P500, Irvoice No. 1619. (Voucher ao, 17 and check no. 101). 7 Paid monthly rentul of P10,000 to RST Realty, Irvoice No, 1948. (Voucher no. 18 and check no. 102). 8 Cash purchase of merchandise P12,000 frem ABC Co. Invoice No, 1738. (Voucher no 19 and check no. 103 ). 10 Parchased office supplies from Alemar's with an invoice price of P2,000 less 2% trade discosint per lnvoice No 1979. (Voucher number 20 and check no. 104). 15 Prepared voucher no. 21 for payroll of P50,000 less P5,000 woth holding tax and ismued check no. 105 in paymeat thereof 18 Bought merchandise from Steel Enterprites, Invoice no. 7832 for P10,000 Terms 120, 660. (Voucher No, 22) 19 Freight ball on the above was paid to BCD Delivery Service PS00 per lavoice No. 7699. (Voucher no. 23 and check no 106) 20 Bought ofice chairs from Pacific Oifice Machines P3,000 less 2% trade discount Tenns n/30 per levoice No. 2333. (Voucher No. 24) 25 Bought othice supplies from Naticeal Bookstere P5,000. Invoice No.9988. Terms 1110,n60 (Voucher No, 25) 25 Returned defective office supplies to National Bookatore PS00 (cancel voucher no.25 and prepsre voucher no.26) 30 Prepared voucher no, 27 for paytoll of P50,000 less SSS premium payable of P1,500 and issued chack no. 10 ? Required: Record the above tranractions in the voucher register providing columnar headings for Vouchers Payable, CR- Purchases, DR, OtFice Fumiture DR; Office Supplies, DR, Sumdry, DR and CR in the check register. 2. Add the columns of the voucher reguter and check reginter and poct to T-accounts. 3. Prepare a schedule of voochers payable. 4. Prepere a T-account for Vouchers Payable and post all tramsactions affecting this zcecunt, Determine the balance. The balince must equal to the total of the schedule of Vouchers Payable. Ihe Abad Santos Irading Lo. thistalied a vieter rystem on Apnil 1 , 2U12 as part of its program to atrengthen coctrol over eash payments. The following accounts payable for merchandise were closed and indindually vouchered (start with Voucher No, 10). During the moth of April 2012 , wuchers were prepured and check were isued for the follow tre transactions: April 2 Recerved goods from Marinina Fush Co. P7,000, Invoice No. 1111. Terms: 110,t/50 (Voucher No 13). 3 Bought office table from Pacific Office Machines P6,000, Invoice No. 2022, Terms \pm 60 (Voucher No, 14). 4 Purchased merchnndise from Derty goods, lnc P19,000, Invoice No. 3712. Termu P9,000 down payment per check no .099, balance in 30 days (voucher 15 and 16) 4 Issued cbeck no. 100 to Juanx Sandoral in pryment of voucher no, 10 5 Freight bill ot office table boaght from Pacific OFfice Machine was paid to 1.BC ruckize P500, Irvoice No. 1619. (Voucher ao, 17 and check no. 101). 7 Paid monthly rentul of P10,000 to RST Realty, Irvoice No, 1948. (Voucher no. 18 and check no. 102). 8 Cash purchase of merchandise P12,000 frem ABC Co. Invoice No, 1738. (Voucher no 19 and check no. 103 ). 10 Parchased office supplies from Alemar's with an invoice price of P2,000 less 2% trade discosint per lnvoice No 1979. (Voucher number 20 and check no. 104). 15 Prepared voucher no. 21 for payroll of P50,000 less P5,000 woth holding tax and ismued check no. 105 in paymeat thereof 18 Bought merchandise from Steel Enterprites, Invoice no. 7832 for P10,000 Terms 120, 660. (Voucher No, 22) 19 Freight ball on the above was paid to BCD Delivery Service PS00 per lavoice No. 7699. (Voucher no. 23 and check no 106) 20 Bought ofice chairs from Pacific Oifice Machines P3,000 less 2% trade discount Tenns n/30 per levoice No. 2333. (Voucher No. 24) 25 Bought othice supplies from Naticeal Bookstere P5,000. Invoice No.9988. Terms 1110,n60 (Voucher No, 25) 25 Returned defective office supplies to National Bookatore PS00 (cancel voucher no.25 and prepsre voucher no.26) 30 Prepared voucher no, 27 for paytoll of P50,000 less SSS premium payable of P1,500 and issued chack no. 10 ? Required: Record the above tranractions in the voucher register providing columnar headings for Vouchers Payable, CR- Purchases, DR, OtFice Fumiture DR; Office Supplies, DR, Sumdry, DR and CR in the check register. 2. Add the columns of the voucher reguter and check reginter and poct to T-accounts. 3. Prepare a schedule of voochers payable. 4. Prepere a T-account for Vouchers Payable and post all tramsactions affecting this zcecunt, Determine the balance. The balince must equal to the total of the schedule of Vouchers Payable