NO.
ACCOUNT TITLES
ASSETS
100 CASH
101 PETTY CASH
110 NOTES RECEIVABLE
111 INTEREST RECEIVABLE
112 ACCOUNTS RECEIVABLE
113 ALLOWANCE FOR UNCOLLECTIVE ACCOUNTS
120 MERCHANDISE INVENTORY
130 SUPPLIES
140 PREPAID INSURANCE
141 PREPAID RENT
150 FURNITURE AND FIXTURES
151 ACCUMULATED DEPRECIATION - FURNITURE AND FIXTURES
152 EQUIPMENT
153 ACCUMULATED DEPRECIATION - EQUIPMENT
154 SERVICE VEHICLE
155 ACCUMULATED DEPRECIATION - SERVICE VEHICLE
160 RENT DEPOSIT
161 UTILITIES DEPOSIT
NO. ACCOUNT TITLES
LIABILITIES
200 NOTES PAYABLE
201 INTEREST PAYABLE
202 ACCOUNTS PAYABLE
210 SALARIES PAYABLE
211 SSS AND EC CONTRIBUTIONS PAYABLE
212 PHILHEALTH CONTRIBUTIONS PAYABLE
213 PAG-IBIG CONTRIBUTIONS PAYABLE
214 WITHHOLDING TAXES PAYABLE
220 RENT PAYABLE
221 UTILITIES PAYABLE
230 VALUE-ADDED TAX PAYABLE
-1 INPUT TAX
-2 OUTPUT TAX
240 VOUCHERS PAYABLE
NO. ACCOUNT TITLES
OWNER'S EQUITY
300 THERESE BALLADA, CAPITAL
301 THERESE BALLADA, WITHDRAWALS
302 INCOME SUMMARY
KASHATO SHIRTS
CHART OF ACCOUNTS
NO. ACCOUNT TITLES
REVENUES
400 SALES
401 SALES DISCOUNTS
402 SALES RETURNS AND ALLOWANCES
410 INTEREST INCOME
NO. ACCOUNT TITLES
COST
500 PURCHASES
501 TRANSPORTATION-IN
502 PURCHASES DISCOUNTS
503 PURCHSES RETURNS AND ALLOWANCE
NO. ACCOUNT TITLES
EXPENSES
600 ADVERTISING EXPENSE
601 SUPPLIES EXPENSE
602 INSURANCE EXPENSE
603 RENT EXPENSE
604 UTILITIES EXPENSE
605 REPAIRS AND MAINTENANCE EXPENCE
610 SALARIES EXPENSE
611 SSS AND EC CONTRIBUTION EXPENSE
612 PHILHEALTH CONTRIBUTIONS EXPENSE
613 PAG-IBIG CONTRIBUTIONS EXPENSE
620 UNCOLLECTIBLE ACCOUNTS EXPENSE
630 DEPRECIATION EXPENSE - FURNITURE AND FIXTURES
631 DEPRECIATION EXPENSE - EQUIPMENT
632 DEPRECIATION EXPENSE - SERVICE VEHICLE
640 MISCELLANEOUS EXPENSE
650 INTEREST EXPENSE
ACCOUNT TITLES
REVENUES
ACCOUNT TITLES
COST
OUNT TITLES
ES
XTURES
KASHATO SHIRTS
POST-CLOSING TRIAL BALANCE
SEPTEMBER 30, 2023
NO. ACCOUNT TITLES
100 CASH
101 PETTY CASH
110 NOTES RECEIVABLE
111 INTEREST RECEIVABLE
112 ACCOUNTS RECEIVABLE
113 ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS
120 MERCHANDISE INVENTORY
130 SUPPLIES
140 PREPAID INSURANCE
141 PREPAID RENT
150 FURNITURE AND FIXTURES
151 ACCUMULATED DEPRECIATION - FURNITURE AND FIXTURES
152 EQUIPMENT
153 ACCUMULATED DEPRECIATION - EQUIPMENT
154 SERVICE VEHICLE
155 ACCUMULATED DEPRECIATION - SERVICE VEHICLE
160 RENT DEPOSIT
161 UTILITIES DEPOSIT
200 NOTES PAYABLE
201 INTEREST PAYABLE
240 VOUCHERS PAYABLE
300 THERESE BALLADA, CAPITAL
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
BALANCES AS AT SEPTEMBER 30, 2023
CARDENAS MARKETING ₱17,920.00
TRESMA MATA STORE ₱6,720.00
DEL MUNDO SHIRTS STATION ₱89,600.00
MARASIGAN ENTERPRISES ₱78,400.00
MODESTO BARGAIN HOUSE ₱26,880.00
SELISANA GARMENTS ₱49,280.00
CALAMBA COMMERCIAL ₱44,800.00
TOTAL ₱313,600.00
PREPAID INSURANCE
POLICY COVERAGE
COVERAGE
ON FURNITURE & FIXTURES, EQUIPMENT FIRE OR LIGHTNING
ON SERVICE VEHICLE COMPREHENSIVE
PROPERTY AND EQUIPMENT
COST
FURNITURE & FIXTURES:
BATCH 1 ₱450,000.00
BATCH 2 ₱200,000.00
₱650,000.00
EQUIPMENT:
BATCH 1 ₱485,000.00
BATCH 2 ₱250,000.00
₱735,000.00
SERVICE VEHICLE: ₱410,000.00
UNPAID VOUCHERS BY DUE DATE
BALANCES AS AT SEPTEMBER 30, 2023
DUE DATE VOUCHER NO. PAYEE
3/10/2023 193 CAMISERA PALAGANAS
9/10/2023 198 BISANA MARKETING
10/10/2023 200 SOCIAL SECURITY SYSTEM
10/10/2023 201 BIR - WITHHOLDING TAXES ON SALARIES
10/10/2023 197 BURGOS SHIRTS
11/10/2023 202 PHILHEALTH
10/13/2023 199 MONES TRADING
10/15/2023 203 PAG-IBIG FUND
10/24/2023 195 VICTORINO WEARS
10/25/2023 204 BIR - VAT
UNPAID VOUCHERS BY ACCOUNT CLASSIFICATION
BALANCES AS AT SEPTEMBER 30, 2023
ACCOUNTS PAYABLE ₱432,320.00
SSS AND EC CONTRIBUTIONS PAYABLE ₱28,690.00
PHILHEALTH CONTRIBUTIONS PAYABLE ₱9,560.00
PAG-IBIG CONTRIBUTIONS PAYABLE ₱1,800.00
WITHHOLDING TAXES PAYABLE ₱10,226.20
VALUE-ADDED TAX PAYABLE ₱63,003.00
₱545,599.20
ASHATO SHIRTS
POST-CLOSING TRIAL BALANCE
SEPTEMBER 30, 2023
DEBIT CREDIT
284,368.92
16,000.00
240,000.00
2,400.00
313,600.00
9,408.00
871,200.00
14,500.00
12,750.00
150,000.00
650,000.00
74,250.00
735,000.00
134,500.00
410,000.00
33,000.00
150,000.00
18,500.00
500,000.00
16,166.67
545,599.20
2,555,395.05
3,868,318.92 3,868,318.92
RY LEDGER
023
₱17,920.00
₱6,720.00
₱89,600.00
₱78,400.00
₱26,880.00
₱49,280.00
₱44,800.00
₱313,600.00
D INSURANCE
Y COVERAGE
POLICY TERM TOTAL AMOUNT
01/01/2023 TO 01/01/2024 ₱1,500.00
04/08/2023 TO 04/08/2024 ₱1,800.00
AND EQUIPMENT
ACQUIRED ON OTHER DEPRECIATION FACTORS
OCT. 2, 2022 10% SALVAGE, 15% A YEAR
APR. 7, 2023 10% SALVAGE, 15% A YEAR
OCT. 5, 2022 20% SALVAGE, 4 YEARS
JAN. 8, 2023 20% SALVAGE, 4 YEARS
APR.8,2023 ₱80,000 SALVAGE, 5 YEARS
CHERS BY DUE DATE
T SEPTEMBER 30, 2023
AMOUNT ACCOUNT CLASSIFICATION
₱26,880.00 ACCOUNTS PAYABLE
₱224,000.00 ACCOUNTS PAYABLE
₱28,690.00 SSS AND EC CONTRIBUTIONS PAYABLE
₱10,226.20 WITHHOLDING TAXES PAYABLE
₱44,800.00 ACCOUNTS PAYABLE
₱9,560.00 PHILHEALTH CONTRIBUTIONS PAYABLE
₱112,000.00 ACCOUNTS PAYABLE
₱1,800.00 PAG-IBIG CONTRIBUTIONS PAYABLE
₱24,640.00 ACCPUNTS PAYABLE
₱63,003.00 VAT PAYABLE
₱545,599.20
ACCOUNT: CASH ACCOUNT NO. 100
DATE EXPLANATION PR DEBIT
ACCOUNT: PETTY CASH ACCOUNT NO. 101
DATE EXPLANATION PR DEBIT
ACCOUNT: NOTES RECEIVABLE ACCOUNT NO. 110
DATE EXPLANATION PR DEBIT
ACCOUNT: INTEREST RECEIVABLE ACCOUNT NO.111
DATE EXPLANATION PR DEBIT
ACCOUNT: ACCOUNTS RECEIVABLE ACCOUNT NO.112
DATE EXPLANATION PR DEBIT
ACCOUNT: ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS
DATE EXPLANATION PR DEBIT
ACCOUNT: MERCHANDISE INVENTORY ACCOUNT NO. 120
DATE EXPLANATION PR DEBIT
ACCOUNT: SUPPLIES ACCOUNT NO. 130
DATE EXPLANATION PR DEBIT
ACCOUNT: PREPAID INSURANCE ACCOUNT NO. 140
DATE EXPLANATION PR DEBIT
ACCOUNT: PREPAID RENT ACCOUNT NO. 141
DATE EXPLANATION PR DEBIT
ACCOUNT: FURNITURE AND FIXTURES ACCOUNT NO. 150
DATE EXPLANATION PR DEBIT
ACCOUNT: ACCUMULATED DEPRECIATION - FURNITURE & FIXTURES ACCOUNT NO. 151
DATE EXPLANATION PR DEBIT
ACCOUNT: EQUIPMENT ACCOUNT NO. 152
DATE EXPLANATION PR DEBIT
ACCOUNT: ACCUMULATED DEPRECIATION - EQUIPMENT ACCOUNT NO. 153
DATE EXPLANATION PR DEBIT
ACCOUNT: SERVICE VEHICLE ACCOUNT NO. 154
DATE EXPLANATION PR DEBIT
ACCOUNT: ACCUMULATED DEPRECIATION - SERVICE VEHICLE ACCOUNT NO. 155
DATE EXPLANATION PR DEBIT
ACCOUNT NO. 100 ACCOUNT: RENT DEPOSIT
CREDIT BALANCE DATE EXPLANATION
ACCOUNT: UTILITIES DEPOSIT
DATE EXPLANATION
ACCOUNT NO. 101
CREDIT BALANCE
ACCOUNT: NOTES PAYABLE
DATE EXPLANATION
ACCOUNT NO. 110
CREDIT BALANCE
ACCOUNT: INTEREST PAYABLE
DATE EXPLANATION
ACCOUNT NO.111
CREDIT BALANCE
ACCOUNT: ACCOUNTS PAYABLE
DATE EXPLANATION
ACCOUNT NO.112
ACCOUNT: SALARIES PAYABLE
CREDIT BALANCE
DATE EXPLANATION
ACCOUNT: SSS AND EC CONTRIBUTIONS PAYABLE
DATE EXPLANATION
ACCOUNT NO. 113
CREDIT BALANCE
ACCOUNT: PHILHEALTH CONTRIBUTIONS PAYABLE
DATE EXPLANATION
ACCOUNT NO. 120
CREDIT BALANCE
ACCOUNT: PAG-IBIG CONTRIBUTIONS PAYABLE
DATE EXPLANATION
ACCOUNT NO. 130
CREDIT BALANCE
ACCOUNT: WITHHOLDINGTAXES PAYABLE
DATE EXPLANATION
ACCOUNT NO. 140
CREDIT BALANCE
ACCOUNT: RENT PAYABLE
DATE EXPLANATION
ACCOUNT NO. 141
ACCOUNT: UTILITIES PAYABLE
CREDIT BALANCE
DATE EXPLANATION
ACCOUNT NO. 150 ACCOUNT: VALUE-ADDED TAX PAYABLE
CREDIT BALANCE DATE EXPLANATION
ACCOUNT: INPUT VAT
DATE EXPLANATION
ACCOUNT NO. 151
CREDIT BALANCE
ACCOUNT NO. 152
CREDIT BALANCE
ACCOUNT: OUTPUT VAT
DATE EXPLANATION
ACCOUNT NO. 153
CREDIT BALANCE
ACCOUNT NO. 154
ACCOUNT: VOUCHERS PAYABLE
CREDIT BALANCE
DATE EXPLANATION
ACCOUNT NO. 155
CREDIT BALANCE
DEPOSIT ACCOUNT NO. 160 ACCOUNT: THERESE B
NATION PR DEBIT CREDIT BALANCE DATE
S DEPOSIT ACCOUNT NO. 161
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: THERESE BALL
DATE
PAYABLE ACCOUNT NO. 200
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: INCOM
DATE
T PAYABLE ACCOUNT NO. 201
NATION PR DEBIT CREDIT BALANCE
ACCOUNT:
DATE
TS PAYABLE ACCOUNT NO. 202
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: SALES
DATE
S PAYABLE ACCOUNT NO. 210
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: SALES RETURN
DATE
RIBUTIONS PAYABLE ACCOUNT NO. 211
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: INTER
DATE
RIBUTIONS PAYABLE ACCOUNT NO. 212
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: PU
DATE
IBUTIONS PAYABLE ACCOUNT NO. 213
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: TRANSP
DATE
GTAXES PAYABLE ACCOUNT NO.214
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: PURCHA
DATE
PAYABLE ACCOUNT NO.220
ACCOUNT: PURCHASES RETU
NATION PR DEBIT CREDIT BALANCE
DATE
S PAYABLE ACCOUNT NO.221
NATION PR DEBIT CREDIT BALANCE
D TAX PAYABLE ACCOUNT NO. 230
NATION PR DEBIT CREDIT BALANCE
UT VAT ACCOUNT NO. 230-1
NATION PR DEBIT CREDIT BALANCE
UT VAT ACCOUNT NO. 230-2
NATION PR DEBIT CREDIT BALANCE
RS PAYABLE ACCOUNT NO. 240
NATION PR DEBIT CREDIT BALANCE
ACCOUNT: THERESE BALLADA, CAPITAL ACCOUNT NO. 300
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: THERESE BALLADA, WITHDRAWALS ACCOUNT NO. 301
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: INCOME SUMMARY ACCOUNT NO. 302
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: SALES ACCOUNT NO. 400
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: SALES DISCOUNTS ACCOUNT NO. 401
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: SALES RETURNS AND ALLOWANCES ACCOUNT NO. 402
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: INTEREST INCOME ACCOUNT NO. 410
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: PURCHASES ACCOUNT NO. 500
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: TRANSPORTATION-IN ACCOUNT NO. 501
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: PURCHASES DISCOUNTS ACCOUNT NO. 502
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: PURCHASES RETURNS AND ALLOWANCES ACCOUNT NO. 503
EXPLANATION PR DEBIT CREDIT BALANCE
ACCOUNT: ADVERTISING EXPENSE ACCOUNT NO. 600
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: SUPPLIES EXPENSE ACCOUNT NO. 601
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: INSURANCE EXPENSE ACCOUNT NO. 602
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: RENT EXPENSE ACCOUNT NO.603
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: UTILITIES EXPENSE ACCOUNT NO. 604
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: REPAIRS AND MAINTENANCE EXPENSE ACCOUNT NO. 605
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: SALARIES EXPENSE ACCOUNT NO. 610
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: SSS AND EC CONTRIBUTIONS EXPENSE ACCOUNT NO. 611
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: PHILHEALTH CONTRIBUTIONS EXPENSE ACCOUNT NO. 612
DATE EXPLANATION PR DEBIT CREDIT
ACCOUNT: PAG-IBIG CONTRIBUTIONS EXPENSE ACCOUNT NO.613
DATE EXPLANATION PR DEBIT CREDIT
T NO. 600 ACCOUNT: UNCOLLECTIBLE ACCOUNTS EXPENSE
BALANCE DATE EXPLANATION
T NO. 601 ACCOUNT: DEPRECIATION EXPENSE- FURNITURE AND FIXTURES
BALANCE DATE EXPLANATION
T NO. 602 ACCOUNT: DEPRECIATION EXPENSE - EQUIPMENT
BALANCE DATE EXPLANATION
NT NO.603 ACCOUNT: DEPRECIATION EXPENSE - SERVICE VEHICLE
BALANCE DATE EXPLANATION
T NO. 604 ACCOUNT: MISCELLANEOUS EXPENSE
BALANCE DATE EXPLANATION
T NO. 605 ACCOUNT: INTEREST EXPENSE
BALANCE DATE EXPLANATION
T NO. 610
BALANCE
T NO. 611
BALANCE
T NO. 612
BALANCE
NT NO.613
BALANCE
ACCOUNT NO. 620
PR DEBIT CREDIT BALANCE
ACCOUNT NO. 630
PR DEBIT CREDIT BALANCE
ACCOUNT NO. 631
PR DEBIT CREDIT BALANCE
ACCOUNT NO. 632
PR DEBIT CREDIT BALANCE
ACCOUNT NO. 640
PR DEBIT CREDIT BALANCE
ACCOUNT NO.
PR DEBIT CREDIT BALANCE
