Instructions:

1 This File contains 12 Sheets

Instructions
Service Revenue Journal Service Rev J'!A1
Cash Receipts Journal Cash Receipts J'!A1
Cash Payments Journal Cash Payment J'!A1
Chart of Accounts and Beginning Balances
Assets Ledger
Liabilities Ledger
Capital Ledger
Drawing Ledger
Revenue Ledger
Expenses Ledger
Trial Balances (for Unadjusted Balances)
2 Complete the following Special Journals first
Service Revenue Journal
Cash Receipts Journal
Cash Payments Journal
3 On the Chart of Accounts & Beginning Balances Sheet
follow instructions on naming the table
4 Prepare the Ledgers, follow instructions carefully
Follow instructions carefully on entering formulas
Copy and Paste as instructed so that the formula will be copied without error
Complete first the required number of ledgers before posting amounts from the special journals.
5 Enter account number in the ledger (see chart of accounts for the proper account numbers to be used)
The account title and beginning balance will appear simultaneously

Account Cash
Date Items Debit

6 Post totals from the special journals (Service Revenue Journal, Cash Receipts Journal and Cash Payments J
always check whether the amounts should be on the debit or credit side of the ledger

Account Cash
Date Items Debit
Beg balance
from Service Rev Journal
From Cash Receipts Journal total from CRJ
from Cash Payments Journal
Unadjusted balance
Adjustments
Adjusted Balances
7 Link the ending balances of each account to the Trial Balance
Total the debits and credits. They should be equal

8 Copy Trial balance into another sheet "Worksheet"

Add columns to your trial balance

Account Titles Trial Balance

Debit

9 Enter the following Data for adjustments

31-Jan Insurance Expired during the month P2,000
31-Jan Inventory of supplies as of the end of the month, P4,120
31-Jan Accrued salaries, P 3,000
31-Jan Accrued utilities, P1,205
31-Jan Depreciation rate is 10% per year
rom the special journals.
nt numbers to be used)

Acct No. A101

Credit Balance
29,000

urnal and Cash Payments Journal) to the specific ledger accounts

e of the ledger

Acct No. A101

Credit Balance
29,000

total from CPJ

this amount will be forwarded (linked) to a Trial Balance
 Trial Balance Adjustments Adjusted Trial Balance Balance Sheet Income Statement
Credit Debit Credit Debit Credit Debit Credit Debit Credit

of the month, P4,120

 (Font 14, Bold, Merge and Center from Col A to F)
SERVICE REVENUE JOURNAL
Customer Service Revenue Output Tax Accounts ReceivabWrap Text, Bold, Italicized, Center
Date Credit Credit Debit
Jan 1 Basilio 45000
2 Crispin 18000
5 Sisa 25088
6 Maria Clara 18500.89 Format all amounts to two decim
15 Padre Damaso 24310.1
25 Don Santiago 16666.6
31 Ibarra 10534.45

Get Totals & Double-Rule

Revenue Ledger'!A1 Liabilities Ledger'!A1
Assets Ledger'!A1

Format all amounts to two decimals places

write account number below the total after posting, example

Accounts Receivable
debit

158,100.04
(B101)
Bold, Italicized, Center

Format all amounts to two decimals places

Makisig Company
INVOICE 5348
DATE Jan 1, 2014

Customer Name BASILIO & Sons, Ltd

Address Espana, Manila

Sevices Rendered ###

VAT (12%) ###
Total Amount Due ###

Emiliano Jose Y. Casimiro III

 Font 14, Wrap Text, Bold, Italicized, Center, Column A up to Column H
CASH RECEIPTS JOURNAL <---------14"--------> <---------14"--------> <---------14"-------->
Received from Makisig, Capital Accounts Receivable Service Revenue
Date Credit Credit Credit
Jan 1 Makisig
8 Crispin
15 Maria Clara
18 Cash Revenue
22 Cash Revenue
25 Basilio
31 Sisa

Capital Ledger'!A1Assets Ledger'!A1 Revenue Ledger'!A1

1-Jan Makisig gave additional investment of P35,0000 Cash.

8-Jan Collected from Crispin, P18,000 (on account) Format all amounts to two decimals places
15-Jan Rendred Services to Maria Clara for cash, P12,000, Vat Inclusive
18-Jan Rendred Services for cash, P9,000, Vat Inclusive
22-Jan Rendred Services for cash, P5,000, Vat Inclusive
25-Jan Collected from Basilio, P15,000 (on Account)
31-Jan Collected from Sisa, P25,088 (on Account)
<---------14"--------> <---------14"-------->
Output Tax Cash
Credit Debit

Bold totals

Liabilities Ledger'!A1

12000 REV + VAT

 10% of Salaries 5% of Rent
CASH PAYMENTS JOURNAL (Font 14, Bold, Merge and Center)

Equipmen Accounts Salaries WT Rent Expanded

t Supplies Payable Expense Payable Expense WT Payable
Date Payee Debit Debit Debit Debit Credit Debit Credit
Jan 1 ACE
3 National bookstore
6 Rent
15 Salaries
22 Utilities Expense
26 Mang Dodong
29 Mr Five Six
30 Makisig , Drawing

Paid for the following

Jan 1 Purchased Equipment, P10,000, (VAT Inclusive) from ACE
3 Purchased Supplies, P4,928 from National Bookstore, VAT inclusive Input Tax 1,680.00
6 Paid Rent for the month, P14,000 plus VAT, withheld 5% Rent Ex 14,000.00
15 Paid Salaries for the month, P23,200 less 10% withholding tax EWT P (700.00)
22 Paid MERALCO & MAYNILAD, P4,120 VAT Inclusive CASh 14,980.00
26 Paid Mang Dodong Repairs for services rendered, P2,100 + VAT
29 Partial payment of last year's account from Mr Five Six, P10,000
30 Makisig withdrew P4,000 for personal use.
 12% of Equpment, Supplies, Rent, Utitilites, Repair & Maintenance, Insurance Expense
D E I K L M
Wrap Text,
Repair & Bold,
Utilities Maintena Insurance Italicized,
Expense nce Expense Drawing Input Tax Cash Center
Debit Debit Debit Debit Debit Credit
create formula

debits - credits

Bold totals

(14,000 X 12%)
15680
(14,000 x 5%)
ce, Insurance Expense
 Acct No Account Title Beg Balance
A100 Cash 29,000.00
A101 Accounts Receivable 31,000.00
A102 Input Tax
A103 Supplies 2,100.00
A104 Equipment 42,000.00
A105 Accumulated Depreciation
A106 Prepaid Insurance 12,000.00
B100 Accounts Payable 14,000.00
B101 Output Tax
B102 Utilities Payable
Name the table B103 Salaries Payable
CHART B104 Notes Payable 30,000.00
B105 Withholding Tax payable 2,500.00
B106 Expanded Withholding Tax Payable 700.00
To name a table: C100 Makisig, Capital 68,900.00
Highlight table, D100 Makisig, Drawing
Click Formula, E100 Service Revenue
Define Name F100 Rent Expense
F101 Salaries Expense
F102 Utilities Expense
F103 Supplies Expense
F104 Repair & Maintenance
F105 Insurance Expense
F106 Depreciation Expense
 28" 14" 14" 14"

Account Acct No. Enter account number, Accoun

Date Items Debit Credit Balance
Beg balance
from Service Rev Journal
From Cash Receipts Journal
from Cash Payments Journal copy formula
Unadjusted balance
Adjustments
ADJUSTED BALANCE
 Enter formula so that Account Name will appear when Acct No is entered
=VLOOKUP(F4, Chart,2)

Enter account number, Account Title automatically appears as well as beginning balance
Vlookup F4 to insert beginning balance
beginnng balance +D7-E7
"beginning balance + debit from SRJ - credit from SRJ"
Copy and Paste this table 6x for the other assets
copy formula

forward to Trial Balance

amount seen on the financial statement

CHANGE THE "BALANCE" FORMULA FOR ACCUMULATED DEPRECIATION
 28" 14" 14" 14"

Account Acct No.

Date Items Debit Credit Balance
Beg balance
from Service Rev Journal
From Cash Receipts Journal
from Cash Payments Journal
Unadjusted balance
Adjustments
ADJUSTED BALANCE
Enter account number, Account Title automatically appears as well as beginning balance

vertical lookup (VLOOKUP) F6 from chart of accounts

"beginning balance + CREDIT from SRJ (E7) - DEBIT from SRJ(D7)"
Copy and Paste this table 6x for the other liabilities
copy formula

forward to Trial Balance

Service Rev J'!A1
28" 14" 14" 14"

Account Acct No. Enter account number, Account T

Date Items Debit Credit Balance
Beg balance
from Service Rev Journal
From Cash Receipts Journal -
from Cash Payments Journal copy formula
Unadjusted balance
Adjustments
ADJUSTED BALANCE
Closing Entries
Closing Entries
ENDING BALANCE
Enter account number, Account Title automatically appears as well as beginning balance

use VLOOKUP to get beginning balance of capital

same formula with liabilities Beg balance + Credit - Debit

copy formula
 28" 14" 14" 14"

Account Acct No. Enter account number, Account Title auto

Date Items Debit Credit Balance
Beg balance same formula with Asset Led
from Service Rev Journal "beginning balance + debit fr
From Cash Receipts Journal
from Cash Payments Journal copy formula
Unadjusted balance
Adjustments
ADJUSTED BALANCE forward to Trial Balance
Closing Entries
nt number, Account Title automatically appears as well as beginning balance

same formula with Asset Ledger

"beginning balance + debit from SRJ - credit from SRJ"

forward to Trial Balance

Cash Receipts J'!A1
28" 14" 14" 14"

Account Acct No. Enter account number, Account Title a

Date Items Debit Credit Balance
Beg balance
from Service Rev Journal
From Cash Receipts Journal
from Cash Payments Journal copy formula
Unadjusted balance
Adjustments
ADJUSTED BALANCE
Closing Entries
Enter account number, Account Title automatically appears as well as beginning balance

same formula with liabilities

"beginning balance + CREDIT from SRJ - DEBIT from SRJ"

copy formula

forward to Trial Balance

 28" 14" 14" 14"

Account Acct No. Enter account number, Account

Date Items Debit Credit Balance
Beg balance
from Service Rev Journal
From Cash Receipts Journal
from Cash Payments Journal copy formula
Unadjusted balance
Adjustments
ADJUSTED BALANCE
Closing Entries
Enter account number, Account Title automatically appears as well as beginning balance

same formula with assets

"beginning balance + debit from SRJ - credit from SRJ"
Copy and Paste this table 6x for the other Expenses
copy formula

forward to Trial Balance

 MAKISIG COMPANY
Trial Balance
January 31, 2014

Acct No Account Title Debit Credit

A100 Cash
A101 Accounts Receivable
A102 Input Tax
A103 Supplies
A104 Equipment
A105 Accumulated Depreciation
A106 Prepaid Insurance
B100 Accounts Payable
B101 Output Tax
B102 Utilities Payable
B103 Salaries Payable
B104 Notes Payable
B105 Withholding Tax payable
B106 Expanded Withholding Tax Payable
C100 Makisig, Capital
D100 Makisig, Drawing
E100 Service Revenue
F100 Rent Expense
F101 Salaries Expense
F102 Utilities Expense
F103 Supplies Expense
F104 Repair & Maintenance
F105 Insurance Expense
F106 Depreciation Expense

Total
 ='Assets Ledger'!F10

link amounts here from your ledger (Assets, Cash) get the unadjusted balance
how to "link"……….. Equal sign…then go to the cell you want to link

link amounts here from your ledger (Liabilites, Accounts Payable)

get the unadjusted balance
Go to Trial Balance Sheet
Click this portion (dun sa kabilang sheet ha!!!!)
right click, Copy
Paste it to this sheet…. Sa cell A1
add columns for adjustments, adjusted trial balance, income statement and balance sheet
nd balance sheet
GAWA KAYO DITO NG FS!!!!