Nancy M.

Distributor
Debit Credit
Apr-05 Accounts Receivable 243,000
Sales 243,000

Apr-07 Accounts Receivable 470,000

Freight Out 7,000
Sales 470,000
Accounts Payable 7,000

Apr-08 Sales Returns and Allowance 18,000

Account Receivable 18,000

Apr-10 Cash 218,250

Sales Discount 6,750
Accounts Receivable 225,000

Apr-11 Accounts Payable 7,000

Cash 7,000

Apr-14 Cash 455950

Sales Discount 14,100
Accounts Receivable 470,000

Apr-21 Accounts Receivable 216,000

Sales 216,000

Apr-26 Cash 209,520

Sales Discount 6480
Accounts Receivable 216,000
 Teresita Buenaflor Shoes
Date Particular Debit Credit

Feb-01 Cash ₱ 113,000.00

Accounts Receivable ₱ 113,000.00

Feb-02 Accounts Payable 64,000

Purchase Discount 1,920
Cash 62,080

Feb-04 Purchases 170,000

Accounts Payable 170,000

Feb-05 Acccounts Receivable 270,000

Sales 270,000

Feb-07 Advertising Expense 6,000

Cash 6,000

Feb-07 Cash 250,000

Sales 250,000

Feb-08 Accounts Payable 170,000

Purchase Discount 5,100
Cash 169,900

Feb-09 Freight In 4,000

Cash 4,000

Feb-10 Sales Returns and Allowances 70,000

Accounts Receivable 70,000

Feb-12 Cash 196,000

Sales Discount 4,000
Accounts Receivable 200,000

Feb-14 Interest Expense 26,000

Cash 26,000

Feb-15 Salaries Expense 51,000

Cash 51,000

Feb-16 Accounts Receivable 392,000

Sales 392,000
Feb-18 Freight Out 4,000
Cash 4,000

Feb-19 Supplies 21,000

Cash 21,000

Feb-20 Purchases 125,000

Accounts Payable 125,000

Feb-22 Miscellaneous Expense 7,000

Cash 7,000

Feb-23 Cash 384,160

Sales Discount 7,840
Accounts Receivable 392,000

Feb-24 Purchases 373,000

Accounts Payable 373,000

Feb-24 Freight In 9,000

Cash 9,000

Feb-25 Accounts Receivable 420,000

Sales 420,000

Feb-26 Sales Return and Allowances 71,000

Accounts Receivable 71,000

Feb-28 Buenaflor, Withdrawals 400,000

Cash 400,000

Feb-28 Accounts Payable 25,000

Purchase Returns and Allowances 25,000