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Business
Accounting
3.Unadjusted Trial Balance

3.Unadjusted Trial Balance

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 13Q: What is the difference between the trial balance and the adjusted trial balance?
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DATE ACCOUNTS AND EXPLANATION DR CR Format for Unajusted Trial Balance
Transcribed Image Text:DATE ACCOUNTS AND EXPLANATION DR CR Format for Unajusted Trial Balance
Practice Set 1 Mr. Joshua A. opened his laundry business in Cavite City on January 2, 2016. The following transactions occurred during the month of January 2016: Please prepare the following reports: 1 Ge 3.Unadjusted Trial Balance Date Transactions 1/2/16 Invested PHP500,000 to his business. The trade name of the business was "MR. LABADERO" 1/3/16 Hired Allan and Allie who will manage his business 1/4/16 Collections from various customers for the day - PHP3,000 1/5/16 Purchase store supplies from Labada Store - PHP10,000 1/7/16 Collections from various customers for the day - PHP8,000 1/8/16 MR. LABADERO entered into an exclusive contract with Sikat Hotel where the business will do all the laundry of the hotel. 1/9/16 Sikat Hotel availed the services of MR. LABADERO amounting to PHP15,000. Payment will be made on January 20, 2016. 1/10/16 Collections from various customers for the day - PHP12,000 1/12/16 Purchase a washing machine amounting to PHP50,000 1/15/16 Collections from various customers for the day - PHP20,000 1/19/16 Paid electricity bill for the month amounting to PHP18,000 1/20/16 Received payment from Sikat Hotel amounting to PHP15,000 1/21/16 Paid salaries of Allan and Allie - PHP15,000 1/22/16 Mr. Joshua A. needed money for the hospitalization of his son. He withdrew PHP18,000 from the business 1/25/16 Paid airfare ticket of PHP1,500 for the travel of Mr. Joshua A. to Palawan to negotiate a contract with Sosyal Hote 1/26/16 Paid taxes to the City of Cavite, PHP4,000 1/27/16 Purchased office supplies amounting to PHP12,500 1/28/16 Collections from various customer for the day - PHP5,000 1/29/16 Sosyal Hotel availed the services of MR. LABADERO amounting to PHP15,000 payable on Feb 25, 2016.
Transcribed Image Text:Practice Set 1 Mr. Joshua A. opened his laundry business in Cavite City on January 2, 2016. The following transactions occurred during the month of January 2016: Please prepare the following reports: 1 Ge 3.Unadjusted Trial Balance Date Transactions 1/2/16 Invested PHP500,000 to his business. The trade name of the business was "MR. LABADERO" 1/3/16 Hired Allan and Allie who will manage his business 1/4/16 Collections from various customers for the day - PHP3,000 1/5/16 Purchase store supplies from Labada Store - PHP10,000 1/7/16 Collections from various customers for the day - PHP8,000 1/8/16 MR. LABADERO entered into an exclusive contract with Sikat Hotel where the business will do all the laundry of the hotel. 1/9/16 Sikat Hotel availed the services of MR. LABADERO amounting to PHP15,000. Payment will be made on January 20, 2016. 1/10/16 Collections from various customers for the day - PHP12,000 1/12/16 Purchase a washing machine amounting to PHP50,000 1/15/16 Collections from various customers for the day - PHP20,000 1/19/16 Paid electricity bill for the month amounting to PHP18,000 1/20/16 Received payment from Sikat Hotel amounting to PHP15,000 1/21/16 Paid salaries of Allan and Allie - PHP15,000 1/22/16 Mr. Joshua A. needed money for the hospitalization of his son. He withdrew PHP18,000 from the business 1/25/16 Paid airfare ticket of PHP1,500 for the travel of Mr. Joshua A. to Palawan to negotiate a contract with Sosyal Hote 1/26/16 Paid taxes to the City of Cavite, PHP4,000 1/27/16 Purchased office supplies amounting to PHP12,500 1/28/16 Collections from various customer for the day - PHP5,000 1/29/16 Sosyal Hotel availed the services of MR. LABADERO amounting to PHP15,000 payable on Feb 25, 2016.
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