Date Account Title and Explanation Debit

7/1/2020 Cash P50,000

April Anne, Capital
Initial Investment
#
7/2/2020 Prepaid Rent 3,000
Cash
Paid prepaid rent
#
7/3/2020 Taxes and Licenses 4,200
Cash
Paid taxes and licenses
#
7/4/2020 Gardening Supplies 5,500
Accounts Payable
Bought gardening supplies on account
#
7/5/2020 Gardening Supplies -- Seeds 500
Cash
Bought seed for cash
#
7/7/2020 Accounts Receivable 10,500
Gardening Revenue
Billed various customers
#
7/10/2020 Accounts Payable 3,000
Cash
Paid partial payment in account made on July 4
#
7/13/2020 Cash 8,000
Gardening Revenue
Received cash for services rendered
#
7/14/2020 Cash 9,000
Accounts Receivable
Received payment from customers on account
#
7/15/2020 Salaries Expense 3,500
Cash
Paid salaries for the 1st half of the month
#
7/20/2020 Cash 6,000
Unearned Gardening Revenue
Received cash for services to be rendered
#
7/23/2020 Utilities Expense 2,200
Cash
Paid utilities for the month
#
7/27/2020 Advertising Expense 800
Cash
Paid advertising expense for the month
#
7/31/2020 Salaries Expense 3,500
Cash
Paid salaries for the 2nd half of the month
#
7/31/2020 April Anne, Drawing 3,500
Cash
Withdrew cash for personal cash
#
Credit
Account title: Cash
P50,000 Date Explanation PR
7/1/2020 Initial Investment
7/2/2020 Paid prepaid rent
7/3/2020 paid taxes and licenses
3,000 7/5/2020 Bought seed for cash
7/10/2020 Paid partial payment in account made on July 4
7/13/2020 Received cash for services rendered
7/14/2020 Received cash from customers on account
4,200 7/15/2020 Paid salaries for the 1st half of the month
7/20/2020 Received cash for services to be rendered
7/23/2020 Paid utitlities for the month
7/27/2020 Paid advertising expense for the month
5,500 7/31/2020 Paid salaries for the 2nd half of the month
7/31/2020 Withdrewal for personal use

500 Account Title: Accounts Receivable

Date Explanation PR
7/7/2020 Billed various customer
7/14/2020 Received payment from customers on account
10,500
Account Tittle: Gardening Supplies
7/4/2020 Bought gardening supplies on account
7/5/2020 Bought seeds for cash
3,000

Account Title: Prepaid Rent

7/2/2020 Paid prepaid rent
8,000
Account Title: Accounts Payable
7/4/2020 Bought gardening supplies on account
7/10/2020 Paid partial payment in account made on July 4
9,000
Account Title: Unearned Gardening Revenue
7/20/2020 Received cash for services to be rendered

3,500 Account Title: April Anne, Capital

7/1/2020 Initial Investment

Account Title: April Anne, Drawing

6,000 7/31/2020 Withdrew cash for personal use

Account Title: Gardening Revenue

 7/7/2020 Billed various customers
2,200 7/13/2020 Received cash for services rendered

Account Title: Taxes and Licenses

7/3/2020 Paid taxes and licenses
800
Account Title: Salaries Expense
7/15/2020 Paid salaries for the 1st half of the month
7/31/2020 Paid salaries for the 2nd half of the month
3,500
Account Title: Utilities Expense
7/23/2020 Paid utilities for the month

3,500 Account Title: Advertising Expense

7/27/2020 Paid utilities for the month
Debit Credit Balance
50,000
3,000
4,200 Cash
500 Accounts Receivable
3,000 Gardening Supplies
8,000 Prepaid Rent
9,000 Accounts Payable
3,500 Unearned Gardening Revenue
6,000 April Anne, Capital
2,200 April Anne, Drawing
800 Gardening Revenue
3,500 Salaries Expense
3,500 48,800 Taxes and Licenses
Utilities Expense
Advertising Expense

Debit Credit Balance

10,500
9,000 1,500

5,500
500 6000

3,000 3,000

5,500
3,000 2,500

6,000 6,000

50,000 50,000

3,500 3,500
 10,500
8,000 18,500

4,200 4,200

3,500
3,500 7,000

2,200 2,200

800 800
 Oraganic Gardening Planters
Trial Balance
July 31, 2020

48,800
1, 500
6,000
3,000
2,500
Gardening Revenue 6,000
50,000
3,500
18,500
7,000
4,200
2,200
800
Balance: P77,000 P77,000