CASE 2

INTRODUCTION

In January 2020, ADSET Trading Corporation was established as a corporation with authorized
capital of P 500,000 and with paid-up capital of P300,000. ADSET is engaged in buying and selling
of merchandise with store located at Taguig.

The corporation prepares financial statements on a monthly basis. Hence, it prepares adjusting and
closing entries at the end of each month.

Jansen Trading Corporation maintains the following Chart of Accounts:

111 Cash
113 Accounts Receivable
115 Merchandise Inventory
118 Input VAT
121 Store Equipment
121A Accumulated Depreciation-Store Equipment
122 Office Equipment
122A Accumulated Depreciation-Office Equipment

211 Accounts Payable

212 Withholding Taxes Payable
213 Expanded Withholding Taxes Payable
214 SSS,PhilHealth and Pag-IBIG Contributions Payable
215 Utilities Payable
218 Output VAT
219 Cash Dividends Payable
311 Ordinary Share Capital. P 100 par
312 Retained Earnings
313 Income Summary

411 Sales
412 Sales Return and Allowances
413 Sales Discount
511 Purchases
512 Purchase Returns and Allowances
513 Purchase Discounts

522 Salaries expense

523 SSS, PhilHealth, and Pag-IBIG Contributions
531 Rent expense
532 Utilities expense
533 Supplies expense
534 Transportation expense
541 Depreciation expense-Store Equipment
542 Depreciation Expense-Office Equipment
551 Miscellaneous Expense
561 Income Tax Expense
The corporation’s policy includes the following:
1. The corporation uses special journals to record service revenues, cash receipts, and cash
disbursements in addition to general journal. It also maintains subsidiary ledger both ofr its
customers and suppliers or creditor.
2. Depreciation on store and office equipment is 10% per annum based on the store and office
equipment balance.
3. Purchases of supplies are immediately charged to expense.
4. Merchandise Inventory at September 30 is 120,000

ADSET Trading Corporation post-closing trial balance as of August 31, 2020 is as follows:

Debit Credit
Cash P 200,000
Accounts Receivable 25,000
Merchandise Inventory 100,000
Input VAT 12,000
Store Equipment 120,000
Accumulated Depreciation-Store Equipment 8,000
Office Equipment 81,000
Accumulated Depreciation-Office Equipment 5,400
Accounts Payable 30,000
Withholding Taxes Payable 800
Expanded Withholding Taxes Payable 500
SSS, PhilHealth, and Pag-IBIG Contributions Payable 5,550
Utilities Payable 3,800
Ordinary Share Capital, P 100 par 300,000
Retained Earnings 183,950

ADSET Trading Corporation

GENERAL JOURNAL
 Page 1
DATE
PARTICULARS PR DEBIT CREDIT
2020
INSTITUTIONAL ASSESSMENT

CASE 1
 ADSET Trading Corporation
SALES JOURNAL

Page 1
Accounts
Date Invoice Sales Output Vat Receivable
2020 no. Accounts Debited PR credit credit debit

Total
( ) ( ) ( )
 ADSET Trading Corporation
CASH RECEIPTS JOURNAL

Page 1
Accounts Sales
Date Invoice Receivable Sales Output Vat Discount Cash
2020 OR No. no. Accounts Credited PR credit credit credit debit debit

Total
( ) ( ) ( ) ( ) ( )
 ADSET Trading Corporation
PURCHASE JOURNAL

Page 1

Date Invoice Purchases Input VAT Accounts Payable

2020 no. Accounts Credited PR debit debit credit

Total
( ) ( ) ( )

ADSET Trading Corporation

CASH DISBURSEMENT JOURNAL
 Page 1
SSS,
Sundry Salaries PH,Pag With. Tax Accounts Purchase
Check Expense Pay Payable Payable Discount Cash
Date Voucher Check debit/ debit Debit
2020 No. no. Accounts Debited PR (credit) debit (credit) (credit) debit credit credit

Total
( ) ( ) ( ) ( ) ( ) ( ) ( )

ADSET Trading Corporation

GENERAL LEDGER
 Account: ACCOUNTS RECEIVABLE 113
Account: CASH 111
Date Item PR Debit Credit Balance
Date Item PR Debit Credit Balance

Account: INPUT VAT 118

Account: MERCHANDISE INVENTORY 115
Date Item PR Debit Credit Balance
Date Item PR Debit Credit Balance

ADSET Trading Corporation

GENERAL LEDGER
Account: STORE EQUIPMENT 121 Account: OFFICE EQUIPMET 122
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: ACC. DEPRECIATION-STORE EQUIPMENT 121A Account: ACC. DEPRECIATION-OFFICE EQUIPMENT 122A
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

ADSET Trading Corporation

GENERAL LEDGER
Account: ACCOUNTS PAYABLE 211 Account: WITHHOLDING TAXES PAYABLE 212
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: SSS,PH, and Pag-IBIG PAYABLE 214 Account: EXPANDED WITHHOLDING TAXES PAYABLE 213
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

ADSET Trading Corporation

GENERAL LEDGER
Account: OUTPUT VAT 218 Account: CASH DIVIDENDS PAYABLE 219
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: UTILITIES PAYABLE 215 Account: RETAINED EARNINGS 312

Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

ADSET Trading Corporation

GENERAL LEDGER
Account: ORDINARY SHARE, CAPITAL 311 Account: INCOME SUMMARY 313
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: SALES 411

Date Item PR Debit Credit Balance

Account: SALES RETURN AND ALLOWANCES 412

Date Item PR Debit Credit Balance
 ADSET Trading Corporation
GENERAL LEDGER

Account: SALES DISCOUNT 413 Account: PURCHASES 511

Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: PURCHASE RETURNS AND ALLOWANCES 512 Account: PURCHASE DISCOUNT 513
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance
 ADSET Trading Corporation
GENERAL LEDGER

Account: SSS, PhilHealth, and Pag-IBIG CONTRIBUTIONS 523

Account: SALARIES EXPENSE 522
Date Item PR Debit Credit Balance
Date Item PR Debit Credit Balance

Account: RENT EXPENSE 531

Date Item PR Debit Credit Balance
 ADSET Trading Corporation
GENERAL LEDGER

Account: SUPPLIES EXPENSE 533 Account: TRANSPORTATION EXPENSES 534

Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: DEPRECIATION EXPENSE-STORE EQUIPMENT 541 Account: DEPRECIATION EXPENSE-STORE EQUIPMENT 542
Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance
 ADSET Trading Corporation
GENERAL LEDGER

Account: MISCELLANEOUS EXPENSE 551

Date Item PR Debit Credit Balance

ADSET Trading Corporation

ACCOUNTS PAYABLE SUBSIDIARY LEDGER

Account: GHI CO.

Date Item PR Debit Credit Balance
 ADSET Trading Corporation
ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER

Account: MOON CO. Account: RAINBOW CO.

Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: STAR CORP.

Date Item PR Debit Credit Balance
 ADSET Trading Corporation
ACCOUNTS PAYABLE SUBSIDIARY LEDGER

Account: ABC CO. Account: DEF CORP.

Date Item PR Debit Credit Balance Date Item PR Debit Credit Balance

Account: STU CO
Date Item PR Debit Credit Balance
Sept. 1 Bal-Invoice 1475 / 30,000
 ADSET Trading Corporation
WORKSHEET
For the month ended September 30. 2020
Account Trial Balance Adjustments Statement of Comp. Income Statement of Fin. Position
Number Account Titles Debit Credit Debit Credit Debit Credit Debit Credit
 ADSET Trading Corporation
STATEMENT OF COMPREHENSIVE INCOME
For the month ended September 30, 2020

Sa;les _________________
Sales Returns and Allowances _________________
Sales DISCOUNT _________________
Net Sales ___________________
Purchases __________________
Purchase Returns and Allowances _________________
Purchase Discount
Net Purchases _________________
Merchandise Inventory, beg ___________________
Merchandise Inventory, end __________________
Cost of Goods Sold ___________________
Gross Profit ___________________
Salaries expenses ____________________
SSS, PhilHealth, and Pag-IBIG Cntributions ____________________
Rent Expense ____________________

Utilities Expense ____________________

Supplies Expense ____________________
Transportation expense ____________________
Depreciation Expense-Store Equipment ____________________
Depreciation Expense-Office Equipment ____________________
Total Expenses ____________________
NET INCOME (LOSS) ____________________
 JANSEN CORPORATION
SHAREHOLDERS EQUITY
September 30, 2020

Ordinary Share Capital, P 100 par P _______________

Retained Earnings _______________
Total Contributes Capital ________________
TOTAL SHAREHOLDERS’ EQUITY ________________
 JANSEN CORPORATION
STATEMENT OF FINANCIAL POSITION
As of September 30, 2020

ASSETS
Cash P _____________________
Accounts Receivable _____________________
Merchandise Inventory _____________________
Input VAT ____________________
Total Current Assets _________________
Store Equipment P _________________
Accumulated Depreciation-
Store Equipment _______________ P ____________________
Office Equipment _______________
Accumulated Depreciation-
Office Equipment _______________ P ____________________
Total Non-Current Assets _________________
TOTAL ASSETS p _______________
LIABILITIES
Accounts Payable P _______________
Withholding Taxes Payable _______________
Expanded Withholding Taxes
Payable _______________
SSS, Philhealth, and Pag-IBIG
Contributions Payable _______________
Utilities Payable _______________
Output VAT _______________
TOTAL LIABILITIES p _______________
SHAREHOLDERS EQUITY
Contributed Capital

Ordinary Share Capital, P 100 par P _______________

Retained Earnings ________________
TOTAL SHAREHOLDERS’ EQUITY ________________
TOTAL LIABILITES AND SHAREHOLDERS’ EQUITY p _______________
 ADSET Trading Corporation
STATEMENT OF CASH FLOWS
For the month ended September 30, 2020

CASH-IN ACTIVITIES

______________________________________ P _______________________
______________________________________ ________________________
______________________________________ ________________________
Total Cash-in P _______________

CASH- OUT ACTIVITIES

______________________________________ P _______________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ _______________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
______________________________________ ________________________
Total Cash-out P _______________

Net Increase (decrease) P________________

Add: Cash Balance, November 1 _________________

CASH BALANCE, September30 P _______________

 ADSET Trading Corporation
GENERAL JOURNAL

Page 2
DATE
PARTICULARS PR
2020 DEBIT CREDIT
 ADSET Trading Corporation
GENERAL JOURNAL

Page 3
DATE
PARTICULARS PR
2020 DEBIT CREDIT
 ADSET Trading Corporation
POST CLOSING TRIAL BALANCE
September 30, 2020

Account Titles Debit Credit

 Jansen Corporation
Curry Avenue, Catb. City
SOURCE DOCUMENTS
Official Receipt No. 2001 Date: Sept. 8
Customer: Love Trading
Address: Del Rosario St. Catb. City
Invoice: COD Jansen Corporation
Curry Avenue, Catb. City

Official Receipt No. 2003 Date: Sept. 20

Particulars Amount
Customer: Sayo Ako Co.
Cash Sales Address: Brgy. 3. Catb. City
P130,000 -
Vat Invoice: 6002
15,600 -

Total P145,600 -
Particulars Amount
Cash Check/ P145,600
Amount P112,000 -
Prepared by: Discount (2,000) -

Peter Chua Total P1100,00 -

Jansen Corporation 0
Curry Avenue, Catb. City
BC Co. Cash Check/ P110,000
Patag District, Catb. City
Official Receipt No. 2002 Date: Sept. 11 Prepared by:
InvoiceCustomer:
No. 1341 Tapat Co.Sept. 3
Date:
Address:
Customer: JansenSanFrancisco
Corp. St. Catb. City Peter Chua
Invoice: 6001
Address: Curry Avenue, Catb. City
Terms: 2/10, n/30

Particulars Amount
Particulars
Amount Qty Amount
P168,000 -
Return
Amount (22,400)
P120,000 - -
Discount
Vat 14,400(2,600)
-
Total P143,000 -
Total P134,400 -
Cash Check/ P143,000
Prepared by:
Prepared by:
Sarah Tui
 Jansen Corporation
Curry Avenue, Catb. City

Official Receipt No. 2004 Date: Sept. 22

Customer: Akin Ka Inc.
Address: Brgy. 13, Catb. City
Invoice: 5004

Particulars Amount

Amount P25,000 -

Total P25,000 -

Cash Check/ P25,000

Prepared by:

Peter Chua
KJ Trading
Brgy. Canlapwas, Catb. City

Invoice No. 5027 Date: Sept. 5

Customer: Jansen Corp.
Address: Curry Avenue, Catb. City
Terms: 1/15, n/30

Particulars Qty Amount

Amount P180,000 -
Vat 21,600 -

Total P201,600 -

Prepared by:

Angel Dimagiba
 Jansen Corporation
Curry Avenue, Catb. City
ABC Co.
Check Voucher No.91003 Date: Sept. 5 Brgy. San Pablo, Catb. City
Payee: Away Realty Corp.
Invoice No. 9041 Date: Sept. 8
Customer: Jansen Corp.
Address: Curry Avenue, Catb. City
Terms: n/30
Description Amount
Rent – Sept. 2020 P10,000 -
Expanded Withholding -
Particulars Qty Amount
tax on Rent (500)
Amount P70,000 -
Total P9,500 -
Vat 8,400 -
Check #4210003
Total P78,400 -
Approved by: Recorded By: Received by:
Prepared by:
Jack P. Tan
Dina B.
Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.91004 Date: Sept. 10

Payee: BIR

Description Amount
Withholding tax P800 -
Expanded Withholding -
tax on Rent 500

Total P1,300 -
Check #4210004

Approved by: Recorded By: Received by:

Jack P. Tan
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210007 02008
2245

DATE: Sept. 10
PAY TO THE
ORDER OF SAMELCO P3,000.-
PESOS Three thousand pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE

ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB

1081-1521-19 JANSEN CORPORATION 004210008 02008
2245

DATE: Sept. 15
PAY TO THE
ORDER OF Cash_____________ P23,050.-
PESOS Twenty three thousand fifty pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZEED SIGNATURE
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210004 02008
2245

DATE: Sept. 10
PAY TO THE
ORDER OF Bureau of Internal Revenue P1,300.-
PESOS One thousand three hundred only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZEED SIGNATURE
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210012 02008
2245

DATE: Oct. 10
PAY TO THE
ORDER OF SSS, Philhealth, and Pag-Ibig P3,500.-
PESOS Three thousand five hundred pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZEED SIGNATURE

ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB

1081-1521-19 JANSEN CORPORATION 004210003 02008
2245

DATE :Sept. 5
PAY TO THE
ORDER OF Away Realty Corp P 9,500.-
PESOS Nine thousand five hundred pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZEED SIGNATURE
 ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210006 02008
2245

DATE: Nov. 10
PAY TO THE
ORDER OF Nawasa Kooperative P 800.-
PESOS Eight hundred pesos only

BANK of INTEGRITY Glem Marketing

Mabini Avenue Branch Brgy. Canlapwas Catb. City
Catbalogan, City _ signature _
Official Receipt No. 14322 Date:AUTHORIZED
Sept. 5 SIGNATURE
NAWASA KOOPERATIVE
Brgy. 3, Catb. City SAMELCO
Customer: Jansen Corporation Brgy. 13, Catb. City
Statement of Account
Address: Curry Avenue Catb., City Statement of Account
No. 32175 DATE: Oct. 05
Invoice: No. 48134 DATE: Oct. 07
CUSTOMER: Jansen Corporation
ADDRESS: Curry Avenue Catb., City CUSTOMER: Jansen Corporation
ADDRESS: Curry Avenue Catb., City
Particulars Amount
Office Equipment
Gross Amount VAT P15,000 -
Water Consumption (Sept. 350 - Gross Amount
1,800
2020) Electricity Usage (Sept. 2020) 2000 -
Total P16,800 -
Total P350 - Total P2000 -
Cash Check/ P16,800
Cash Check/ P350 Cash Check/ P2000
Prepared by: Prepared by:
Prepared by:
Anna Roces Maria Mercedes
Rhiana Grande
 NAWASA KOOPERATIVE
Brgy. 3, Catb. City

Official Receipt No. 04108

DATE: Sept. 10

CUSTOMER: Jansen Corporation

ADDRESS Curry Avenue Catb., City
INVOICE: 575409

Gross Amount
Water Consumption (Aug. 800 -
2020)
Total P800 -
Cash Check/ P800
Prepared by:

Susan Orot

SAMELCO
Brgy. 13, Catb. City

Official Receipt No. 45123

DATE: Sept. 10

CUSTOMER: Jansen Corporation

ADDRESS: Curry Avenue Catb., City
INVOICE: 344550

Gross Amount
Electricity Usage (Aug. 2020) 3000 -
Total P3000 -
Cash Check/ P3000
Prepared by:

Emily Ang

Away Realty Corp.

Brgy. Maulong Catb. City
 GOVERNMENT Bank
Del Rosario St. Catb City

PAYMENT SLIP Date: Sept. 10 J&J Partnership

Payment for: SSS,Philhealth and Pag- Curry Avenue, Catb. City
Jansen Corporation IBIG
Curry Avenue, Catb. City Company Name: Jansen Corporation PAYROLL SUMMARY
For the period covered September 16 to 30, 2020
PAYROLL SUMMARY Reference : 852-248-776-315
For the period covered September 1 to 15, 2020

Particulars Amount Gross Deductions Net

Employees’ P2,050 - P24,000 SSS P1,100 P22,100 -
Gross Deductions Net share Wh tax 800
P24,000 Pag-Ibig P200 P23,050 - Employer’s Total 1,900
Philhealth 750 share 3,500 Total P22,100 -
Total 950 - Cash Check/ P22,100
Total P23,050 - Total P5,550 -
Cash Check/ P23,050 Cash Check/ P5,550 Prepared by: Approved by:
Prepared by: Approved by:

Prepared by: Peter Ong Michael Dy

Peter Ong Michael Dy .

Disiree Ming
 GOVERNMENT Bank
Del Rosario St. Branch
Jansen Corporation
Curry Avenue, Catb. City PAYMENT SLIP Date: Sept. 10
Payment for: BIR
Check Voucher No.910012 Date: Oct. 10 Company Name: Jansen Corporation
Payee: SSS, Philhealth and Pag-Ibig
Reference : 817-541-348-000

Particulars Amount
Description Amount
Withholding tax P800 -
Employers share on 3,500 -
on
SSS, Philhealth and Pag- -
compensation
Ibig contribution
Expanded
Total 3,500 -
Withholding tax 500 -
Check #4210012 on Rent

Total P1,300 -
Approved by: Recorded By: Received by:
Cash Check/ P1,300

Jack .P. Tan

Prepared by:

Disiree Ming
NBS Bookstore
Brgy. 10, Catb. City
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210005 02008
Official Receipt No. 1723 Date: Sept. 3
2245
Customer: Jansen Corporation
DATE: Sept. 10
PAY TO THE Address: Curry Avenue, Catb. City
ORDER OF SSS, Philhealth and Pag-Ibig P5,550.-
Invoice: COD
PESOS Five thousand five hundred fifty pesos only
Particulars Amount
Office Supplies P1,500 -
BANK of INTEGRITY VAT 180 -
Mabini Avenue Branch Total P1,680 -
Catbalogan, City _ signature _
Cash
AUTHORIZED SIGNATURE Check/ P1,680
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210009 02008
2245

DATE: Sept. 16
PAY TO THE
ORDER OF RST Co. P 30,000.-
PESOS Thirty thousand pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE

ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB

1081-1521-19 JANSEN CORPORATION 004210015 02008
2245

DATE: Dec. 10
PAY TO THE
ORDER OF Cash P30,000.-
PESOS Thirty thousand pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE
 Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.910011 Date: Sept. 30

Payee: Jack P. Tan

Description Amount
Cash Withdrawal by 10,000 -
Jack P. Tan -
Total P10,000 -
Check #4210011
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210009 02008
Approved by: Recorded By: 2245
Received by:

DATE: Sept. 16
PAY TO THE Jack P. Tan
ORDER OF RST Co P30,000.-
PESOS Thirty thousand pesos only Jansen Corporation
Curry Avenue, Catb. City

BANK of INTEGRITY Check Voucher No.91009 Date: Sept. 16

Mabini Avenue Branch
Catbalogan, City Payee:
_ RST Co.signature _
AUTHORIZED SIGNATURE

Description Amount
Invoice Number 1457 30,000 -
-
Total P30,000 -
Check #4210009

Approved by: Recorded By: Received by:

Jill A. Sy
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210001 02008
2245

DATE: Sept. 3
PAY TO THE
ORDER OF NBS Bookstore P1,680.-
PESOS One thousand six hundred eighty pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE
 Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.91007 Date: Sept. 10

Payee: SAMELCO
Description Amount
Electricity Usage- P3000 -
August,2020 -

Total P3000 -

Check #4210007

Approved by: Recorded By: Received by:

Jack P. Tan

Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.91008 Date: Sept. 10

ACCOUNT NO. ACCOUNT NAMEPayee: Cash CHECK NO. ACOXB

1081-1521-19 JANSEN CORPORATION Description 004210002 Amount 02008
Payroll P24,000 - 2245
Pag-Ibig (200) -
Philhealth (750)Sept. 5
DATE:
PAY TO THE Total P23,050 -
ORDER OF Office Machine Center P 6,720.-
PESOS Six thousand seven hundred twenty pesos only
Check #4210008

BANK of INTEGRITY Approved by: Recorded By: Received by:

Mabini Avenue Branch
Catbalogan, City Jack P. Tan _ signature _
AUTHORIZED SIGNATURE
 Jansen Corporation
Jansen Corporation Curry Avenue, Catb. City
Curry Avenue, Catb. City
Check Voucher No.91001 Date: Sept. 3
Check Voucher No.91008 Date: Sept. 30
Payee: NBS Bookkstore
Payee: Cash
Description Amount
Payroll P24,000 -
SSS (1100) - Description Amount
Withholding tax (800) Office Supplies P1,500 -
Total P22,100 - VAT 180 -
Jansen Corporation Total P1,680 -
Curry Avenue, Catb. City Check #4210001
Jansen Corporation JANSEN CORPORATION
Check #4210009 Curry Avenue, Catb. City
Curry Avenue, Catb. City
Check Voucher No.91006 Date: Sept. 10
Approved by: Recorded By: Received by: Approved Check
by: Sept.Recorded By: Voucher
ReceivedNo.91005
by: Date: Sept. 10
Check Voucher No.91002 Date: 5
Payee: NAWASA Kooperative
Jack P. Tan Mary Kay
Payee: Glem Marketing Payee: SSS, Philhealth and Paag-Ibig

Description Amount
Description Amount Office Equipment P15,000 -
Water Consumption- P800 - VAT 1,800 - Description Amount
October 2020 - Total P16,800 - Employees’ share P2,050 -
Employers’ share 3,500 -
Check #4210002
Total P800 - Total P5,550 -
Check #4210006 Check #4210005

Approved by: Recorded By: Received by:

Approved by: Recorded By: Received by: Approved by: Recorded By: Received by:

Mary Kay
Jack P. Tan
Jack P. Tan
 OFFICE MACHINE CENTER
Curry Avenue, Catb. City Jansen Corporation
Curry Avenue, Catb. City
Official Receipt No. 14322 DATE: Sept. 5
Check Voucher No.91002 Date: Sept. 5
CUSTOMER: Jansen Corporation
ADDRESS: Curry Avenue Catb., City Payee: Office Machine Center
INVOICE:

Description Amount Description Amount

Office Equipment P6,000 - Office Equipment P 6,000 -
VAT 720 - VAT 720 -
Total P6,720 - Total P6,720 -
Cash Check/ P6,720 Check #4210002

Prepared by:
Approved by: Recorded By: Received by:
Patrick Cheng
Mary Kay
 GOVERNMENT Bank
Del Rosario St. Branch

PAYMENT SLIP Date: Sept. 10

Payment for: SSS PhilHealth and Pag-
IBIG Jansen Corporation
Company Name: Jansen Corporation Curry Avenue, Catb. City

Reference : 817-541-348-000 Saes Invoice No. 6002 Date: Sept. 10

Customer: Ako Trading
Address: Canlapwas Catb. City
Particulars Amount Terms: 2/10, n/30
Employees’Shar P2,050 -
e 3,500 -
Employers’ Particulars Qty Amount
Share
Sales P100,000 -
Total P5,550 - Vat 12,000 -
Cash Check/ P5,550
Total P112,000 -

Prepared by: Prepared by:

Disiree Ming Angel Chong

Jansen Corporation
Curry Avenue, Catb. City

Saes Invoice No. 6001 Date: Sept. 3

Customer: Ikaw Co.
Address: Curry Avenue, Catb. City
Terms: 2/10, n/30

Particulars Qty Amount

Sales P150,000 -
Vat 18,000 -

Total P168,000 -
 Jansen Corporation
Curry Avenue, Catb. City Jansen Corporation
Curry Avenue, Catb. City
Saes Invoice No. 6003 Date: Sept. 15
Customer: Sila Corp. Check Voucher No.91015 Date: Dec.10
Address: Brgy. 2 Catb. City
Terms: 2/10, n/30 Payee: Cash

Particulars Qty Amount

Description Amount
Sales P180,000 - Cash Dividends P 30,000 -
Vat 21,600 - -
Total P 30,000 -
Total P201,600 - Check #4210015

Prepared by:
Approved by: Recorded By: Received by:
Angel Chong
Mary Kay
 BC Co.
Jansen Corporation Patag District, Catb. City
Curry Avenue, Catb. City
Receiving Report No. 7001 Date: Sept. 5
Receiving Report No. 7001 Date: Sept. 5
Customer: Jansen Corporation
Customer: Ikaw Co. Address: Curry Avenue, Catb. City
Address: Curry Avenue, Catb. City Reason: Damaged Merchandise
Reason: Damaged Merchandise
Particulars Qty Amount
Particulars Qty Amount
Invoice No. 1341 P20,000 -
Invoice No. 6001 P20,000 - Vat 2,400 -
Vat 2,400 -
Total P22,400 -
Total P22,400 - Approved by: Recorded By: Received by:
Approved by: Recorded By: Received by:
Pamela M.
Jun T.
 RST COMPANY
Curry Avenue, Catb. City KJ TRADING
Brgy. Canlapwas, Catb. City
Official Receipt No. 4702 DATE: Sept. 16
Official Receipt No. 2328 DATE: Sept. 20
CUSTOMER: Jansen Corporation
ADDRESS: Curry Avenue Catb., City CUSTOMER: Jansen Corporation
INVOICE: 1475 ADDRESS: Curry Avenue Catb., City
INVOICE: 5027

Description Amount
Description Amount
Amount P 30,000 -
Amount P 199,800 -
Total P 30,000 -
Total P 199,800 -
Cash Check/ P 30,000
Cash Check/ P 199,800
Prepared by:
Prepared by:
Elsa M.
Elsa M.
Jansen Corporation Jansen Corporation
Curry Avenue, Catb. City Curry Avenue, Catb. City

Check Voucher No.91010 Date: Sept. 20 Check Voucher No.91012 Date: Sept. 30

Payee: KJ Trading Payee: BC Co.

Description Amount Description Amount

Invoice No. 5027 P201,600 - Invoice No. 1341 P134,400 -
Disocunt 1,800 - Return (22,400) -
Total P199,800 - Total P112,000 -
Check #4210010 Check #4210012

Approved by: Recorded By: Received by: Approved by: Recorded By: Received by:

Mary Kay Mary Kay

ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210010 02008
2245

DATE: Sept. 20
PAY TO THE
ORDER OF KJ Trading P 199,800.-
PESOS One hundred ninety nine thousand eight hundred pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE
 ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210012 02008
2245

DATE: Sept. 30
PAY TO THE
ORDER OF BC Company P 112,000.-
PESOS One hundred twelve thousand pesos only

XY Co.
BANK of INTEGRITY BC COMPANY
Brgy. 7 District, Catb. City
Mabini Avenue Branch Patag District, Catb. City
Catbalogan, City _ signature _
Official Receipt No. 2715 DATE: Sept. 25 Official Receipt No. 4917
AUTHORIZED SIGNATURE DATE: Sept. 30

CUSTOMER: Jansen Corporation CUSTOMER: Jansen Corporation

ADDRESS: Curry Avenue Catb., City ADDRESS: Curry Avenue Catb., City
INVOICE: COD INVOICE: 1341

Description Amount Description Amount

Amount P 30,000 - Amount P 112,000 -
Vat 3,600
Total P 112,000 -
Total P 33,600 - Cash Check/ P 112,000
Cash Check/ P 33,600
Prepared by:
Prepared by:
Elsa M.
J.L.
 Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.91011 Date: Sept. 25

Payee: XY Co.

Description Amount
Cash Purchases P30,000 -
Vat 3,600) -
Total P33,600 -
Check #4210011

Approved by: Recorded By: Received by:

Kay A.

Jansen Corporation
Curry Avenue, Catb. City

Check Voucher No.91013 Date: Sept. 30

Payee: Cash

Description Amount
Payroll P24,000 -
SSS (1,100) -
Withholding Taxes (800)
Total P22,100 -
Check #4210013

Approved by: Recorded By: Received by:

Chelsea G.
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210011 02008
2245

DATE: Sept. 25
PAY TO THE
ORDER OF XYCompany P 33,600.-
PESOS Thirty three thousand six hundred pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE
ACCOUNT NO. ACCOUNT NAME CHECK NO. ACOXB
1081-1521-19 JANSEN CORPORATION 004210013 02008
2245

DATE: Sept. 30
PAY TO THE
ORDER OF CASH P 22,100-
PESOS Twenty two thousand one hundred pesos only

BANK of INTEGRITY
Mabini Avenue Branch
Catbalogan, City _ signature _
AUTHORIZED SIGNATURE