Accounting Cycle

Ms. Yna opened a boutique of gown and suite for snag and she begins her transactions from February, March and April
Feb. 02- Ms. Yna open a boutique. She invested P650, 000 as capital.
04- gainful the countercurrent of the space 5,000
06- Purchased repair supplies 10,000 for the renovation of the boutique.
08- Purchased supplies of the boutique 8,000
10- Ms. Tanya rent a black gown worth 6,000, for the business celebration.
12- trustworthy 2,000 cash from the customer.
14- Mr. and Mrs. Amado rented a married couple gown and suite for the wedding worth 25,000 on credit, and promise to pay within 2days.
16- Purchased superfluous gown and dress to P. Burgos from America 50,000 on credit.
18- Received the fee of Mr. and Mrs. Amado.
20- nonrecreational the salary of the helper 2,000.
24- paying(a) 2,500 to the laundry service.
Mar.03- Purchased article of furniture and Fixture 15,000.
05- Paid the utility bill.
07- Paid the 25% of the history due to P. Burgos.
09- Paid the advertising expense 1,500.
15- Received 3,000 for the honorarium of the dress rented.
17- Mrs. Princess rent a gown worth 5,000 on credit.
23- Received 6,000 from a various customer.
25- Paid the Other 25% of the account due to P. Burgos.




28- Paid the salary of the helper 2,000.
30- Paid the account due to P. Burgos in unspoiled recompense.
Apr. 01- Received the payment of Mrs. Princess.
07- Billed Ms. Legaspi 15,000 for the 2days rent of the gown.
11- Received the payment of the customer 4,500.
13- Purchased additional shop supplies 3,000.
16- Received 2,500 from the client.
21- Billed Ms. Lazaro for the sets of gown 15,000 on credit.
22- chicken out for personal use.
24- Received the payment of Mrs. Lazaro.
25- Paid 1,800 for the laundry service.
26- Paid the utility bill 1,500.

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