DALUBHASAANG POLITEKNIKO NG LUNGSOD BALIWAG
INSTITUTO NG PANGANGALAKAL AT PAGTUTUOS
Business Project Report
Accounting Information System
Project Title:
"PrintXpress"
In Partial Fulfillment of the Requirements in
Accounting Information System
Submitted by:
De Guzman, Marjorie R.
Vizconde, Francine Drexel S.
BSA 2-A
Submitted to:
MRS. ARLENE Y. IMPERIAL, CPA
Date:
May 7, 2025
TABLE OF CONTENTS
Business Overview
Chart of Accounts
Source Documents
Trial Balance (January 2025)
General Journal (January 2025)
Sales Journal (January 2025)
Cash Receipts Journal (January 2025)
Purchase Journal (January 2025)
Cash Disbursement Journal (January 2025)
Subsidiary Ledgers (January 2025)
General Ledger (January 2025)
Flowcharts: Revenue Cycle & Expenditure Cycle
BUSINESS NAME: PrintXpress
BUSINESS OWNERS:
1. Vizconde, Francine Drexel S.
2. De Guzman, Marjorie R.
Nature of the Business:
Printxpress is a full-service printing company that specializes in high-quality
paper-based prints, and bookbinding services. We cater to individuals,
businesses, and organizations by offering a wide range of printing solutions,
including:
Paper Prints – Business cards, flyers, brochures, invitations, certificates,
and posters.
Bookbinding Services – Hardbound and softbound bookbinding for thesis,
reports, and documents.
Photocopying and Document Printing – High-resolution prints for academic
and professional use.
Location
Our goal isoftothe Business:
deliver affordable, high-quality, and fast printing services while
2nd floor, BMG Building, Barrera
ensuring customer satisfaction andStreet, Poblacion,
precision in everyBaliwag,
print. Bulacan
Capital Requirement:
Vizconde, Capital - 100,000
De Guzman, Capital- 100,000
Total Capital 200,000
ACCOUN
ACCOUNT NAME
T CODE
100-199 Current Assests
101 Cash in Bank
102 Petty Cash
120 Accounts Receivable
125 Allowance for Doubtful Accounts
150 Inventory
160 Paper Printing & Photocopying Supplies
161 Bookbinding Materials Supplies
170 Prepaid Rent
200-299 Noncurrent Assets
210 Equipment
211 Accumulated Depreciation- Equipment
220 Furnitures and Fixtures
221 Accumulated Depreciation- Furnitures and Fixtures
250 Other Assets
300-399 Liabilities
300 Accounts Payable
301 Notes Payable
310 Salaries Payable
315 Income Tax Payable
321 Deferred Revenue
350 Other Liabilities
400-499 Equity
400 Vizconde's Capital
401 De Guzman's Capital
410 Vizconde's Drawings
415 De Guzman's Drawings
420 Income Summary
421 Vizconde's Profit Share
450 De Guzman's Profit Share
500-599 Revenue
500 Paper Printing & Photocopying Sales
510 Bookbinding & Document Services
515 Miscellaneous Income
600-699 Expenses
Cost of Goods Sold
600 Paper & Printing Materials Expense
610 Bookbinding Materials Expense
Operating Expense
620 Equipment Maintenance & Repairs
621 Rent Expense
625 Electricity & Water Expense
630 Internet & Software Subscription Expense
Salaries & Employee Costs
640 Salaries Expense
641 Employee Benefits & Bonuses
650 Advertising & Promotion Expense
651 Office Supplies Expense
Other Business Expenses
660 Taxes & Government Fees
661 Miscellaneous Expense
Source Documents:
Control No. No. of Sheets
Sales Invoice 001-100 100
Service Invoice 001-100 100
Cash receipt 001-100 100
Purchase Order 001-050 50
Time Card 2
PrintXpress
Trial balance for the month of January 2025
INITIAL CAPITALIZATION TRANSACTIONS FOR THE MONTH ENDING BALANCES JAN 2025
GENERAL LEDGER DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
CASH ON HAND ₱ 200,000.00 ₱ 110,471.00 ₱ 91,000.00 ₱ 219,471.00
EQUIPMENT ₱ 50,000.00 ₱ 50,000.00
PAPER PRINTING & PHOTOCOPYING SUPPLIES ₱ 7,500.00 ₱ 7,500.00
BOOKBINDING MATERIALS SUPPLIES ₱ 4,500.00 ₱ 4,500.00
PREPAID RENT ₱ 30,000.00 ₱ 30,000.00
ACCOUNTS PAYABLE ₱ 25,000.00 ₱ 25,000.00
ADVERTISING & PROMOTION EXPENSE ₱ 5,000.00 ₱ 5,000.00
INTERNET & SOFTWARE SUBSCRIPTION EXPENSE ₱ 2,000.00 ₱ 2,000.00
ELECTRICITY & WATER EXPENSE ₱ 1,500.00 ₱ 1,500.00
SALARIES EXPENSE ₱ 15,500.00 ₱ 15,500.00
PAPER PRINTING & PHOTOCOPYING SALES ₱ 67,196.00 ₱ 67,196.00
BOOKBINDING & DOCUMENT SERVICES ₱ 43,275.00 ₱ 43,275.00
VIZCONDE, CAPITAL ₱ 100,000.00 ₱ 100,000.00
DE GUZMAN, CAPITAL ₱ 100,000.00 ₱ 100,000.00
₱ 335,471.00 ₱ 335,471.00
PrintXpress
GENERAL JOURNAL
For the month of January 2025
(non-routine transactions)
DATE PARTICULARS DEBIT CREDIT
1-Jan Cash 200,000.00
Vizconde, Capital 100,000.00
De Guzman, Capital 100,000.00
2-Jan Equipment 50,000.00
Cash 25,000.00
Accounts Payable 25,000.00
5-Jan Prepaid Rent 30,000
Cash 30,000
(PrintXpress HAVE NO
PrintXpress
CREDIT SALES)
SALES JOURNAL
For the month of January 2025
SALES
DATE CUSTOMER NAME INVOICE CREDIT SALES ACCOUNT CREDITED AMOUNT
NUMBER
PrintXpress
CASH RECEIPTS JOURNAL
For the month of January 2025
ACCOUNT
DATE RECEIPT NO. CUSTOMER ACCOUNT CREDITED AMOUNT
DEBITED
Paper Printing & Photocopying
6-Jan 001 Cash sales Cash Sales and Bookbinding & ₱ 4,773.00
Document Services
Paper Printing & Photocopying
7-Jan 002 Cash sales Cash Sales and Bookbinding & ₱ 9,305.00
Document Services
Paper Printing & Photocopying
8-Jan 003 Cash sales Cash Sales and Bookbinding & ₱ 18,905.00
Document Services
Paper Printing & Photocopying
9-Jan 004 Cash sales Cash Sales and Bookbinding & ₱ 13,160.00
Document Services
Paper Printing & Photocopying
10-Jan 005 Cash sales Cash Sales and Bookbinding & ₱ 15,528.00
Document Services
Paper Printing & Photocopying
13-Jan 006 Cash sales Cash Sales and Bookbinding & ₱ 6,000.00
Document Services
Paper Printing & Photocopying
14-Jan 007 Cash sales Cash Sales and Bookbinding & ₱ 13,500.00
Document Services
Paper Printing & Photocopying
16-Jan 008 Cash sales Cash Sales and Bookbinding & ₱ 6,000.00
Document Services
Paper Printing & Photocopying
17-Jan 009 Cash sales Cash Sales and Bookbinding & ₱ 5,000.00
Document Services
Paper Printing & Photocopying
18-Jan 010 Cash sales Cash Sales and Bookbinding & ₱ 4,500.00
Document Services
Paper Printing & Photocopying
20-Jan 011 Cash sales Cash Sales and Bookbinding & ₱ 4,800.00
Document Services
Paper Printing & Photocopying
21-Jan 012 Cash sales Cash Sales and Bookbinding & ₱ 9,000.00
Document Services
TOTAL ₱ 110,471.00
PrintXpress
Purchase Journal for the month of January 2025
DATE PARTICULARS P.O NO. AMOUNT ACCOUNT CREDITED
Bought printing equipment paid
2-Jan 001 ₱ 25,000.00 Accounts Payable
50% down, balance n/30
TOTAL ₱ 25,000.00
PrintXpress
CASH DISBURSEMENT JOURNAL
For the month of January 2025
ACCOUNT ACCOUNT
DATE PAYEE AMOUNT
DEBITED CREDITED
2-Jan Supplier (Equipment) Equipment Cash ₱ 25,000.00
Paper Printing &
Photocopying
4-Jan Supplier (Supplies) Supplies and Cash
Bookbinding Materials
Supplies ₱ 12,000.00
5-Jan Landlord (Rent) Prepaid Rent Cash ₱ 30,000.00
Advertising &
5-Jan Advertiser (Marketing) Cash
Promotion Expense ₱ 5,000.00
Internet & Software
25-Jan Internet Provider Cash
Subscription Expense ₱ 2,000.00
Electricity & Water
30-Jan Cash
Utility Company Expense ₱ 1,500.00
Employee (Salary for
31-Jan Cash
January) Salaries Expense ₱ 15,500.00
TOTAL ₱ 91,000.00
PrintXpress
Subsidiary Ledgers
For the month of January 2025
DATE ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER- NAME DEBIT CREDIT BALANCE
DATE ACCOUNTS PAYABLE SUBSIDIARY LEDGER- NAME DEBIT CREDIT BALANCE
2-Jan Purchase order #001, 50% down, balance on credit n/30 ₱ 25,000.00 ₱ 25,000.00
PrintXpress
GENERAL LEDGER
For the month of January 2025
CASH
DATE PARTICULARS DEBIT CREDIT BALANCE
1-Jan Capital Contribution 200,000.00 200,000.00
2-Jan Equipment Purchase (Partial) 25,000.00 175,000.00
4-Jan Supplies Purchased (Cash) 12,000.00 163,000.00
5-Jan Prepaid Rent 30,000.00 133,000.00
5-Jan Marketing Expense 5,000.00 128,000.00
6-Jan Cash Sales 4,773.00 132,773.00
7-Jan Cash Sales 9,305.00 142,078.00
8-Jan Cash Sales 18,905.00 160,983.00
9-Jan Cash Sales 13,160.00 174,143.00
10-Jan Cash Sales 15,528.00 189,671.00
13-Jan Cash Sales 6,000.00 195,671.00
14-Jan Cash Sales 13,500.00 209,171.00
16-Jan Cash Sales 6,000.00 215,171.00
17-Jan Cash Sales 5,000.00 220,171.00
18-Jan Cash Sales 4,500.00 224,671.00
20-Jan Cash Sales 4,800.00 229,471.00
21-Jan Cash Sales 9,000.00 238,471.00
25-Jan Internet Subscription 2,000.00 236,471.00
30-Jan Utilities Expense 1,500.00 234,971.00
31-Jan Salaries Expense 15,500.00 219,471.00
310,471.00 91,000.00
EQUIPMENT
DATE PARTICULARS DEBIT CREDIT BALANCE
2-Jan Purchase 50,000.00 50,000.00
PAPER PRINTING AND PHOTOCPYING SUPPLIES
DATE PARTICULARS DEBIT CREDIT BALANCE
4-Jan Purchase 7,500.00 7,500.00
BOOKBINDING MATERIALS SUPPLIES
DATE PARTICULARS DEBIT CREDIT BALANCE
4-Jan Purchase 4,500.00 4,500.00
PREPAID RENT
DATE PARTICULARS DEBIT CREDIT BALANCE
5-Jan Advance Payment 30,000.00 30,000.00
ACOOUNTS PAYABLE
DATE PARTICULARS DEBIT CREDIT BALANCE
2-Jan Equipment (on credit) 25,000.00 25,000.00
VIZCONDE, CAPITAL
DATE PARTICULARS DEBIT CREDIT BALANCE
1-Jan Investment 100,000.00 100,000.00
DE GUZMAN, CAPITAL
DATE PARTICULARS DEBIT CREDIT BALANCE
1-Jan Investment 100,000.00 100,000.00
PAPER PRINTING & PHOTOCOPYING SALES
DATE PARTICULARS DEBIT CREDIT BALANCE
JAN 6-21 Sales Collection 67,196.00 67,196.00
BOOKBINDING & DOCUMENT SERVICES
DATE PARTICULARS DEBIT CREDIT BALANCE
JAN 6-21 Sales Collection 43,275.00 43,275.00
ADVERTISING & PROMOTION EXPENSE
DATE PARTICULARS DEBIT CREDIT BALANCE
5-Jan Advertising 5,000.00 5,000.00
INTERNET & SOFTWARE SUBSCRIPTION EXPENSE
DATE PARTICULARS DEBIT CREDIT BALANCE
5-Jan Advertising 5,000.00 5,000.00
ELECTRICITY & WATER EXPENSE
DATE PARTICULARS DEBIT CREDIT BALANCE
30-Jan Electricity/Water 1,500.00 1,500.00
SALARIES EXPENSE
DATE PARTICULARS DEBIT CREDIT BALANCE
31-Jan Salaries 15,500.00 15,500.00
