212-34 HS Workshop

Dr Cr
Beg Bal -
ADJ(101) - JEV# 2005-12-1328 303,000.00
303,000.00 -
End Bal 2005 303,000.00
ADJ(101) - JEV# 2006-07-0859 303,000.00
ADJ(101) - JEV# 2006-12-0765 303,000.00
ADJ(101) - JEV# 2006-12-1186 303,000.00
606,000.00 606,000.00
End bal 2006 -

312-26 AccDepHSWorkshop
Dr Cr
Beg Bal -
ADJ(101) - JEV# 2005-12-1341 272,700.00 To record depreciation of school buildings since the d
- 272,700.00
End Bal 2005 272,700.00
End Bal 2006 (no change) 272,700.00
End Bal 2007 (no change) 272,700.00
ADJ(101) - JEV# 200812-09175 30,300.00 To correct journal entries made on JEV nos. 2006-07-
30,300.00 272,700.00
End bal 2008 242,400.00

On 2006, 212-34 was deemed unserviceable with P30,300 residual value

Entry on disposal 2006: 684-01 303,000.00 Should be:
212-34 303,000.00

Erroneous adjustment: 312-34 30,300.00

684-01 30,300.00

Effects on balances: 684-01 balance 272,700.00 Should be:

212-34 balance -
312-34 242,400.00
Overstatement of 684-01: 242, 0003

Proposed Adjustment: 312-14 242,400.00

Fund 164 684-01 242,400.00

To record adjustment for HS Workshop Building which was retired on 2006 but did not close
ciation of school buildings since the date of completion.

al entries made on JEV nos. 2006-07-0859,2006-12-0765 and 200612-1061 for dropped unserviceable properties which were erroneously e

312-34 272,700.00
684-01 (loss) 30,300.00
212-34 303,000.00

684-01 30,300.00
212-34 -
312-34 -

was retired on 2006 but did not close its accumulated depreciation.
perties which were erroneously entered as PYA (684) instead of the residual value of equipment (debit).
Adjustments (Old Buildings): To record adjustment for accumulated depreciation of old buildings which were
312-26 A.C.-HS Workshop
212-34 old bldg acct
312-34 old acc. Depn.

312-26 242,400.00
684-01 242,400.00
Retired Bldgs Retirement was recorded
312-20 A.C.-Temp 6 HS Workshop Bldg Dr. 684 (PYA)
212-23 old bldg acct HS Practical Arts Bldg Dr. 684 (PYA)
312-23 old ad Temporary 6 Rooms Classroom BldDr. 684 (PYA)
Supply (Old) not recorded properly JEV 2012
312-20 56,182.16
684-01 56,182.16

312-14 A.C.-HS Practical

212-17 old bldg
312-17 old a.d.

312-14 336,766.32
684-01 336,766.32

311-06 A.C.-Old Supply

211-05 old bldg
311-05 old ad

311-06 26,576.64
290-01 26,576.64

B
old buildings which were retired but not recorded properly.

irement was recorded only as: Requires:

Cr. 212-34 (bldg acct) Dr. 312-26 (accum.dep'n) Cr. 684-01
Cr. 212-17 (bldg acct) Dr. 312-14 (accum.dep'n) Cr. 684-02
Cr. 212-26 (bldg acct) Dr. 312-14 (accum.dep'n) Cr. 684-03
orded properly JEV 201211-07143 Dr. 311-06 (accum.dep'n) Cr. 290-01
 Previously Retired Bldgs. Retirement was recorded only as: Required adjustment:

HS Workshop Bldg Dr. 684 (PYA) Cr. 212-34 (bldg acct) Dr. 312-26 (accum.dep'n) Cr. 684-01

HS Practical Arts Bldg Dr. 684 (PYA) Cr. 212-17 (bldg acct) Dr. 312-14 (accum.dep'n) Cr. 684-01

Temporary 6 Rooms Classroom Bldg Dr. 684 (PYA) Cr. 212-26 (bldg acct) Dr. 312-14 (accum.dep'n) Cr. 684-01

Supply (Old) not recorded properly JEV 201211-07143 Dr. 311-06 (accum.dep'n) Cr. 290-01