Hold You Accountable (Published) | ✓

Kabanata 23

Kabanata 23

"Grabe pala pangalan mo, Ade. Banal na banal, Ama na nga Deus pa." Manghang sabi ni Gio.

Gio immediately bit his lip in guilt at nakita ko ang bahagyang paghingi n'ya ng tawad sa hangin. Ade on the other hand was frowning at him.

Pinakyuhan naman siya ni Ade sa mukha. Amadeus Montejo kasi full name ni Ade.

"Gagio, edi alagad kita kasi San Pedro ka."

Humalakhak si Gio."Sama natin si Sarathiel! Archangel 'yon e!"

I didn't even join in their conversation. Hanggang ngayon ay naguguluhan pa rin ako sa basic na accounting problem na ito. I decided to ask them because I really can't grasp the idea.

"Gio, pasagutan naman nito." I asked Gio and showed him the problem.

Fajardo paid 45,000 pesos on account to ABC Equipment Corp.

"Ano debit at credit diyan?" I was sure there was cash but I was confused since it's on account.

Sumeryoso si Gio. "Debit mo 'yung account diyan, bale magiging accounts payable. Tapos credit naman 'yung cash."

Sinulat ni Gio 'yung journal entry sa columnar pad niya. I immediately peek over to learn from him.

Debit
Accounts Payable 45,000
Credit
Cash 45,000

"Pero ang normal balance ng cash ay debit 'di ba? Bakit nasa credit?" I asked him.

Tumango siya at pinakita muli sa akin ang entry para hindi ako malito. He even put some guides on each account and numbers so that I could follow.

"Well yeah. That's actually right but the cash was used to pay for the liability, isn't? Ibig sabihin, nabawasan ka ng pera."

Kumunot ang noo ko. According to their normal balance, it was a different case. Tiningnan ko ulit ang chart na meron ako at tama nga ako. I don't get it.

"Hindi ba parang baliktad? Nasa debit dapat ang cash at nasa credit ang accounts payable?"

"Well, if we're following ALCDIE then you're correct. However, in this situation or in this problem — hindi siya applicable." Gio explained further.

Natawa si Gio nang mapansin na halos magkasalubong na ang kilay ko sa kanya. He put his pencil on the entry to emphasized his point.

"For example you're Fajardo. May utang ka which is 'yung accounts payable tapos naisipan mong magbayad edi naglabas ka ng pera o 'yung cash."

"Tapos?" I trailed on.

"Babalik lang tayo sa basic. Kapag debit, 'yung pinapasok. Kapag credit, 'yung nilalabas. Nabawasan ang utang mo 'di ba dahil naglabas ka ng pera? Kapag ang liability ay nabawasan, magiging debit siya."

Napaawang ang bibig ko. that's it? All this time I was stressing over this kind of problem?

"Same as sa cash, kapag nabawasan 'yung pera magiging credit ito imbis na debit." Gio said, shrugging.

"Dude, Luca Pacioli is that you?" panga-alaska ni Ade sabay pumalakpak pa.

"Dude, ako lang 'to. Giorgion San Pedro from the South." Halakhak ni Gio.

"Pahiram utak!" I was amazed. I mean, siguro sa kanya ang sisiw lang nito pero ang simple niya lang kasi mag-paliwanag. Hindi siya masyado gumagamit ng jargons.

We are reviewing for our upcoming quiz when we heard someone shouting hysterically at our direction, it disturbed our peaceful discussion about our subjects.