posted Mar 19, 2012, 12:59 PM by Prof Kiernan
Help With Numbers Tutoring |
Worksheet |
Period Ending Dec.
31, 2011 |
|
Unadjusted Trial
Balance |
Adjustments |
Adjusted Trial Balance |
Income Statement |
Balance Sheet |
|
Debits |
Credits |
Debits |
Credits |
Debits |
Credits |
Debits |
Credits |
Debits |
Credits |
Cash |
3425 |
|
|
|
3425 |
|
|
|
3425 |
|
Accounts Receivable |
7000 |
|
1000 |
|
8000 |
|
|
|
8000 |
|
Supplies |
1270 |
|
|
890 |
380 |
|
|
|
380 |
|
Prepaid Insurance |
620 |
|
|
315 |
305 |
|
|
|
305 |
|
Office Equipment |
51650 |
|
|
|
51650 |
|
|
|
51650 |
|
Accumulated Depreciation- Office Equipment |
|
9700 |
|
4950 |
|
14650 |
|
|
|
14650 |
Accounts Payable |
|
925 |
|
|
|
925 |
|
|
|
925 |
Wages Payable |
|
0 |
|
440 |
|
440 |
|
|
|
440 |
Unearned Fees |
|
1250 |
500 |
|
|
750 |
|
|
|
750 |
Capital Stock |
|
5000 |
|
|
|
5000 |
|
|
|
5000 |
Retained Earnings |
|
24000 |
|
|
|
24000 |
|
|
|
24000 |
Dividends |
5200 |
|
|
|
5200 |
|
|
|
5200 |
|
Fees Earned |
|
59125 |
|
1500* |
|
60625 |
|
60625 |
|
|
Wages Expense |
22415 |
|
440 |
|
22855 |
|
22855 |
|
|
|
Depreciation Expense |
0 |
|
4950 |
|
4950 |
|
4950 |
|
|
|
Rent Expense |
4200 |
|
|
|
4200 |
|
4200 |
|
|
|
Utilities Expense |
2715 |
|
|
|
2715 |
|
2715 |
|
|
|
Supplies Expense |
0 |
|
890 |
|
890 |
|
890 |
|
|
|
Insurance Expense |
0 |
|
315 |
|
315 |
|
315 |
|
|
|
Miscellaneous Expense |
1505 |
|
|
|
1505 |
|
1505 |
|
|
|
Totals |
100000 |
100000 |
8095 |
6595 |
106390 |
106390 |
37430 |
60625 |
68960 |
45765 |
Net
Income/Loss |
|
|
|
|
|
|
23195 |
|
|
23195 |
|
|
|
|
|
|
|
60625 |
60625 |
68960 |
68960 |
|
 Updating...
Ċ Prof Kiernan, Mar 19, 2012, 12:59 PM
|