Account Name 101: Cash 111: Accounts receivable 121: Supplies 131: Prepaid advertising 141: Equipment 142: Accumulated depreciation-Equipment 202: Accounts payable 301: Shara Johns, Capital 302: Shara Johns, Drawing 401: Fees income 519: Salaries expense 523: Utilities expense 520: Supplies expense 526: Advertising expense 511: Depreciation expense-Equipment Totals Net income Trial Balance Debit $ 30,050 4,450 2,000 2,000 19,000 1,000 AT HOME PET GROOMING SERVICE Worksheet Month Ended December 31, 20X1 Adjustments 3,800 600 Credit 4,000 25,500 33,400 $ 62,900 $ 62,900 $ Debit 1,100 900 380 2,380 Credit $ 1,100 900 380 2,380 Adjusted Trial Balance Debit Credit $ 30,050 4,450 900 1,100 19,000 1,000 380 4,000 25,500 33,400 3,800 600 1,100 900 380 $63,280 $63,280 Income Statement Debit Credit 3,800 600 33,400 Balance Sheet Debit $ 30,050 4,450 900 1,100 19,000 Credit 4,000 25,500 1,100 900 380 $ 6,780 $33,400 $ 55,500 $29,500 26,620 26,620 $ 33,400 $ 33,400 $ 55,500 $ 56,120
Account Name 101: Cash 111: Accounts receivable 121: Supplies 131: Prepaid advertising 141: Equipment 142: Accumulated depreciation-Equipment 202: Accounts payable 301: Shara Johns, Capital 302: Shara Johns, Drawing 401: Fees income 519: Salaries expense 523: Utilities expense 520: Supplies expense 526: Advertising expense 511: Depreciation expense-Equipment Totals Net income Trial Balance Debit $ 30,050 4,450 2,000 2,000 19,000 1,000 AT HOME PET GROOMING SERVICE Worksheet Month Ended December 31, 20X1 Adjustments 3,800 600 Credit 4,000 25,500 33,400 $ 62,900 $ 62,900 $ Debit 1,100 900 380 2,380 Credit $ 1,100 900 380 2,380 Adjusted Trial Balance Debit Credit $ 30,050 4,450 900 1,100 19,000 1,000 380 4,000 25,500 33,400 3,800 600 1,100 900 380 $63,280 $63,280 Income Statement Debit Credit 3,800 600 33,400 Balance Sheet Debit $ 30,050 4,450 900 1,100 19,000 Credit 4,000 25,500 1,100 900 380 $ 6,780 $33,400 $ 55,500 $29,500 26,620 26,620 $ 33,400 $ 33,400 $ 55,500 $ 56,120
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 1M
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