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    John Bala Maps Worksheet December 31, 2015 Account Title Unadjusted Trial Balance Adjustments Debit Credit Debit Credit

    Uploaded by

    Pauline Bianca
    The document is a trial balance worksheet for John Bala Maps for December 31, 2015. It shows unadjusted account balances, adjustments to various expense and balance sheet accounts, and the adjusted trial balance. The adjusted trial balance is then used to prepare the income statement, showing revenues of $2,745,000 and expenses of $2,250,000, resulting in net income of $495,000. The adjusted trial balance is also used to prepare the balance sheet, with total assets of $1,154,000.

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    John Bala Maps Worksheet December 31, 2015 Account Title Unadjusted Trial Balance Adjustments Debit Credit Debit Credit

    Uploaded by

    Pauline Bianca
    244 views3 pages
    The document is a trial balance worksheet for John Bala Maps for December 31, 2015. It shows unadjusted account balances, adjustments to various expense and balance sheet accounts, and the adjusted trial balance. The adjusted trial balance is then used to prepare the income statement, showing revenues of $2,745,000 and expenses of $2,250,000, resulting in net income of $495,000. The adjusted trial balance is also used to prepare the balance sheet, with total assets of $1,154,000.

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    HOP.xlsx

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    The document is a trial balance worksheet for John Bala Maps for December 31, 2015. It shows unadjusted account balances, adjustments to various expense and balance sheet accounts, and the adjusted trial balance. The adjusted trial balance is then used to prepare the income statement, showing revenues of $2,745,000 and expenses of $2,250,000, resulting in net income of $495,000. The adjusted trial balance is also used to prepare the balance sheet, with total assets of $1,154,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    244 views3 pages

    John Bala Maps Worksheet December 31, 2015 Account Title Unadjusted Trial Balance Adjustments Debit Credit Debit Credit

    Uploaded by

    Pauline Bianca
    The document is a trial balance worksheet for John Bala Maps for December 31, 2015. It shows unadjusted account balances, adjustments to various expense and balance sheet accounts, and the adjusted trial balance. The adjusted trial balance is then used to prepare the income statement, showing revenues of $2,745,000 and expenses of $2,250,000, resulting in net income of $495,000. The adjusted trial balance is also used to prepare the balance sheet, with total assets of $1,154,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 3

    John Bala Maps

    Worksheet
    December 31, 2015
    Account Unadjusted Trial Balance Adjustments
    No. Account Title
    Debit Credit Debit Credit
    Cash 31,000
    Accounts Receivable 83,000
    Merchandise Inventory 627,000
    Prepaid Insurance 54,000 b.
    Office Supplies 68,000 d.
    Office Equipment 370,000
    Accumulated Depreciation 50,000 c.
    Accounts Payable 58,000
    Salaries Payable e.
    Bala, Capital 517,000
    Bala, Withdrawals 87,000
    Sales 2,675,000
    Sales Returns and Allowances 26,000
    Sales Discounts 23,000
    Purchases 1,512,000
    Purchases Returns and Allowances 14,000
    Purchases Discounts 19,000
    Transporation In 38,000
    Salaries Expense 327,000 e. 9,000
    Advertising Expense 61,000
    Rent Expense 26,000
    Insurance Expense b. 18,000
    Depreciation Expense c. 25,000
    Office Supplies Expense d. 53,000
    TOTAL 3,333,000 3,333,000 105,000
    NET INCOME
    TOTAL
    John Bala Maps
    Worksheet
    December 31, 2015
    Adjustments Adjusted Trial Balance Income Statement Balance Sheet
    Credit Debit Credit Debit Credit Debit
    31,000 31,000
    83,000 83,000
    627,000 627,000 532,000 532,000
    18,000 36,000 36,000
    53,000 15,000 15,000
    370,000 370,000
    25,000 75,000
    58,000
    9,000 9,000
    517,000
    87,000 87,000
    2,675,000 2,675,000
    26,000 26,000
    23,000 23,000
    1,512,000 1,512,000
    14,000 14,000
    19,000 19,000
    38,000 38,000
    336,000 336,000
    61,000 61,000
    26,000 26,000
    18,000 18,000
    25,000 25,000
    53,000 53,000
    105,000 3,367,000 3,367,000 2,745,000 3,240,000 1,154,000
    495,000
    3,240,000 3,240,000 1,154,000
    Balance Sheet
    Credit

    75,000
    58,000
    9,000
    517,000

    659,000
    495,000
    1,154,000

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