unadjusted

dr
cr
cash
a/r
fin goods beg
w/p beg
raw mat beg
unused factory sup
factory bldg
accum dep-factory bldg
fact machine &equip
accum dep- fact machine
store furniture
accum dep- store furn
office furn
accum dep -office furn
patents
tools
a/p
capital stock
premium on capital stock
ret earn
sales
sales ret
raw mats pur
purchase ret
salaries and wages-fact
insurance exp
repairs and maintenance
employees benefits
light
salaries-sales
delivery expense
advertising
sales taxes
commissions
store supplies
salaries-office
office supplies
vouchers payable
prepaid insurance
bad debt
allow for bad debt
factory supplies expense
dep exp- fact bldg
dep exp-fact machine
dep exp- store furn
dep exp- office furn
tools expense

adjustments

7750
22500
11250
17500
8250
1500
125000

1000
25000

12500

19000

6000

10500

3500

60000

adjusted

7750
22500
11250
17500
8250
500
125000
60000

35000

35000

15000

15000
6000

1500
1250
2625
3100

30000
5250
28000
100000
50000
42800
250000
12500
90000

28750
2625

12500
90000
5400

30000
2000
4000
3800
4100
10350
8950
3000
1250
10000
3000
12500
2250
$536,700

2500

32500
2000
4000
3800
4100

1500

11850
8950
3000
1250
13100
3000
14500
2250

3100
2000
536700
6000
1200
1250

1200
1250
1250

1000
12500
6000
3500
1500
2625

1000
12500
6000
3500
1500
2625

patent writeoff
factory insurance
sales insurance
office insurance
repair and maint- factory
repair and maintenance- sales
repair and maintennace- office
light- factory
light-sales
ligjt- office
employee benefit- factory
employee benefit-sales
employee benefit- office
finished goods end
w/p end
raw mats invty end
cogm
cogs
net income

1250
400
240
160
2000
1200
800
2050
1230
820
2100
900
800

1250
400
240
160
2000
1200
800
2050
1230
820
2100
900
800
570550

adjusted

COGM

cogs

income statement

balance sheet

7750
22500
11250
17500
8250
500
125000
37500

37500
60000

25000

25000
35000

14000

14000
15000

7500

7500
28750
2625

31100
100000
50000
42800
250000

31100
100000
50000
42800
250000
12500
90000

5400

5400
32500

11850
8950
3000
1250
13100
3000
14500
2250
6000

6000
1200
1250

1250

1250
1000
12500
6000
3500
1500
2625

1250
400
240
160
2000
1200
800
2050
1230
820
2100
900
800
570550
14100

176925
176925

11350
9250
26000
150925
176925

150925
162175
162175

14100
148075
162175

14100
11350
9250

148075
232125
17875
250000

250000
250000

333025

17875
333025