J-1 Date No.

Description Dr Cr
####### 101 Cash $25,000
311 Common Stock $25,000
####### 157 Equipment $13,000
101 Cash $5,000
201 Accounts Payable $8,000
####### 128 Supplies $1,200
201 Accounts Payable $1,200
####### 130 Prepaid Insurance $1,800
101 Cash $1,800
####### 112 Accounts Receivable $6,000
400 Service Revenue $6,000
####### 201 Accounts Payable $3,500
101 Cash $3,500
####### 726 Salaries and Wages Expense $2,500
101 Cash $2,500
####### 101 Cash $1,900
112 Accounts Receivable $1,900
####### 112 Accounts Receivable $2,800
400 Service Revenue $2,800
####### 633 Gasoline Expense $320
101 Cash $320
####### 322 Dividends $800
101 Cash $800
Cute Cleaning Service
General Journal
J-2 Date No. Description Dr Cr
####### 112 Accounts Receivable 750 $
400 Service Revenue 750 $
####### 711 Depreciation Expense 300 $
158 Accumulated Depreciation 300 $
####### 722 Insurance Expense 900 $
130 Prepaid Insurace 900 $
####### 634 Supplies Expense 950 $
128 Supplies 950 $
####### 726 Salary and Wages Expense 720 $
212 Salary and Wages Payable 720 $
Cute Cleaning Service
General Journal
J-3 Date No. Description Dr Cr
####### 400 Service Revenue $9,550
350 Income Summary $9,550
####### 350 Income Summay $5,690
633 Gasoline Expense $320
634 Supplies Expense $950
711 Depreciation Expense $300
722 Insurance Expense $900
212 Salaries and Wages Expense $3,220
####### 350 Income Summary $3,060
320 Retained Earnings $3,060
####### 320 Retained Earnings $800
322 Dividends $800
General Journal
Cute Cleaning Service
No. Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
101 Cash 12,980 12,980 12,980
112 Accounts Receivable 6,900 750 7,650 7,650
128 Supplies 1,200 950 250 250
130 Prepaid Insurance 1,800 900 900 900
157 Equipment 13,000 13,000 13,000
158 Accumulated Depreciation 300 300 300
201 Accounts Payable 5,700 5,700 5,700
212 Salaries and Wages Payable 720 720 720
311 Common Stock 25,000 25,000 25,000
320 Retained Earnings
322 Dividends 800 800 800
350 Income Sumary
400 Service Revenue 8,800 750 9,550 9,550
633 Gas Expense 320 320 320
634 Supplies Expense 950 950 950
711 Depreciation Expense 300 300 300
722 Insurance Expense 900 900 900
726 Salaries and Wages Expense 2,500 720 3,220 3,220
39,500 $ 39,500 $ 3,620 $ 3,620 $ 41,270 $ 41,270 $ 5,690 $ 9,550 $ 35,580 $ 31,720 $
3,860 3,860
9,550 $ 9,550 $ 35,580 $ 35,580 $
Net Income:
Balance Sheet
31-Mar-13
Accounting Worksheet
Cute Cleaning Service
Adjusted Trial Balance Unadjusted Trial Balance Adjustment Income Statement
No. Account Name Debit Credit
101 Cash 12,980
112 Accounts Receivable 6,900
128 Supplies 1,200
130 Prepaid Insurance 1,800
157 Equipment 13,000
158 Accumulated Depreciation
201 Accounts Payable 5,700
212 Salaries and Wages Payable
311 Common Stock 25,000
320 Retained Earnings
322 Dividends 800
350 Income Sumary
400 Service Revenue 8,800
633 Gas Expense 320
634 Supplies Expense
711 Depreciation Expense
722 Insurance Expense
726 Salaries and Wages Expense 2,500
39,500 $ 39,500 $
Unadjusted Trial Balance
Cute Cleaning Service
At March 31, 2013
No. Account Name Debit Credit
101 Cash 12,980
112 Accounts Receivable 7,650
128 Supplies 250
130 Prepaid Insurance 900
157 Equipment 13,000
158 Accumulated Depreciation 300
201 Accounts Payable 5,700
212 Salaries and Wages Payable 720
311 Common Stock 25,000
320 Retained Earnings
322 Dividends 800
350 Income Sumary
400 Service Revenue 9,550
633 Gas Expense 320
634 Supplies Expense 950
711 Depreciation Expense 300
722 Insurance Expense 900
726 Salaries and Wages Expense 3,220
41,270 $ 41,270 $
Cute Cleaning Service
Adjusted Trial Balance
At March 31, 2013
No. Account Name
400 Service Revenue 9,550
633 Gas Expense 320
634 Supplies Expense 950
711 Depreciation Expense 300
722 Insurance Expense 900
726 Salaries and Wages Expense 3,220
5,690
3,860 $
Cute Cleaning Service
Income Statement
At March 31, 2013
Net Income
Total Expenses
Retanied Earnings, March 1 -
Add:
Net Income 3,860
Less:
Dividends (800)
Retained Earnings, March 31 3,060
Cute Cleaning Service
Statement of Retained Earnings
Year Ended March 31, 2013
Assets
Current Assets
101 Cash 12,980
112 Accounts Receivable 7650
128 Supplies 250
130 Prepaid Insurane 900
Total Current Assets 21,780
157 Equipment (net) 12,700
Total Assets 34,480
Liabilities and Stockholders Equity
Current Liabilities
201 Accounts Payable 5,700
212 Salaries and Wages Payable 720
Total Current Liabilites 6,420
Total Liabilites 6,420
Stockholders Equity
311 Common Stock 25,000
320 Retained Earnings 3,060
Total Stockholders Equity 28,060
Total Liabilites and Stockholders Equity 34,480
Cute Cleaning Service
Balance Sheet
31-Mar-13
No. Account Name Debit Credit
101 Cash 12,980
112 Accounts Receivable 7,650
128 Supplies 250
130 Prepaid Insurance 900
157 Equipment 13,000
158 Accumulated Depreciation 300
201 Accounts Payable 5,700
212 Salaries and Wages Payable 720
311 Common Stock 25,000
320 Retained Earnings 3,060
34,780 34,780
Cute Cleaning Service
Post-Closing Trial Balance
At March 31, 2013