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    ACCOUNT TITLES CASH MARKETABLE SECURITIES ACCOUNTS RECEIVABLE ALLOWANCE FOR DOUBTFUL ACCOUNT MERCHANDISE INVENTORY PREPAID ADMINISTRATION EXPENSE OFFICE FURNITURE AND EQUIPMENT ACCUMULATED DEPOFE ACCOUNTs PAYABLE DIVIDENDS PAYABLE ACCRUED MARKETING EXPENSES INCOME TAXES

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    ACCOUNT TITLES CASH MARKETABLE SECURITIES ACCOUNTS RECEIVABLE ALLOWANCE FOR DOUBTFUL ACCOUNT MERCHANDISE INVENTORY PREPAID ADMINISTRATION EXPENSE OFFICE FURNITURE AND EQUIPMENT ACCUMULATED DEPOFE ACCOUNTs PAYABLE DIVIDENDS PAYABLE ACCRUED MARKETING EXPENSES INCOME TAXES

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    Attribution Non-Commercial (BY-NC)
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    3 views3 pages

    Accounting

    Uploaded by

    revbolt
    ACCOUNT TITLES CASH MARKETABLE SECURITIES ACCOUNTS RECEIVABLE ALLOWANCE FOR DOUBTFUL ACCOUNT MERCHANDISE INVENTORY PREPAID ADMINISTRATION EXPENSE OFFICE FURNITURE AND EQUIPMENT ACCUMULATED DEPOFE ACCOUNTs PAYABLE DIVIDENDS PAYABLE ACCRUED MARKETING EXPENSES INCOME TAXES

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 3

    ACCOUNT TITLES

    CASH

    MARKETABLE SECURITIES
    ACCOUNTS RECEIVABLE
    ALLOWANCE FOR DOUBTFUL ACCOUNTS
    MERCHANDISE INVENTORY
    PREPAID ADMINISTRATION EXPENSE
    STORE FURNITURE AND EQUIPMENT
    ACCUMULATED DEP- SFE
    OFFICE FURNITURE AND EQUIPMENT
    ACCUMULATED DEP- OFE
    ACCOUNTS PAYABLE
    DIVIDENDS PAYABLE
    ACCRUED MARKETING EXPENSES
    INCOME TAXES PAYABLE
    CAPITAL STOCK, PAR VALUE P100
    PREMIUM ON CAPITAL STOCK
    RETAINED, FOR CONTINGENCY
    RETAINED, FOR COST
    RETAINED, FREE
    TREASURY STOCK
    SUBTOTAL
    ADMINISTRATIVE EXPENSE
    MAKETING EXPENSES
    GAIN ON SALE OF MARKETABLE SECURITIES

    BALANCES AS OF DEC 31
    REVERSING ENTRIES
    DR
    CR
    DR
    112700

    105000
    286000
    5720
    193700
    1800
    210000
    70000
    180000
    36000
    248880
    49000
    2000
    54000
    500000
    10000
    50000
    9500
    63600
    9500
    1098700

    2000

    1098700
    1800

    3800
    PURCHASES
    SALES
    PREMIUM CAPITAL FROM TREASURY

    DOUBTFUL ACCOUNTS
    DEPRECIATION EXPENSE-SFE
    DEPRECIATION EXPENSE-OFE
    ACCRUED ADMINISTRATIVE EXPENSE
    PREPAID MARKETING EXPENSES
    INCOME TAX EXPENSE
    NET INCOME
    GRAND TOTALS

    REVERSING ENTRIES
    CR

    TRANSACTIONS DURING JAN 1-JAN 31


    ADJUSTMENTS INCOME STATEMENT
    DR
    CR
    DR
    CR
    DR
    342900
    227500
    112000
    31000
    9800
    24700
    4750
    49000
    105000
    352200
    342900
    750
    750
    921
    193700

    1800
    1750
    1500
    227500
    49000

    211300
    7200
    22323

    4900

    2000

    9500

    24700
    31000

    8000
    7200

    1300

    34500
    34900

    7000
    3800
    211300

    Err:522

    211300
    352200
    300
    150
    Err:522
    921
    1750
    1500

    921
    1750
    1500
    8000

    1300
    22323
    42994

    42994

    22323
    500894
    542350

    NCOME STATEMENT
    BALANCE SHEET
    CR
    DR
    CR
    240450

    0
    294550

    TB JAN 31
    DR
    CR
    240450

    ATB
    DR
    CR
    240450

    294550

    0
    294550

    5891
    182700

    182700
    0
    210000

    4970
    193700
    0
    210000

    71750
    180000

    193700
    0
    210000
    70000

    180000
    37500
    232680
    0
    7200
    76323
    500000
    10000
    50000
    9500
    63600

    4900

    5891

    71750
    180000

    36000
    232680
    0
    0
    54000
    500000
    10000
    50000
    9500
    63600

    37500
    232680
    0
    7200
    76323
    500000
    10000
    50000
    9500
    63600

    4900

    4900

    26500
    29000

    34500
    34900

    7000

    7000
    211300

    352200
    450

    7000
    211300

    352200
    450
    1390400

    352200
    450

    1390400
    921
    1750
    1500

    8000
    1300
    542350
    -41456
    542350

    1113900
    -41456
    1113900

    1072444
    1113900

    8000
    1300
    22323
    1432094

    1432094

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