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TERESITA BUENAFLOR COMPANY

WORKSHEET
28-Feb-12
TRIAL BALANCE ADJUSTMENT ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET
ACCOUNTS
DR CR DR CR DR CR DR CR DR CR
CASH 221,180.00 221,180.00 221,180.00
ACCOUNTS RECEIVABLE 428,000.00 428,000.00 428,000.00
MERCHANDISE INVENTORY 413,000.00 413,000.00 413,000.00 397,000.00
SUPPLIES 72,000.00 58,000.00 14,000.00 14,000.00
PREPAID INSURANCE 48,000.00 2,000.00 46,000.00 46,000.00
LAND 460,000.00 460,000.00 460,000.00
BUILDING 1,750,000.00 1,750,000.00 1,750,000.00
ACCUMULATED DEPRECIATION-BUILDING 350,000.00 9,000.00 359,000.00 359,000.00
EQUIPMENT 2,310,000.00 2,310,000.00 2,310,000.00
ACCUMULATED DEPRECIATION-EQUIPMENT 630,000.00 12,000.00 642,000.00 642,000.00
ACCOUNTS PAYABLE 517,000.00 517,000.00 517,000.00
MORTGAGE PAYABLE 2,600,000.00 2,600,000.00 2,600,000.00
BUENAFLOR CAPITAL 1,569,000.00 1,569,000.00 1,569,000.00
BUENAFLOR WITHDRAWAL 400,000.00 400,000.00 400,000.00
SALES 1,332,000.00 1,332,000.00 1,332,000.00
SALES RETURN & ALLOWANCES 141,000.00 141,000.00 141,000.00
SALES DISCOUNT 11,840.00 11,840.00 11,840.00
PURCHASES 668,000.00 668,000.00 668,000.00
PURCHASES RETURN & ALLOWANCES 25,000.00 25,000.00 25,000.00
PURCHASES DISCOUNT 7,020.00 7,020.00 7,020.00
TRANSPORTATION IN 13,000.00 13,000.00 13,000.00
SALARIES EXPENSE 51,000.00 51,000.00 102,000.00 102,000.00
TRANSPORTATION OUT 4,000.00 4,000.00 4,000.00
ADVERTISEMENT EXPENSE 6,000.00 6,000.00 6,000.00
INTEREST EXPENSE 26,000.00 26,000.00 26,000.00
MISCELLANEOUS EXPENSE 7,000.00 7,000.00 7,000.00
BALANCE 7,030,020.00 7,030,020.00
SALARIES PAYABLE 51,000.00 51,000.00 51,000.00
INSURANCE EXPENSE 2,000.00 2,000.00 2,000.00
DEPRECIATION EXPENSE-BUILDING 9,000.00 9,000.00 9,000.00
DEPRECIATION EXPENSE-EQUIPMENT 12,000.00 12,000.00 12,000.00
SUPPLIES EXPENSE 58,000.00 58,000.00 58,000.00
INCOME SUMMARY 397,000.00
TOTALS 132,000.00 132,000.00 7,102,020.00 7,102,020.00 1,472,840.00 1,761,020.00
NET LOSS 288,180.00 288,180.00
BALANCES 1,761,020.00 1,761,020.00 6,026,180.00 6,026,180.00