Professional Documents
Culture Documents
Unadjusted Trail Balance Adjustments Adjusted Trail Balance Income Statement Balance Sheet
31st July 2003 31st July 2003 31st July 2003 31st July 2003 31st July 2003
Account tittle Dr Cr Dr Cr Dr Cr Dr Cr Dr Cr
Cash at Bank Rs14,900 Rs14,900 Rs14,900
Trade debtors 1,200 1,200 1,200
Office Supplies Inventory 700 Rs275 425 425
Prepaid Insurance 900 75 825 825
Motor vehicle 21,000 21,000 21,000 Rs500
Office Equipment 6,000 6,000 6,000 100
Trade cretitors Rs6,700 Rs6,700 6,700
Unearned Service fees 400 400 400
Loan Payable 15,000 15,000 15,000
Mike jonson`s Capital 20,000 20,000 20,000
Service fees revenue 2,600 2,600 Rs2,600
Less Expence
Depriciation expence 600
Interest expence 150
Fuel expence 240
Supplies expence 275
Insurance expence 75
Electricity expence 825
2165
Lesss Drawings 0
Less Expence
Advertising expence 45000
Rent expence 108000
Repair expence 15600
Salaries expence 237000
Light and Power expence 13500
Depticiatins expence Building 18000
Depticiatins expence Golf Course Structures 45000
Insurance Expence 7560
489660
NP ENTERPRISES
OWNER EQUITY STATEMENT
31ST December 2001
NP ENTERPRISES
BALANCE SHEET
31ST December 2001
Cash RS= 41100
Accounts Receivable 7800
Buildings 144000
Golf Course Structures 180000