You are on page 1of 5

Teresita Buenaflor Company

Unadjusted Trial Balance


As of February 1, 2013

Debit Credit
110 Cash 33,000.00
120 Accounts Receivable 192,000.00
130 Merchandise Inventory 413,000.00
140 Supplies 51,000.00
150 Prepaid Insurance 48,000.00
160 Land 460,000.00
170 Building 1,750,000.00
175 Accumulated Depreciation - Building 350,000.00
180 Equipment 2,310,000.00
185 Accumulated Depreciation - Equipment 630,000.00
210 Accounts Payable 108,000.00
220 Salaries Payable
230 Mortgage Payable 2,600,000.00
310 Buenaflor, Capital 1,569,000.00
320 Buenaflor, Withdrawals
330 Income Summary
410 Sales
420 Sales Returns and Allowances
430 Sales Discounts
510 Purchases
520 Purchase Returns and Allowances
530 Purchase Discounts
540 Transportation In
610 Salaries Expense
620 Supplies Expense
630 Insurance Expense
640 Depreciation Expense - Building
650 Depreciation Expense - Equipmeny
660 Transportation Out
670 Advertising Expense
680 Interest Expense
690 Miscellaneous Expense
5,257,000.00 5,257,000.00
Teresita Buenaflor Company
Statement of Financial Position
As of February 1, 2013

CURRENT ASSETS
Cash 33,000.00
Accounts Receivable 192,000.00
Merchandise Inventory 413,000.00
Supplies 51,000.00
Prepaid Insurance 48,000.00
Total Current Assets 737,000.00

NON-CURRENT ASSETS
Land 460,000.00
Building 1,750,000.00
Accumulated Depreciation - Building 350,000.00
Equipment 2,310,000.00
Accumulated Depreciation - Equipment 630,000.00
Total Non-current Assets 3,540,000.00

TOTAL ASSETS 4,277,000.00

LIABILITIES
Accounts Payable 108,000.00
Salaries Payable 0.00
Mortgage Payable 2,600,000.00
Total Liabilities 2,708,000.00

OWNER'S EQUITY
Buenaflor, Capital 1,569,000.00
Buenaflor, Withdrawals 0.00
Income Summary 0.00
Total Owner's Equity 1,569,000.00

TOTAL LIABILITIES AND OWNER'S EQUITY 4,277,000.00


Teresita Buenaflor Company
Statement of Comprehensive Income
For the month ended February 2013

Sales 0.00
Less:
Sales Returns and Allowances 0.00
Sales Discounts 0.00
NET SALES 0.00

Purchases 0.00
Less:
Purchase Returns and Allowances 0.00
Purchase Discounts 0.00
Transportation In 0.00
COST OF GOODS SOLD 0.00
GROSS PROFIT 0.00

OPERATING EXPENSES
Salaries Expense 0.00
Supplies Expense 0.00
Insurance Expense 0.00
Depreciation Expense - Building 0.00
Depreciation Expense - Equipmeny 0.00
Transportation Out 0.00
Advertising Expense 0.00
Interest Expense 0.00
Miscellaneous Expense 0.00
TOTAL EXPENSES 0.00
NET INCOME 0.00
Teresita Buenaflor Company
Statement of Cash Flows
For the month ended February 2013
Teresita Buenaflor Company
Statement of Changes in Equity
For the month ended February 2013

Buenaflor, Capital, beginning 1,569,000.00


Investments
Net Income 0.00
Less:
Withdrawals 0.00
Net increase in Owner's Equity 1,569,000.00

Buenaflor, Capital, ending 1,569,000.00

You might also like