Aria Consuiting

Journal
April 31, 2016 Page 1
Date Explanation Post Reff Debit Credit
1-Apr-16 Cash 1.1 20,000.00
Account Receivable 1.2 14,700.00
Supplies 1.4 3,300.00
Office Equipment 1.8 12,000.00
Yusuf Aria, Capital 3.1 50,000.00
1-Apr-16 Prepaid Rent 1.5 6,000.00
Cash 1.1 6,000.00
2-Apr-16 Prepaid Insurance 1.6 4,200.00
Cash 1.1 4,200.00
4/4/2016 Cash 1.1 9,400.00
Unearned Fees 2.3 9,400.00
5-Apr-16 Office Equipment 1.8 8,000.00
Account Payable 2.1 8,000.00
6-Apr-16 Cash 1.1 11,700.00
Account Receivable 1.2 11,700.00
10-Apr-16 Miscellaneous Expense 5.9 350.00
Cash 1.1 350.00
12-Apr-16 Account Payable 2.1 6,400.00
Cash 1.1 6,400.00
12-Apr-16 Account Receivable 1.2 21,900.00
Fees Earned 4.1 21,900.00
14-Apr-16 Salary Expense 5.1 1,650.00
Cash 1.1 1,650.00

Aria Consuiting
Journal
April 31, 2016 Page 2
Date Explanation Post Reff Debit Credit
17-Apr-16 Cash 1.1 6,600.00
Fees Earned 4.1 6,600.00
18-Apr-16 Supplies 1.4 725.00
Cash 1.1 725.00
20-Apr-16 Account Receivable 1.2 16,800.00
Fees Earned 4.1 16,800.00
24-Apr-16 Cash 1.1 4,450.00
Fees Earned 4.1 4,450.00
26-Apr-16 Cash 1.1 26,500.00
Account Receivable 1.2 26,500.00
27-Apr-16 Salary Expense 5.1 1,650.00
Cash 1.1 1,650.00
29-Apr-16 Miscellaneous Expense 5.9 540.00
 Cash 1.1 540.00
30-Apr-16 Miscellaneous Expense 5.9 760.00
Cash 1.1 760.00
4/30/2016 Cash 1.1 5,160.00
Fees Earned 4.1 5,160.00
4/30/2016 Account Receivable 1.2 2,590.00
Fees Earned 4.1 2,590.00
4/30/2016 Yusuf Aria, Drawing 3.2 18,000.00
Cash 1.1 18,000.00
Account : Cash Account No. 1.1
Date Item Post Ref Debit Credit Balance Account : Yusuf Aria, Capital Acc
Debit Credit Date
1-Apr-16 1 20,000.00 20,000.00
1 6,000.00 14,000.00 1-Apr-16
2-Apr-16 1 4,200.00 9,800.00
4/4/2016 1 9,400.00
19,200.00 Account : Yusuf Aria, Drawing Ac
6-Apr-16 1 11,700.00 Date
30,900.00
10-Apr-16 1 350.00 4/30/2016
30,550.00
12-Apr-16 1 6,400.00
24,150.00 Account : Fees Earned Account N
14-Apr-16 1 1,650.00 Date
22,500.00
17-Apr-16 2 6,600.00 29,100.00 12-Apr-16
18-Apr-16 2 725.00 28,375.00 17-Apr-16
24-Apr-16 2 4,450.00 32,825.00 20-Apr-16
26-Apr-16 2 26,500.00 59,325.00 24-Apr-16
27-Apr-16 2 1,650.00 57,675.00 4/30/2016
29-Apr-16 2 540.00 57,135.00
30-Apr-16 2 760.00 56,375.00 30-Apr-16
2 5,160.00 61,535.00
2 18,000.00 43,535.00 Account : Salary Expense Accoun
Date
Account : Account Receivable Account No. 1.2
Date Item Post Ref Debit Credit Balance 14-Apr-16
Debit Credit 27-Apr-16
1-Apr-16 1 14,700.00 14,700.00 30-Apr-16
6-Apr-16 1 11,700.00 3,000.00
12-Apr-16 1 21,900.00 24,900.00 Account : Supplies Expense Acco
20-Apr-16 2 16,800.00 41,700.00 Date
26-Apr-16 26,500.00 15,200.00
4/30/2016 2 2,590.00 17,790.00 30-Apr-16

Account : Supplies Account No. 1.4 Account : Rent Expense Account

Date Item Post Ref Debit Credit Balance Date
Debit Credit
1-Apr-16 1 3,300.00 3,300.00 30-Apr-16
18-Apr-16 2 725.00 4,025.00
30-Apr-16 Adjusted 3 2,800.00 1,225.00
Account : Depreciation Expense A
Account : Prepaid Rent Account No. 1.5 Date
Date Item Post Ref Debit Credit Balance
 Debit Credit 30-Apr-16
1-Apr-16 1 6,000.00 6,000.00
30-Apr-16 Adjusted 3 2,000.00 4,000.00
Account : Insurance Expense Acc
Account : Prepaid Insurance Account No. 1.6 Date
Date Item Post Ref Debit Credit Balance
Debit Credit 30-Apr-16
2-Apr-16 1 4,200.00 4,200.00
30-Apr-16 Adjusted 3 350.00 3,850.00 Account : Miscellaneous Expense
Date

Account : Office Equipment Account No. 1.8 10-Apr-16

Date Item Post Ref Debit Credit Balance 29-Apr-16
Debit Credit 30-Apr-16
1-Apr-16 1 12,000.00 12,000.00
5-Apr-16 1 8,000.00 20,000.00

Account : Accumulated Depreciation Account No. 1.9

Date Item Post Ref Debit Credit Balance
Debit Credit
30-Apr-16 Adjusted 3 400.00 400.00

Account : Accounts Payable Account No. 2.1

Date Item Post Ref Debit Credit Balance
Debit Credit
5-Apr-16 1 8,000.00 8,000.00
12-Apr-16 1 6,400.00 1,600.00

Account : Salaries Payable Account No. 2.2

Date Item Post Ref Debit Credit Balance
Debit Credit
30-Apr-16 Adjusted 3 275.00 275.00

Account : Unearned Fees Account No. 2.3

Date Item Post Ref Debit Credit Balance
Debit Credit
4/4/2016 1 9,400.00 9,400.00
30-Apr-16 Adjusted 3 7,050.00 2,350.00
Account : Yusuf Aria, Capital Account No. 3.1
Item Post Ref Debit Credit Balance
Debit Credit
1 50,000.00 50,000.00

Account : Yusuf Aria, Drawing Account No. 3.2

Item Post Ref Debit Credit Balance
Debit Credit
2 18,000.00 18,000.00

Account : Fees Earned Account No. 4.1

Item Post Ref Debit Credit Balance
Debit Credit
1 21,900.00 21,900.00
2 6,600.00 28,500.00
2 16,800.00 45,300.00
2 4,450.00 49,750.00
2 5,160.00 54,910.00
2 2,590.00 57,500.00
Adjusted 3 7,050.00 64,550.00

Account : Salary Expense Account No. 5.1

Item Post Ref Debit Credit Balance
Debit Credit
1 1,650.00 1,650.00
2 1,650.00 3,300.00
Adjusted 3 275.00 3,575.00

Account : Supplies Expense Account No. 5.2

Item Post Ref Debit Credit Balance
Debit Credit
Adjusted 3 2,800.00 2,800.00

Account : Rent Expense Account No. 5.3

Item Post Ref Debit Credit Balance
Debit Credit
Adjusted 3 2,000.00 2,000.00

Account : Depreciation Expense Account No. 5.4

Item Post Ref Debit Credit Balance
Debit Credit
 Adjusted 3 400.00 400.00

Account : Insurance Expense Account No. 5.5

Item Post Ref Debit Credit Balance
Debit Credit
Adjusted 3 350.00 350.00

Account : Miscellaneous Expense Account No. 5.9

Item Post Ref Debit Credit Balance
Debit Credit
1 350.00 350.00
2 540.00 890.00
2 760.00 1,650.00
 Aria Consuiting
Unadjusted Trial Balance
April 31, 2016
Title Debit Credit
Cash 43,535.00
Account Receivable 17,790.00
Supplies 4,025.00
Prepaid Rent 6,000.00
Prepaid Insurance 4,200.00
Office Equipment 20,000.00
Accumulated Depreciation
Account Payable 1,600.00
Salaries Payable
Unearned Fees 9,400.00
Yusuf Aria, Capital 50,000.00
Yusuf Aria, Drawing 18,000.00
Fees Earned 57,500.00
Salary Expense 3,300.00
Supplies Expense
Rent Expense
Depreciation Expense
Insurance Expense
Miscellaneous Expense 1,650.00
118,500.00 118,500.00
 Aria Consuiting
Journal
April 31, 2016 Page 3
Date Explanation Post Reff Debit Credit
30-Apr-16 Insurance Expense 5.5 350.00
Prepaid Insurance 1.6 350.00
insurance Expired
Supplies Expense 5.2 2,800.00
Supplies 1.4 2,800.00
Supplies Used (4.025-1.225)
Depreciation Expense 5.4 400.00
Accumulated Depreciation 1.9 400.00
Equipment Depreciation
Salaries Expense 5.1 275.00
Salaries Payable 2.2 275.00
Accrued Salaries
Rent Expense 5.3 2,000.00
Prepaid Rent 1.5 2,000.00
Rent Expired
Unearned Rent 2.3 7,050.00
Fees Earned 4.10 7,050.00
Unearned Fees Earned (9.400-2.350)
 Aria Consuiting
Adjusted Trial Balance
April 31, 2016
Title Debit Credit
Cash 43,535.00
Account Receivable 17,790.00
Supplies 1,225.00
Prepaid Rent 4,000.00
Prepaid Insurance 3,850.00
Office Equipment 20,000.00
Accumulated Depreciation 400.00
Account Payable 1,600.00
Salaries Payable 275.00
Unearned Fees 2,350.00
Yusuf Aria, Capital 50,000.00
Yusuf Aria, Drawing 18,000.00
Fees Earned 64,550.00
Salary Expense 3,575.00
Supplies Expense 2,800.00
Rent Expense 2,000.00
Depreciation Expense 400.00
Insurance Expense 350.00
Miscellaneous Expense 1,650.00
119,175.00 119,175.00
 Aria Consuiting
Income Statement
April 31, 2016

Fees Earned 64,550.00

Expenses :
Salary Expense 3,575.00
Supplies Expense 2,800.00
Rent Expense 2,000.00
Depreciation Expense 400.00
Insurance Expense 350.00
Miscellaneous Expense 1,650.00
Total Expense 10,775.00
Net Income 53,775.00
 Aria Consuiting
Statement of Owner's Equity
April 31, 2016
Yusuf Aria, Capital April 1, 2016 0
Investment on April 50,000.00
Net Income in April 53,775.00
103,775.00
Less Withdrawal 18,000.00
Increase of Owner's Equity 85,775.00

Yusuf Aria, Capital April 1, 2016 85,775.00

 Aria Consuiting
Balance Sheet
April 31, 2016
Asset Liabilities
Current Asset : Current Liabilities :
Cash 43,535.00 Account Payable 1,600.00
Account Receivable 17,790.00 Salaries Payab;e 275.00
Supplies 1,225.00 Unearned Fees 2,350.00
Prepaid Rent 4,000.00 Total Liabilities
Prepaid Insurance 3,850.00
Total Current Asset 70,400.00
PPE Owner's Equity
Office Equipment 20,000.00 Yusuf Aria, Capital
Less Account Depreciation 400.00
Total PPE 19,600.00 Total Liabilities & Total Equity
Total Assets 90,000.00
 4,225.00

85,775.00

90,000.00
 Aria Consuiting
Closing Journal
April 31, 2016 Page 4
Date Explanation Post Reff Debit Credit
30-Apr-16 Fees Earned 4.1 64,550.00
Income Summary 3.3 64,550.00

30-Apr-16 Income Summary 3.3 10,775.00

Salary Expense 5.1 3,575.00
Supplies Expense 5.2 2,800.00
Rent Expense 5.3 2,000.00
Depreciation Expense 5.4 400.00
Insurance Expense 5.5 350.00
Miscellaneous Expense 5.9 1,650.00

30-Apr-16 Income Summary 3.3 53,775.00

Yusuf Aria, Capital 3.1 53,775.00

30-Apr-16 Income Summary 3.3 18,000.00

Yusuf Aria, Drawing 3.2 18,000.00
 Aria Consuiting
Post-Closing Trial Balance
April 31, 2016
Title Debit Credit
Cash 43,535.00
Account Receivable 17,790.00
Supplies 1,225.00
Prepaid Rent 4,000.00
Prepaid Insurance 3,850.00
Office Equipment 20,000.00
Accumulated Depreciation 400.00
Accounts Payable 1,600.00
Salaries Payable 275.00
Unearned Fees 2,350.00
Yusuf Aria, Capital 85,775.00
90,400.00 90,400.00