Professional Documents
Culture Documents
6700
6700
3000
3000
problem 4-6A
earned services
dr cr salary expense
5100 dr
5150 1100
1000 1100
electrcity expense
telephone bill expense dr cr
dr cr 400
150
accounts recievable supplies office equipment
cr dr cr dr cr
3000 (cash rec on account) 2000 11500
6900 750 (on account) 3500
9900
advertisemnet expense
dr cr
200
GENERAL JOURNAL
DATE ACCOUNT TITLE
1-Jun cash
accounts recievable
supplies
office equipment
Emily's capital
1-Jun prepaid rent
cash
2-Jun prepaid insurance
cash
4-Jun cash
unearned fees
5-Jun office equipment
accounts payable
6-Jun cash
accounts recievable
10-Jun Miscellaneous expense
cash
12-Jun accounts payable
cash
12-Jun accounts recievable
fees earned
14-Jun salary expense
cash
17-Jun cash
fees earned
18-Jun supplies
cash
20-Jun accounts recievable
fees earned
24-Jun cash
fees earned
26-Jun cash
accounts recievable
27-Jun salary expense
cash
28-Jun Miscellaneous expense
cash
30-Jun Miscellaneous expense
cash
30-Jun cash
fees earned
30-Jun accounts recievable
fees earned
30-Jun emily's drawing
cash
RNAL
DEBIT CREDIT
20000
4500
2000
11500
38000
6000
6000
2400 2400
2700
2700
3500
3500
3000
3000
200
200
750
750
5100
5100
1100
1100
6500
6500
750
750
3100
3100
5150
5150
6900
6900
1100
1100
150
150
400
400
2500
2500
1000
1000
5000
5000
LEDGER
EMILY'S CONSULTING
STATEMENT OF OWNER'S EQUITY
net income
less: Emily's drawings
Emily's equity
EMILY'S CONSULTING
EMENT OF OWNER'S EQUITY
16455
5000
11455
DOLPHIN BAKERS
BREAD INVENTORY CARD
FOR THE MONTH OF DEC 2013
DATE PURCHASED ISSUED/SOLD BALANCE
UNITS U.COST T.BAL UNITS U.COST T.BAL UNITS U.COST
31-Dec 4000 30
11-Jan 5000 35 175000 4000 30
5000 35
9000
8 3000 36 108000 4000 30
5000 35
3000 36
11 6000 30 120000 12000
35 70000 3000 35
190000 3000 36
6000
14 8000 33 264000 3000 35
3000 36
8000 33
14000
19 2500 36 90000 3000 35
3000 36
8000 33
2500 36
16500
22 9000(3000 35 105000 0
3000 36 108000 0
3000 33 99000 5000 33
312000 2500 36
7500
24 2000(2000 33 66000 3000 33
2500 36
66000 5500
1074000
120000 1118000
1194000 76000 1118000
1134000
BALANCE
T.BAL
120000
120000
175000
295000
120000
175000
108000
403000
105000
108000
213000
105000
108000
264000
477000
105000
108000
264000
90000
567000
165000
90000
225000
99000
90000
189000
6000 39 234000
99000 9000 38 342000
90000 2000 41 82000
266000 5000 43 215000
10000 45 450000
18000 1323000
266000
18000
266000
171000 GROSS PROFIT 205000 189000
455000
76000
76000
1 4000 30
1074000
120000
1194000 1134000
BALANCE (A) ending inventory
T.BAL
total units purchased 1074000
120000 add:beginning purchases 120000
total purchases/inventory 1194000
120000 less:cost of units sold 1134000
175000 ending inventory 60000
295000
120000
175000 (B) gross profit
108000
403000 units issued cost/unit t.cost
6000 39 234000
120000 9000 38 342000
70000 2000 41 82000
190000 5000 43 215000
10000 45 450000
120000 total cost 1323000
70000 less:cost of units sold 1134000
264000 gross profit 189000
454000
120000
70000
264000
90000
544000
120000
70000
49500
239500
120000
52500
172500
120000
52500
266000
438500
120000
52500
76000
248500
120000
52500
76000
171000
248500
60000
60000
purchased issued
units unit cost total units unit cost total
1-Dec-13
]
5000 35 175000
\ 3000 36 108000
\]]
1074000 1120383
120000
1194000 1194000
total sold price
total cost price
gross profit
balance
units unit cost total
4000 30 120000
4000 30 120000
5000 35 175000
195000
9000 295000
2000 73616.7
2000 36.80835 73616.7
1323000
1120383
202617
unadjusted adjusting
dr cr dr cr
ac rec 15000
adv ex 600
auto exp 3560
acc pay 720
auto mob 16000
acc dep of 1140 720
acc deo aut 4000 3200
bo d 9000
cash 25000
off sup 600 400
off eq 6000
pre paid in 1920 960
prepaid rent 7200 400
capital 80460
drawings 47000
sales com rev 60000
man ser rev 4800
mis exp 400
salaries exp 39960 6660
unearned fees 3120 780
ins exp 960
rentexp 400
dep expoff 720
dep exp aut 3200
salaries pay 6660
supp exp 400
earned fees 780
163240 163240 13120 13120
adjusted income statement
dr cr dr cr
15000
600
3560
720
16000
1860
7200
9000
25000
200
6000
960
6800
80460
47000
60000
4800
400
46620
2340
960
400
720
3200
6660
400
780
173820 173820