Scribd Logo
Upload

Welcome to Scribd!

  • PC Depot Answer

    Uploaded by

    Fadhila Nurfida Hanif
    22 views4 pages
    PC Depot's income statement for September 30th shows sales of $52,850 and total costs of $46,195, resulting in a net profit of $6,654.67. The trial balance as of September 30th lists assets like cash, accounts receivable, and inventory, as well as liabilities such as accounts payable and loans payable. The balance sheet shows current assets of $248,800, fixed assets of $17,116.17, total liabilities of $194,261, and total shareholders' equity of $71,655.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    PC Depot's income statement for September 30th shows sales of $52,850 and total costs of $46,195, resulting in a net profit of $6,654.67. The trial balance as of September 30th lists assets like cash, accounts receivable, and inventory, as well as liabilities such as accounts payable and loans payable. The balance sheet shows current assets of $248,800, fixed assets of $17,116.17, total liabilities of $194,261, and total shareholders' equity of $71,655.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    22 views4 pages

    PC Depot Answer

    Uploaded by

    Fadhila Nurfida Hanif
    PC Depot's income statement for September 30th shows sales of $52,850 and total costs of $46,195, resulting in a net profit of $6,654.67. The trial balance as of September 30th lists assets like cash, accounts receivable, and inventory, as well as liabilities such as accounts payable and loans payable. The balance sheet shows current assets of $248,800, fixed assets of $17,116.17, total liabilities of $194,261, and total shareholders' equity of $71,655.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    PC DEPOT

    CASES
    FA D H I L A N U R F I DA H A N I F
    29320149 -SLEMBA
    INCOME STATEMENT SEPTEMBER 30
    Sales 52.850

    Cost
    Rent Expense 1.485
    Advertising Expense 1.320
    Wages Expense 2063
    Office supplies expense 1.100
    Utilities expense 275
    Merchandise Cost 38.140
    Insurance expenses for Sep 192,5
    Interest Wages 1250
    Depreciation of FnF 143,83
    Electric expense 226
    Total cost 46.195

    Net profit 6.654,67


    TRIAL BALANCE SEPTEMBER 30
    Balance
    Particulars
    Debit Credit
    Cash 84.661,00
    Bank Loan Payable 100.000,00
    Capital 65.000,00
    Rent Expense 1.485,00
    Prepaid Rent 1.485,00
    Merchandise Inventory 149.300,00
    Account Payable 92.345,00
    FnF 17.260,00
    Advertising Expense 1.320,00
    Wages expense 2.063,00
    Office suplies expenses 1.100,00
    Utilities Expenses 275,00
    Sales revenue 52.850,00
    Account Receivable 11.236,00
    Cost of sale 38.140,00
    Accrued Wages 440,00
    Insurance Exp 192,50
    Prepaid Insurance 2.117,50
    Electric exp 226,00
    Accrued Electric bill 226,00
    Bank Interest Expense 1.250,00
    Interest Payable 1.250,00
    Depreciation of furniture 143,83
    Accumulated depreciation 143,83
    TOTAL 312.254,83 312.254,83
    BALANCE SHEET SEPTEMBER 30
    PC DEPOT
    Balance sheet
    As 30 September

    Assets Liabilities
    Current assets Current liabilities
    Cash 84.661 Account payable 92.345
    Accounts recievable 11.236 Bank notes payable 100.000
    Prepaid rent 1.485 Accrued wages payable 440
    Marchandise inventory 149.300 Accrued Electric bill 226
    Prepaid insurance 2.118 Accrued interest 1250

    Total current assets 248.800


    Total current liabilities 194.261

    Property, land, equipment Equity


    Furniture and fixtures 17.260 Capital 65.000
    Less: accumulated depreciation on
    furniture 143,83 Retained earnings 6.654,67
    Total fix asset 17.116,17 Total shareholders' equity 71.655

    Total liabilities and shareholders'


    Total assets 265.915,67 equity 265.915,67

    You might also like