Trial Balance

M&K Resto and Cafe

As at 31 December 2020
ACCOUNT CODE ACCOUNT ACCOUNT TYPE DEBIT CREDIT

200 Sales Revenue 8,065.94

260 Other Revenue Revenue 1,847.58
4041 Fees Earned Revenue 91,929.28
4043 Sales Account Revenue 765,066.97
400 Advertising Expense 7,809.47
404 Bank Fees Expense 15.00
412 Consulting & Accounting Expense 29.00
416 Depreciation Expense 4,350.00
420 Entertainment Expense 1,549.65
429 General Expenses Expense 175.10
445 Light, Power, Heating Expense 125.50
449 Motor Vehicle Expenses Expense 517.18
453 Office Expenses Expense 128.07
461 Printing & Stationery Expense 72.70
469 Rent Expense 2,182.44
473 Repairs and Maintenance Expense 64.20
489 Telephone & Internet Expense 43.25
493 Travel - National Expense 11.09
5050 Cost of Good Sold Direct Costs 529,241.08
5051 Driver Salaries Expense Expense 33,300.00
5052 Maintenance Supplies Expense Expense 155,360.00
5053 Fuel Expense Expense 820.00
5054 Office Salaries Expense Expense 24,890.00
5055 Rent Expense Expense 2,500.00
5056 Advertising Expense Expense 7,669.64
Miscellaneous Administrative
5057 Expense 10,930.00
Expense
Depreciation Expense - Office
5058 Expense 26.17
Equip.
5059 DepreciationExpense - Vehicle Expense 6,833.10
090 Business Bank Account Bank 4,872.25
091 Business Savings Account Bank 1,000.00
1011 Cash Bank 523,670.48
1012 Accounts Receivable Current Asset 465,123.26
1013 Merchandise Inventory Current Asset 49,330.36
1014 Maintenance Supplies Current Asset 457,305.35
1015 Office Supplies Current Asset 3,294.64
1016 Office Equipment Fixed Asset 19,793.79
1017 Accum. Depr.-Office Equipment Fixed Asset 4,276.17
1018 Vehicles Fixed Asset 117,800.00
1019 Accum. Depr.-Vehicle Fixed Asset 24,633.10
Less Accumulated Depreciation
711 Fixed Asset 4,350.00
on Office Equipment
720 Computer Equipment Fixed Asset 1,969.99

Trial Balance M&K Resto and Cafe

Trial Balance

2021 Accounts Payable Current Liability 21,994.96

2022 Accrued Expenses Current Liability 710.00
820 Sales Tax Current Liability 7,687.20
3031 M&K, Capital Equity 162,975.00
3032 M&K, Drawing Equity 4,000.00
Total 1,765,169.48 1,765,169.48

Trial Balance M&K Resto and Cafe