CASH RECEIPTS JOURNAL

DEBIT CREDIT
DATE PARTICULARS REF CASH SALES DISCOUNT VAT OUTPUT ACCOUNTS RECEIVABLE
4/4/2020 10,000.00
4/6/2020 3,000.00
4/8/2020 800.00 800.00
4/25/2020 1,600.00 1,600.00

TOTAL 15,400.00 - - 2,400.00

NAL
SUNDRIES
ACCOUNT REF DEBIT CREDIT
CAPITAL 10,000.00
UNEARNED REVENUE 3,000.00

- - - 13,000.00
 PUCHASE JOURNAL
DEBIT CREDIT
DATE PARTICULARS REFERENCE PUCHAVAT INPUT VAT OUTPUT ACCOUNTS PAYABLE
4/7/2020 1,800.00

TOTAL - - - 1,800.00
NAL
SUNDRIES
ACCOUNT REF DEBIT CREDIT
OFFICE EQUIPMENT 1,800.00

- - 1,800.00 -
 SALES JOURNAL
DEBIT CREDIT
DATE PARTICULARS REFERENCE CASH ACCOUNTS RECEIVA SERVICE REVENUE
4/4/2020 1,500.00
4/15/2020 2,250.00 2,250.00
4/15/2020 3,175.00 3,175.00
4/22/2020 1,100.00 1,100.00
4/22/2020 1,850.00 1,850.00
4/29/2020 2,050.00 2,050.00
4/29/2020 1,000.00 1,000.00

TOTAL - - 7,075.00 5,850.00 11,425.00

RNAL
CREDIT SUNDRIES
OUTPUT ACCOUNT REF DEBIT CREDIT
CAPITAL 1,500.00

- - - - 1,500.00
 CASH DISBURSMENT JO
CREDIT D
DATE PARTICULARS REFERENCE CASH PUCHASE DISCOUNTACCOUNTS PAYABLE
4/4/2020 4,500.00
4/4/2020 1,800.00
4/11/2020 120.00
4/12/2020 800.00 800.00
4/15/2020 400.00
4/18/2020 750.00
4/27/2020 400.00
4/28/2020 130.00
4/29/2020 200.00
4/29/2020 4,500.00

TOTAL 0 - 13,600.00 - 800.00

BURSMENT JOURNAL
DEBIT SUNDRIES
UTILITIES EXPE SALARIES EXPE TELEPHONE EX ADVERTISING EXPENSE ACCOUNT REF DEBIT CREDIT
PREPAID RENT 4,500.00
PREPAID INSURAN 1,800.00
120.00

400.00
SUPPLIES 750.00
400.00
130.00
200.00
4,500.00

200.00 5,300.00 130.00 120.00 - - 7,050.00 -

 GENERAL JOURNAL
DATE PARTICULARS REF DEBIT CREDIT
4/4/2020 SUPPLIES 1,250.00
OFFICE EQUIPMENT 7,500.00
CAPITAL 8,750.00

4/30/2020 INSURANCE EXPENSE 150.00

(A) PREPAID INSURANCE 150.00

4/30/2020 SUPPLIES EXPENSE 980.00

(B) SUPPLIES 980.00

4/30/2020 DEPRECIATION EXPENSE 500.00

(C') ACCUMULATED DEPRECIATION 500.00

4/30/2020 SALARIES EXPENSE 20.00

SALARIES PAYABLE 20.00
(D)

4/30/2020 RENT EXPENSE 1,500.00

(e') PREPAID RENT 1,500.00

4/30/2020 UNEARNED REVENUE 2,000.00

(F) SERVICE REVENUE 2,000.00

4/30/2020 SERVICE REVENUE 13,425.00

INSURANCE EXPENSE 150.00
DEPRECIATION EXPENSE 500.00
RENT EXPENSE 1,500.00
SUPPLIES EXPENSE 980.00
SALARIES EXPENSE 5,320.00
TELEPHONE EXPENSE 130.00
UTILITIES EXPENSE 200.00
ADVERTISING EXPENSE 120.00
INCOME SUMMARY 4,525.00

4/30/2020 INCOME SUMMARY 4,525.00

OWNER'S CAPITAL 4,525.00

TOTAL 0 31,850.00 31,850.00

Income
I/S

I/S
Expense
 GENERAL LEDGER
CASH
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 CRJ 15,400.00 4/30/2020 CDJ 13,600.00
4/30/2020 SJ 7,075.00

TOTAL 8,875.00

ACCOUNTS RECEIVABLE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 SJ 5,850.00 4/30/2020 CRJ 2,400.00

TOTAL 3,450.00

SUPPLIES
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 GJ 1,250.00 4/30/2020 AJE (B) 980.00
4/30/2020 CDJ 750.00

TOTAL 1,020.00

PREPAID RENT
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 CDJ 4,500.00 4/30/2020 AJE € 1,500.00

TOTAL 3,000.00

PREPAID INSURANCE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/4/2020 CDJ 1,800.00 4/30/2020 AJE A 150.00

TOTAL 1,650.00
 OFFICE EQUIPMENT
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/4/2020 PJ 1,800.00
4/7/2020 CDJ 7,500.00

TOTAL 9,300.00

ACCUMULATED DEPRECIATION
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
AJE (C') 500.00

TOTAL 500.00

ACCOUNTS PAYABLE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/7/2020 PJ 1,800.00
4/12/2020 CDJ 800.00

TOTAL 1,000.00

SALARIES PAYABLE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/7/2020 AJE (D) 20.00

TOTAL 20.00

UNEARNED REVENUE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/6/2020 CRJ 3,000.00
4/30/2020 AJE ( 2,000.00

TOTAL 1,000.00

OWNER'S CAPITAL
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
 4/4/2020 CRJ 10,000.00
SJ 1,500.00
GJ 8,750.00
I/S

TOTAL 20,250.00

INCOME SUMMARY
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
-

TOTAL -

SERVICE REVENUE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 SJ 11,425.00
AJE (F) 2,000.00

TOTAL 13,425.00

INSURANCE EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 AJE ( 150.00

TOTAL 150.00

DEPRECIATION EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 AJE (C 500.00

TOTAL 500.00

RENT EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 AJE (E 1,500.00
TOTAL 1,500.00

SUPPLIES EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 AJE (B 980.00

TOTAL 980.00

SALARIES EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/30/2020 CDJ 5,300.00
4/30/2020 AJE ( 20.00

TOTAL 5,320.00

TELEPHONE EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/28/2020 CDJ 130.00

TOTAL 130.00

UTILITIES EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/29/2020 CDJ 200.00

TOTAL 200.00

ADVERTISING EXPENSE
DEBIT CREDIT
DATE REF AMOUNT DATE REF AMOUNT
4/11/2020 CDJ 120.00

TOTAL 120.00
 YG COMPANY
ADJUSTED TRIAL BALANCE
FOR THE YEAR ENDED APRIL 30, 2020

DEBIT CREDIT
CASH 8,875.00
ACCOUNTS RECEIVABLE 3,450.00
PREPAID RENT 3,000.00
PREPAID INSURANCE 1,650.00
SUPPLIES 1,020.00
OFFICE EQUIPMENT 9,300.00
ACCUMULATED DEPRECIATION - EQUIPMENT 500.00
ACCOUNTS PAYABLE 1,000.00
SALARIES EXPENSE 20.00
UNEARNED REVENUE 1,000.00
OWNER'S EQUITY 20,250.00
SERVICE REVENUE 13,425.00
INSURANCE EXPENSE 150.00
DEPRECIATION EXPENSE 500.00
RENT EXPENSE 1,500.00
SUPPLIES EXPENSE 980.00
SALARIES EXPENSE 5,320.00
TELEPHONE EXPENSE 130.00
UTILITIES EXPENSE 200.00
ADVERTISING EXPENSE 120.00

TOTAL 36,195.00 36,195.00

 YG COMPANY
INCOME STATEMENT
FOR THE PERIOD ENDED APRIL 30, 2020

Revenue
Service Revenue 13,425.00
Total Revenue 13,425.00

Expenses
Insurance Expense 150.00
Depreciation Expense 500.00
Rent Expense 1,500.00
Supplies Expenses 980.00
Salaries Expenses 5,320.00
Telephone Expense 130.00
Utilities Expense 200.00
Advertisement Expense 120.00
Total Expense 8,900.00

Net Income 4,525.00

YG COMPANY
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED APRIL 30, 2020

Beginning 20,250.00
Add: Net Income 4,525.00
Less: Withdrawals -
End 24,775.00

YG COMPANY
BALANCE SHEET
FOR THE YEAR ENDED APRIL 30, 2020

Assets
Current Asset
Cash 8,875.00
Accounts Receivable 3,450.00
Prepaid Rent 3,000.00
Prepaid Insurance 1,650.00
Supplies 1,020.00
 Total Current Assets 17,995.00
Non- Current Assets
Office Equipment 9,300.00
Accumulated Depreciation (500.00) 8,800.00
Total Assets 26,795.00

Liabilities and Owner's Equity

Liabilities
Accounts Payable 1,000.00
Salaries Payable 20.00
Unearned revenues 1,000.00
Total Liabilities 2,020.00

Owner's Equity 24,775.00

Total Liabilities and Owner's Equity 26,795.00

YG COMPANY
ADJUSTED TRIAL BALANCE
FOR THE YEAR ENDED APRIL 30, 2020

CASH 8,875.00
ACCOUNTS RECEIVABLE 3,450.00
PREPAID RENT 3,000.00
PREPAID INSURANCE 1,650.00
SUPPLIES 1,020.00
OFFICE EQUIPMENT 9,300.00
ACCUMULATED DEPRECIATION - EQUIPMENT 500.00
ACCOUNTS PAYABLE 1,000.00
SALARIES EXPENSE 20.00
UNEARNED REVENUE 1,000.00
OWNER'S EQUITY 24,775.00
SERVICE REVENUE -
INSURANCE EXPENSE -
DEPRECIATION EXPENSE -
RENT EXPENSE -
SUPPLIES EXPENSE -
SALARIES EXPENSE -
TELEPHONE EXPENSE -
UTILITIES EXPENSE -
ADVERTISING EXPENSE -

TOTAL 27,295.00 27,295.00

Service 112,000.00

Cash 112,000.00
Service Income 100,000.00
Vat output 12,000.00

accounts receivable 112,000.00

Service Income 100,000.00
Vat output 12,000.00