Ananda Budi Subagja / 29120574

Assignment
Exercise 1,2,3

A & C. LEDGER

Cash 101 Account Payable 201 Salaries and Wages Expense 726
Date Explaination Debit Credit Balance Date Explaination Debit Credit Balance Date Explaination Debit Credit Balance
Beg. Balance $ 2,400 Beg. Balance $ 2,600 Nov. 8 $ 800 $ 800
Nov. 8 $ 1,500 $ (1,500) Nov. 15 $ 2,000 $ (2,000) Nov. 25 $ 1,500 $ 1,500
Nov. 10 $ 3,420 $ 3,420 Nov.17 $ 700 $ (700) Nov.30 Adjustment $ 350 $ 350
Nov. 12 $ 3,100 $ 3,100 Nov. 20 $ 2,700 $ 2,700 $ 2,650
Nov. 20 $ 2,700 $ (2,700) $ 2,600
Nov. 22 $ 500 $ (500) Rent Expense 729
Nov. 25 $ 1,500 $ (1,500) Salaries and Wages Payable 212 Date Explaination Debit Credit Balance
Nov. 29 $ 350 $ 350 Date Explaination Debit Credit Balance Nov. 22 $ 500 $ 500
$ 3,070 Beg. Balance $ (700)
Nov. 8 $ 700 $ 700 Depreciation Expense 711
Equipment 157 Nov.30 Adjustment $ 350 $ (350) Date Explaination Debit Credit Balance
Date Explaination Debit Credit Balance $ (350) Nov.30 Adjustment $ 200 $ 200
Beg. Balance $ 16,000
Nov. 15 $ 2,000 $ 2,000 Unearned Service Revenue 209 Supplies Expense 631
$ 18,000 Date Explaination Debit Credit Balance Date Explaination Debit Credit Balance
Beg. Balance $ (1,360) Nov.30 Adjustment $ 1,100 $ 1,100
Supplies 126 Nov. 29 $ 350 $ (350)
Date Explaination Debit Credit Balance Nov.30 Adjustment $ 1,380 $ 1,380 Retained Earnings 320
Beg. Balance $ 1,800 $ (330) Date Explaination Debit Credit Balance
Nov. 15 $ 700 $ 700 $ (7,990)
Nov.30 Adjustment $ 1,100 $ (1,100) Share Capital-Ordinary 311
$ 1,400 Date Explaination Debit Credit Balance
$ (10,000)
Account Receivable 112
Date Explaination Debit Credit Balance Service Revenue 400
Beg. Balance $ 4,450 Date Explaination Debit Credit Balance
Nov. 10 $ 3,420 $ (3,420) Nov. 12 $ 3,100 $ (3,100)
Nov. 27 $ 1,900 $ 1,900 Nov. 27 $ 1,900 $ (1,900)
$ 2,930 Nov.30 Adjustment $ 1,380 $ (1,380)
$ (6,380)
Accumulated Depreciation-Equipment 158
Date Explaination Debit Credit Balance
Beg. Balance $ (2,000)
Nov.30 Adjustment $ 200 $ (200)
$ (2,200)
B. GENERAL JOURNAL

Date Account Ref Debit Credit

Nov. 8 Salaries & Wages Payable 212 $ 700
Salaries & Wages Expense 726 $ 800
Cash 101 $ 1,500
Nov. 10 Cash 101 $ 3,420
Account Receivable 112 $ 3,420
Nov. 12 Cash 101 $ 3,100
Service Revenue 400 $ 3,100
Nov.15 Equipment 157 $ 2,000
Account Payable 201 $ 2,000
Nov. 17 Supplies 126 $ 700
Account Payable 201 $ 700
Nov. 20 Account Payable 201 $ 2,700
Cash 101 $ 2,700
Nov. 22 Rent Expense 729 $ 500
Cash 101 $ 500
Nov. 25 Salaries & Wages Expense 726 $ 1,500
Cash 101 $ 1,500
Nov. 27 Account Receivable 112 $ 1,900
Service Revenue 400 $ 1,900
Nov. 29 Cash 101 $ 350
Unearned Service Revenue 209 $ 350
D. TRIAL BALANCE & ADJUSTED TRIAL BALANCE

Trial Balance Adjustment Adjusted Trial Balance Income Statement

Dr Cr Dr Cr Dr Cr Dr
Cash $ 3,070 $ 3,070
Account Receivable $ 2,930 $ 2,930
Supplies $ 2,500 $ 1,100 $ 1,400
Accumulated Depreciation $ 2,000 $ 200 $ 2,200
Equipment $ 18,000 $ 18,000
Salaries & Wages Payable $ - $ 350 $ 350
Account Payable $ 2,600 $ 2,600
Share Capital - Ordinary $ 10,000 $ 10,000
Unearned Revenue $ 1,710 $ 1,380 $ 330
Service Revenue $ 5,000 $ 1,380 $ 6,380
Retained Earning $ 7,990 $ 7,990
Rent Expense $ 500 $ 500 $ 500
Salary Expense $ 2,300 $ 350 $ 2,650 $ 2,650
Supply Expense $ 1,100 $ 1,100 $ 1,100
Depreciation Expense $ 200 $ 200 $ 200

$ 29,300 $ 29,300 $ 3,030 $ 3,030 $ 29,850 $ 29,850 $ 4,450

Net Income $ 1,930

Total

E. ADJUSTED TRIAL BALANCE

 No Account Ref Debit Credit
Adj Supplies Expense 631 $ 1,100
Supplies 126 $ 1,100
Adj Salaries & Wages Expense 726 $ 350
Salaries & Wages Payable 212 $ 350
Adj Depreciation Expense 711 $ 200
Accumulated Depreciation 158 $ 200
Adj Unearned Service Revenue 209 $ 1,380
Service Revenue 400 $ 1,380
Income Statement Statement of Financial Position
Cr Dr Cr
$ 3,070
$ 2,930
$ 1,400
$ 2,200
$ 18,000
$ 350
$ 2,600
$ 10,000
$ 330
$ 6,380
$ 7,990

$ 6,380 $ 25,400 $ 23,470

1,930 $ 1,930

$ 25,400 $ 25,400
G. INCOME STATEMENT, RETAINED EARNINGS STATEMENT, STATEMENT OF FINANCIAL POSITION

XYZ
Income Statement
For The Month Ended November 30, 2020
Revenue
Service Revenue $ 6,380
Expenses
Rent Expense $ 500
Saleries Expense $ 2,650
Depreciation Expense $ 200
Supplies Expense $ 1,100
Total Expense $ 4,450
Net Income $ 1,930

XYZ
Retained Earning Statement
For The Month Ended November 30, 2020
Retained Earning, Beginning $ 7,990
Add: Net Income $ 1,930
Less: Devidend $ -

Retained Earnings, End $ 9,920

XYZ
Statement of Financial Position
For The Month Ended November 30, 2020
Asset
Cash $ 3,070
Account Receivable $ 2,930
 Equipment $ 18,000
Supplies $ 1,400
Accumulated Depreciation $ 2,200
Total Assets $ 23,200
Equity and Liabilities
Equity
Share Capital-Ordinary $ 10,000
Retained Earnings $ 9,920
Total Equity $ 19,920
Liabilities
Account Payable $ 2,600
Salaries and Wages Payable $ 350
Unearned Service Revenue $ 330
Total Liabilities $ 3,280

Total Equity and Liabilities $ 23,200