Date Accounts Debit Credit

Dec. 1 Cash 13000

Murphy, Capital 13000
Truck 9000
Murphy, Capital 9000
1 Prepaid Insurance 600
Cash 600
4 Office Supplies 750
Cash 750
12 Cash 2200
Service Revenue 2200
15 Accounts Receivable 3300
Service Revenue 3300
18 Salary Expense 800
Cash 800
20 Cash 7000
Service Revenue 7000
22 Cash 2200
Unearned Revenue 2200
25 Cash 3300
Accounts Receivable 3300
27 Fuel Expense 150
Accounts Payable 150
28 Accounts Receivable 1400
Service Revenue 1400
29 Rent Expense 1400
Cash 1400
30 Accounts Payable 150
Cash 150
31 Murphy, Withdrawals 2500
Cash 2500
 Cash Murphy, Capital Truck
13000 500 13000 9000
2200 100 9000
7000 750
2200 800
3300 1400
150
2500
Total 21500 22000 9000

Accounts Receivable Salary Expense Unearned Revenue

3300 3300 800 2200
1400

Total 1400 800 2200

Prepaid Insurance Office Supplies Service Revenue
600 750 2200
3300
7000
1400

600 750 13900

Fuel Expense Accounts Payable Rent Expense

150 150 150 1400

150 0 1400
Murphy, Withdrawals
2500

2500
 Murphy Delivery Service
Unadjusted Trial Balance
12/31/2018
Balance
Account Debit Credit
Cash 21500
Accounts Recievable 1400
Truck 9000
Prepaid Insurance 600
Office Supplies 750
Unearned Revenue 2200
Accounts Payable 0
Murphy, Capital 22000
Murphy, Withdrawals 2500
Service Revenue 13900
Fuel Expense 150
Salary Expense 800
Rent Expense 1400
Total 38100 38100
Accounts Debit Credit
Salaries Expense 800
Salaries Payable 800
Truck Depreciation Expense 100
Accrued Depreciation, Truck 100
Insurance Expense 100
Prepaid Insurance 100
Office Supplies Expense 300
Office Supplies 300
Unearned Revenue 700
Service Revenue 700
Accrued Service Revenue 450
Service Revenue 450

Cash Murphy, Capital

13000 500 13000
2200 100 9000
7000 750
2200 800
3300 1400
150
2500
Total 21500 22000

Accounts Receivable Salary Expense

3300 3300 800
1400 800

Total 1400 1600

 Truck Prepaid Insurance Insurance Expense Office Supplies
9000 600 100 100 750

9000 500 100 450

Unearned Revenue Fuel Expense Accounts Payable Rent Expense

700 2200 150 150 150 1400

1500 150 0 1400

Office Supplies Service Revenue Accrued Depreciation, Truck
300 2200 100
3300
7000
1400
700
450

15050 100

Rent Expense Murphy, Withdrawals Salaries Payable

2500 800

2500 800
Truck Depreciation Expense Accrued Service Revenue
100 450

100 450

Office Supplies Expense

300

300
 Murphy Delivery Service
Adjusted Trial Balance
12/31/2018
Balance
Account Debit Credit
Cash 21500
Accounts Recievable 1400
Truck 9000
Prepaid Insurance 500
Office Supplies 450
Accrued Service Revenue 450
Accrued Depreciation, Truck 100
Unearned Revenue 1500
Accounts Payable 0
Salaries Payable 800
Murphy, Capital 22000
Murphy, Withdrawals 2500
Service Revenue 15050
Office Supplies Expense 300
Truck Depreciation Expense 100
Insurance Expense 100
Fuel Expense 150
Salary Expense 1600
Rent Expense 1400
Total 39450 39450
 Murphy Delivery Service
Income Statement
Month Ended December 31, 2018
Revenues: $ 15,050
Expenses:
Salary Expense $ 1,600
Rent Expense 1,400
Office Supplies Expense 300
Fuel Expense 150
Truck Depreciation Expense 100
Insurance Expense 100
3,650
Net Income: $ 11,400

Murphy Delivery Service

Balance Sheet
Month Ended December 31, 2018
Assets
Current Assets
Cash $ 21,500
Prepaid Insurance 500
Accounts Receivable 1,400
Accrued Service Revenue 450
Fixed Assets
Truck $ 9,000
Less: Acc. Depr. - Truck (100) 8,900
Office Supplies 450
Total Assets $ 33,200
 Murphy Delivery Service
Statement of Owner's Equity
Month Ended December 31, 2018
Murphy, Capital December 1, 2018 $ -
Owner's contribution 22,000
Net Income for the Month 11,400
33,400
Owner's Withdrawal (2,500)
Murphy, Capital December 31, 2018 $ 30,900

Murphy Delivery Service

Balance Sheet
Month Ended December 31, 2018
Liabilities
Current Liabilities
Unearned Revenue $ 1,500
Accounts Payable -
Salaries Payable 800
Total Liabilities 2,300

Owner's Equity
Murphy, Capital 30,900
Total Liabilities and Owner's Equity $ 33,200
Accounts Debit Credit
Service Revenue 15050 Murphy, Capital
Income Summary 15050 2500 13000
Income Summary 3650 9000
Salary Expense 1600 11400
Rent Expense 1400
Office Supplies Expense 300
Fuel Expense 150
Truck Depreciation Expense 100
Insurance Expense 100 Total 30900
Income Summary 11400
Murphy, Capital 11400 Salary Expense
Murphy, Capital 2500 800 1600
Murphy, Withdrawals 2500 800

Total 0

Fuel Expense
150 150

Total 0
 Murphy, Withdrawals Service Revenue Income Summary
2500 2500 15050 2200 3650 15050
3300 11400
7000
1400
700
450

0 0 0

Rent Expense Office Supplies Expense

1400 1400 300 300

0 0

Truck Depreciation Expense Insurance Expense

100 100 100 100

0 0
 Murphy Delivery Service
Post-Closing Trial Balance
12/31/2018
Balance
Account Debit Credit
Cash 21500
Accounts Recievable 1400
Truck 9000
Prepaid Insurance 500
Office Supplies 450
Accrued Service Revenue 450
Accrued Depreciation, Truck 100
Unearned Revenue 1500
Accounts Payable 0
Salaries Payable 800
Murphy, Capital 30900
Total 33300 33300