Product Information Sheet

Product Quantity Selling Price Product Cost Total Sales

Name
Product A 20 260 160 5200
Product B 30 400 200 12000
Product C 25 380 280 9500
Product D 40 350 160 14000
Product E 35 550 375 19250
 Total Cost Gross Profit

3200 2000
6000 6000
7000 2500
6400 7600
13125 6125
 Monkey Business Corporation
Trial Balance
For The Month Ended August 31, 20xx
Dr. Cr.
Cash 39,900.00
Accounts Receivable 28,200.00
Office Supplies 2,680.00
Prepaid Insurance 3,800.00
Furniture and Fixtures -
Equipment 33,400.00
Leasehold Equipment -
Accounts Payable 16,900.00
Capital - SCS 75,480.00
Drawings - SCS 6,000.00
Carpentry Service Revenue 106,500.00
Salaries and Wages 68,000.00
Rent Expense 9,600.00
Advertising Expense -
Utilities Expense 4,800.00
Misc. Expenses 2,500.00

198,880.00 198,880.00
 Monkey Business Corporation
Statement of Comprehensive Income
For The Month Ended August 31, 20xx

Revenue from Services

Carpentry Services 106,500.00

Less: Operating Expenses

Salaries and Wages 68,000.00
Rent Expense 9,600.00
Utilities Expense 4,800.00
Misc. Expenses 2,500.00 84,900.00

Net Income 21,600.00

 Monkey Business Corporation
Statement of Changes in Equity
For The Month Ended August 31, 20xx

Capital - SCS, Aug 1, 20xx 75,480.00

Add: Net Income 21,600.00

Total 97,080.00
Less: Drawing - SCS 6,000.00

Capital - SCS, Aug 31, 20xx 91,080.00

 Monkey Business Corporation
Statement of Financial Position
August 31, 20xx

ASSETS
Current Assets
Cash 39,900.00
Accounts Receivable 28,200.00
Office Supplies 2,680.00
Prepaid Insurance 3,800.00 74,580.00

Property, Plant, and Equipment

Equipment 33,400.00 33,400.00

Total Assets 107,980.00

LIABILITIES AND CAPITAL

Current Liabilities
Accounts Payable 16,900.00

Capital
Capital - SCS, August 31, 20xx 91,080.00

Total Liabilities and Capital 107,980.00