ZABALA AUTO SUPPLIES

WORKSHEET
January 31, 2021
UNADJUSTED
TRIAL BALANCE ADJUSTMENTS
DEBIT CREDIT DEBIT
Cash 403,000
Furniture and Fixtures 100,000
Office Supplies 3,000
Van 300,000
Accounts Receivable 10,000
Sales Discounts 2,000
Sales 380,000
Purchase Discounts 10,000
Purchases 950,000
Utilities Payable
Accounts Payable
Rent Expense 60,000
Gas and Oil Expense 4,000
Salaries Expense 22,000 2,000
Insurance Expense 12,000
Utilities Expense 4,000
Zabala, Drawings 20,000
Zabala, Capital 1,500,000
Totals 1,890,000 1890000
Office Supplies Expense 2,000
Merchandise Inventory 50,000
Income Inventory
Salaries Payable
Prepaid Insurance 11,000
Prepaid Rent 50,000
Depreciation Expense - Van 4,000
Accumulated Depreciation - Van
Depreciation Expense – Furniture and Fixtures 1,667
Accumulated Depreciation – Furniture and Fixtures
Totals 120,667
 ADJUSTED
ADJUSTMENTS TRIAL BALANCE
CREDIT DEBIT CREDIT
403,000
100,000
2,000 1,000
300,000
10,000
2,000
380,000
10,000
950,000

50,000 10,000
4,000
24,000
11,000 1,000
4,000
20,000
1,500,000

2,000
50,000
50,000 50,000
2,000 2,000
11,000
50,000
4,000
4,000 4,000
1,667
1,667 1,667
120,667 1,947,667 1947667