Professional Documents
Culture Documents
Equipment
Jul-01 ¥ 24,000
Balance ¥ 24,000
Accounts Payable
Jul-14 ¥ 400 Jun-30 ¥ 400
Balance ¥ -
Notes Payable
Jul-01 ¥ 20,000
Balance ¥ 20,000
Green River Computer Consultants
Trial Balance
July, 31 2020
ervice Revenue Account Debit Credit
¥ 1,120 Cash ¥ 50,430
¥ 12,000 Account Receivable ¥ 13,000
¥ 13,120 Supplies ¥ 4,490
¥ 2,000 Prepaid Insurance ¥ 3,600
Prepaid Rent ¥ 8,000
ital - Ordinary Equipment ¥ 24,000
¥ 4,000 Accounts Payable ¥ -
¥ 50,000 Notes Payable ¥ 20,000
¥ 54,000 Unearned Service Revenue ¥ 2,000
Share Capital - Ordinary ¥ 54,000
ed Earnings Retained Earnings ¥ 1,600
¥ 1,600 Service Revenue ¥ 39,120
¥ 1,600 Salaries and Wages Expense ¥ 11,000
Advertising Expense ¥ 2,200
e Revenue
¥ 1,120 ### ###
¥ 28,000
¥ 10,000
¥ 39,120
Wages Expense
ing Expense
Green River Computer Consultants
Adjusting Entries
July, 31 2020
Date Account Ref Debit Credit
Jul-31 Insurance Expense ¥ 300
Prepaid Insurance ¥ 300
Rent Expense
Prepaid Insurance Jul-31 ¥ 4,000
Jul-31 ¥ 3,600 Jul-31 ¥ 300 Balance ¥ 4,000
¥ 3,600 ¥ 300
Balance ¥ 3,300 Supplies Expense
Jul-31 ¥ 1,250
Prepaid Rent Balance ¥ 1,250
Jul-31 ¥ 8,000 Jul-31 ¥ 4,000
¥ 8,000 ¥ 4,000 Depreciation Expense
Balance ¥ 4,000 Jul-31 ¥ 500
Balance ¥ 500
Supplies
Jul-31 ¥ 4,490 Jul-31 ¥ 1,250 Interest Expense
¥ 4,490 ¥ 1,250 Jul-31 ¥ 100
Balance ¥ 3,240 Balance ¥ 100
Account Payable
Jul-31 ¥ 800
Balance ¥ 800
Green River Computer Consultants
Adjusted Trial Balance
July, 31 2020
Account Debit Credit
Cash ¥ 50,430
Account Receivable ¥ 13,000
Supplies ¥ 3,240
Prepaid Insurance ¥ 3,300
Prepaid Rent ¥ 4,000
Equipment ¥ 24,000
Acc. Depr - Equipment ¥ 500
Accounts Payable ¥ 800
Notes Payable ¥ 20,000
Interest Payable ¥ 100
Salaries and Wages Payable ¥ 11,000
Income Tax Payable ¥ 1,200
Unearned Service Revenue ¥ 2,000
Share Capital - Ordinary ¥ 54,000
Retained Earnings ¥ 1,600
Service Revenue ¥ 39,120
Supplies Expense ¥ 1,250
Depreciation Expense ¥ 500
Insurance Expense ¥ 300
Salaries and Wages Expense ¥ 22,000
Advertising Expense ¥ 2,200
Income Tax Expense ¥ 1,200
Interest Expense ¥ 100
Rent Expense ¥ 4,000
Utilities Expense ¥ 800
### ###
Green River Computer Consultants
Income Statement
For the Month Ended July, 2020
Revenues
Service Revenue ¥ 39,120
Expenses
Supplies Expense ¥ 1,250
Depreciation Expense ¥ 500
Insurance Expense ¥ 300
Salaries and Wages Expense ¥ 22,000
Advertising Expense ¥ 2,200
Income Tax Expense ¥ 1,200
Interest Expense ¥ 100
Rent Expense ¥ 4,000
Utilities Expense ¥ 800
Total Expense ¥ 32,350
Net Income ¥ 6,770
Account Receivable
12/1 Bal. 4,600 12/8 2,100
12/18 12,000 12/27 12,000 Sales Discount
12/31 2,500 12/27 360
12/31 Bal 360
Inventory
12/1 Bal. 12,000 12/10 4,100 Cost of Goods sold
12/12 9,000 12/18 8,400 12/10 4,100
12/31 Bal. 8,320 12/23 180 12/18 8,400
12/31 Bal. 8,320 12/31 Bal 12,500
Accounts Payable
12/23 9,000 12/1 Bal. 4,500
12/13 9,000
12/31 Bal. 4,500
Owner Capital
12/1 Bal. 39.300
12/31 Bal. 39,300
Sales Ravenue
12/10 6,600
12/18 12,000
12/31 Bal 18,600
Sales Discount
preciation Expense
Supplies Expense
JURCY
JURCZYK DISTRIBUTING
Adjusting Entries
Desember 2020
1.700
8.320
ble 2.500
13.320 25.840
€ 45.440
l € 40.140
ble € 4.500
ages payable 800 5.300
ang liabilities € 5.300 € 45.440