Account Trail Balance Adjustments Adjusted Trail Balance Income Statement Balance Sheet

No. Account name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit

101 Cash 18,750

114 Merchandise Inventory 20,000

115 Supplies 350

116 Prepaid Insurance 1,020

124 Delivery Equipment 18,500

125 Accumulated Depreciation-Deliv

202 Account Payable 2,700

301 Maria Ramos, Capital 47,620

302 Maria Ramos, Withdrawals 1,000

399 Income Summary

401 Sales 28,600

501 Merchandise Purchases 15,000

511 Depreciation Expense-Deliv.Eq

513 Rent Expense 800

514 Supplies Expense

515 Wages Expense 3,500

516 Insurance Expense

Toals 78,920 78,920

Operating Revenue

Cost of goods sold

Gross profit on sales

Operating Expense

Net Income from Operation

____________,Capital, August 1,2022

Net Income/ Net Loss

_____Withdrawals

________________,Capital, August 31,2022

 ____________,Capital, August 1,2022

Net Income/ Net Loss

_____Withdrawals

________________,Capital, August 31,2022

 Assets
Current Assets

Plant and Equipment

Totals Assets

Liabilities and owner's equity

Current Liabilities

Owner's Equity

Total Liabilities and Owner's Equity

DATE DESCRIPTION POST REF DEBIT CREDIT
20 22

DATE DESCRIPTION POST REF DEBIT CREDIT

20 22