Scribd Logo
Upload

Welcome to Scribd!

  • WORKS

    Uploaded by

    Luffy Monkey (BarbieChua)
    3 views1 page
    This document is a trial balance, income statement, and balance sheet for Natural Beauty for the month ended June 30, 1981. It shows cash of $2,050, prepaid supplies of $200, equipment of $500, accounts payable of $500, owner's capital of $2,000, and owner's drawings of $200. It also shows shop income of $1,200, expenses of $905, and a net profit of $295.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document is a trial balance, income statement, and balance sheet for Natural Beauty for the month ended June 30, 1981. It shows cash of $2,050, prepaid supplies of $200, equipment of $500, accounts payable of $500, owner's capital of $2,000, and owner's drawings of $200. It also shows shop income of $1,200, expenses of $905, and a net profit of $295.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    WORKS

    Uploaded by

    Luffy Monkey (BarbieChua)
    This document is a trial balance, income statement, and balance sheet for Natural Beauty for the month ended June 30, 1981. It shows cash of $2,050, prepaid supplies of $200, equipment of $500, accounts payable of $500, owner's capital of $2,000, and owner's drawings of $200. It also shows shop income of $1,200, expenses of $905, and a net profit of $295.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Natural Beauty

    Work Sheet
    For the Month Ended, June 30, 1981
    Trial Balance Adjustments Adjusted Trial Balance Icome Statement Balance Sheet
    Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
    Cash 2,050.00 2,050.00 2,050.00
    Prepaid Shop supplies 300.00 100.00 200.00 200.00
    Shop equipment 500.00 500 500
    Accounts payable 500.00 500.00 500.00
    Ly, Capital 2,000.00 2,000.00 2,000.00
    Lyn, Drawing 200.00 200.00 200.00
    Shop income 1,200.00 1,200.00 1,200.00
    Rent Expense 200.00 200.00 200.00
    Salaries and Wages Expense 300.00 150.00 450.00 450.00
    Taxes and License Expense 150.00 150.00 150.00
    Total 3,700.00 3,700.00
    Shop supplies expense 100.00 100.00 100.00
    Salaries and wages payable 150.00 150.00 150.00
    Depreciation expense 5.00 5.00 5.00
    Accumulated Depreciation 5.00 5.00 5.00
    Total 255.00 255.00 3,855.00 3,855.00 905.00 1,200.00 2,950.00 2,655.00
    Profit/(Loss) 295.00 295.00
    Total 1,200.00 1,200.00 2,950.00 2,950.00

    You might also like