Unit N° 8

Technical worksheets
Technical worksheets. This material demonstrates how to complete a worksheets including the adjusting entries, income statement and balance sheet columns. For example:
PREPARATORY SHEET OF FINANCIAL STATEMENTS
Done on December 31, 20...
(Expresed in bolivians)
TRIAL BALANCE ADJUSTEMENTS ADJUSTED BALANCES INCOME STATEMENT BALANCE SHETT
N° ACCOUNTS
DR CR DR CR DR CR DR CR DR CR
1 Cash 127600,00
2 Inventories 110000,00
3 Accounts receivable 24000,00
4 Forniture 84000,00
5 Land 120000,00
6 Buildings 90000,00
7 Loans payable 54000,00
8 Accounts payable 35000,00
9 Capital 374000,00
10 Revenues 330000,00
11 Cost of goods sold 180000,00
12 Operating expenses 60400,00
13 Other incomes 15000,00
14 Other expenses 12000,00
808000,00 808000,00
15 Accumulated depreciation 106000,00
16 Depreciation 10600,00
17 Wages and salaries 25000,00
18 Wages and salaries payable 25000,00
19 Adjustment for inflation and possession of goods 4000,00
20 Capital adjustment 4,000
39600,00 39600,00
NET EARNINGS BEFORE TAXES