This shape represents a table slicer. Table slicers are not supported in this version of Excel.

If the shape was modified in an earlier version of Excel, or if the workbook was saved in Excel 2007 or earlier, the slicer can'

Account ID Account Name Account Type Statement type Trial Balance

1000 Cash on Hand Bank Balancesheet 45
1100 Bank Accounts Bank Balancesheet 2690
1200 Accounts Receivable Accounts Receivable (A/R) Balancesheet 10
1300 Employee Advance Other Current Assets Balancesheet 0
1400 Prepaid Assets Other Current Assets Balancesheet 0
1500 Inventory Other Current Assets Balancesheet 270
1501 Current Asset Current Asset Balancesheet -10

1600 Furniture & Equipment Fixed Assets Balancesheet 0

Accumulated
1700 Depreciation Fixed Assets Balancesheet 0
2000 Accounts Payable Accounts Payable (A/P) Balancesheet -50
2100 Credit Card Liability Credit Card Balancesheet 0
2200 Payroll Liabilities Other current liabilities Balancesheet 0

2300 Payroll Taxes Payable Other current liabilities Balancesheet 0

2400 Bonus Liability Other current liabilities Balancesheet 0
2500 Sales Tax Payable Other current liabilities Balancesheet 0
2600 Line of Credit/Loan Long Term Liabilities Balancesheet 0

3000 Opening Balance Equity Equity Balancesheet -3000

Shareholder's
3100 Distribution Equity Balancesheet 0
3200 Common Stock Equity Balancesheet 0
Additional Paid in
3300 Capital Equity Balancesheet 0
3400 Retained Earnings Equity Balancesheet 0
3500 Drawings Equity Balancesheet 25
4000 Sales Income Income Statement -50
4100 Interest Income Income Income Statement 0
5000 Cost of Goods Sold Cost of Goods Sold Income Statement 30
5100 Sales Discounts Income Income Statement 0
6000 Payroll Expenses Expenses Income Statement 0
6100 Salaries Expenses Income Statement 30
6200 Payroll Taxes Expenses Income Statement 0
6300 Worker's Comp Expenses Income Statement 0
6400 Employee Benefits Expenses Income Statement 0
 Banking and Interest
7000 Expenses Expenses Income Statement 0
7001 Wire Transfer Fees Expenses Income Statement 0

7002 Bank Services Charges Expenses Income Statement 0

7003 Credit Card Fees Expenses Income Statement 0
7004 Interest Expense Expenses Income Statement 0
7005 Finance Charge Expenses Income Statement 0

7006 Merchant Services Fees Expenses Income Statement 0

7007 Sales And Marketing Expenses Income Statement 0
7008 Website Expenses Income Statement 0
7009 Insurance Expenses Income Statement 0
7010 Property Insurance Expenses Income Statement 0
7011 Liability insurance Expenses Income Statement 0
7012 Auto Insurance Expenses Income Statement 0
7013 Professional services Expenses Income Statement 0
7014 Legal Expenses Income Statement 0
7015 Office Expenses Expenses Income Statement 0
7016 Rent Expenses Income Statement 0
7017 Repairs Expenses Income Statement 0
7018 Cleaning Expenses Income Statement 0
7019 Office Phone Expenses Income Statement 0
7020 Cell Phone Expenses Income Statement 0
7021 Internet Expenses Income Statement 0
7022 Office Kitchen Expenses Income Statement 0

7023 Dues and Subscriptions Expenses Income Statement 0

Office Supplies and
7024 Materials Expenses Income Statement 0
7025 Postage and Delivery Expenses Income Statement 0
Printing and
7026 reproduction Expenses Income Statement 0
7027 Office Supplies Expenses Income Statement 0
7028 Shipping supplies Expenses Income Statement 0
7029 Utility Bills Expenses Income Statement 10
Travel and
8000 Entertainment Expenses Income Statement 0
8001 Meals Expenses Income Statement 0
8002 Other transportation Expenses Income Statement 0

8003 Other travel expenses Expenses Income Statement 0

8004 Taxes Expenses Income Statement 0
8005 Depreciation Expense Other Expenses Income Statement 0
 This shape represents a table
2007 or earlier, the slicer can't be used. slicer. Table slicers are not
supported in this version of
Excel.

If the shape was modified in

an earlier version of Excel,
or if the workbook was saved
in Excel 2007 or earlier, the
slicer can't be used.
 This shape represents a table slicer. Table slicers are not supported in this version of Excel.

If the shape was modified in an earlier version of Excel, or if the workbook was saved in Excel 2007 or earlier, the slicer can't

Date Description Account Name Account Type

1/5/2023 Owners Capital Bank Accounts Bank
1/5/2023 Owners Capital Opening Balance EqEquity
3/5/2023 Purchase of perfume Inventory Other Current Assets
3/5/2023 Purchase of perfume Accounts Payable Accounts Payable (A/P)
4/5/2023 Withdraw cash from bank Cash on Hand Bank
4/5/2023 Withdraw cash from bank Bank Accounts Bank
10/5/2023 Sold 5 units of perfume to Pinky fashion Accounts ReceivablAccounts Receivable (A/R)
10/5/2023 Sold 5 units of perfume to Pinky fashion Sales Income
10/5/2023 Cost of 5 units of goods sold Cost of Goods Sold Cost of Goods Sold
10/5/2023 Cost of 5 units of goods sold Inventory Other Current Assets
18/5/2023 Made part payment to ABC LTD Accounts Payable Accounts Payable (A/P)
18/5/2023 Made part payment to ABC LTD Bank Accounts Bank
20/5/2023 Electricity bill Utility Bills Expenses
20/5/2023 Electricity bill Current Asset Current Asset
27/5/2023 Receipt from Pinky fashion Bank Accounts Bank
27/5/2023 Receipt from Pinky fashion Accounts ReceivablAccounts Receivable (A/R)
30/5/2023 Sales rep salary Salaries Expenses
30/5/2023 Sales rep salary Cash on Hand Bank
31/5/2023 Personal cash withdrawal Drawings Equity
31/5/2023 Personal cash withdrawal Cash on Hand Bank
Total
 This shape represents a table
slicer. Table slicers are not
07 or earlier, the slicer can't be used. supported in this version of
Excel.

If the shape was modified in

an earlier version of Excel, or
if the workbook was saved in
Excel 2007 or earlier, the
slicer can't be used.
Statement Type Debit Credit Balance
Balancesheet 3000 3000
Balancesheet 3000 -3000
Balancesheet 300 300
Balancesheet 300 -300
Balancesheet 100 100
Balancesheet 100 -100
Balancesheet 50 50
Income Statement 50 -50
Income Statement 30 30
Balancesheet 30 -30
Balancesheet 250 250
Balancesheet 250 -250
Income Statement 10 10
Balancesheet 10 -10
Balancesheet 40 40
Balancesheet 40 -40
Income Statement 30 30
Balancesheet 30 -30
Balancesheet 25 25
Balancesheet 25 -25
0
 INCOME STATEMENT FOR THE YEAR 2023
GHS GHS
Sales 50

Cost of sales 0
Gross profit 50
Expenses
Utility Bill 0
Salaries 30
Total Expenses 30
Net profit 20
 BALANCESHEET AS AT 2023
GHS GHS
Current Assets
Inventory 0
Account receivables 0
Bank 0
Cash on hand 45
Total Assets 45

Equity & Liabilities

Owners Capital 0
Net profit 20
Drawings 25
Total equity 45

Liability
Account payables 0
Total equity & Liabilities 45