Copy of Acct Proj Working Papers Ol f20121

SALES JOURNAL Page No. 6

INVOICE POST ACCTS. REC. DR.

DATE NO. ACCOUNT DEBITED REF SALES CR. INVENTORY CR.

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COST OF SALE DR.

CASH RECEIPTS JOURNALPage No. 4

POST OTHER ACCOUNTS COST/SOLD DR. SALES CASH

DATE ACCOUNT CREDITED REF ACCTS - CR. SALES - CR REC. - CR. INVENTORY CR. DISC. - DR. DR.

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PURCHASES JOURNAL Page No. 11

POST OTHER ACCOUNTS STORE MERCH.

DATE ACCOUNT CREDITED REF (SUNDRY) PAYABLE SUPPLIES INVENORY

ACCTS - DR. CR. DR. DR.

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CASH PAYMENTS JOURNAL Page No. 8

CK. POST OTHER ACCOUNTS MERCH.

DATE NO. ACCOUNT DEBITED REF (SUNDRY) PAYABLE INVENTORY CASH

ACCTS - DR. DR. CR. CR.

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JOURNAL Page No. 53

POST

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JOURNAL Page No. 54

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Inventory Control Sheet900 watt microwave:

Purchases Cost of Goods Sold (Sales) INVENTORYDate Units cost per unit Amount Units cost per unit Amount Units cost per unit Amount

11/30/12 4 $79 $316

1000 watt microwave:

Purchases Cost of Goods Sold (Sales) INVENTORYDate Units cost per unit Amount Units cost per unit Amount Units cost per unit Amount

11/30/12 3 $119 $357

1200 watt microwave:

Purchases Cost of Goods Sold (Sales) INVENTORYDate Units cost per unit Amount Units cost per unit Amount Units cost per unit Amount

11/30/12 7 $239 $1,673

Ending Inventory Value:

ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER (CUSTOMERS)

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/20/12 SJ 5 3,388 3,388

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/20/12 SJ 5 598 598

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/15/12 SJ 5 796 796

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/27/12 SJ 5 1,396 1,396

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

Customer Name: Albert Co.

Customer Name: Marie Co.

Customer Name: Cameron Co.

Customer Name: McKenzie Co.

Customer Name: Briana Co.

ACCOUNTS PAYABLE SUBSIDIARY LEDGER (VENDERS)

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/26/12 P 10 398 398

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/16/12 P 10 596 596

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/29/12 P 10 795 795

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

11/28/12 P 10 1,497 1,497

Vendor Name:

POST RUNNINGDATE TRANSACTION REF DEBIT CREDIT BALANCE

Vendor Name: Prince Co.

Vendor Name: Joseph Co.

Vendor Name: Elisha Co.

Vendor Name: Matt Co.

Schedule of Accounts Receivable

Total Accounts Receivable

Schedule of Accounts Payable

Total Accounts Payable

GENERAL LEDGER

Balance Sheet Accounts

Cash ACCOUNT NO. 110

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Accounts Receivable ACCOUNT NO. 112

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Allowance for Doubtful Accounts ACCOUNT NO. 113

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Merchandise Inventory ACCOUNT NO. 115

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

BALANCE

BALANCE

Prepaid Insurance ACCOUNT NO. 116

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Store Supplies ACCOUNT NO. 117

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Store Equipment ACCOUNT NO. 123

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Accumulated Depreciation-Store Equipment ACCOUNT NO. 124

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Accounts Payable ACCOUNT NO. 210

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

BALANCE

BALANCE

BALANCE

Salaries Payable ACCOUNT NO. 211

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Interest Payable ACCOUNT NO. 218

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Note Payable ACCOUNT NO. 220

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Randiddle, Capital ACCOUNT NO. 310

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Randiddle, Withdrawals ACCOUNT NO. 311

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Income Summary ACCOUNT NO. 312

POST

BALANCE

BALANCE

BALANCE

BALANCE

BALANCE

BALANCE

DATE ITEM REF DEBIT CREDIT DEBIT CREDIT

GENERAL LEDGER

Income Statement Accounts

Sales ACCOUNT NO. 410

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Sales Returns and Allowances ACCOUNT NO. 411

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Sales Discounts ACCOUNT NO. 412

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Cost of Goods Sold ACCOUNT NO. 510

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

BALANCE

BALANCE

Sales Salaries Expense ACCOUNT NO. 520

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Advertising Expense ACCOUNT NO. 521

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Depreciation Expense ACCOUNT NO. 522

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Store Supplies Expense ACCOUNT NO. 523

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Miscellaneous Selling Expense ACCOUNT NO. 529

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

BALANCE

BALANCE

BALANCE

Office Salaries Expense ACCOUNT NO. 530

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Rent Expense ACCOUNT NO. 531

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Insurance Expense ACCOUNT NO. 532

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Bad Debt Expense ACCOUNT NO. 533

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

BALANCE

BALANCE

Miscellaneous Administrative Expense ACCOUNT NO. 539

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

Interest Expense ACCOUNT NO. 550

POSTDATE ITEM REF DEBIT CREDIT DEBIT CREDIT

BALANCE

BALANCE

Worksheet

Unadjusted Adjusted Income Equity Statement

Account Title Trial Balance Adjustments Trial Balance Statement and Balance Sheet

Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.

1 Cash 1

2 Accounts Receivable 2

3 Allow for Doubtful Accts 3

4 Merchandise Inventory 4

5 Prepaid Insurance 5

6 Store Supplies 6

7 Store Equipment 7

8 Accm. Deprec-Store Eq. 8

9 Accounts Payable 9

10 Salaries Payable 10

11 Interest Payable 11

12 Note Payable (Due 2017) 12

13 Randiddle, Capital 13

14 Randiddle, Withdrawals 14

15 Sales 15

16 Sales Returns & Allow. 16

17 Sales Discounts 17

18 Cost of Goods Sold 18

19 Sales Salaries Exp. 19

20 Advertising Exp. 20

21 Depreciation Exp. 21

22 Store Supplies Exp. 22

23 Misc. Selling Exp. 23

24 Office Salaries Exp. 24

25 Rent Exp. 25

27 Insurance Exp. 27

26 Bad Debt Exp. 26

28 Misc. Administrative Exp. 28

29 Interest Expense 29

30 30

27 27

28 28

29 29

Income Statement

Statement of Owner's Equity

Balance Sheet

Post-Closing Trial Balance

ACCOUNT TITLE DEBIT CREDIT