Cycle Project 1

7/24/2019 Cycle Project 1

1/18

Beg. Trial Balance

AcctNo Name Debit Credit

110 Cash $2,500.00 $0.00

120 Accounts Receiable $2,500.00 $0.00

1!0 "nentor# $!,200.00 $0.00

151 re%aid "nsurance $200.00 $0.00

1&1 'and $20,000.00 $0.001&2 Building $50,000.00 $0.00

1&5 ()ui%ment $*,500.00 $0.00

1&& +ehicles $,000.00 $0.00

12 Acc. De%. Building $0.00 $1-,500.00

15 Acc. De%. ()ui%ment $0.00 $5,250.00

1& Acc. De%. +ehicles $0.00 $2,000.00

200 'ine o Credit $0.00 $25,000.00

210 Accounts a#able $0.00 $1,500.00

22! /ales Ta a#able $0.00 $1,100.00

2-0 Boo De%osits $0.00 $0.002!1 Notes a#able $0.00 $0.00

-10 Ca%ital $0.00 $-*,000.00

-11 Draing $5,00.00 $0.00

!01 Boo /ales $0.00 $10,500.00

!05 /ales Discounts $2,500.00 $0.00

!10 /ales Returns $2,000.00 $0.00

501 Boo urchases $110,300.00 $0.00

505 4reight "n $2,000.00 $0.00

510 urchase Discounts $0.00 $2,000.00

515 urchase Returns $2,000.00 $0.00

&01 ages $20,000.00 $0.00

&11 6tilities $10,000.00 $0.00

&21 Adertising $10,000.00 $0.00

&!0 roessional 4ees $1,500.00 $0.00

&*2 De%reciation 7 Building $0.00 $0.00

&*5 De%reciation 7 ()ui%ment $0.00 $0.00

&*& De%reciation 7 +ehicles $0.00 $0.00

&30 "nsurance $1,000.00 $0.00

*&0 ()ui%ment Rent $1,000.00 $0.00

**0 Re%airs and 8aintenance $1,000.00 $0.00

10 "nterest "ncome $0.00 $250.00

20 "nterest (%ense $2,500.00 $0.00

300 ersonal ro%ert# Taes $1,000.00 $0.00

Totals $2&,100.00 $2&,100.00


2/18


3/18

Transactions 6nad9usted Trial Balance Ad9ustments

Debit Credit Debit Credit Debit Credit

$2,500.00 $0.00

$2,500.00 $0.00

$!,200.00 $0.00

$200.00 $0.00

$20,000.00 $0.00$50,000.00 $0.00

$*,500.00 $0.00

$,000.00 $0.00

$0.00 $1-,500.00

$0.00 $5,250.00

$0.00 $2,000.00

$0.00 $25,000.00

$0.00 $1,500.00

$0.00 $1,100.00

$0.00 $0.00$0.00 $0.00

$0.00 $-*,000.00

$5,00.00 $0.00

$0.00 $10,500.00

$2,500.00 $0.00

$2,000.00 $0.00

$110,300.00 $0.00

$2,000.00 $0.00

$0.00 $2,000.00

$2,000.00 $0.00

$20,000.00 $0.00

$10,000.00 $0.00

$10,000.00 $0.00

$1,500.00 $0.00

$0.00 $0.00

$0.00 $0.00

$0.00 $0.00

$1,000.00 $0.00

$1,000.00 $0.00

$1,000.00 $0.00

$0.00 $250.00

$2,500.00 $0.00

$1,000.00 $0.00

7 7 $2&,100.00 $2&,100.00 $0.00 $0.00


4/18


5/18

Ad9usted Trial Balance Closing (ntries ost Closing Trial Balance

Debit Credit Debit Credit Debit Credit

$2,500.00 $0.00 $2,500.00 $0.00

$2,500.00 $0.00 $2,500.00 $0.00

$!,200.00 $0.00 $!,200.00 $0.00

$200.00 $0.00 $200.00 $0.00

$20,000.00 $0.00 $20,000.00 $0.00$50,000.00 $0.00 $50,000.00 $0.00

$*,500.00 $0.00 $*,500.00 $0.00

$,000.00 $0.00 $,000.00 $0.00

$0.00 $1-,500.00 $0.00 $1-,500.00

$0.00 $5,250.00 $0.00 $5,250.00

$0.00 $2,000.00 $0.00 $2,000.00

$0.00 $25,000.00 $0.00 $25,000.00

$0.00 $1,500.00 $0.00 $1,500.00

$0.00 $1,100.00 $0.00 $1,100.00

$0.00 $0.00 $0.00 $0.00$0.00 $0.00 $0.00 $0.00

$0.00 $-*,000.00 $0.00 $-*,000.00

$5,00.00 $0.00 $5,00.00 $0.00

$0.00 $10,500.00 $0.00 $10,500.00

$2,500.00 $0.00 $2,500.00 $0.00

$2,000.00 $0.00 $2,000.00 $0.00

$110,300.00 $0.00 $110,300.00 $0.00

$2,000.00 $0.00 $2,000.00 $0.00

$0.00 $2,000.00 $0.00 $2,000.00

$2,000.00 $0.00 $2,000.00 $0.00

$20,000.00 $0.00 $20,000.00 $0.00

$10,000.00 $0.00 $10,000.00 $0.00

$10,000.00 $0.00 $10,000.00 $0.00

$1,500.00 $0.00 $1,500.00 $0.00

$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00

$1,000.00 $0.00 $1,000.00 $0.00

$1,000.00 $0.00 $1,000.00 $0.00

$1,000.00 $0.00 $1,000.00 $0.00

$0.00 $250.00 $0.00 $250.00

$2,500.00 $0.00 $2,500.00 $0.00

$1,000.00 $0.00 $1,000.00 $0.00

$2&,100.00 $2&,100.00 $0.00 $0.00 $2&,100.00 $2&,100.00


6/18


7/18

AcctNo Name Debit


8/18

$0.00


9/18

Credit


10/18

$0.00


11/18

AcctNo Name Debit


12/18

$0.00


13/18

Credit


14/18

$0.00


15/18

AcctNo Name Debit


16/18

$0.00


17/18

Credit


18/18

$0.00

Documents

Cycle Project 1