IV.

page 222
a. Supplies expense 12,800
Supplies 12,800
b. Depreciatio expense - fur. & fixtur 3,200
Accumulated depreciation 3,200
c. Bad debts expense 5,600
Allowance for bad debts 5,600

Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 287,200 287,200 287,200
Accounts receivable 85,600 85,600 85,600
Supplies 19,200 12,800 6,400 6,400
Furniture and fixtures 31,200 31,200 31,200
Accumulated depreciatio 6,400 3,200 9,600 9,600
Accounts payable 88,800 88,800 88,800
Notes payable 18,800 18,800 18,800
Ooto, capital 364,600 364,600 364,600
Ooto, drawing 58,600 58,600 58,600
Consultancy fee 155,200 155,200 155,200
Insurance expense 78,400 78,400 78,400
salaries expesne 50,400 50,400 50,400
utilities expense 23,200 23,200 23,200
633,800 633,800
Supplies expense 12,800 12,800 12,800
Depreciation expense 3,200 3,200 3,200
bad debts expense 5,600 5,600 5,600
Allowance for bad debts 5,600 5,600 5,600
21,600 21,600 642,600 642,600 173,600 155,200 469,000 487,400
Net Loss 18,400 18,400
173,600 173,600 487,400 487,400

V. page 225
a. Supplies expense 16,000
Supplies 16,000
b. Depreciatio expense - office equip 4,000
Accumulated depreciation 4,000
c. Bad debts expense 7,000
Allowance for bad debts 7,000

Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 359,000 359,000 359,000
Accounts receivable 107,000 107,000 107,000
Supplies 24,000 16,000 8,000 8,000
Office equipment 39,000 39,000 39,000
Accumulated depreciatio 8,000 4,000 12,000 12,000
Accounts payable 111,000 111,000 111,000
Notes payable 235,000 235,000 235,000
D, capital 242,000 242,000 242,000
D, drawing 71,000 71,000 71,000
Delivery income 194,000 194,000 194,000
Rent expense 98,000 98,000 98,000
salaries expense 63,000 63,000 63,000
utilities expense 29,000 29,000 29,000
790,000 790,000
Supplies expense 16,000 16,000 16,000
Depreciation expense 4,000 4,000 4,000
bad debts expense 7,000 7,000 7,000
Allowance for bad debts 7,000 7,000 7,000
27,000 27,000 801,000 801,000 217,000 194,000 584,000 607,000
Net Loss 23,000 23,000
217,000 217,000 607,000 607,000

VII page 231

a. Supplies expense 9,000
Supplies 9,000
b. Insurane expense 14,000
Prepaid insurance 14,000
c. Salaries expense 16,900
 Salaries payable 16,900

Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 248,000 248,000 248,000
Accounts receivable 96,000 96,000 96,000
Supplies 13,000 9,000 4,000 4,000
Prepaid insurance 28,000 14,000 14,000 14,000
Accounts payable 90,000 90,000 90,000
Notes payable 124,000 124,000 124,000
Al, capital 131,000 131,000 131,000
Al, drawing 60,000 60,000 60,000
Delivery income 252,000 252,000 252,000
Rent expense 84,000 84,000 84,000
salaries expense 50,000 16,900 66,900 66,900
utilities expense 18,000 18,000 18,000
597,000 597,000
Supplies expense 9,000 9,000 9,000
Insurance expense 14,000 14,000 14,000
Salaries payable 16,900 16,900 16,900
39,900 39,900 613,900 613,900 191,900 252,000 422,000 361,900
Net income 60,100 60,100
252,000 252,000 422,000 422,000

VIII page 234

a. Supplies expense 2,800
Supplies 2,800
b. Depreciatio expense - office equip 3,000
Accumulated depreciation 3,000
c. Salaries expense 5,000
Salaries payable 5,000
 Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 238,400 238,400 238,400
Accounts receivable 125,600 125,600 125,600
Supplies 23,200 2,800 20,400 20,400
Office equipment 27,200 27,200 27,200
Accumulated depreciatio 103,200 3,000 106,200 106,200
Accounts payable 28,000 28,000 28,000
Notes payable 136,000 136,000 136,000
kah, capital 193,600 193,600 193,600
kah, drawing 32,000 32,000 32,000
consultancy fees 152,000 152,000 152,000
Rent expense 78,400 78,400 78,400
salaries expense 50,400 5,000 55,400 55,400
utilities expense 23,200 23,200 23,200
advertising expense 14,400 14,400 14,400
612,800 612,800
Supplies expense 2,800 2,800 2,800
Depreciation expense 3,000 3,000 3,000
Salaries payable 5,000 5,000 5,000
10,800 10,800 620,800 620,800 177,200 152,000 443,600 468,800
Net Loss 25,200 25,200
177,200 177,200 468,800 468,800

IX page 237
a. Supplies expense 7,200
Supplies 7,200
b. Rent expense 10,400
Prepaid rent 10,400
c. utilities expense 3,120
utilities payable 3,120
 Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 198,400 198,400 198,400
Accounts receivable 76,800 76,800 76,800
Supplies 10,400 7,200 3,200 3,200
Prepaid rent 22,400 10,400 12,000 12,000
Accounts payable 72,000 72,000 72,000
Notes payable 99,200 99,200 99,200
koo, capital 104,800 104,800 104,800
koo, drawing 48,000 48,000 48,000
Cleaning revenue 201,600 201,600 201,600
Insurance expense 67,200 67,200 67,200
salaries expense 40,000 40,000 40,000
utilities expense 14,400 3,120 17,520 17,520
477,600 477,600
Supplies expense 7,200 7,200 7,200
rent expense 10,400 10,400 10,400
utilities payable 3,120 3,120 3,120
20,720 20,720 480,720 480,720 142,320 201,600 338,400 279,120
Net income 59,280 59,280
201,600 201,600 338,400 338,400

XI page 243
a. insurance expense 1,250 expense
prepaid insurance 1,250 asset
b. Office supplies expense 25,000 expense
 Office supplies 25,000 asset
c. Depreciation expense - truck expense
Accu. Depreciation-truck asset
d. unearned rent income 5,000 liability
Rent income 5,000 revenue
e. Interest receivable 500 asset
Interest income 500 revenue
f. salaries expense 2,000 expense
salaries payable 2,000 liability
Account title Trial Balance Adjustments Adjusted trial balance Income statement Balance sheet
Cash 325,000 325,000 325,000
Accounts receivable 105,000 105,000 105,000
Notes receivable 60,000 60,000 60,000
Prepaid insurance 15,000 1,250 13,750 13,750
Office supplies 30,000 25,000 5,000 5,000
Trucks 1,300,000 1,300,000 1,300,000
Accounts payable 50,000 50,000 50,000
Unearned rent 30,000 5,000 25,000 25,000
Dale, Capital 1,600,000 1,600,000 1,600,000
Dale, Drawing 25,000 25,000 25,000
Trucking revenue 375,000 375,000 375,000
Salaries expense 80,000 2,000 82,000 82,000
rent expense 70,000 70,000 70,000
Utilities expense 10,000 10,000 10,000
gas and oil 35,000 35,000 35,000
2,055,000 2,055,000
insurance expense 1,250 1,250 1,250
office supplies expense 25,000 25,000 25,000
Depreciation expense - t
Accumulated depreciatio
Rent income 5,000 5,000 5,000
Interest receivable 500 500 500
Interest income 500 500 500
Salaries payable 2,000 2,000 2,000
33,750 33,750 2,057,500 2,057,500 223,250 380,500 1,834,250 1,677,000
Net income 157,250 157,250
380,500 380,500 1,834,250 1,834,250
 Ooto Ooto Consultancy
Worksheet
For Year Ended December 31, 2015
Account title Trial Balance Adjustments Adjusted trial balance
Cash 287,200 287,200
Accounts receivable 85,600 85,600
Supplies 19,200 12,800 6,400
Furniture and fixtures 31,200 31,200
Accumulated depreciation 6,400 3,200
Accounts payable 88,800
Notes payable 18,800
Ooto, capital 364,600
Ooto, drawing 58,600 58,600
Consultancy fee 155,200
Insurance expense 78,400 78,400
Salaries expesne 50,400 50,400
Utilities expense 23,200 23,200
Total 633,800 633,800
Supplies expense 12,800 12,800
dep.Exp-fur&fixture 3,200 3,200
bad debts expense 5,600 5,600
allo. For bad debts 5,600
21,600 21,600 642,600
net loss
nsultancy
eet
mber 31, 2015
Adjusted trial balance Income statement Balance sheet
287,200
85,600
6,400
31,200
9,600 9,600
88,800 88,800
18,800 18,800
364,600 364,600
58,600
155,200 155,200
78,400
50,400
23,200

12,800
3,200
5,600
5,600 5,600
642,600 173,600 155,200 469,000 487,400
18,400 18,400
173,600 173,600 487,400 487,400
 D' Assisstance Company
Worksheet
For Year Ended December 31, 2015
Account title Trial Balance Adjustments Adjusted trial balance
Cash 359,000
Accounts receivable 107,000
Supplies 24,000
Office equipment 39,000
Accumulated depreciation 8,000
Accounts payable 111,000
Notes payable 235,000
D, capital 242,000
D, drawing 71,000
Delivery income 194,000
Rent expense 98,000
Salaries expense 63,000
Utilities expense 29,000
Total 790,000 790,000

- - -
Company
eet
mber 31, 2015
Adjusted trial balance Income statement Balance sheet

- - - - -

- - - -
 Alabama Company
Worksheet
For Year Ended December 31, 2016
Account title Trial Balance Adjustments Adjusted trial balance
Cash 248,000
Accounts receivable 96,000
Supplies 13,000
Prepaid insurance 28,000
Accounts payable 90,000
Notes payable 124,000
Al, capital 131,000
Al, drawing 60,000
Delivery income 252,000
Rent expense 84,000
salaries expense 50,000
Utilities expense 18,000
Total 597,000 597,000

- - -
mpany
eet
mber 31, 2016
Adjusted trial balance Income statement Balance sheet

- - - - -

- - - -
 Luzon Trucking Services
Worksheet
For Year Ended December 31, 2016
Account title Trial Balance Adjustments Adjusted trial balance
Cash 325,000
Accounts receivable 105,000
Notes receivable 60,000
Prepaid insurance 15,000
Office supplies 30,000
Trucks 1,300,000
Accounts payable 50,000
Unearned rent 30,000
Dale, Capital 1,600,000
Dale, Drawing 25,000
Trucking revenue 375,000
Salaries expense 80,000
rent expense 70,000
Utilities expense 10,000
gas and oil 35,000
Total 2,055,000 2,055,000

- - -
g Services
eet
mber 31, 2016
Adjusted trial balance Income statement Balance sheet

- - - - -

- - - -
 Luzon Trucking Services
Trial Balance
December 31, 2016

Account title Debit Credit

Cash 325,000
Accounts receivable 105,000
Notes receivable 60,000
Prepaid insurance 15,000
Office supplies 30,000
Trucks 1,300,000
Accounts payable 50,000
Unearned rent 30,000
Dale, Capital 1,600,000
Dale, Drawing 25,000
Trucking revenue 375,000
Salaries expense 80,000
Rent expense 70,000
Utilities expense 10,000
Gas and oil 35,000
2,055,000 2,055,000