Chapter 7 Mastery - 1 Cash 1 2 Pe±y Cash 2 3 Accounts...

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1 2 3 4 5 2 3 4 5 Account Title Trial Balance Adjustments Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit 1 Cash 1 2 Petty Cash 2 3 Accounts Recievable-G. Mackermann 3 4 Accounts Recievable-R. Whu 4 5 Supplies 5 6 Prepaid Insurance 6 7 Accounts Payable-Belmont Supplies 7 8 Accounts Payable-Lurgert Paints 8 9 Dwight Sundeen, Capital 9 10 Dwight Sundeen, Drawing 10 11 Income Summary 11 12 Sales 12 13 Advertising Expense 13 14 Cash Short and Over 14 15 Insurance Expense 15 16 Miscellaneous Expense 16 17 Supplies Expense 17 18 Utilities Expense 18 19 19 20 Net Income 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37
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Income Statement Eiler Copy Service For Month Ended September 2015 % OF SALES revenue: Sales $ 1,635.00 100.00 Expenses: Advertising Expense $ 225.00 Cash Short and Over $ 1.00 Insurance Expense $ 78.00 Miscellaneous Expense $ 42.00 Supplies Expense $ 700.00 Utilities Expense $ 820.00 Total Expenses $ 1,866.00 Net Loss $ (231.00) -14.00
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1 2 3 4 5 2 3 4 5 Account Title Trial Balance Adjustments Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit
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Unformatted text preview: 1 Cash 1 2 Pe±y Cash 2 3 Accounts Recievable-G. Mackermann 3 4 Accounts Recievable-R. Whu 4 5 Supplies 5 6 Prepaid Insurance 6 7 Accounts Payable-Belmont Supplies 7 8 Accounts Payable-Lurgert Paints 8 9 Dwight Sundeen, Capital 9 10 Dwight Sundeen, Drawing 10 11 Income Summary 11 12 Sales 12 13 Adver²sing Expense 13 14 Cash Short and Over 14 15 Insurance Expense 15 16 Miscellaneous Expense 16 17 Supplies Expense 17 18 U²li²es Expense 18 19 19 20 Net Income 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 Balance Sheet Eiler Copy Service 30-Sep-15 Assets LiabiliTes Cash $ 3,480.00 Acct Pay- Supplies Plus $ 306.00 Pe±y Cash $ 75.00 ²otal LiabiliTes $ 306.00 Acct Rec- S. Romano $ 98.00 Owners Equity Supplies $ 390.00 Cheryl Eiler, Capital $ 4,137.00 Prepaid Insurance $ 400.00 ²otal Assets $ 4,443.00 ²otal LiabiliTes and Owners Equity $ 4,443.00...
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