Ch06P14A - 3,185 Sales discounts 5,190 Purchases 331,315...

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Problem 6-14A Eastman Store Work Sheet For Year Ended December 31, 2005 Account Adjustments Income Statement 2. General Journal 3. Merchand Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Date Accounts and explanation PR Debit Credit Date Explanation PR Cash 7,305 Dec. 31 Dec. 31 Balance Merchandise inventory 47,000 Store supplies 1,715 Office supplies 645 Prepaid insurance 3,840 Store equipment 57,735 Accumulated amortization, store 9,575 Office equipment 14,130 Accumulated amortization, office 3,670 Accounts payable 4,000 Bob Eastman, capital 93,585 Bob Eastman, withdrawals 31,500 Rental revenues 680 Sales 478,850 Sales returns and allowances
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Unformatted text preview: 3,185 Sales discounts 5,190 Purchases 331,315 Purchases returns and allowances 1,845 Purchase discounts 4,725 Transportation-in 2,810 Sales salaries expense 34,710 Rent expense, selling space 24,000 Advertising expense 1,220 Store supplies expense- Amortization expense, store- Office supplies expense 27,630 Rent expense, office space 3,000 Insurance expense- Amortization expense, store- Totals 596,930 596,930 Unadjusted Trial Balance Adjusted Trial Balance Balance Sheet & Statement of Owner's Equity dise Inventory Debit Credit Balance 47,000...
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This note was uploaded on 08/22/2009 for the course ACCT 1101 taught by Professor Davescott during the Fall '05 term at Niagara College.

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Ch06P14A - 3,185 Sales discounts 5,190 Purchases 331,315...

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