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CAITLIN_CORP_complited

CAITLIN_CORP_complited - ACCOUNTS BALANCEAT AccountsPayable...

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ACCOUNTS BALANCE AT 11/30/08 Accounts Payable 49,000 Accounts receivable 105,000 Accumulated depreciation-Building 19,600 Accumulated depreciation-Equipment 28,000 Administrative expenses 99,000 Allowance for doubtful accounts 5,000 Bonds payable 100,000 Building 98,000 Cash 205,100 Common stock, $5 par value 300,000 Dividends 45,000 Equipment 140,000 Freight-in 20,000 Gain on sale of land 30,000 Income tax expense 38,500 Land 70,000 Merchandise inventory 89,000 Notes payable 70,000 Notes receivable 110,000 Purchase discounts 10,000 Purchases 610,000 Rent revenue 18,000 Retained earnings 260,000 Salaries payable 18,000 Sales 1,000,000 Sales discounts 14,500 Sales Returns 17,500 Selling expenses 232,000 Supplies  14,000
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CAITLIN WRIGHT CORP TRIAL BALANCE DECEMBER 39,782 TRANS ACCOUNTS DR CR DR CR CASH 205,100 257,500 110,000 Accounts receivable 105,000 200,000 194,000 Allowance for doubtful accounts 5,000 Merchandise inventory 89,000 Notes receivable 110,000 Supplies 14,000 Land 70,000 Equipment 140,000 Accumulated depreciation-Equipment 28,000 Building 98,000 Accumulated depreciation-Building 19,600 Accounts Payable 49,000 83,000 49,000 Notes payable 70,000 Salaries payable 18,000 18,000 Bonds payable 100,000 Common stock 300,000 Retained earnings 260,000 Dividends 45,000 25,000 Sales 1,000,000 250,000 Sales discounts 14,500 1,000 Sales Returns 17,500 Rent revenue 18,000 2,000 Purchases 610,000 49,000 Purchase discounts 10,000 Freight-in 20,000 Administrative expenses 99,000 Selling expenses 232,000 9,000 Gain on sale of land 30,000 Income tax expense 38,500 TOTAL 1,907,600 1,907,600 Unearned revenue 12,500 Dividends payable ________
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