2011_Trial_Balances

2011_Trial_Balances - Apollo Shoes, Inc Preclosing Trial...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Apollo Shoes, Inc Preclosing Trial Balance (Audited) 31-Dec-10 Account ID Account Description Debit Credit 10100 Cash on Hand $1,987.28 10200 Regular Checking Account $198,116.52 10300 Payroll Checking Account $0.00 10400 Savings Account $3,044,958.13 11000 Accounts Receivable $16,410,902.71 11500 Allowance for Doubtful Accounts $1,262,819.88 12000 Inventory - Spotlight $18,825,205.24 12300 Reserve for Inventory Obsolescence $3,012,000.00 14100 Prepaid Insurance $743,314.38 14200 Prepaid Rent $200,000.00 14300 Office Supplies $7,406.82 14400 Notes Receivable-Current 14700 Other Current Assets 15000 Land $117,000.00 15100 Buildings and Land Improvements $623,905.92 15200 Machinery, Equipment, Office Furniture $433,217.10 17000 Accum. Depreciation $164,000.00 19000 Investments $612,691.08 19900 Other Noncurrent Assets $13,840.59 20000 Accounts Payable $4,633,118.09 23100 Sales Tax Payable $0.00 23200 Wages Payable $29,470.32 23300 FICA Employee Withholding $1,318.69 23350 Medicare Withholding $583.99 23400 Federal Payroll Taxes Payable $6,033.01 23500 FUTA Tax Payable 23600 State Payroll Taxes Payable $2,815.47 23700 SUTA Tax Payable 23800 FICA Employer Withholding $1,318.69 23900 Medicare Employer Withholding $583.99 24100 Line of Credit $10,000,000.00 24200 Current Portion Long-Term Debt 24700 Other Current Liabilities 27000 Notes Payable-Noncurrent 39003 Common Stock $8,105,000.00 39004 Paid-in Capital $7,743,000.00 39005 Retained Earnings $1,899,120.65 40000 Sales $246,172,918.44 41000 Sales Returns $4,497,583.20
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
42000 Warranty Expense $1,100,281.48 45000 Income from Investments $0.00 46000 Interest Income $204,302.81 50010 Cost of Goods Sold $141,569,221.61 57500 Freight $4,302,951.46 60000 Advertising Expense $897,140.01 61000 Auto Expenses $208,974.39 62000 Research and Development $31,212,334.17 64000 Depreciation Expense $133,000.00 64500 Warehouse Salaries $4,633,383.82 65000 Property Tax Expense $80,495.32 66000 Legal and Professional Expense $3,605,133.96 67000 Bad Debt Expense $1,622,425.99 68000 Insurance Expense $853,942.65 70000 Maintenance Expense $61,136.04 70100 Utilities $135,642.99 70110 Phone $76,373.78 70120 Postal $128,033.21 71000 Miscellaneous Office Expense $17,023.27
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/01/2011 for the course ACCT 413 taught by Professor Kickham during the Spring '11 term at Saginaw Valley.

Page1 / 9

2011_Trial_Balances - Apollo Shoes, Inc Preclosing Trial...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online