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Worksheet - 9,500.00 9,500.00 0.00 9,500.00 Supplies...

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Name: Mini-Practice Set 1 Worksheet Wells' Consulting Services Work Sheet For Month Ended January 31, 2011 Trial Balance Adjustments Adj. T/Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash 42,000.00 42,000.00 0.00 42,000.00 Accts receivable 12,000.00 12,000.00 0.00 12,000.00 Supplies 1,500.00 1,500.00 0.00 1,500.00 Prepaid Insurance 1,500.00 1,500.00 0.00 1,500.00 Prepaid Rent 0.00 0.00 0.00 Equipment 125,000.00 125,000.00 0.00 125,000.00 Accum depn - Eqpmt 30,000.00 30,000.00 30,000.00 Accounts Payable 25,000.00 0.00 25,000.00 25,000.00 C. Wells, Capital 17,000.00 0.00 17,000.00 17,000.00 C. Wells, Drawing 18,000.00 18,000.00 0.00 18,000.00 Fees Income 200,000.00 0.00 200,000.00 200,000.00 Salaries Expense 97,000.00 97,000.00 0.00 97,000.00 Utilities Expense
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Unformatted text preview: 9,500.00 9,500.00 0.00 9,500.00 Supplies Expense 0.00 0.00 0.00 Rent Expense 0.00 0.00 0.00 Dep'n Expense - Eqpmt 12,000.00 12,000.00 0.00 12,000.00 Advertising Expense 0.00 0.00 0.00 Maintenance Expense 0.00 0.00 0.00 Telephone Expense 0.00 0.00 0.00 Insurance Expense 0.00 0.00 0.00 318,500.00 272,000.00 46,500.00 0.00 Totals 0.00 0.00 365,000.00 272,000.00 118,500.00 200,000.00 200,000.00 72,000.00 Net Income 81,500.00 0.00 0.00 128,000.00 Final Totals 200,000.00 200,000.00 200,000.00 200,000.00 A B C D E F G H I J K L M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35...
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