Acct #

Unadjusted Trial Balance

Dr.
Cr.
Cash
$
32,800
Merchandise Inventory
$
13,500
Store Supplies
$
5,300
Prepaid Insurance
$
2,800
Store Equipment
$
42,500
Accumulated Depreciation - Store Equip
$
19,300
Accounts Payable
$
15,000
Common Stock
$
19,000
Retained Earnings
$
22,000
Dividends
$
2,250
Sales
$ 114,550
Sales Discounts
$
1,800
Sales Returns and Allowances
$
2,100
Cost of Goods Sold
$
38,000
Depreciation Expense - Store Equip
$
Salaries Expense
$
25,000
Insurance Expense
$
Rent Expense
$
14,000
Store Supplies Expense
$
Advertising Expense
$
9,800
Totals
$ 189,850 $ 189,850
Net Income
Totals
Acct Title

Dr.

Adjustments
Cr.
$
$
$

3,300
2,150
1,700

1,625

8,775

$
$

3,300
1,625

1,700

2,150

8,775 $

Adjusted Trial Balance

Dr.
Cr.
$ 32,800
$ 10,200
$ 3,150
$ 1,100
$ 42,500
$ 20,925
$ 15,000
$ 19,000
$ 22,000
$ 2,250
$ 114,550
$ 1,800
$ 2,100
$ 41,300
$ 1,625
$ 25,000
$ 1,700
$ 14,000
$ 2,150
$ 9,800
$ 191,475 $ 191,475

Income Statement
Dr.
Cr.
$
$
$
$
$

Balance Sheet
Dr.
Cr.
32,800
10,200
3,150
1,100
42,500
$ 20,925
$ 15,000
$ 19,000
$ 22,000
2,250

$ 114,550
$
$
$
$
$
$
$
$
$
$
$
$

1,800
2,100
44,600
1,625
25,000
1,700
14,000
2,150
9,800
102,775 $ 114,550 $ 92,000 $ 76,925
11,775
114,550 $ 114,550 $ 92,000 $ 76,925