ACCT. NO.

ADVENTURE TRAVELS
WORKSHEET
Fiscal Period
TRIAL BALANCE
Debit
Credit

ACCT. NAME

Cash in Bank
A/R- Gordan's Great Discoveries
A/R- Outdoor Excursions
A/R- Travel by Maria
Office Supplies
Tour & Guide Supplies
Office Equipment
Tour & Guide Equipment
Van
A/P- ABC Printing Company
A/P- Bob and Ray's Office Equipment
A/P- Seattle Sports & Gear
Tim Edwards, Capital
Tim Edwards, Withdrawals
Income Statement
Guide Fees
Consultation Fees
Advertising Expense
Boat Rental Expense
Misc. Expense
Rent Expense
Utilities Expense
Van Expense

$
$
$
$
$
$
$
$
$

INCOME STATEMENT
Debit
Credit

8,657.46
300.00
225.00
225.00
161.88
2,049.00
1,749.96
753.85
9,500.00
$ 600.00
$
$ 702.85
$20,500.00

$ 1,350.00
$
-

$ 531.00
$
80.00
$
15.00
$ 700.00
$ 161.72
$ 232.98
$26,692.85

$
$ 3,915.00
$ 975.00

$26,692.85

$ 3,915.00
$
975.00
$
531.00
$
80.00
$
15.00
$
700.00
$
161.72
$
232.98
$ 1,720.70
$ 3,169.30
$ 4,890.00

$ 4,890.00
$ 4,890.00

BALANCE SHEET
Debit
Credit

$
$
$
$
$
$
$
$
$

8,657.46
300.00
225.00
225.00
161.88
2,049.00
1,749.96
753.85
9,500.00
$ 600.00
$
$ 702.85
$20,500.00

$ 1,350.00
$
-

$24,972.15
$24,972.15

$21,802.85
$ 3,169.30
$24,972.15

Adventure Travels
INCOME STATEMENT
fiscal period
REVENUE:

Guide Fees
Consultation Fees
Total Revenue

3,915.00

975.00
$

4,890.00

$
$

1,720.70
3,169.30

EXPENSES:

Advertising Expense
Boat Rental Expense
Misc. Expense
Rent Expense
Utilities Expense
Van Expense
Total Expense
Net Income

$
$
$
$
$

531.00
80.00
15.00
700.00
161.72

232.98

$3,169.30
$3,169.30

Adventure Travels
STATEMENT OF CHANGES IN OWNER'S EQUITY
fiscal period
Beginning Capital
$
Add: Investment
$ 20,500.00
Net Income
$
3,169.30
Total increases in Capital
$ 23,669.30
Subtotal
$ 23,669.30
Less: Withdrawals
$
1,350.00
Ending Capital, June 30th, 2014
$ 22,319.30

Adventure Travels
BALANCE SHEET
fiscal period
ASSETS

Cash in Bank
A/R- Gordan's Great Discoveries
A/R- Outdoor Excursions
A/R- Travel by Maria
Office Supplies
Tour & Guide Supplies
Office Equipment
Tour & Guide Equipment
Van

$
$
$
$
$
$
$
$
$

8,657.46
300.00
225.00
225.00
161.88
2,049.00
1,749.96
753.85
9,500.00
$

23,622.15

1,302.85

$
$

22,319.30
23,622.15

LIABILITIES

A/P- ABC Printing Company

A/P- Bob and Ray's Office Equipment
A/P- Seattle Sports & Gear

$
$
$

600.00
702.85

OWNER'S EQUITY

Tim Edwards, Capital

22,319.30