FIRDAUS COMPANY

Worksheet
For the Ended Period August 31, 201

Trial Balance Adjustments

Account Titles
Dr Kr Dr Kr
Cash 7,500,000
Accounts Receivable 38,400,000 11,330,000
Prepaid Insurance 7,200,000 1,200,000
Supplies 1,980,000 1,500,000
Land 112,500,000
Building 150,250,000
Accum. Depr.- Building 87,550,000 7,500,000
Equipment 135,300,000
Accum. Depr.- Equipment 97,950,000 4,150,000
Accounts Payable 12,150,000
Salaries and Wages Payable 3,200,000
Unearned Rent 6,750,000 5,200,000
Feri Firdaus, Capital 221,000,000
Feri Firdaus, Drawing 15,000,000
Fees Earned 324,600,000 11,330,000
Rent Revenue 5,200,000
Salaries and Wages Expense 193,370,000 3,200,000
Utilities Expense 42,375,000
Advertising Expense 22,800,000
Repairs Expense 17,250,000
Miscelleneous Expense 6,075,000
Insurance Expense - 1,200,000
Supplies Expense - 1,500,000
Depreciation Expense - Building 7,500,000
Depreciation Expense - Equipment 4,150,000
 Totals 750,000,000 750,000,000 34,080,000 34,080,000
Net Incomes
Totals
DAUS COMPANY
Worksheet
d Period August 31, 2016

Adjusted Trial Balance Income Statement Statement of

Financial Position
Dr Kr Dr Kr Dr Kr
7,500,000 7,500,000
49,730,000 49,730,000
6,000,000 - 6,000,000
480,000 480,000
112,500,000 112,500,000
150,250,000 150,250,000
95,050,000 95,050,000
135,300,000 135,300,000
102,100,000 102,100,000
12,150,000 12,150,000
3,200,000 3,200,000
1,550,000 1,550,000
221,000,000 221,000,000
15,000,000 15,000,000
335,930,000 335,930,000
5,200,000 5,200,000
196,570,000 196,570,000
42,375,000 42,375,000
22,800,000 22,800,000
17,250,000 17,250,000
6,075,000 6,075,000
1,200,000 1,200,000
1,500,000 1,500,000
7,500,000 7,500,000
4,150,000 4,150,000
776,180,000 776,180,000 299,420,000 341,130,000 476,760,000 435,050,000
- 41,710,000 41,710,000
341,130,000 341,130,000 476,760,000 476,760,000
 FIRDAUS COMPANY
Income Statement Statem
For the Ended Period July 31, 2016 For th

Revenue : Feri Firdaus Capital Augus

Fees Earned 335,930,000 Add : Net Income
Rent Revenue 5,200,000

Gross Profit 341,130,000

Less : Feri Firdaus Drawing
Operating Expenses :
Salaries and Wages Expense 196,570,000 Feri Firdaus Capital Augu
Utilities Expense 42,375,000
Advertising Expense 22,800,000
Repairs Expense 17,250,000
Miscelleneous Expense 6,075,000
Insurance Expense 1,200,000 State
Supplies Expense 1,500,000
Depreciation Expense - Building 7,500,000
Depreciation Expense - Equipment 4,150,000

Total Operating Expense 299,420,000 Cash

Income From Operations 41,710,000 Accounts Receivable
Prepaid Insurance
Net Income 41,710,000 Supplies
Land
Building
CLOSING ENTRIES Dr Kr Accum. Depr.- Building
Fees Earned 335,930,000 Equipment
Rent Revenue 5,200,000 Accum. Depr.- Equipment
Income Summary 341,130,000 Total Assets

Income Summary 299,420,000

Salaries and Wages Expense 196,570,000 Liabilities :
Utilities Expense 42,375,000 Accounts Payable
Advertising Expense 22,800,000 Salaries and Wages Payab
Repairs Expense 17,250,000 Unearned Rent
Miscelleneous Expense 6,075,000 Total Liabilitie
Insurance Expense 1,200,000
Supplies Expense 1,500,000 Equity :
Depreciation Expense - Building 7,500,000 Feri Firdaus, Capital
Depreciation Expense - Equipment 4,150,000
Total Equity
Income Summary (Profit) 41,710,000
Feri Firdaus, Capital 41,710,000
 Total Liabilities + Equity
Riki Martin, Capital 15,000,000
Riki MArtin, Drawing 15,000,000

FIRDAUS COMPANY
POST CLOSSING TRIAL BALANCE
July 31, 2016

Cash 7,500,000
Accounts Receivable 49,730,000
Prepaid Insurance 6,000,000
Supplies 480,000
Land 112,500,000
Building 150,250,000
Accum. Depr.- Building (95,050,000)
Equipment 135,300,000
Accum. Depr.- Equipment (102,100,000)

Accounts Payable 12,150,000

Salaries and Wages Payable 3,200,000
Unearned Rent 1,550,000
Feri Firdaus, Capital 247,710,000

264,610,000 264,610,000
 FIRDAUS COMPANY
Statement of Changes Owner Equity
For the Ended Period July 31, 2016

Feri Firdaus Capital August 31, 2016 221,000,000

Add : Net Income 41,710,000
262,710,000

Less : Feri Firdaus Drawing 15,000,000

Feri Firdaus Capital August 31,2016 247,710,000

Feri Firdaus Company

Statement of Financial Position
Per August 31, 2016

Assets

7,500,000
Accounts Receivable 49,730,000
Prepaid Insurance 6,000,000
480,000
112,500,000
150,250,000
Accum. Depr.- Building 95,050,000
Equipment 135,300,000
Accum. Depr.- Equipment 102,100,000
Total Assets 264,610,000

Liabilities and Equity

Liabilities :
Accounts Payable 12,150,000
Salaries and Wages Payable 3,200,000
Unearned Rent 1,550,000
Total Liabilities 16,900,000

Feri Firdaus, Capital 247,710,000

Total Equity 247,710,000

Total Liabilities + Equity 264,610,000