Bonnie's Batting Cages

Balance Sheet
July 31, 2015

Assets Liabilities
Bank ### $ 33,000.00 Accounts Payable
Accounts Receivable - Cannon Sports ### $ 10,000.00
- Infield Flyers ### 1,000.00 - Ewert Equipment ### 22,000.00
- Remdal Red Sox ### 500.00 - Sandhu Sporting Goods ### 500.00
Supplies ### 7,500.00 Bank Loan ### 25,000.00
Equipment ### 50,000.00 Total Liabilities ### $ 57,500.00
Owner’s Equity
B. Birch, Capital ### 34,500.00
Total Assets ### $ 92,000.00 Total Liabilities and Owner’s Equity### $ 92,000.00
Note:
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eginning balance for capital)
reen, this can help speed up entry
 The Ledger of Bonnie's Batting Cages & Softball Services
Asset Accounts = Liability Accounts + Equity Accounts

Bank A/P - Cannon Sports B. Birch, Capital

á Dr. Cr. â â Dr. Cr. á â Dr. Cr. á
beginning beginning beginning
balance balance balance

A/R - Infield Flyers A/P - Ewert Equipment B. Birch, Drawings

á Dr. Cr. â â Dr. Cr. á á Dr. Cr. â
beginning beginning
balance balance

Revenue Accounts

A/R - Remdal Red Sox A/P - Sandhu Sporting Goods Membership Fees
á Dr. Cr. â â Dr. Cr. á â Dr. Cr. á
beginning beginning
balance balance

Supplies Bank Loan Cash Sales

á Dr. Cr. â â Dr. Cr. á â Dr. Cr. á
beginning beginning
balance balance

Expense Accounts
Equipment
á Dr. Cr. â Bank Charges Expense
beginning
balance á Dr. Cr. â

Heating Expense
á Dr. Cr. â

General Ledger T-Accounts

 Bonnie's Batting Cages and Softball Services
Trial Balance
August 31, 2015
Acct. # Account Debits Credits
1005 Bank
1010 A/R - Infield Flyers
1015 A/R - Remdal Red Sox
1020 Supplies
1025 Equipment
2005 A/P - Cannon Sports
2010 A/P - Ewert Equipment
2015 A/P - Sandhu Sporting Goods
2020 Bank Loan
3005 B. Birch, Capital
3010 B. Birch, Drawings
4005 Membership Fees
4010 Cash Sales
5005 Bank Charges Expense
5010 Heating Expense
5015 Rent Expense
5020 Repair Expense
5025 Wages Expense
$ - $ -
 Bonnie's Batting Cages and Softball Services
Income Statement
When?
Accounts Amounts Totals
 Bonnie's Batting Cages
Balance Sheet
When?

Assets Calculations Amounts Totals

Total Assets

Liabilities Calculations Amounts Totals

Total Liabilities

Owner's Equity Calculations Amounts Totals

B. Birch, Capital
Balance August 1, 2015
Investment
Net Income
Drawings
Increase in Equity
Balance August 31, 2015

Total Liabilities and Owner's Equity