1 Purchased a computer for $2,000 cash.

2 Borrowed $100,000 cash from bank by acquiring a bank loan.

3 Paid $3,000 for office supplies. The supplies
were put into the inventory storeroom.
4 Paid for a 1-year insurance policy for the business, amount paid $5,000.
5 Billed customers $20,000 for repair services rendered.
8 Collected $8,000 in cash for repair services rendered today.
10 Purchase $5,000 of additional supplies on credit.
15 Received $5,000 in cash from customers billed on November 5th.
18 Paid $1,000 for advertising that ran for the first two weeks of this month.
20 Received interest revenue from bank in the amount of $200
22 Paid 2,000 on the November 10th purchase.
23 Collected $15,000 in fees earned today from various customers.
25 Paid the following expenses in cash:
Legal fees, $3,000
Telephone $500
Vehicle maintenance, $6,000
Wages, $15,000.
27 Paid the landlord $8,000 in rent. This includes the rent for
November and a prepayment of rent for the next 3 months.

110 Cash
120 Accounts Receivable
150 Prepaid Rent
155 Prepaid Insurance
170 Office Supplies
200 Computer
215 Accounts Payable
220 Bank Loan
325 Share Capital
450 Repair Revenue
470 Interest Revenue
615 Advertising Expense
655 Rent Expense
660 Legal fees
665 Telephone Expense
670 Vehicle Maintenance Expense
675 Wages Expense
Date Description Folio Debit
1-Nov Cash 110 30,000
Share capital 325
To record shares Issued

1-Nov Computer 200 2,000

Cash 110
To record purchase of equipment

2-Nov Cash 110 100,000

Bank Loan 220
To record bank loan

3-Nov Office Supplies 170 3,000

Cash 110
To record payment for office
supplies

4-Nov Prepaird Insurance 155 5,000

Cash 110
To record payment of 1 year Ins.

5-Nov Accounts Recievable 120 20,000

Repair Revenue 450
To record sales

8-Nov Cash 110 8,000

Repair Revenue 450
To record repair revenue

10-Nov Office Supplies 170 5,000

Accounts Payable 215
To record purchase of supplies
on credit

15-Nov Cash 110 5,000

Accounts Receivable 120
To record accounts receivable

18-Nov Advestising Expense 615 1,000

Cash 110
To record adverstising expense
20-Nov Cash 110 200
Interest Revenue 470
To record interest received

22-Nov Accounts Payable 215 2,000

Cash 110
To record payment done

23-Nov Cash 110 15,000

Accounts Receivable 120
To record earning

25-Nov Legal Fees 660 3,000

Telephone Expense 665 500
Vehicle Maintenance Expense 670 6,000
Wages Expense 675 15,000
Cash 110
To record expenses

27-Nov Rent Expenese 655 2,000

Prepaid Rent 150 6,000
Cash 110
To record Rent Paid & advance rent
paid
Credit Cash 110 Accounts Rec 120
1 30000 5 20000
30,000 2000 1
2 100000
3000 3
5000 4
2,000 8 8000
15 5000
1000 18
20 200
100,000 2000 22
23 15000
24500 25
8000 27
3,000 112700 0

Prepaid Rent 150 Prepaid Ins 155

27 6000 4 5000
5,000

6000 5000

20,000

Office Supplies 170 Computer 200

3 3000 1 2000
8,000 10 5000

8000 2000
5,000

Accounts Pay. 215 Bank Loan 220

5000 10
22 2000
5,000
3000

1,000
Share Capital 325 Repair Revenue 450
 30000 1

200
30000

2,000
Interest Rev. 470 Advertising Exp. 615
200 20 18 1000

15,000
200 1000

Rent Expense 655 Legal Fees 660

27 2000 25 3000
24,500

2000 3000

8,000
Tel. Exp. 665 Veh. Maint. Exp. 670
25 500 25 6000

500 6000

Wages Exp. 675

25 15000

15000
Accounts Rec 120
Cooper Corporation
5000 15 Trial Balance
15000 23 At November 30, 2022

110 Cash
120 Accounts Receivable
150 Prepaid Rent
155 Prepaid Insurance
170 Office Supplies
200 Computer
215 Accounts Payable
220 Bank Loan
325 Share Capital
0 450 Repair Revenue
470 Interest Revenue
615 Advertising Expense
Prepaid Ins 155 655 Rent Expense
660 Legal fees
665 Telephone Expense
670 Vehicle Maintenance Expense
675 Wages Expense

Cooper Corporation
Computer 200 Income Statement
For month November ending, 30, 2022

Revenue
Repair Revenue
Interest Revenue
Total Revenue
Expenses
Bank Loan 220 Advertising Expense
100000 2 Rent Expense
Legal fees
Telephone Expense
100000 Vehicle Maintenance Expense
Wages Expense
Total Expenses

Repair Revenue 450 Net Income

 20000 5
8000 8 Cooper Corporation
Statement of Changes in Equity
28000 For month November ending, 30, 2022

Advertising Exp. 615 Beginning of Period

Issued Shared
Dividends

Cooper Corporation
Statement of Financial Position
At November 30, 2022
Legal Fees 660 Assets
Cash
Accounts Receivable
Prepaid Rent
Prepaid Insurance
Office Supplies
Computer
Total Assests
Veh. Maint. Exp. 670

Liabilities
Accounts Payable
Bank Loan
Total Liabilities

Shareholders' Equity
Share Capital
Retained Earnings
Total Shareholders' Equity

Total Liabilities and

Shareholders' Equity
 Corporation
Balance
mber 30, 2022
Debit Credit
$ 112,700
-
6,000
5,000
8,000
2,000
$ 3,000
100,000
30,000
28,000
200
1,000
2,000
3,000
500
6,000
15,000
$ 161,200 $ 161,200

oper Corporation
come Statement
November ending, 30, 2022

$ 28,000
200
$ 28,200

$ 1,000
2,000
3,000
500
6,000
15,000
$ 27,500

$ 700
Cooper Corporation
ment of Changes in Equity
November ending, 30, 2022

Share Retained Total

Capital Earning Equity
$ - $ - $ -
30,000 700 30,700
- - -
$ 30,000 $ 700 $ 30,700

oper Corporation
nt of Financial Position
ovember 30, 2022

$ 112,700
-
6,000
5,000
8,000
2,000
$ 133,700

$ 3,000
100,000
$ 103,000

$ 30,000
700
$ 30,700

$ 133,700