DeceVid Company

Worksheet
December 31,2020
Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Particulars Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash 45,000 45,000 45,000
Accounts Receivables 156,000 156,000 156,000
Notes Receivables 360,000 360,000 360,000
Office Supplies 63,000 a 42,000 21,000 21,000
Land 300,000 300,000 300,000
Building 1,590,000 1,590,000 1,590,000
Accumulated Depreciation-Bldg. 254,000 c 75,000 329,000 329,000
Machinery and Equipment 2,150,000 2,150,000 2,150,000
Accumulated Depreciation-M and E. 612,000 d 64,500 676,500 676,500
Accounts Payable 213,000 213,000 213,000
Unearned Consulting Revenues 450,000 b 150,000 300,000 300,000
Mortgage Payable 1,000,000 1,000,000 1,000,000
Sarotory, Capital 1,855,000 1,855,000 1,855,000
Sarotory, Withdrawals 600,000 600,000 600,000
Consulting Revenues 2,208,000 b 150,000 2,358,000 2,358,000
Salaries Expenses 875,000 f 25,000 900,000 900,000
Repairs and Maintenance 116,000 116,000 116,000
Utilities Expense 200,000 200,000 200,000
Miscellaneous Expense 137,000 137,000 137,000
TOTAL 6,592,000 6,592,000
Office Supplies Expense a 42,000 42,000 42,000
Depreciation Expense-Bldg. c 75,000 75,000 75,000
Depreciation Expense- M and E. d 64,500 64,500 64,500
Interest Expense e 50,000 50,000 50,000
Accrued Interest Expense e 50,000 50,000 50,000
Accrued Salaries Expense f 25,000 25,000 25,000
Accrued Interest Income g 21,600 21,600 21,600
Interest Income g 21,600 21,600 21,600
TOTAL 428,100 428,100 6,828,100 6,828,100 1,584,500 2,379,600 5,243,600 4,448,500
Net Income 795,100 795,100
TOTAL 2,379,600 2,379,600 5,243,600 5,243,600