GROUP ASSIGNMENT COVER SHEET

STUDENT DETAILS

Student name: Đỗ Thiện Phúc Student ID number: 22004070

Student name: Lê Minh Thành Student ID number: 22003157

Student name: Nguyễn Thị Phước Ngọc Student ID number: WSU21000225

Student name: Đặng Nguyễn Phương Thanh Student ID number: 21001229

Student name: Nguyễn Trọng Nghĩa Student ID number: 22003413

Student name: Huỳnh Ngọc Bảo Châu Student ID number: 22003137

UNIT AND TUTORIAL DETAILS

Unit name: Principles of Accounting Unit number: ACC201

Wednesday,
Tutorial/Lecture: Class day and time: 3:30p.m-6:30p.m
Lecturer or Tutor name: Phạm Phương Kha
ASSIGNMENT DETAILS

Title: Tutorial Test 4

Length: 4 pages Due date: 07/06/2023 Date submitted: 07/06/2023

DECLARATION
I hold a copy of this assignment if the original is lost or damaged.
I hereby certify that no part of this assignment or product has been copied from any other student’s work
or from any other source except where due acknowledgement is made in the assignment.
I hereby certify that no part of this assignment or product has been submitted by me in another
(previous or current) assessment, except where appropriately referenced, and with prior permission
from the Lecturer / Tutor / Unit Coordinator for this unit.
No part of the assignment/product has been written/ produced for me by any other person except
where collaboration has been authorised by the Lecturer / Tutor /Unit Coordinator concerned.
I am aware that this work may be reproduced and submitted to plagiarism detection software programs
for the purpose of detecting possible plagiarism (which may retain a copy on its database for future
plagiarism checking).

Student’s signature: Phúc

Student’s signature: Thành
Student’s signature: Ngọc
Student’s signature: Thanh
Student’s signature: Nghĩa
Student’s signature: Châu
Note: An examiner or lecturer/tutor has the right to not mark this assignment if the above declaration has not
been signed.

Tutorial Test 4
Group 2
PA-T223WSB-7
Phạm Phương Kha
07/06/2023
CÂU A
TULLAMARINE AIRPORT
Worksheet
For the Year Ended September 30, 2023
Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Account titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.
Cash 41,400 41,400 41,000
Supplies 18,600 16,400 2,200 2,200
Prepaid Insurance 31,900 21,000 10,900 10,900
Land 80,000 80,000 80,000
Equipment 120,000 120,000 120,000
Accumulated Depreciation-Equip. 36,200 6,000 42,200 42,200
Accounts Payable 14,600 14,600 14,600
Unearned Ticket Revenue 3,700 2,700 1,000 1,000
Mortgage Payable 50,000 50,000 50,000
Owner's Capital 109,700 109,700 109,700
Owner's Drawings 14,000 14,000 14,000
Ticket Revenue 277,500 2,700 280,200 280,200
Salaries and Wages Expense 105,000 105,000 105,000
Maintenance and Repairs Expense 30,500 30,500 30,500
Advertising Expense 9,400 9,400 9,400
Utilities Expense 16,900 16,900 16,900
Property Tax Expense 18,000 3,000 21,000 21,000
Interest Expense 6,000 4,000 10,000 10,000
Total 491,700 491,700
Insurance Expense 21,000 21,000 21,000
Supplies Expense 16,400 16,400 16,400
Interest Payable 4,000 4,000 4,000
Depreciation Expense 6,000 6,000 6,000
Property Tax Payable 3,000 3,000 3,000
Totals 53,100 53,100 504,700 504,700 236,200 280,200 268,500 224,500
44,000 44,000
280,200 280,200 268,500 268,500
GENERAL JOURNAL
Date Account Titles Debit Credit
2023 Sept. 30 Unearned Ticket Revenue 2,700
Ticket Revenue 2,700
30 Supplies expense 16,400
Supplies 16,400
30 Insurace expense 21,000
Prepaid Insurance 21,000
30 Depreciation expenses 6,000
Accumulated Depreciation-Equip. 6,000
30 Property Tax Expense 3,000
Property Tax Payable 3,000
30 Interest Expense 4,000
Interest Payable 4,000
CÂU B
TULLAMARINE AIRPORT
Balance sheet
September 30, 2023
Assets
Current assets
Cash $41,400
Supplies 2,200
Prepaid Insurance 10,900
Total current assets $54,500
Property,plant and equipment
Land 80,000
Equipment $120,000
Less: Accumulated Depreciation-Equipment 42,200 77,800 157,800
Total assets $212,300

Liabilities and Owner's Equity

Current liabilities
Mortage Payable (due in 2024) $15,000
Account Payable 14,600
Interest Payable 4,000
Property Taxes Payable 3,000
Unearned ticket revenue 1,000
Total current liabilities $37,600

Long-term liabilities
Mortage payable 35,000
Total long-term liabilities 35,000
Total liabilities 72,600
Owner's equity
Owner's Capital($109,700+$44,000-$14,000) 139,700
Total liabilities and owner's equity $212,300
CÂU C
GENERAL JOURNAL
Date Account titles and Explanation Debit Credit
Closing Entries
(1)
2023 Sept. 30 Ticket Revenue 280,200
Income Summary 280,200
(To close revenue account)
(2)
30 Income Summary 236,200
Salaries and Wages Expense 105,000
Maintenance and Repairs Expense 30,500
Advertising Expense 9,400
Utilities Expense 16,900
Property Tax Expense 21,000
Interest Expense 10,000
Insurance Expense 21,000
Supplies Expense 16,400
Depreciation Expense 6,000
(To close expense accounts)
(3)
30 Income Summary 44,000
Owner's Capital 44,000
(To close net income to capital)
(4)
Owner's Capital 14,000
Owner's Drawings 14,000
(To close Drawings to capital)
 CÂU D
TULLAMARINE AIRPORT
Post-closing trial balance.
September 30, 2023
Debit Credit
Cash $41,400
Supplies 2,200
Prepaid Insurance 10,900
Land 80,000
Equipment 120,000
Accumulated Depreciation-Equip. $42,200
Unearned Ticket Revenue 1,000
Accounts Payable 14,600
Mortgage Payable 50,000
Interest Payable 4,000
Property Tax Payable 3,000
Owner's Capital 139,700
$254,500 $254,500