FDN Trading

Worksheet
for the month ended November 30, 2023
UNADJUSTED
TRIAL BALANCE ADJUSTMENTS
ACCOUNT NAME DR CR DR CR
Cash 383,890
Accounts Receivable 85,000
Allowance for Doubtful Accounts 850
Commissions Receivable
Merchandise Inventory 180,000
Prepaid Advertising Expense 12,000
Supplies 20,000
Equipment 200,000
Accumulated Depreciation - Equipment 6,000
Furniture 90,000
Accumulated Depreciation - Furniture 3,750
Accounts Payable 123,000
Interest Payable
Salaries Payable
Unearned Rent Income 20,000
Notes Payable 300,000
Nakpil, Capital 322,470
Nakpil, Drawing 45,000
Income Summary
Sales 978,520
Sales Returns and Allowances 20,000
Sales Discounts 9,800
Commissions Income
Rent Income
Purchases 500,000
Freight In 12,000
Purchases Returns and Allowances 17,500
Purchases Discounts 30,000
Advertising Expense
Cleaning Services Expense 35,000
Depreciation Expense - Equipment
Depreciation Expense - Furniture
Doubtful Accounts Expense
Freight Out 35,000
Insurance Expense 28,000
Interest Expense
Rent Expense 30,000
Representation & Entertainment Expense 12,000
Salaries Expense - Office Staff 32,000
Salaries Expense - Store Staff 46,400
Supplies Expense
Utilities Expense 26,000
1,802,090 1,802,090
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 Trading
rksheet
ed November 30, 2023
ADJUSTED STATEMENT OF STATEMENT OF
TRIAL BALANCE PROFIT & LOSS FINANCIAL POSITION
DR CR DR CR DR CR
ADJUSTING ENTRIES
DATE PARTICULARS P/R
 CLOSING ENTRIES
DR CR DATE PARTICULARS
NG ENTRIES
PARTICULARS P/R DR
 REVERSING ENTRIES
CR DATE PARTICULARS
RSING ENTRIES
PARTICULARS P/R DR
CR