GENERAL JOURNAL

Date Account Tittle and Explanation Ref Debit Credit

December 1. Inventory 2680
2019
Account Payable 2680
3. Supplies 300
Account Payable 300
5. Prepaid Insurance 1,000
Cash 1,000
6. Account Receivable 3,828
Sales Revenue 3,828
CoGS 2,888
Inventory 2,888
7. Sales Returns and Allowance 174
Account Receivable 174
Inventory 134
CoGS 134
10. Equipment 10,000
Cash 2,000
Account Payable 8,000
17. Inventory 1,716
Account Payable 1,716
22. Account receivable 1,900
Sales Revenue 1,900
CoGS 1,340
Inventory 1,340
25. Account Payable 250
Cash 250
31. Dividend 100
Cash 100
TOTAL 26,310 26,310
 Cash Account Pay

Balance 4,650 5-Dec 1,000 25-Dec

10-Dec 2,000
25-Dec 250
31-Dec 100
4,650 3,350
1,300

Account Receivable Prepaid Insur

Balance 3,900 7-Dec 174 5-Dec
6-Dec 3,828
22-Dec 1,900
9,628 174
9,454
Sales Reven
Supplies
3-Dec 300
300

Sales Returns and A

CoGS 7-Dec
6-Dec 2,888 7-Dec 134
22-Dec 1,340
4,228 134 Accumulated Depreciati
4,094

Inventory
Balance 1,950 6-Dec 2,888 Dividend

1-Dec 2,680 22-Dec 1,340 31-Dec

7-Dec 134
17-Dec 1,716
6,480 4,228
 2,252

Equipment
Balance 21,000
10-Dec 10,000
31,000
 Account Payable Share Capital - Ordinary

250 Balance 3,000 20-Dec 20,000

1-Dec 2,680 20,000
3-Dec 300
10-Dec 8,000
17-Dec 1,716
250 15,696 Cash
15,446 Retained Earnings Account Receivable
Balance 7,000 Prepaid Insurance
7,000 Inventory
Supplies
Equipment
Prepaid Insurance Accumulated Depreciatio
1,000 Account Payable
1,000 Share Capital - Ordinary
Retained Earnings
Dividends
Sales Revenue
Sales Revenue Sales Returns and Allowa
6-Dec 3,828 Costof good sold
22-Dec 1,900
5,728 TOTAL
5,728

Sales Returns and Allowances

174
174

Accumulated Depreciation-Equipment
Balance 1,500
1,500

Dividends

100
100
 Lamberd Company
Trial Balance

Debit Credit
1,300
Account Receivable 9,454
Prepaid Insurance 1,000
2,252
300
Equipment 31,000
Accumulated Depreciation - Equipment 1,500
Account Payable 15,446
Share Capital - Ordinary 20,000
Retained Earnings 7,000
100
Sales Revenue 5,728
Sales Returns and Allowances 174
Costof good sold 4,094

TOTAL 49,674 49,674

 ADJUSTING ENTRIES
Date Account Tittle and Explanation Ref Debit Credit
Dec, 2019 31 Salaries and Wages Expense 300
Salaries and Wages Payable 300
31 Depreciation Expense 200
Accumulated Depreciation - Equipment 200
31 Insurance Expense (1000/12=83) 83
Prepaid Insurance 83
31 Supplies Expense 150
Supplies 150
 Trial Balance Adjustment

Account tiitle dr cr dr
Cash 1,300
Account Receivable 9,454
Prepaid Insurance 1,000
Inventory 2,252
Supplies 300
Equipment 31,000
Accumulated Depreciation - Equipment 1,500
Account Payable 15,446
Share Capital - Ordinary 20,000
Retained Earnings 7,000
Dividends 100
Sales Revenue 5,728
Sales Returns and Allowances 174
Costof good sold 4,094
TOTAL 49,674 49,674
Salaries and Wages Expense 300
Salaries and Wages Payable
Depreciation Expense 200
Insurance Expense 83
Supplies Expense 150
TOTAL 733
 Adjusted Trial The Statement Of
Adjustment Incume Statement
Balance Financial Position

cr dr cr dr cr dr cr Income St
1,300 1,300 Sales
9,454 9,454
83 917 917
2,252 2,252
150 150 150
31,000 31,000
200 1,700 1,700 Expense
15,446 15,446
20,000 20,000
7,000 7,000
100 100
5,728 5,728 Total Expense
174 174 Net income
4,094 4,094

300 300
300 300 300
200 200
83 83
150 150
733 50,174 50,174 5,001 5,728 45,173 44,446
727 727
5,728 5,728 45,173 45,173
 Income Statement Retained Earnings
Retained Earnings Dec 1
Sales Revenue 5,728 Add Net Income
Less : Returns and Allowance 174
NET SALES 5,554 Less : Dividends
Less : Cost of Good Sold 4,094 Retained Earnings Dec 31
Gross Profit 1,460

Salaries and Wages Expense 300

Depreciation Expense 200
Insurance Expense 83
Supplies Expense 150
733
727

Statement of Financial Position

Assets
Current Assets
Cash 1,300
Account Receivable 9,454
Prepaid Insurance 917
Inventory 2,252
Supplies 150
TOTAL CURRENT ASSET 14,073
Non Current Assets
Equipment 31,000
Acc Depreciation Equipment -1,700
TOTAL NON CURRENT ASSETS 29,300
Total Assets 43,373
Liabilities and Equity
Liabilities
Account Payale 15,446
Salaries and Wages Payable 300
Total Current Liabilities 15,746
Equity
 Share Capital-Ordinary 20,000
Retained Earnings 7,627
Total Equity 27,627
Total Liabilities and Equity 43,373
 CLOSING ENTRIES
Date Account Tittle and Explanation Ref Debit
ings Dec 2019 31 Sales Revenue 5,728
7,000 Income Summary
727 31 Income Summary 733
7,727 Salaries and Wages Expense
100 Depreciation Expense
7,627 Insurance Expense
Supplies Expense
31 Income Summary 4,995
Retained Earnings
31 Retained Earnings 8,000
Dividend

Lamberd Company
Post-Closing Trial Balance
July 31, 2020

Debit Credit
Cash 1,300
Account Receivable 9,454
Prepaid Insurance 917
Inventory 2,252
Supplies 150
Equipment 31,000
Acc Depreciation Equipment 1,700
Account Payale 15,446
Salaries and Wages Payable 300
Share Capital-Ordinary 20,000
Retained Earnings 7,627
TOTAL 45,073 45,073
Credit

5,728

300
200
83
150

4,995

8,000
 GENERAL JOURNAL
Date Account Tittle and Explanation Ref Debit
 Ledger

Credit

Equipment
Balance 21,000
10-Dec 10,000
31,000
Tr
 ADJUSTING ENTRIES
Trial Balance Date

Debit Credit
 ADJUSTING ENTRIES
Account Tittle and Explanation Ref Debit Credit
 Worksheet
Adjusted Trial
Trial Balance Adjustment Incume Statement
Balance
Account tiitle dr cr dr cr dr cr dr cr
The Statement Of Nama Perusahaan
Financial Position Income Statement
dr cr December 31, 2019
Nama perusahaan
Retained Earnings
December 31
 Nama perusahaan
The Statement of Financial Position
Tanggal
 CLOSING ENTRIES
Date Account Tittle and Explanation Ref
Debit Credit Green River Compaby
Post-Closing Trial Balance
July 31, 2020
 Green River Compaby
Post-Closing Trial Balance
July 31, 2020

Debit Credit
 GENERAL JOURNAL
Date Account Tittle and Explanation Ref Debit
Decemebr
2019 1 Inventory - 2,680
Account Payable -
3 Supplies - 300
Account Payable -
5 Prepaid Insurance - 1,000
Cash -
6 Account Receivble - 3,828
Sales Revenue -
CoGS - 2,888
Inventory -
7 Saes Returns Allowance - 174
Account Receivable -
Inventory - 134
CoGS -
10 Equipment - 10,000
Cash -
Account Payable -
17 Inventory - 1716
Account Payable -
22 Account Receivable - 1900
Sales Revenue -
CoGS - 1340
Inventory -
25 Account Payable - 250
Cash -
31 Dividend - 100
Cash -
Credit CASH Suplies

Bal. 4,650 5-Dec 1,000 3-Dec 300

2,680 10-Dec 2,000 300
25-Dec 250
300 31-Dec 100
4,650 3,350
1,000 1,300

3,828

2,888

174 Account Receivable Account Payable

Bal. 3,900 7-Dec 174 25-Dec 250
134 6-Dec 3,828
22-Dec 1,900
2,000 9,628 174
8,000 9,454
250
1716 Inventory
Bal. 1,950 6-Dec 2,888
1900 1-Dec 2,680 22-Dec 1,340
7-Dec 134
1340 17-Dec 1,716
6,480 4,228
250 2,252 Retained Earnings
Equipment
100 Bal. 21,000
10-Dec 10,000
31,000 Sales Revenue

Prepaid Insurance
5-Dec 1,000 Sales Return and Allowance
7-Dec 174
174
 Equipment
Balance 21,000
10-Dec 10,000
31,000
 Suplies Share Capital Ordinary

Bal. 20,000
20,000

Cash
Account Receivable
Prepaid Insurance
Accumulated Depreciation Equipment Inventory
Bal. 1,500 Supplies
1,500 Equipment
Accumulated Depreciatio
Account Payable
Account Payable Share Capital - Ordinary
Bal. 3,000 CoGS Retained Earnings
1-Dec 2,680 6-Dec 2,888 7-Dec 134 Dividends
3-Dec 300 22-Dec 1,340 Sales Revenue
10-Dec 8,000 4,228 134 Sales Returns and Allowa
17-Dec 1,716 4,094 Costof good sold
15,696
15,446
Dividend
31-Dec 100
100

Retained Earnings
Bal. 7,000
7,000

Sales Revenue
6-Dec 3,828
22-Dec 1,900
5,728
5,728

les Return and Allowance

 ADJUST
Trial Balance Date
Decembe
r 2019 31

Debit Credit 31
1,300
Account Receivable 9,454 31
Prepaid Insurance 1,000
2,252 31
300
Equipment 31,000
Accumulated Depreciation - Equipment 1,500
Account Payable 15,446
Share Capital - Ordinary 20,000
Retained Earnings 7,000
100
Sales Revenue 5,728
Sales Returns and Allowances 174
Costof good sold 4,094
49,674
 ADJUSTING ENTRIES
Account Tittle and Explanation Ref Debit Credit

Salaries and Wages Expense 300

Salaries and Wages Payable 300
Depreciation Expense 200
Accumulated Depreiation Equipment 1,500
Insurance Expense ((1.000/12) 83
Prepaid Insurance 83
Supplies Expense 150
Supplies 150
 Adjusted Trial
Trial Balance Adjustment
Balance

Account tiitle dr cr dr cr dr
Cash 1,300 1,300
Account Receivable 9,454 9,454
Prepaid Insurance 1,000 83 917
Inventory 2,252 2,252
Supplies 300 150 150
Equipment 31,000 31,000
Accumulated Depreciation - Equipment 1,500 200
Account Payable 15,446
Share Capital - Ordinary 20,000
Retained Earnings 7,000
Dividends 100 100
Sales Revenue 5,728
Sales Returns and Allowances 174 174
Costof good sold 4,094 4,094
TOTAL 49,674 49,674
Salaries and Wages Expense 300 300
Salaries and Wages Payable 300
Depreciation Expense 200 200
Insurance Expense 83 83
Supplies Expense 150 150
TOTAL 733 733 50,174
Adjusted Trial The Statement Of Nama Perusahaan
Incume Statement
Balance Financial Position Income Statement

cr dr cr dr cr December 31, 2019

1,300 Sales
9,454 Sales Revenue
917 Less : Returns and Allowance
2,252 Net Sales
150 Less: CoGS
31,000 Gross Profit
1,700 1,700 Expense
15,446 15,446 Salaries and Wages Expense
20,000 20,000 Depreciation Expense
7,000 7,000 Insurance Expense
100 Supplies Expense
5,728 5,728 Total Expense
174 Net Income
4,094

300
300 300
200
83
150
50,174 5001 5,728 45,173 44446
727 727
5,728 5,728 45,173 45,173
 Nama Perusahaan Nama perusahaan
Income Statement Retained Earnings

December 31, 2019 December 31

Rtained Earnings December 1 7,000
5,728 Add: Net Income 727
eturns and Allowance -174 7,727
5,554 Less: Dividend 100
4,094 Retained Earnings December 31 7,627
1,460

s and Wages Expense 300

ation Expense 200
83
150
733
727
 Nama perusahaan
The Statement of Financial Position

Tanggal
ASSETS
Current Assets
Cash 1,300
Account Receivable 9,454
Prepaid Insurance 917
Inventory 2,252
Supplies 150
Total Current Assets 14,073
Non Current Assets
Equipment 31,000
Acc Depreciation-Equipment -1,700
Total Non Current Assets 29,300
Total Assets 43,373
Liabilities and Equity
Liabilities
Account Payable 15,446
Salaries and Wages Payable 300
Total Current Liabilities 15,746
Equity
Share Capital Ordinary 20,000
Retained Earings 7,627
Total Equity 27,627
Total Liabilities and Equity 43,373
 CLOSING ENTRIES
Date Account Tittle and Explanation Ref Debit
Credit Green River Compaby

Post-Closing Trial Balance

July 31, 2020

Debit Credit
 1 Account Payable 0
3 Account Payable 300
10 Account Payable 8,000
5 Cash 1,000
10 Cash - 2,000
7 CoGS 134
6 Inventor- 0
17 Account Payable 0
7 Account - 174
Cash - 250
Cash 100
Inventory 0
6 Sales Revenue 0
22 Sales Revenue 0
25 Account Payable 250
6 Account Re- 3828
22 Account Re- 1900
6 CoGS 2888
CoGS 1340
31 Dividend 100
10 Equipment 10,000
1 Inventory - 2,680
7 Inventory - 134
17 Inventory - 1716
5 Prepaid Insurance 1,000
7 Sales returns and All 174
3 Supplies 300
TOTAL 26,310 11,958
-