REYES BEAUTY BAR COMPANY

ACCOUNTING WORKSHEET
May 31, 2021

Adjusted Trial
Accounts Unadjusted Trial Balance Adjustments
Balance
Dr Cr Dr Cr Dr Cr
Cash in Bank - Security Bank 25,000.00
Cash in Bank - Union Bank 25,000.00
Cash on Hand 4,000.00
Change Fund 325.00
Accounts Receivable 39,675.00
Store Equipment 65,000.00
Office Equipment 45,000.00
Accounts Payable 67,915.00
Bank Loan Payable, due May 30, 2022 75,000.00
Notes Payable, due 2025 100,000.00
Reyes, Capital 250,000.00
Reyes, Drawing 12,500.00
Sales 1,462,185.00
Sales Return & Allowances 1,250.00
Sales Discounts 3,750.00
Purchases 459,470.00
Purchases Returns & Allowances 2,500.00
Purchases Discounts 5,000.00
Store Rent Expense 120,000.00
Office Rent Expense 60,000.00
Store Supplies Expense 55,000.00
Office Supplies Expense 20,000.00
Store Salaries Expense 574,500.00
Office Salaries Expense 383,000.00
Office Utilities Expense 28,810.00
Store Utilities 14,405.00
Delivery Epense 23,415.00
Taxes & Licenses Expense 2,500.00
Adjustments
AR COMPANY
WORKSHEET
2021

Post-closing Trial
Income Statement Balance Sheet Closing Entries
Balance
Dr Cr Dr Cr Dr Cr Dr Cr