Worksheet Template

Business Name

Balance @ beginning Date $

Transactions/Adjustments
Credit purchases of inventory
Cash sales
Credit sales
Paid account payable
Paid wages
Paid interest on loan
Collections from Account Receivable
Owner's Drawings
Depreciation off Fixxtures & Fittings
Inventory end = 20000 *
Repaid Loan Principal

Cost of Sales Adjustment

 $
Balance @ end Date
 Total Assets

Current Assets
< 12 months

Bank Account Receivable Inventory Fixtures & Fittings

$10,000.00 $16,000.00 $19,000.00

$40,000.00
$25,000.00
$40,000.00
($30,000.00)
($15,000.00)
($2,500.00)
$50,000.00 ($50,000.00)
($25,000.00)

($39,000.00)
($10,000.00)
$2,500.00 $6,000.00 $20,000.00 $0.00
 =

Non-Current Assets Current Liabilities

> 12 months < 12 months

Fixtures & Fittings Account Payable

$35,000.00 $5,000.00

$40,000.00

($30,000.00)

($3,000.00)
$32,000.00 $0.00 $15,000.00 $0.00

$60,500.00 $60,500.00
 Liabilities

Current Liabilities Non-Current Liabilities

< 12 months > 12 months

Loan

$25,000.00

($2,500.00)

($10,000.00)
$0.00 $0.00 $0.00 $12,500.00
 + Owners Equity

n-Current Liabilities Owners Equity

> 12 months

Capital Retained Earnings Notes

Profit

$35,000.00 $15,000.00

<< Profit and Loss for the Curren

$25,000.00 Cash sales

$40,000.00 credit sales

($15,000.00) wages

($25,000.00)
($3,000.00) Deprec
($39,000.00) Inventory
$0.00 $10,000.00 $23,000.00
and Loss for the Current Year