A Byte of Accounting, Inc. Worksheet For Period Ending June 30, 2021 Adjusting Entries Debit Credit Unadjusted Trial Balance Debit Credit 30,177.93 1,296.00 5,640.00 6,600.00 655.00 1,969.00 235.00 2,200.00 385.00 Adjusted Trial Balance Debit Credit 30,177.93 1,296.00 5,405.00 4,400.00 270.00 1,969.00 17.49 205,950.00 3,432.50 105,000.00 256.61 20,000.00 1,495.00 17.49 205,950.00 3,432.50 A Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip. 1212 Accum. Depr.-Office Equip 1311 Computer Equip 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2106 Income Taxes Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock 3200 Retained Earnings 3300 Dividends 105,000.00 256.61 20,000.00 1,495.00 1,426.95 486.00 3,675.35 1,426.95 486.00 3,675.35 112,500.00 106,750.00 142,989.00 112,500.00 106,750.00 142,989.00 1,566.07 1,566.07 19,020.00 8,750.00 27,770.00 2,200.00 486.00 3,675.35 4100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 5030 Advertising Expense 5040 Repairs & Maint. Expense 5050 Oil & Gas Expense 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 5120 Income Tax Expense 1.620.00 275.00 1,165.00 840.00 2,200.00 2,106.00 3,950.35 1,165.00 840.00 385.00 1,426.95 235.00 12,456.60 385.00 1,426.95 235.00 12,456.60 TOTAL 382,754.00 382,754.00 20,864.90 20,864.90 400,798.90 400,798.90 A Byte of Accounting, Inc. Income Statement For Month Ending June 30, 2021 Revenues Computer & Consulting Revenue Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Total Expenses Net Income Before Tax Income Tax Expense (Rond to two decimal places) 100 Net Income After Tax A Byte of Accounting, Inc. Statement of Changes in Retained Earnings For Month Ending June 30, 2021 Total Balance, Beginning of Period Net Income Dividends Balance, End of Period Assets Current Assets Cash Accounts Receivable Prepaid Insurance Prepaid Rent Office Supplies Total Long-Term Assets Office Equip Accum. Depr.-Office Equip. Computer Equip. Accum. Depr.-Computer Building Cost Accum. Depr.-Building Land Total Total Assets Liabilities Current Liabilities Accounts Payable Advanced Payment Interest Payable Salaries Payable Income Taxes Payable Total Long-Term Liabilities Mortgage Payable Notes Payable Total Total Liabilities Stockholder's Equity Capital Stock Retained Earnings Total Total Liabilities and Stockholder's Equity A Byte of Accounting, Inc. Worksheet For Period Ending June 30, 2021 Adjusting Entries Debit Credit Unadjusted Trial Balance Debit Credit 30,177.93 1,296.00 5,640.00 6,600.00 655.00 1,969.00 235.00 2,200.00 385.00 Adjusted Trial Balance Debit Credit 30,177.93 1,296.00 5,405.00 4,400.00 270.00 1,969.00 17.49 205,950.00 3,432.50 105,000.00 256.61 20,000.00 1,495.00 17.49 205,950.00 3,432.50 A Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip. 1212 Accum. Depr.-Office Equip 1311 Computer Equip 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2106 Income Taxes Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock 3200 Retained Earnings 3300 Dividends 105,000.00 256.61 20,000.00 1,495.00 1,426.95 486.00 3,675.35 1,426.95 486.00 3,675.35 112,500.00 106,750.00 142,989.00 112,500.00 106,750.00 142,989.00 1,566.07 1,566.07 19,020.00 8,750.00 27,770.00 2,200.00 486.00 3,675.35 4100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 5030 Advertising Expense 5040 Repairs & Maint. Expense 5050 Oil & Gas Expense 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 5120 Income Tax Expense 1.620.00 275.00 1,165.00 840.00 2,200.00 2,106.00 3,950.35 1,165.00 840.00 385.00 1,426.95 235.00 12,456.60 385.00 1,426.95 235.00 12,456.60 TOTAL 382,754.00 382,754.00 20,864.90 20,864.90 400,798.90 400,798.90 A Byte of Accounting, Inc. Income Statement For Month Ending June 30, 2021 Revenues Computer & Consulting Revenue Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Total Expenses Net Income Before Tax Income Tax Expense (Rond to two decimal places) 100 Net Income After Tax A Byte of Accounting, Inc. Statement of Changes in Retained Earnings For Month Ending June 30, 2021 Total Balance, Beginning of Period Net Income Dividends Balance, End of Period Assets Current Assets Cash Accounts Receivable Prepaid Insurance Prepaid Rent Office Supplies Total Long-Term Assets Office Equip Accum. Depr.-Office Equip. Computer Equip. Accum. Depr.-Computer Building Cost Accum. Depr.-Building Land Total Total Assets Liabilities Current Liabilities Accounts Payable Advanced Payment Interest Payable Salaries Payable Income Taxes Payable Total Long-Term Liabilities Mortgage Payable Notes Payable Total Total Liabilities Stockholder's Equity Capital Stock Retained Earnings Total Total Liabilities and Stockholder's Equity