All Around Appliance Manele Bay Balance Sheet December 31, 2018 Assets Less: III UIT Less Less: Less All Around Appliance Manele Bay Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 379 254 Petty Cash Accounts Receivable 220 230 000 S 16.100 279.000 220 1 500 4.900 210.000 80.000 550.000 16.000 Allowance for Bad Debts Merchandise Inventory Office Supplies Prepaid Insurance Interest Receivable Notes Receivable Land Building Accumulated Depreciation-Building Store Fixtures Accumulated Depreciation Store Fixtures Office Equipment Accumulated Depreciation Office Equipment Franchise Accounts Payable Interest Payable Notes Payable Bain, Capital Bain, Withdrawals Sales Revenue 60.000 4.000 50.000 20.000 48,600 310000 24,000 200.000 600,000 15 000 1.935.000 14.050 Interest Revenue Cost of Goods Sold Franchise Fee Expense Salaries Expense Utilities Expense Insurance Expense 841.000 135,450 150.000 12.500 1.500 Sales Revenue 15,000 Interest Revenue 1.935.000 14.050 841.000 135,450 150.000 12.500 1.500 1,414 Cost of Goods Sold Franchise Fee Expense Salaries Expense Utilities Expense Insurance Expense Supplies Expense Bad Debt Expense Bank Expense Credit Card Expense Depreciation Expense-Building Depreciation Expense-Store Fixtures Depreciation Expense-Office Equipment Amortization Expense-Franchise Interest Expense with Cash Short and Over 16.100 1.790 1,300 16,000 4,000 On 20,000 me 5,400 24.000 2 $ 3,139,150 $ 3,139,150 apit Total braet Print Done Reference - S All Around Appliance_Manele Bay Statement of Owner's Equity Year Ended December 31, 2018 Bain, Capital, January 1, 2018 Owner contribution 600.000 Net income for year 718.594 1.318,594 (15.000) Owner withdrawal $ 1,303,594 Bain, Capital, December 31, 2018 December 31, 2018 Assets Current Assets Current Liabilities: Expenses: Intangible Assets Long-term Liabilities: Property, Plant, and Equipment: Revenues: Total Assets Total Current Assets Total Expenses Total Liabilities Total Liabilities and Owner's Equity Total Property, Plant, and Equipment