balance sheet of NE COMPANY

NE Company FINAL TRIAL BALANCE, JANUARY 31, 2005 GENERAL LEDGER Page 2 Account Name G/L Account Number Debit Credit Balance forward 780.656.03 Provincial Sales Tax Payable 2065 142,099.37 3,210.05 2070 1,818.61 2071 2,817.09 2075 GST Input Tax Credits Receivable GST Payable Payroll Clearing Long-Term Debt Sally Gosling, Capital Sally Gosling, Drawings 2110 165,000.00 3010 552,314.10 3020 100,000.00 Sales 4000 40,725.00 Sales Returns & Allowances 4010 1,289.00 Sales Discounts 4020 752.00 Interest Revenue 4100 Purchases 5000 18,000.00 Purchase Returns & Allowances 5010 1,200.00 Purchase Discounts 5020 1,800.00 Salaries and Wages 6010 1,445.89 Employer's Payroll Deductions 6020 95.08 Rent 6030 800.00 Repairs & Maintenance 6040 562.00 Balance forward 905.418.61 909.165.61 22 linbhles NE Company FINAL TRIAL BALANCE, JANUARY 31, 2005 GENERAL LEDGER Page 2 Account Name G/L Account Number Debit Credit Balance forward 780.656.03 Provincial Sales Tax Payable 2065 142,099.37 3,210.05 2070 1,818.61 2071 2,817.09 2075 GST Input Tax Credits Receivable GST Payable Payroll Clearing Long-Term Debt Sally Gosling, Capital Sally Gosling, Drawings 2110 165,000.00 3010 552,314.10 3020 100,000.00 Sales 4000 40,725.00 Sales Returns & Allowances 4010 1,289.00 Sales Discounts 4020 752.00 Interest Revenue 4100 Purchases 5000 18,000.00 Purchase Returns & Allowances 5010 1,200.00 Purchase Discounts 5020 1,800.00 Salaries and Wages 6010 1,445.89 Employer's Payroll Deductions 6020 95.08 Rent 6030 800.00 Repairs & Maintenance 6040 562.00 Balance forward 905.418.61 909.165.61 22 linbhles