Brodeur Enterprises Worksheet For the year ended December 31, 20-- Account No. Trial Balance Adjustments Income Statement Debit Credit Debit Credit Debit Credit Debit Balance Sheet Credit Cash 100 3 000 3 000 Accounts Receivable 102 2 000 Merch. Inventory Jan 1 120 50 000 50 000 47 000 2 000 47 000 Allowance for Bad Debts 103 100 (b) 1 500 1 600 Supplies 131 2 000 (a) 600 Equipment 141 10 000 1 400 10 000 Acc. Depr. Equipment 142 1 720 (c) 1 656 3 376 Accounting Assignment Class comments Accounts Payable 200 Bank Loan 221 3 000 4 000 P. Brodeur, Capital 300 37 080 P. Brodeur, Drawings 301 7 000 Sales 400 350 000 Purchases 500 146 000 Advertising 510 5 000 Office Expenses 511 4 900 Store Expenses 512 15 000 Interest Expenses 513 1 000 (d) 400 Office Salaries 514 30 000 (e) 1 200 Store Salaries 515 120 000 under 395 900 395 900 Supplies Expense 516 Bad Debts Expense 517 Depr. Exp. - Equipment 518 Interest Payable 222 Salaries Payable 223 Net Income Mr. Logozzo 3 000 4 000 37 080 7 000 350 000 146 000 5 000 (a) 600 (b) 1 500 (c) 1656 5 356 (d) 400 (e) 1 200 4 900 15 000 1 400 31 200 120 000 600 1 500 1656 400 1 200 5 356 377 256 397 000 70 400 50 656 19 744 19 744 397 000 397 000 70 400 70 400