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CR Eagle Golf Income Statement For the period ending 12/31 EXPENSES ADJUSTED TRIAL BALANCE ACCOUNT DR CASH 6.900 ACCOUNTS RECEIVABLE 2.700 SUPPLIES 1.300 PREPAID RENT

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CR Eagle Golf Income Statement For the period ending 12/31 EXPENSES ADJUSTED TRIAL BALANCE ACCOUNT DR CASH 6.900 ACCOUNTS RECEIVABLE 2.700 SUPPLIES 1.300 PREPAID RENT 5,500 EQUIPMENT 24,000 ACCUMULATED DEPRECIATION-EQUIPMENT ACCOUNTS PAYABLE INTEREST PAYABLE SALARIES PAYABLE UTILITES PAYABLE UNEARNED REVENUE NOTES PAYABLE COMMON STOCK RETAINED EARNINGS REVENUE SALARIES EXPENSE 3.100 RENT EXPENSE 500 DEPRECIATION EXPENSE 400 INTEREST EXPENSE 100 SUPPLIES EXPENSE 1.000 UTILITIES EXPENSE 900 DIVIDENDS 200 TOTALS 46,600 400 2.300 100 300 900 400 10,000 25.000 TOTAL EXPENSES NET INCOME/LOSS 7200 Eagle Golf Statement of Stockholders' Equity For the period ending 12/31 COMMON STOCK RETAINED EARNINGS 46,600 Eagle Golf Statement of Stockholders' Equity For the period ending 12/31 LIABILITIES ASSETS STOCKHOLDERS' EQUITY TOTAL LIABILITES & STOCKHOLDERS' EQUITY EAGLE GOLF GENERAL JOURNAL DATE ACCOUNTS DESCRIPTION DR CR To close the revenue account 31-Dec RETAINED EARNINGS 0 To close the expense accounts 0

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