Create a trial balance

	Date	Particulars	Debit	Credit
	3-Jan	Salaries Payable	$100,000.00
		Cash		$100,000.00
		( To record paid salaries and wages)
	3-Jan	Cash	$20,750.00
		Accounts Receivables		$20,750.00
		Accounts Payable
		( To record amount received from Northwest bikes)
	3-Jan	Accounts Payable	$23,525.00
		Sales		$23,525.00
		( To record the trading goods inventory billed to Windy City bikes)
	3-Jan	Cost of goods sold	$13,280.00
		Inventory trading goods		$13,280.00
		( To record the cost of trading inventories sold to Windy City bike)
	7-Jan	Inventry- trading goods	$16,544.00
		Inventory- Raw Materials	$18,119.00
		Accounts Payable		$34,663.00
		(To record the goods received from Dallas Bie Basics)
	10-Jan	Accrued Utility Expenses	$988.00
		Cash		$988.00
		( To record the utilities bill paid for M/O)
	10-Jan	No entry
		( For publication of advertising in Italian Cycle Journal)
	10-Jan	Cash	$23,525.00
		Accounts Receivables		$23,525.00
		(To record the amount received from Windy City bikes)
	12-Jan	Accounts Payable	$34,663.00
		Cash		$34,663.00
		( To record the amount paid to Dallas Bikes Classic)
	17-Jan	Accounts Payable	$14,000.00
		Cash		$14,000.00
		( To record the amount paid to Lightbulb accessories kit)
	17-Jan	Accounts Receivables	$128,130.00
		Sales		$128,130.00
		(To record the bicycles sold to Rock Mountain Bikes)
	17-Jan	Cost of goods sold	$79,441.00
		Inventory-Finished goods		$79,441.00
		(To record the cost of trading inventories sold to Rocy Mountain Bikes)
	20-Jan	Bad debt expense	$1,460.00
		Accounts Receivables		$1,460.00
		( To record the amount to be received from Bunky Cycle emporium as uncollectible or written off))
	20-Jan	Accounts Payable	$15,000.00
		Cash		$15,000.00
		(To record paid cash on account)
	31-Jan	Sales Tax Payable	$3,063.00
		Cash		$3,063.00
		(To record paid sales tax)
	Adjusting entries
	31-Jan	Depreciation Expense
		Accumuated Depreciation - Production Machinery
		Accumuated Depreciation - Equipments
		Accumuated Depreciation -Office Furniture
		(record the Depreciation expenses for the M/o Jan, 2015)
	31-Jan	Advertising Expense Dr.	Amount not Given in Question
		To Prepaid Advertising
		(Record the advertising exp. For the M/o Jan 2015 paid in Oct 2014)
	31-Jan	Utilities Exp. Dr.	$996.00
		To Accrued Expenses		$996.00
		(Record the Utilities Expenses accrued for the M/o Jan 2015)
	31-Jan	Supplies Exp. Dr.	Amount not Given in Question
		To Inventory- Operating Supplies
		(record the supplies expenses for the M/o Jan-2015)
	31-Jan	Insurance Exp. Dr.	$2,500.00
		To Prepaid Insurance		$2,500.00
		(Record the Insurance exp. For the M/o Jan 2015)
		Insurance Exp. For Jan 2015 = $15000 / 6 Months = $2500
	31-Jan	Salaries & Wages Exp. Dr.	$100,000.00
		To Payables - Salaries & Wages		$100,000.00
		(Record the salaries payable for the M/o Jan 2105)