Grizzlies, Inc.

Worksheet

For the Year Ended December 31, 2014

Unadjusted Adjusted

Account Title Trial Balance Adjustments Trial Balance Income Stmt Balance Sheet

Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.

Cash 36,000

Accounts Receivable 277,000

Inventory 242,500

Prepaid Insurance 12,200

Prepaid Rent 3,500

Store Supplies -

Shop Supplies 6,550

Store Equipment 120,000

Accumulated Depreciation - Store Equipment 20,000

Office Equipment 32,000

Accumulated Depreciation - Office Equipment 1,800

Accounts Payable 49,000

Salaries Payable

Interest Payable

Utilities Payable

Unearned Consulting Revenue 35,000

Unearned Rent Revenue 14,400

Note Payable 30,000

Common Stock 300,000

Retained Earnings 189,350

Dividends 12,000

Sales Revenue 564,250

Consulting Revenue

Rent Revenue

Interest Revenue

Sales Salaries Expense 275,000

Office Salaries Expense 150,000

Miscellaneous Administrative Expense 5,650

Miscellaneous Selling Expense 13,900

Depreciation Expense - Store Equipment

Depreciation Expense - Office Equipment

Store Supplies Expense 17,500

Shop Supplies Expense

Rent Expense

Insurance Expense

Interest Expense

Utilities Expense-Store

Utilities Expense-Office

1,203,800 1,203,800

Net Income

1. On the