Hello, I am finish working on my worksheet for Sound Bytes Electronics and I need help with the Income Statement, Statement of Changes in Owners Equity and a Balance Sheet. I was wondering if you could help me?
This is the worksheet that I did:
Worksheet Credit 11.9 Account Titles 101 Bank Account Chequing 120 Accounts Receivable - 122 Merchandise Inventory 124 Store Supplies on Hand 128 Prepaid Insurance 161 Store Equipment 162 Accum Deprec Store Equip 210 Accounts Payable 220 Accrued Payables 241 HST on Sales 243 HST on Purc/Sery 261 Bank Loan Payable Long Term) 310 Capital John Stammers 315 Drawings John Stammers 401 Sales. Electronic Devices 403 Sales - Music CDs 405 Sales - Movies 407 Sales - Other 421 Sales - Returns 423 Sales - Discounts 510 Cost of Goods Sold 516 Purchase - Discounts 521 Rent Expense 523 Store Salaries Expense 627 Store Supplies Expense 529 Insurance Expense 531 Hydro and Water Expense 533 Depreciation Exp Store Equip 535 Advertising Expense 572 Miscellaneous Other Expense 574 Bank Charges/Interest Expense 576 Bookkeeping Expense Totals Name Sound Bytes Electronics Worksheet April 30, 2018 Balance Sheet & Adjusted Statement of Trial Balance Adjustments Trial Balance Income Statement Owner's Equity Debit Debit Debit Credit Debit Credit Debit Credit 4.081.20 10.0040720 1.708.00 708.00 1708.00 12,969,43 112,969.43 2.99.43 482700 128.00 450.00 354.00 29,500.00 150.00 Boo 00 300.00 29.500.00 208.00 17,550.00 29,500.00 07.1 1 808.00 IZA753.00 . SO,00 0.00 330.00 220.00 226,20 226. 20 226.20 1,157.00 157.00 6,600.00 1.157.00 ILUDO. OD 6,938.00 6600.00 3.231.00 6.938.60 693800 33.795.00 3 231. 3,231.00 33,795.00 24.901.00 33, 795.30 124,90. OD 19,850.00 24.901.00 119.850.00 19.850.00 1,005.00 0.005.00 840.00 1.005.00 940.00 $40.00 1.375.00 1.375.00 1.375.00 89.900757 39.900,57 39.900, 51 806.001 Colpo 6.000.00 Solo.co Le 000.05 3.762.00 Lo000.00 3.762.00 3.762.00 470.00 128.00 598.00 5A8.00 450.00 100.00 600.00 856.00 330.00 1,18.00 1,350.00 11 Slo. Do 208 00 1,558.00 4,040.00 1,558.00 4.040.00 HOLDS 195 00 1195.00 1195.00 262.00 10.00 272.00 272.00 400.00 400.00 400.00 113.479.20 113,479.20 19:20 826.00 2. 0 82.00 114,017,2014,017.20 60,720.57 80,357,00 3,290,43 33,60.20 119,630.431 19,630.431 180,357.00 $0,357.00 53, 290.63 53.290.63 Worksheet Credit 11.9 Account Titles 101 Bank Account Chequing 120 Accounts Receivable - 122 Merchandise Inventory 124 Store Supplies on Hand 128 Prepaid Insurance 161 Store Equipment 162 Accum Deprec Store Equip 210 Accounts Payable 220 Accrued Payables 241 HST on Sales 243 HST on Purc/Sery 261 Bank Loan Payable Long Term) 310 Capital John Stammers 315 Drawings John Stammers 401 Sales. Electronic Devices 403 Sales - Music CDs 405 Sales - Movies 407 Sales - Other 421 Sales - Returns 423 Sales - Discounts 510 Cost of Goods Sold 516 Purchase - Discounts 521 Rent Expense 523 Store Salaries Expense 627 Store Supplies Expense 529 Insurance Expense 531 Hydro and Water Expense 533 Depreciation Exp Store Equip 535 Advertising Expense 572 Miscellaneous Other Expense 574 Bank Charges/Interest Expense 576 Bookkeeping Expense Totals Name Sound Bytes Electronics Worksheet April 30, 2018 Balance Sheet & Adjusted Statement of Trial Balance Adjustments Trial Balance Income Statement Owner's Equity Debit Debit Debit Credit Debit Credit Debit Credit 4.081.20 10.0040720 1.708.00 708.00 1708.00 12,969,43 112,969.43 2.99.43 482700 128.00 450.00 354.00 29,500.00 150.00 Boo 00 300.00 29.500.00 208.00 17,550.00 29,500.00 07.1 1 808.00 IZA753.00 . SO,00 0.00 330.00 220.00 226,20 226. 20 226.20 1,157.00 157.00 6,600.00 1.157.00 ILUDO. OD 6,938.00 6600.00 3.231.00 6.938.60 693800 33.795.00 3 231. 3,231.00 33,795.00 24.901.00 33, 795.30 124,90. OD 19,850.00 24.901.00 119.850.00 19.850.00 1,005.00 0.005.00 840.00 1.005.00 940.00 $40.00 1.375.00 1.375.00 1.375.00 89.900757 39.900,57 39.900, 51 806.001 Colpo 6.000.00 Solo.co Le 000.05 3.762.00 Lo000.00 3.762.00 3.762.00 470.00 128.00 598.00 5A8.00 450.00 100.00 600.00 856.00 330.00 1,18.00 1,350.00 11 Slo. Do 208 00 1,558.00 4,040.00 1,558.00 4.040.00 HOLDS 195 00 1195.00 1195.00 262.00 10.00 272.00 272.00 400.00 400.00 400.00 113.479.20 113,479.20 19:20 826.00 2. 0 82.00 114,017,2014,017.20 60,720.57 80,357,00 3,290,43 33,60.20 119,630.431 19,630.431 180,357.00 $0,357.00 53, 290.63 53.290.63
