I am unsure how to fill out the trial balance sheet. These are the data tables I have filled out.
July
August
September
Trial balance
Peyton Approved General Journal Entries Jul-18 Credit Date Accounts 1-Jul Cash Common Stock Debit 10,000.00 10,000.00 1-Jul supplies A/c DR to vendor Alc 6,500.00 6,500.00 3-Jul cash A/c Dr to 6% note payable A/C 10,000.00 10,000.00 7-Jul lease rent A/c Dr lease security A/c Dr to cash Alc 1,500.00 1,500.00 3,000.00 375.00 10-Jul License exp A/c Dr to cash A/C 375.00 250.00 11-Jul misc A/c Dr to cash Alc 250.00 13-Jul baking equipment A/c Dr to common stock Alc 6,000.00 6,000.00 200.00 13-Jul advertisement A/c Dr to cash Alc 200.00 14-Jul Office Supplies to cash Alc 300.00 300.00 30-Jul telephone bill A/c Dr to telephone bill payable Alc 75.00 75.00 31-Jul prepaid insurnce A/c Dr to cash Alc 2,400.00 2.400.00 31-Jul 31-Jul cash A/c Dr account receivable A/c Dr to sales Alc 10,000.00 5,000.00 15,000.00 Total 54,100.00 54,100.00 Peyton Approved General Journal Entries Aug-18 Date Credit Accounts Salaries payable cash Debit 120.00 Aug. 5 120.00 Aug. 8 3,800.00 cash accounts recievable 3,800.00 75.00 Aug. 10 accounts payable cash 75.00 5,000.00 Aug. 15 baking supplies accounts payable 5,000.00 480.00 Aug, 15 salaries expense salaries payable 480.00 1,500.00 Aug. 15 rent expense cash 1,500.00 3,000.00 Aug. 18 cash accounts receivable 3,000.00 8,500.00 Aug, 20 accounts payable cash 8,500.00 480.00 Aug, 20 salaries payable cash 480.00 300.00 Aug, 22 office supplies cash 300.00 75.00 Aug, 31 telephone expense accounts payable 75.00 420.00 Aug, 31 salaries expense salaries payable 420.00 Aug, 31 cash accounts receivable sales 12,500.00 7,500.00 20,000.00 Total 43,750.00 $ 43,750.00 Peyton Approved General Journal Entries Sep-18 Accounts Credit Date 1-Sep Udend cash Debit STOJO00 $10,000 5-Sep Wages payable $420 $420 160 7-Sep merchandise inventory cash $60 $4,000 8-Sep cash acoounts recievable $4,000 10-Sep utiles payable accounts payable cash $7,000 11-Sep baking supplies accounts payable $7.000 $5,000 13-Sep accounts payable cash $5.000 $456 15-Sep wages expense wages payable $458 $1.500 15-Sep lent expense cash 1500.00 $58 15 Sep cash sales $68 $48 15-Sep cost of merchandise sold merchandies inventory $48 $122 #####merchandise inventory cash $122 $456 *#*#Wages payable cash $456 $153 ##**#cash sales $153 $103.60 ##### cost of merchandise sold merchandise inventory $109.60 $15125 ### merchandise inventory cash $15125 $480 ## wages expense wages payable $480 # Cash Bocounts recievable baking supplies $14.000 36.000 $20.000 TL AMA RAMAL Peyton Approved Trial Balance 2018 Unadjusted trial balance Debit Credit Adjusting entries Debit Credit Adjusted trial balance Debit Credit 250.00 250.00 Account Cash Baking Supplies Merchandise Inventory (FIFO) Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Notes Payable Interest Payable Accounts Payable Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies Expense Rent Expense Interest Expense Insurance Expense Depreciation Expense Misc. Expense Office Supplies Expense Business License Expense Advertising Expense Wages Expense Telephone Expense COGS (FIFO) 250.00 250.00 Total: (FIFO) 250.00 250.00 250.00 250.00
