Is anyone able to answer the question above. I have templates for each question.
SALES JOURNAL POST INVOICE DATE NO. Page No. 6 ACCOUNT DEBITED ACCTS. REC. DR. COST OF SALE DR. REF SALES CR. INVENTORY CR. 1 1 2 2 3 3 4 4 5 5 6 6 CASH RECEIPTS JOURNAL Page No. 4 POST DATE ACCOUNT CREDITED OTHER REF ACCTS - CR. ACCOUNTS SALES - CR COST/SOLD DR. SALES CASH REC. - CR. INVENTORY CR. DISC. - DR. DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 PURCHASES JOURNAL Page No. 11 POST DATE ACCOUNT CREDITED OTHER ACCOUNTS STORE MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE CR. SUPPLIES DR. INVENORY DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 CASH PAYMENTS JOURNAL CK. DATE NO. Page No. POST ACCOUNT DEBITED OTHER ACCOUNTS MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE DR. INVENTORY CR. 8 CASH CR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 JOURNAL DATE 1 DESCRIPTION Page No. 53 POST REF DEBIT CREDIT Dec. 1 1 2 2 3 4 3 Dec. 3 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 JOURNAL DATE DESCRIPTION Page No. 54 POST REF DEBIT CREDIT 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 Inventory Control Sheet TV A: 52 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV B: 68 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV C: 72 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount PS D: 6 foot x 10 foot Projector System Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount INVENTORY cost per unit Amount INVENTORY cost per unit Amount INVENTORY Units cost per unit Amount INVENTORY Units cost per unit Ending Inventory Value: Amount ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER (CUSTOMERS) Customer Name: Albert Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 10,500 RUNNING BALANCE 10,500 Customer Name: Marie Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 6,125 RUNNING BALANCE 6,125 Customer Name: Cameron Co. DATE TRANSACTION 11/15/12 POST REF SJ 5 DEBIT CREDIT 8,700 RUNNING BALANCE 8,700 Customer Name: McKenzie Co. DATE TRANSACTION 11/27/12 POST REF SJ 5 DEBIT CREDIT 11,750 RUNNING BALANCE 11,750 Customer Name: Randall Co. DATE 11/16/12 TRANSACTION POST REF SJ 5 DEBIT 470 CREDIT RUNNING BALANCE 470 ACCOUNTS PAYABLE SUBSIDIARY LEDGER (VENDERS) Vendor Name: Prince Co. DATE TRANSACTION 11/26/12 POST REF DEBIT CREDIT 9,700 PJ 10 RUNNING BALANCE 9,700 Vendor Name: Joseph Co. DATE TRANSACTION 11/16/12 POST REF DEBIT CREDIT 6,100 PJ 10 RUNNING BALANCE 6,100 Vendor Name: Elisha Co. DATE TRANSACTION 11/29/12 POST REF DEBIT CREDIT 5,650 PJ 10 RUNNING BALANCE 5,650 Vendor Name: Matt Co. TRANSACTION DATE POST REF DEBIT CREDIT RUNNING BALANCE TRANSACTION POST REF DEBIT CREDIT RUNNING BALANCE Vendor Name: DATE Schedule of Accounts Receivable Total Accounts Receivable Schedule of Accounts Payable Total Accounts Payable GENERAL LEDGER Balance Sheet Accounts Cash DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 73,920 Accounts Receivable DATE 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance 11/30/2012 DEBIT CREDIT 3,500 Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance POST REF DEBIT ACCOUNT NO. CREDIT 11/30/2012 ITEM Balance 20,160 ACCOUNT NO. POST REF DEBIT CREDIT 21,450 ACCOUNT NO. POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM Interest Payable DATE 11/30/2012 ITEM 1/1/12 Balance 10,000 ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 89,510 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF 311 BALANCE DEBIT CREDIT 40,000 Income Summary DATE 310 BALANCE DEBIT CREDIT P. Williams, Drawing DATE 220 BALANCE DEBIT CREDIT P. Williams, Capital DATE 218 BALANCE DEBIT CREDIT ACCOUNT NO. Balance 211 BALANCE DEBIT CREDIT ACCOUNT NO. Note Payable DATE 210 BALANCE DEBIT CREDIT Salaries Payable DATE 124 BALANCE DEBIT CREDIT Accounts Payable DATE 123 BALANCE DEBIT CREDIT 100,800 Accumulated Depreciation-Store Equipment DATE BALANCE DEBIT CREDIT 2,850 ITEM 117 ACCOUNT NO. POST REF Store Equipment DATE 116 BALANCE DEBIT CREDIT 3,750 Store Supplies DATE 115 BALANCE DEBIT CREDIT 133,900 Prepaid Insurance 11/30/2012 BALANCE DEBIT CREDIT ITEM DATE 113 ACCOUNT NO. POST REF Merchandise Inventory DATE BALANCE DEBIT CREDIT 37,875 ITEM 112 ACCOUNT NO. POST REF Allowance for Doubtful Accounts DATE 110 BALANCE DEBIT CREDIT DEBIT CREDIT 312 BALANCE DEBIT CREDIT GENERAL LEDGER Income Statement Accounts Sales DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 853,040 Sales Returns and Allowances DATE 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT POST REF DEBIT CREDIT Store Supplies Expense DATE ITEM 11/30/2012 ITEM Balance 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT DEBIT CREDIT Bad Debt Expense DATE ITEM 11/30/2012 ITEM Balance POST REF 11/30/2012 Balance ACCOUNT NO. POST REF 539 BALANCE DEBIT CREDIT 1,650 ITEM 533 BALANCE DEBIT CREDIT ACCOUNT NO. Interest Expense DATE 532 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Administrative Expense DATE 531 BALANCE DEBIT CREDIT 18,600 Insurance Expense DATE 530 BALANCE DEBIT CREDIT 40,500 Rent Expense DATE 529 BALANCE DEBIT CREDIT 2,800 ITEM 523 BALANCE DEBIT CREDIT ACCOUNT NO. Office Salaries Expense DATE 522 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Selling Expense DATE 521 BALANCE DEBIT CREDIT 18,000 Depreciation Expense DATE 520 BALANCE DEBIT CREDIT ACCOUNT NO. POST REF 414,575 74,400 Advertising Expense DATE 510 BALANCE DEBIT CREDIT 414,575 Sales Salaries Expense DATE 412 BALANCE DEBIT CREDIT 13,200 Cost of Merchandise Sold DATE 411 BALANCE DEBIT CREDIT 20,600 Sales Discounts DATE 410 BALANCE DEBIT CREDIT DEBIT CREDIT 550 BALANCE DEBIT CREDIT 240 Alli Co. Worksheet For the Month Ended November 30, 2012 Unadjusted Account Title Trial Balance Dr. Cr. Adjusted Adjustments Dr. Cr. Income Equity Statement Trial Balance Statement and Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. 1 Cash 1 2 Accounts 2 Receivable 3 Allow for Doubtful Accts 4 Merchandise Inventory 5 Prepaid Insurance 6 Store Supplies 7 Store Equipment 8 Accm. Deprec-Store Eq. 9 Accounts Payable 10 Salaries Payable 11 Interest Payable 12 Note Payable (Due 2017) 13 P. Williams, Capital 14 P. Williams, Drawing 15 Sales 16 Sales Returns & Allow. 17 Sales Discounts 18 Cost of Merchandise Sold 19 Sales Salaries Exp. 20 Advertising Exp. 21 Depreciation Exp. 22 Store Supplies Exp. 23 Misc. Selling Exp. 24 Office Salaries Exp. 25 Rent Exp. 27 Insurance Exp. 26 Bad Debt Exp. 28 Misc. Administrative Exp. 29 Interest Expense 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 27 26 28 29 30 30 27 27 28 28 29 29 Alli Co. Income Statement For the Month Ended November 30, 2012 Alli Co. Statement of Owner's Equity For the Month Ended November 30, 2012 Alli Co. Balance Sheet Friday, November 30, 2012 Alli Co. Post-Closing Trial Balance Friday, November 30, 2012 ACCOUNT TITLE DEBIT CREDIT SALES JOURNAL POST INVOICE DATE NO. Page No. 6 ACCOUNT DEBITED ACCTS. REC. DR. COST OF SALE DR. REF SALES CR. INVENTORY CR. 1 1 2 2 3 3 4 4 5 5 6 6 CASH RECEIPTS JOURNAL Page No. 4 POST DATE ACCOUNT CREDITED OTHER REF ACCTS - CR. ACCOUNTS SALES - CR COST/SOLD DR. SALES CASH REC. - CR. INVENTORY CR. DISC. - DR. DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 PURCHASES JOURNAL Page No. 11 POST DATE ACCOUNT CREDITED OTHER ACCOUNTS STORE MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE CR. SUPPLIES DR. INVENORY DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 CASH PAYMENTS JOURNAL CK. DATE NO. Page No. POST ACCOUNT DEBITED OTHER ACCOUNTS MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE DR. INVENTORY CR. 8 CASH CR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 JOURNAL DATE 1 DESCRIPTION Page No. 53 POST REF DEBIT CREDIT Dec. 1 1 2 2 3 4 3 Dec. 3 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 JOURNAL DATE DESCRIPTION Page No. 54 POST REF DEBIT CREDIT 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 Inventory Control Sheet TV A: 52 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV B: 68 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV C: 72 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount PS D: 6 foot x 10 foot Projector System Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount INVENTORY cost per unit Amount INVENTORY cost per unit Amount INVENTORY Units cost per unit Amount INVENTORY Units cost per unit Ending Inventory Value: Amount ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER (CUSTOMERS) Customer Name: Albert Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 10,500 RUNNING BALANCE 10,500 Customer Name: Marie Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 6,125 RUNNING BALANCE 6,125 Customer Name: Cameron Co. DATE TRANSACTION 11/15/12 POST REF SJ 5 DEBIT CREDIT 8,700 RUNNING BALANCE 8,700 Customer Name: McKenzie Co. DATE TRANSACTION 11/27/12 POST REF SJ 5 DEBIT CREDIT 11,750 RUNNING BALANCE 11,750 Customer Name: Randall Co. DATE 11/16/12 TRANSACTION POST REF SJ 5 DEBIT 470 CREDIT RUNNING BALANCE 470 ACCOUNTS PAYABLE SUBSIDIARY LEDGER (VENDERS) Vendor Name: Prince Co. DATE TRANSACTION 11/26/12 POST REF DEBIT CREDIT 9,700 PJ 10 RUNNING BALANCE 9,700 Vendor Name: Joseph Co. DATE TRANSACTION 11/16/12 POST REF DEBIT CREDIT 6,100 PJ 10 RUNNING BALANCE 6,100 Vendor Name: Elisha Co. DATE TRANSACTION 11/29/12 POST REF DEBIT CREDIT 5,650 PJ 10 RUNNING BALANCE 5,650 Vendor Name: Matt Co. TRANSACTION DATE POST REF DEBIT CREDIT RUNNING BALANCE TRANSACTION POST REF DEBIT CREDIT RUNNING BALANCE Vendor Name: DATE Schedule of Accounts Receivable Total Accounts Receivable Schedule of Accounts Payable Total Accounts Payable GENERAL LEDGER Balance Sheet Accounts Cash DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 73,920 Accounts Receivable DATE 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance 11/30/2012 DEBIT CREDIT 3,500 Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance POST REF DEBIT ACCOUNT NO. CREDIT 11/30/2012 ITEM Balance 20,160 ACCOUNT NO. POST REF DEBIT CREDIT 21,450 ACCOUNT NO. POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM Interest Payable DATE 11/30/2012 ITEM 1/1/12 Balance 10,000 ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 89,510 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF 311 BALANCE DEBIT CREDIT 40,000 Income Summary DATE 310 BALANCE DEBIT CREDIT P. Williams, Drawing DATE 220 BALANCE DEBIT CREDIT P. Williams, Capital DATE 218 BALANCE DEBIT CREDIT ACCOUNT NO. Balance 211 BALANCE DEBIT CREDIT ACCOUNT NO. Note Payable DATE 210 BALANCE DEBIT CREDIT Salaries Payable DATE 124 BALANCE DEBIT CREDIT Accounts Payable DATE 123 BALANCE DEBIT CREDIT 100,800 Accumulated Depreciation-Store Equipment DATE BALANCE DEBIT CREDIT 2,850 ITEM 117 ACCOUNT NO. POST REF Store Equipment DATE 116 BALANCE DEBIT CREDIT 3,750 Store Supplies DATE 115 BALANCE DEBIT CREDIT 133,900 Prepaid Insurance 11/30/2012 BALANCE DEBIT CREDIT ITEM DATE 113 ACCOUNT NO. POST REF Merchandise Inventory DATE BALANCE DEBIT CREDIT 37,875 ITEM 112 ACCOUNT NO. POST REF Allowance for Doubtful Accounts DATE 110 BALANCE DEBIT CREDIT DEBIT CREDIT 312 BALANCE DEBIT CREDIT GENERAL LEDGER Income Statement Accounts Sales DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 853,040 Sales Returns and Allowances DATE 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT POST REF DEBIT CREDIT Store Supplies Expense DATE ITEM 11/30/2012 ITEM Balance 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT DEBIT CREDIT Bad Debt Expense DATE ITEM 11/30/2012 ITEM Balance POST REF 11/30/2012 Balance ACCOUNT NO. POST REF 539 BALANCE DEBIT CREDIT 1,650 ITEM 533 BALANCE DEBIT CREDIT ACCOUNT NO. Interest Expense DATE 532 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Administrative Expense DATE 531 BALANCE DEBIT CREDIT 18,600 Insurance Expense DATE 530 BALANCE DEBIT CREDIT 40,500 Rent Expense DATE 529 BALANCE DEBIT CREDIT 2,800 ITEM 523 BALANCE DEBIT CREDIT ACCOUNT NO. Office Salaries Expense DATE 522 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Selling Expense DATE 521 BALANCE DEBIT CREDIT 18,000 Depreciation Expense DATE 520 BALANCE DEBIT CREDIT ACCOUNT NO. POST REF 414,575 74,400 Advertising Expense DATE 510 BALANCE DEBIT CREDIT 414,575 Sales Salaries Expense DATE 412 BALANCE DEBIT CREDIT 13,200 Cost of Merchandise Sold DATE 411 BALANCE DEBIT CREDIT 20,600 Sales Discounts DATE 410 BALANCE DEBIT CREDIT DEBIT CREDIT 550 BALANCE DEBIT CREDIT 240 Alli Co. Worksheet For the Month Ended November 30, 2012 Unadjusted Account Title Trial Balance Dr. Cr. Adjusted Adjustments Dr. Cr. Income Equity Statement Trial Balance Statement and Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. 1 Cash 1 2 Accounts 2 Receivable 3 Allow for Doubtful Accts 4 Merchandise Inventory 5 Prepaid Insurance 6 Store Supplies 7 Store Equipment 8 Accm. Deprec-Store Eq. 9 Accounts Payable 10 Salaries Payable 11 Interest Payable 12 Note Payable (Due 2017) 13 P. Williams, Capital 14 P. Williams, Drawing 15 Sales 16 Sales Returns & Allow. 17 Sales Discounts 18 Cost of Merchandise Sold 19 Sales Salaries Exp. 20 Advertising Exp. 21 Depreciation Exp. 22 Store Supplies Exp. 23 Misc. Selling Exp. 24 Office Salaries Exp. 25 Rent Exp. 27 Insurance Exp. 26 Bad Debt Exp. 28 Misc. Administrative Exp. 29 Interest Expense 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 27 26 28 29 30 30 27 27 28 28 29 29 Alli Co. Income Statement For the Month Ended November 30, 2012 Alli Co. Statement of Owner's Equity For the Month Ended November 30, 2012 Alli Co. Balance Sheet Friday, November 30, 2012 Alli Co. Post-Closing Trial Balance Friday, November 30, 2012 ACCOUNT TITLE DEBIT CREDIT SALES JOURNAL POST INVOICE DATE NO. Page No. 6 ACCOUNT DEBITED ACCTS. REC. DR. COST OF SALE DR. REF SALES CR. INVENTORY CR. 1 1 2 2 3 3 4 4 5 5 6 6 CASH RECEIPTS JOURNAL Page No. 4 POST DATE ACCOUNT CREDITED OTHER REF ACCTS - CR. ACCOUNTS SALES - CR COST/SOLD DR. SALES CASH REC. - CR. INVENTORY CR. DISC. - DR. DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 PURCHASES JOURNAL Page No. 11 POST DATE ACCOUNT CREDITED OTHER ACCOUNTS STORE MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE CR. SUPPLIES DR. INVENORY DR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 CASH PAYMENTS JOURNAL CK. DATE NO. Page No. POST ACCOUNT DEBITED OTHER ACCOUNTS MERCH. REF (SUNDRY) ACCTS - DR. PAYABLE DR. INVENTORY CR. 8 CASH CR. 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 JOURNAL DATE 1 DESCRIPTION Page No. 53 POST REF DEBIT CREDIT Dec. 1 1 2 2 3 4 3 Dec. 3 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 JOURNAL DATE DESCRIPTION Page No. 54 POST REF DEBIT CREDIT 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40 40 41 41 Inventory Control Sheet TV A: 52 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV B: 68 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount Units TV C: 72 inch Flat Screen Television Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount PS D: 6 foot x 10 foot Projector System Purchases Date Units Amount cost per unit Cost of Goods Sold (Sales) Units cost per unit Amount INVENTORY cost per unit Amount INVENTORY cost per unit Amount INVENTORY Units cost per unit Amount INVENTORY Units cost per unit Ending Inventory Value: Amount ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER (CUSTOMERS) Customer Name: Albert Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 10,500 RUNNING BALANCE 10,500 Customer Name: Marie Co. DATE TRANSACTION 11/20/12 POST REF SJ 5 DEBIT CREDIT 6,125 RUNNING BALANCE 6,125 Customer Name: Cameron Co. DATE TRANSACTION 11/15/12 POST REF SJ 5 DEBIT CREDIT 8,700 RUNNING BALANCE 8,700 Customer Name: McKenzie Co. DATE TRANSACTION 11/27/12 POST REF SJ 5 DEBIT CREDIT 11,750 RUNNING BALANCE 11,750 Customer Name: Randall Co. DATE 11/16/12 TRANSACTION POST REF SJ 5 DEBIT 470 CREDIT RUNNING BALANCE 470 ACCOUNTS PAYABLE SUBSIDIARY LEDGER (VENDERS) Vendor Name: Prince Co. DATE TRANSACTION 11/26/12 POST REF DEBIT CREDIT 9,700 PJ 10 RUNNING BALANCE 9,700 Vendor Name: Joseph Co. DATE TRANSACTION 11/16/12 POST REF DEBIT CREDIT 6,100 PJ 10 RUNNING BALANCE 6,100 Vendor Name: Elisha Co. DATE TRANSACTION 11/29/12 POST REF DEBIT CREDIT 5,650 PJ 10 RUNNING BALANCE 5,650 Vendor Name: Matt Co. TRANSACTION DATE POST REF DEBIT CREDIT RUNNING BALANCE TRANSACTION POST REF DEBIT CREDIT RUNNING BALANCE Vendor Name: DATE Schedule of Accounts Receivable Total Accounts Receivable Schedule of Accounts Payable Total Accounts Payable GENERAL LEDGER Balance Sheet Accounts Cash DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 73,920 Accounts Receivable DATE 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance 11/30/2012 DEBIT CREDIT 3,500 Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance POST REF DEBIT ACCOUNT NO. CREDIT 11/30/2012 ITEM Balance 20,160 ACCOUNT NO. POST REF DEBIT CREDIT 21,450 ACCOUNT NO. POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM POST REF DEBIT CREDIT ITEM Interest Payable DATE 11/30/2012 ITEM 1/1/12 Balance 10,000 ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 89,510 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF 311 BALANCE DEBIT CREDIT 40,000 Income Summary DATE 310 BALANCE DEBIT CREDIT P. Williams, Drawing DATE 220 BALANCE DEBIT CREDIT P. Williams, Capital DATE 218 BALANCE DEBIT CREDIT ACCOUNT NO. Balance 211 BALANCE DEBIT CREDIT ACCOUNT NO. Note Payable DATE 210 BALANCE DEBIT CREDIT Salaries Payable DATE 124 BALANCE DEBIT CREDIT Accounts Payable DATE 123 BALANCE DEBIT CREDIT 100,800 Accumulated Depreciation-Store Equipment DATE BALANCE DEBIT CREDIT 2,850 ITEM 117 ACCOUNT NO. POST REF Store Equipment DATE 116 BALANCE DEBIT CREDIT 3,750 Store Supplies DATE 115 BALANCE DEBIT CREDIT 133,900 Prepaid Insurance 11/30/2012 BALANCE DEBIT CREDIT ITEM DATE 113 ACCOUNT NO. POST REF Merchandise Inventory DATE BALANCE DEBIT CREDIT 37,875 ITEM 112 ACCOUNT NO. POST REF Allowance for Doubtful Accounts DATE 110 BALANCE DEBIT CREDIT DEBIT CREDIT 312 BALANCE DEBIT CREDIT GENERAL LEDGER Income Statement Accounts Sales DATE 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT 853,040 Sales Returns and Allowances DATE 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ITEM Balance DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT POST REF DEBIT CREDIT Store Supplies Expense DATE ITEM 11/30/2012 ITEM Balance 11/30/2012 Balance ACCOUNT NO. POST REF DEBIT CREDIT 11/30/2012 ACCOUNT NO. ITEM Balance POST REF DEBIT CREDIT ITEM ACCOUNT NO. POST REF DEBIT CREDIT POST REF DEBIT CREDIT DEBIT CREDIT Bad Debt Expense DATE ITEM 11/30/2012 ITEM Balance POST REF 11/30/2012 Balance ACCOUNT NO. POST REF 539 BALANCE DEBIT CREDIT 1,650 ITEM 533 BALANCE DEBIT CREDIT ACCOUNT NO. Interest Expense DATE 532 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Administrative Expense DATE 531 BALANCE DEBIT CREDIT 18,600 Insurance Expense DATE 530 BALANCE DEBIT CREDIT 40,500 Rent Expense DATE 529 BALANCE DEBIT CREDIT 2,800 ITEM 523 BALANCE DEBIT CREDIT ACCOUNT NO. Office Salaries Expense DATE 522 BALANCE DEBIT CREDIT ACCOUNT NO. Miscellaneous Selling Expense DATE 521 BALANCE DEBIT CREDIT 18,000 Depreciation Expense DATE 520 BALANCE DEBIT CREDIT ACCOUNT NO. POST REF 414,575 74,400 Advertising Expense DATE 510 BALANCE DEBIT CREDIT 414,575 Sales Salaries Expense DATE 412 BALANCE DEBIT CREDIT 13,200 Cost of Merchandise Sold DATE 411 BALANCE DEBIT CREDIT 20,600 Sales Discounts DATE 410 BALANCE DEBIT CREDIT DEBIT CREDIT 550 BALANCE DEBIT CREDIT 240 Alli Co. Worksheet For the Month Ended November 30, 2012 Unadjusted Account Title Trial Balance Dr. Cr. Adjusted Adjustments Dr. Cr. Income Equity Statement Trial Balance Statement and Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. 1 Cash 1 2 Accounts 2 Receivable 3 Allow for Doubtful Accts 4 Merchandise Inventory 5 Prepaid Insurance 6 Store Supplies 7 Store Equipment 8 Accm. Deprec-Store Eq. 9 Accounts Payable 10 Salaries Payable 11 Interest Payable 12 Note Payable (Due 2017) 13 P. Williams, Capital 14 P. Williams, Drawing 15 Sales 16 Sales Returns & Allow. 17 Sales Discounts 18 Cost of Merchandise Sold 19 Sales Salaries Exp. 20 Advertising Exp. 21 Depreciation Exp. 22 Store Supplies Exp. 23 Misc. Selling Exp. 24 Office Salaries Exp. 25 Rent Exp. 27 Insurance Exp. 26 Bad Debt Exp. 28 Misc. Administrative Exp. 29 Interest Expense 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 27 26 28 29 30 30 27 27 28 28 29 29 Alli Co. Income Statement For the Month Ended November 30, 2012 Alli Co. Statement of Owner's Equity For the Month Ended November 30, 2012 Alli Co. Balance Sheet Friday, November 30, 2012 Alli Co. Post-Closing Trial Balance Friday, November 30, 2012 ACCOUNT TITLE DEBIT CREDIT
