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Posted on Jul 20, 2024

Megaflin's Repairs Work Sheet For Month Eruled January 31, 20- begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} hline multirow[b]{2}{*}{ Account Title } & multicolumn{2}{|c|}{ Trial Ualance } & multicolumn{2}{|c|}{ Adjustmeats }

Megaflin's Repairs Work Sheet For Month Eruled January 31, 20- \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Account Title } & \multicolumn{2}{|c|}{ Trial Ualance } & \multicolumn{2}{|c|}{ Adjustmeats } & \multicolumn{2}{|c|}{ Adjusted Trial Batance } & \multicolumn{2}{|c|}{ Income Statement } & \multicolumn{2}{|c|}{ Balance shent } \\ \hline & Debit & Credit & Debit & Credit & Debit & Credit & Debit & Credit & Debit & Credit \\ \hline Cath & 3,750.00 & & & & 3,750,00 & & & & 3,750.00 & \\ \hline Accounts plecervable & 1,450.90 & 4 & & & 1,450.00 & & & & 4,450.00 & \\ \hline Supplies & $00.00 & & & 310.00 & 190.00 & & & & 290.00 & \\ \hline Prepaid thsuranch & 000.00 & & & 240.60 & 660.00 & & & & 660,00 & \\ \hline Delivery Equipment & 3,200,00 & & & & 3,200,00 & & & & 3,200,00 & \\ \hline Accumulated Depredation-Detlvery Cquibeners & & & & 50.00 & & 50.00 & & & & 50.00 \\ \hline Accounts Parable & & 1,210,00 & & & & 1,210,00 & & & & 1,210,00 \\ \hline Waoes Parroble & & & & 410.00 & & +10.00 & & & c. & 410.00 \\ \hline Don Neoattin Capital & & 7,671.00 & & & & 7,671,0 & & & & 7.671 .00 \\ \hline Don Megatflin, Deawing & 1,000,00 & & & & 1,000,00 & & & & 1,000,00 & \\ \hline Repair fees: & & 5,200.00 & & & & 5,200.00 & & 5,200.00 & & \\ \hline Wages Expeast & 2,140,00 & & 410.00 & & 2,550,00 & & 2,550.60 & & & \\ \hline Advertising Expense & 200.00 & & & & 200.00 & & 200.00 & & & \\ \hline Fent Expense & 650.60 & & & & 650.00 & & 650.00 & & & \\ \hline supplies Experse & & & 310.60 & & 310.00 & & 310,00 & & & \\ \hline Phone Experise & 45.00 & & & & 45.00 & & 45.00 & & & \\ \hline Insurance Experses & & & 240,00 & & 240.00 & & 240.00 & & & \\ \hline Gas and on Expense & 220.00 & & & & 210.00 & & 210.60 & & & \\ \hline Depredation Expense-Delivery fauipment & & & 90.60 & & 90.09 & & 90.00 & & & \\ \hline Miscollanvous expense & 25.00 & & -4 & & 30.00 & & 36.00 & & & - \\ \hline & 14,081,00 & 14,051,00 & 1,010.00 & 1,010,00 & 24,541.00 & 14,541.00 & 4.291,00 & 5,200.00 & 10,250.00 & 8.34500 \\ \hline Net Incomen & & & & & & & 909.00 & & & 909.00 \\ \hline & & & & & & & 5,200,00 & 5.200 .60 & 10,250.00 & 10.254 .00 \\ \hline \end{tabular} 1. Joumalize (page 10) and post the adjusting entries. 2. Journalize (page 11) and post the closing entries. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ GENERAL LEDGER } \\ \hline ACCOUNT & & Cash & . & & ACCOUNT NO. & 101 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBIT & CREDIT \\ \hline \multicolumn{7}{|l|}{20=} \\ \hline Jan. 31 & Balance & & & & 3,750,00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & nts Receivab & & & ACCOUNT NO. & 122 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBIT & CREDIT \\ \hline \multicolumn{7}{|l|}{20=} \\ \hline 3an,31 & Balance & & & & 1,450.00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & ery Equipment & 18 & & ACCOUNT NO. & 185 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBII & CREDIT \\ \hline \multicolumn{7}{|l|}{201} \\ \hline Jan. 31 & Balance & & & & 3,200.00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & Accumulated D & reciation-Delivery Equ & & & ACCOUNT NO. & 185.1 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & IIEM & POST. REF. & DEBII & CREDII & DEBII & CREDIT \\ \hline \multicolumn{7}{|l|}{20.} \\ \hline Jan. 31 & & 60 & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & Wages Pavable & iil & & ACCOUNT NO. & 219 \\ \hline & & & & & \multicolumn{2}{|c|}{ BAIANCE } \\ \hline DAII & IIEH & Post. ReY. & DEBN & CHEDI & OCBIY & CREDII \\ \hline 20 & & & & & & \\ \hline an. 31 & & & & & & iili \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & Don Megalfin, Drawing & 4 & & ACCOUNT NO. & 312 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DAII & ITEM & POST. REF. & DEBIT & CREDII & DEBIT & CREDIT \\ \hline 20. & & & & & & \\ \hline pan, 31 & Balance & & & & 1,000.00 & \\ \hline 2an. 31 & & - & & 8 & & \\ \hline \end{tabular} 3. Prepare a post-closing trial balance. Megaflin's Repairs Work Sheet For Month Eruled January 31, 20- \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Account Title } & \multicolumn{2}{|c|}{ Trial Ualance } & \multicolumn{2}{|c|}{ Adjustmeats } & \multicolumn{2}{|c|}{ Adjusted Trial Batance } & \multicolumn{2}{|c|}{ Income Statement } & \multicolumn{2}{|c|}{ Balance shent } \\ \hline & Debit & Credit & Debit & Credit & Debit & Credit & Debit & Credit & Debit & Credit \\ \hline Cath & 3,750.00 & & & & 3,750,00 & & & & 3,750.00 & \\ \hline Accounts plecervable & 1,450.90 & 4 & & & 1,450.00 & & & & 4,450.00 & \\ \hline Supplies & $00.00 & & & 310.00 & 190.00 & & & & 290.00 & \\ \hline Prepaid thsuranch & 000.00 & & & 240.60 & 660.00 & & & & 660,00 & \\ \hline Delivery Equipment & 3,200,00 & & & & 3,200,00 & & & & 3,200,00 & \\ \hline Accumulated Depredation-Detlvery Cquibeners & & & & 50.00 & & 50.00 & & & & 50.00 \\ \hline Accounts Parable & & 1,210,00 & & & & 1,210,00 & & & & 1,210,00 \\ \hline Waoes Parroble & & & & 410.00 & & +10.00 & & & c. & 410.00 \\ \hline Don Neoattin Capital & & 7,671.00 & & & & 7,671,0 & & & & 7.671 .00 \\ \hline Don Megatflin, Deawing & 1,000,00 & & & & 1,000,00 & & & & 1,000,00 & \\ \hline Repair fees: & & 5,200.00 & & & & 5,200.00 & & 5,200.00 & & \\ \hline Wages Expeast & 2,140,00 & & 410.00 & & 2,550,00 & & 2,550.60 & & & \\ \hline Advertising Expense & 200.00 & & & & 200.00 & & 200.00 & & & \\ \hline Fent Expense & 650.60 & & & & 650.00 & & 650.00 & & & \\ \hline supplies Experse & & & 310.60 & & 310.00 & & 310,00 & & & \\ \hline Phone Experise & 45.00 & & & & 45.00 & & 45.00 & & & \\ \hline Insurance Experses & & & 240,00 & & 240.00 & & 240.00 & & & \\ \hline Gas and on Expense & 220.00 & & & & 210.00 & & 210.60 & & & \\ \hline Depredation Expense-Delivery fauipment & & & 90.60 & & 90.09 & & 90.00 & & & \\ \hline Miscollanvous expense & 25.00 & & -4 & & 30.00 & & 36.00 & & & - \\ \hline & 14,081,00 & 14,051,00 & 1,010.00 & 1,010,00 & 24,541.00 & 14,541.00 & 4.291,00 & 5,200.00 & 10,250.00 & 8.34500 \\ \hline Net Incomen & & & & & & & 909.00 & & & 909.00 \\ \hline & & & & & & & 5,200,00 & 5.200 .60 & 10,250.00 & 10.254 .00 \\ \hline \end{tabular} 1. Joumalize (page 10) and post the adjusting entries. 2. Journalize (page 11) and post the closing entries. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ GENERAL LEDGER } \\ \hline ACCOUNT & & Cash & . & & ACCOUNT NO. & 101 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBIT & CREDIT \\ \hline \multicolumn{7}{|l|}{20=} \\ \hline Jan. 31 & Balance & & & & 3,750,00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & nts Receivab & & & ACCOUNT NO. & 122 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBIT & CREDIT \\ \hline \multicolumn{7}{|l|}{20=} \\ \hline 3an,31 & Balance & & & & 1,450.00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & ery Equipment & 18 & & ACCOUNT NO. & 185 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & ITEM & POST. REF. & DEBIT & CREDIT & DEBII & CREDIT \\ \hline \multicolumn{7}{|l|}{201} \\ \hline Jan. 31 & Balance & & & & 3,200.00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & Accumulated D & reciation-Delivery Equ & & & ACCOUNT NO. & 185.1 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DATE & IIEM & POST. REF. & DEBII & CREDII & DEBII & CREDIT \\ \hline \multicolumn{7}{|l|}{20.} \\ \hline Jan. 31 & & 60 & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & Wages Pavable & iil & & ACCOUNT NO. & 219 \\ \hline & & & & & \multicolumn{2}{|c|}{ BAIANCE } \\ \hline DAII & IIEH & Post. ReY. & DEBN & CHEDI & OCBIY & CREDII \\ \hline 20 & & & & & & \\ \hline an. 31 & & & & & & iili \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline ACCOUNT & & Don Megalfin, Drawing & 4 & & ACCOUNT NO. & 312 \\ \hline & & & & & \multicolumn{2}{|c|}{ BALANCE } \\ \hline DAII & ITEM & POST. REF. & DEBIT & CREDII & DEBIT & CREDIT \\ \hline 20. & & & & & & \\ \hline pan, 31 & Balance & & & & 1,000.00 & \\ \hline 2an. 31 & & - & & 8 & & \\ \hline \end{tabular} 3. Prepare a post-closing trial balance