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Pelle's Auto Parts Company Worksheet December 31, 2019 Adjustments Adjusted Trial Balance Sheet Unadiusted Trial Balance Debit Credit $3.900 33,6001 Debit Credit Debit Credit Debit

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Pelle's Auto Parts Company Worksheet December 31, 2019 Adjustments Adjusted Trial Balance Sheet Unadiusted Trial Balance Debit Credit $3.900 33,6001 Debit Credit Debit Credit Debit Credit Credit 33.600 a) 200 Accounts Receivable Interest Receivable Merchandise Inventory Office Supplies Debit $3,9001 33.600 2001 44.500 6,000 129,100 e) 600 45,100 6,000 129,100 44.5001 6.000 129,100 ) 1670 Accumulated Depreciation Equipment Accounts Payable aries Payable $37,700 16,700 S39,370 16,700 2,700 b) d) 2700 1200 $39,370 16,700 2.700 1.2001 13.00 46,000 52.430 1.2001 13.00 46,000 52.4301 13.800 46,000 52.430 20,000 20.000 20.000 297,000 297,000 0 297,000 200 0 ) 200 Interest R TU Sales Returns and Allows Sales Discount Cost of Goods Sold Salaries Expense Selling) Rent Expense (Selling) She Administrative) Utilities Expense (Administrative) Depreciation pense qu'Adminis Interest Expense - Other T 7,500 29001 162.100 22,900 15,300 5.0101 10.0201 | 0 o S463,630 29001 le) 600 1629001 b) 2700 25.6001 15.3001 5.0101 10,020 |t) 1670 | 1.6701 d ) 1200 1.2001 4636106.3706370469,400469,400 7.500 2.9001 162.9001 25.600 15,3001 5.010 10,0201 1,6701 1.200 2321001 65,100 297,200 297,200 S237,300 Net Income 1 72200 65,100 $237,300 297,200 $237,300 Accounting 113 Project #2 Spring 2020 Name: If you complete this project as a group, list all group members on the project and submit only one project. Due Date: April 23, 2020 Late work will not be accepted. Required: Complete the following requirements for the fiscal year ending December 31, 2019 from the completed worksheet. 1. Journalize the adjusting entries from the worksheet. 2. Prepare a formal Multi-step Income Statement. 3. Prepare the Statement of Owner's Equity. 4. Prepare a Classified Balance Sheet. 5. Journalize the closing entries from the worksheet. Project Requirements: This project is to be neatly typed, and well presented. You may work as a team of 2-3 students if you wish (submit one project with team names on it). Handwritten projects will not be accepted. Make sure to leave a blank line between journal entries. Make sure to use appropriate format for financial statements. Make sure your name is on the bottom of each page

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