Question
Please Create a Trail Balance To review trial balance for any unusual activity including debit balances in liability accounts or credit balances in asset accounts.
Please Create a Trail Balance
To review trial balance for any unusual activity including debit balances in liability accounts or credit balances in asset accounts.
"Trial Balance with Beginning & Ending Balances" report for all relevant cost centers.
| Account | Description | Balance | Debit | Credit | Balance | MAY DEBITS | ||
| 1003-00 | Cash in Operating Acct | 156,901.06 | 63,312.24 | 93,588.82 | ||||
| 1200-00 | Accounts Receivable | 5,795.50 | 1,661.18 | 7,456.68 | ||||
| 1300-00 | Land | 7,628,114.15 | 7,628,114.15 | |||||
| 1560-00 | Leasing Commissions | 12,332.74 | 8,488.00 | 20,820.74 | ||||
| 1620-00 | Prepaid Insurance | 361.43 | 44.36 | 317.07 | ||||
| 1625-00 | Prepaid Taxes | 4,766.66 | 1,571.42 | 3,195.24 | ||||
| 2000-00 | Accounts Payable | (2,834.74) | 8,227.82 | (11,062.56) | ||||
| 2050-00 | Accrued Expenses | (869.77) | 1,666.16 | (2,535.93) | ||||
| 2070-00 | Accrued Insurance | - | 2,113.42 | (2,113.42) | ||||
| 2080-00 | Due to/fr Prior/New Owner | (658.72) | (658.72) | |||||
| 2108-00 | Note Payable-Fund | (7,300,000.00) | (7,300,000.00) | |||||
| 2225-00 | Accrued Interest-NP | (7,920.00) | 1,980.00 | (9,900.00) | ||||
| 2300-00 | Security Deposits | (19,900.00) | (19,900.00) | |||||
| 2300-20 | Prepaid Rents | (3,100.00) | 1,650.00 | (4,750.00) | ||||
| 3020-00 | Contributions | (731,015.67) | (731,015.67) | |||||
| 3040-50 | Distributions-ROC-Fund | 350,000.00 | 91,000.00 | 441,000.00 | ||||
| 3090-00 | Retained Earnings | (20,143.95) | (20,143.95) | |||||
| 4005-00 | Base Rent | (96,730.00) | 29,502.26 | (126,232.26) | ||||
| 4010-00 | Free Rent | - | 1,500.00 | 1,500.00 | ||||
| 4175-00 | Utility Recovery-Metered | (5,382.58) | 1,533.92 | (6,916.50) | ||||
| 4175-01 | Utility Recovery-Water | (135.18) | (135.18) | |||||
| 5010-00 | Property Taxes-Developed | 4,714.27 | 1,571.42 | 6,285.69 | ||||
| 5090-00 | Other Taxes | - | 309.00 | 309.00 | ||||
| 5110-00 | Insurance-Package | 126.08 | 2,157.78 | 2,283.86 | ||||
| 5210-00 | Utilities-Electric | 11,201.14 | 1,666.16 | 12,867.30 | ||||
| 5220-00 | Utilities-Water & Sewer | 855.08 | 208.06 | 1,063.14 | ||||
| 5570-00 | Signage | 1,057.50 | 1,057.50 | |||||
| 5810-50 | Prop Mgmt Fees-Affiliate | 3,286.00 | 1,000.00 | 4,286.00 | ||||
| 5992-00 | Bank Charges | 167.00 | 60.00 | 227.00 | ||||
| 6431-00 | Legal-Leasing | 2,500.00 | 2,500.00 | - | ||||
| 6431-58 | Legal-Lsg-Affiliate | - | 2,500.00 | 2,500.00 | ||||
| 6440-00 | Other Professional Fees | 572.00 | 572.00 | |||||
| 7215-00 | Interest Expense-NP | 5,940.00 | 1,980.00 | 7,920.00 | ||||
| Total: | 114,101.60 | 114,101.60 | ||||||
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Statistical Audit Automation The Principles Of Statistical Sampling Of Business Accounts
Authors: Nathan Poeschl
1st Edition
B0B17YP1SR, 979-8829041991
