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A Company General Journal Entries Trial Balance As of 03/31/20XX \begin{tabular}{|l|r|r} \hline \multicolumn{1}{|c}{ Unadjusted trial balance } \\ \hline \multicolumn{1}{|c|}{ Account } & \multicolumn{1}{c}{ Debit } & \multicolumn{1}{c}{ Credit } \\ \hline Cash & 138,515.00 & \\ \hline Accounts Receivable & 3,500.00 & \\ \hline Prepaid Rent & 950.00 & \\ \hline Office Furniture & 2,750.00 & \\ \hline Office Supplies & 215.00 & \\ \hline Accumulated Depreciation & & 45.83 \\ \hline Notes Payable & & 125,000.00 \\ \hline Accounts Payable & & 135.00 \\ \hline Wages Payable & & 275.00 \\ \hline Owner's Capital & & 17,750.00 \\ \hline Owner Draws & 500.00 & \\ \hline Service Revenue & & \\ \hline Rent Expense & 950.00 & \\ \hline Business License Expense & 250.00 & \\ \hline Depreciation Expense & 45.83 & \\ \hline Insurance Expense & 750.00 & \\ \hline Repairs and Maintenance Expense & 95.00 & \\ \hline Wagertising Expense & 500.00 & \\ \hline Utilities Expense & 275.00 & \\ \hline Total: & 135.00 & \\ \hline \end{tabular} A Company Income Statement For Month ending 3/31/20XX Revenues \begin{tabular}{|c|lr|} \hline Service Revenue & $ & 6,225.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} Operating Expenses: Company Name Statement of Owner's Equity Period Ending 03/31/20XX Beginning Capital on 3/01/20XX Increases to capital Net income/loss: Owner Contributions Subtotal: $20,974.17 Owner Draws Ending Equity as of 03/31/20XX $ 20,474.17 A Company Balance Sheet As of March 31, 20X Assets Liabilities and Owners' Equity Current Assets: Current Liabilities: \begin{tabular}{|l|r|} \hline Cash & 138,515.00 \\ \hline Accounts receivable & 3,500.00 \\ \hline Prepaid rent & 950.00 \\ \hline Office supplies & 215.00 \\ \hline & \\ \hline Total Current Assets & 143,180.00 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Accounts payable & 135.00 \\ \hline Wages payable & 275.00 \\ \hline Total Current Liabilities & 410.00 \\ \hline Long Term Liabilities: & 125,000.00 \\ \hline Note payable & 125,000.00 \\ \hline Total Long Term Liabilities: & \\ \hline & 125,410.00 \\ \hline Total Liabilities: & \\ \hline \end{tabular} Owner's Equity Non-Current Assets: \begin{tabular}{|l|r|} \hline Office furniture & 2,750.00 \\ \hline Less: accumulated depreciation & (45.83) \\ \hline Total Non Current/Fixed Assets & 2,704.17 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Ending equity & 20,474.17 \\ \hline & \\ \hline & \\ \hline Total Equity & 20,474.17 \\ \hline \end{tabular} Total Assets: 145,884.17 Total Liabilities \& Equity 145,884.17 A Company Closing Entries Month ending 03/31/20XX A Company General Journal Entries Trial Balance As of 03/31/20XX \begin{tabular}{|l|r|r} \hline \multicolumn{1}{|c}{ Unadjusted trial balance } \\ \hline \multicolumn{1}{|c|}{ Account } & \multicolumn{1}{c}{ Debit } & \multicolumn{1}{c}{ Credit } \\ \hline Cash & 138,515.00 & \\ \hline Accounts Receivable & 3,500.00 & \\ \hline Prepaid Rent & 950.00 & \\ \hline Office Furniture & 2,750.00 & \\ \hline Office Supplies & 215.00 & \\ \hline Accumulated Depreciation & & 45.83 \\ \hline Notes Payable & & 125,000.00 \\ \hline Accounts Payable & & 135.00 \\ \hline Wages Payable & & 275.00 \\ \hline Owner's Capital & & 17,750.00 \\ \hline Owner Draws & 500.00 & \\ \hline Service Revenue & & \\ \hline Rent Expense & 950.00 & \\ \hline Business License Expense & 250.00 & \\ \hline Depreciation Expense & 45.83 & \\ \hline Insurance Expense & 750.00 & \\ \hline Repairs and Maintenance Expense & 95.00 & \\ \hline Wagertising Expense & 500.00 & \\ \hline Utilities Expense & 275.00 & \\ \hline Total: & 135.00 & \\ \hline \end{tabular} A Company Income Statement For Month ending 3/31/20XX Revenues \begin{tabular}{|c|lr|} \hline Service Revenue & $ & 6,225.00 \\ \hline Total Revenues & & \\ \hline \end{tabular} Operating Expenses: Company Name Statement of Owner's Equity Period Ending 03/31/20XX Beginning Capital on 3/01/20XX Increases to capital Net income/loss: Owner Contributions Subtotal: $20,974.17 Owner Draws Ending Equity as of 03/31/20XX $ 20,474.17 A Company Balance Sheet As of March 31, 20X Assets Liabilities and Owners' Equity Current Assets: Current Liabilities: \begin{tabular}{|l|r|} \hline Cash & 138,515.00 \\ \hline Accounts receivable & 3,500.00 \\ \hline Prepaid rent & 950.00 \\ \hline Office supplies & 215.00 \\ \hline & \\ \hline Total Current Assets & 143,180.00 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Accounts payable & 135.00 \\ \hline Wages payable & 275.00 \\ \hline Total Current Liabilities & 410.00 \\ \hline Long Term Liabilities: & 125,000.00 \\ \hline Note payable & 125,000.00 \\ \hline Total Long Term Liabilities: & \\ \hline & 125,410.00 \\ \hline Total Liabilities: & \\ \hline \end{tabular} Owner's Equity Non-Current Assets: \begin{tabular}{|l|r|} \hline Office furniture & 2,750.00 \\ \hline Less: accumulated depreciation & (45.83) \\ \hline Total Non Current/Fixed Assets & 2,704.17 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Ending equity & 20,474.17 \\ \hline & \\ \hline & \\ \hline Total Equity & 20,474.17 \\ \hline \end{tabular} Total Assets: 145,884.17 Total Liabilities \& Equity 145,884.17 A Company Closing Entries Month ending 03/31/20XX