Summerset Fencing Trial Balance June 3, 2022 Account Titles Debit Credit Cash Short-Term Investments Accounts Receivable Raw and In-Process Inventory Prepaid Insurance Prepaid Rent Office Supplies Office Equipment Accum. Deprec., Office Equip. Shop Equipment Accum. Deprec., Shop Equip. Trucks Accum. Depreciation, Trucks 34,596.00 30,500.00 77,118.45 6,975.00 4,780.00 19,800.00 1,253.00 36,893.00 16,729.00 128, 525.00 32,800.00 36,759.00 25, 125.00 25, 125.00 180,000.00 99, 145.00 32,383.00 18,000.00 100.00 Accum. Depreciation, Trucks Factory Accum. Depreciation, Factory Shipping Facility Acc.. Deprec., Shipping Facility Manufacturing Overhead Accounts Payable Notes Payable Dividends Payable Mortgage Note Payable Common Stock Retained Earnings Dividends Declared Custom Fence and Gate Sales Cost of Goods Sold Office Salaries and Wages Exp. Truck Operating Expense Advertising Expense Credit Card Expense Rent Expense General 58, 021.20 28,000.00 15,000.00 6,800.00 250,000.00 42,353.75 15,000.00 182,534.00 123,496.00 13,616.00 964.00 2, 449.00 169.00 3,284.00 10,951.00 469.00 865.00 65.14 447.00 1,184.00 110.00 Bad Debt Expense Utilities Expense General Telephone Expense General Bank Service Charges License Expense Professional Services Expense Miscellaneous Expense Interest Earned Dividends Earned Gain on Sale of Assets Gain on Short-Term Investments Miscellaneous Revenue Income Tax Expense Interest Expense Discounts Lost L033 on Sale/Disposal of Assets Los on Short-Term Investments 825.87 498.48 120.00 901.00 523.00 13,182.00 632.28 125.43 450.00 235.00 Total 777, 376.30 777, 376.30 Summerset Fencing Trial Balance June 3, 2022 Account Titles Debit Credit Cash Short-Term Investments Accounts Receivable Raw and In-Process Inventory Prepaid Insurance Prepaid Rent Office Supplies Office Equipment Accum. Deprec., Office Equip. Shop Equipment Accum. Deprec., Shop Equip. Trucks Accum. Depreciation, Trucks 34,596.00 30,500.00 77,118.45 6,975.00 4,780.00 19,800.00 1,253.00 36,893.00 16,729.00 128, 525.00 32,800.00 36,759.00 25, 125.00 25, 125.00 180,000.00 99, 145.00 32,383.00 18,000.00 100.00 Accum. Depreciation, Trucks Factory Accum. Depreciation, Factory Shipping Facility Acc.. Deprec., Shipping Facility Manufacturing Overhead Accounts Payable Notes Payable Dividends Payable Mortgage Note Payable Common Stock Retained Earnings Dividends Declared Custom Fence and Gate Sales Cost of Goods Sold Office Salaries and Wages Exp. Truck Operating Expense Advertising Expense Credit Card Expense Rent Expense General 58, 021.20 28,000.00 15,000.00 6,800.00 250,000.00 42,353.75 15,000.00 182,534.00 123,496.00 13,616.00 964.00 2, 449.00 169.00 3,284.00 10,951.00 469.00 865.00 65.14 447.00 1,184.00 110.00 Bad Debt Expense Utilities Expense General Telephone Expense General Bank Service Charges License Expense Professional Services Expense Miscellaneous Expense Interest Earned Dividends Earned Gain on Sale of Assets Gain on Short-Term Investments Miscellaneous Revenue Income Tax Expense Interest Expense Discounts Lost L033 on Sale/Disposal of Assets Los on Short-Term Investments 825.87 498.48 120.00 901.00 523.00 13,182.00 632.28 125.43 450.00 235.00 Total 777, 376.30 777, 376.30
