Unadjusted TB Debit Credit 17,416.67 Adjusted TB Debit Credit 17,416.67 Post-Closing TB Debit Credit 17,416.67 7,395.00 595.00 365.00 200.00 3,200.00 1,800.00 10,000.00 7,395.00 595.00 43.00 150.00 2,400.00 1,500.00 10,000.00 7,395.00 595.00 43.00 150.00 2,400.00 1,500.00 10,000.00 166.67 166.67 13,000.00 13,000.00 13,000.00 200.00 200.00 900.00 900.00 900.00 25.00 25.00 Sweaty Bands, Inc. Account Names Cash Account Receivable Inventory - Orange Headbands Inventory - Blue Headbands Office Supplies Store Supplies Prepaid Rent Prepaid Insurance Store & Office Equipment Accumulated Depreciation - Store & Office Equipment Furniture & Fixtures Accumulated Depreciation - Furniture & Fixtures Computer Equipment Accumulated Depreciation - Computer equipment Account Payable Note Payable - Wells Fargo Bank Note Payable - Store & Office Supply Wages Payable Interest Payable Sales Tax Payable Utility Payable Common Stock Retained Earnings Dividends Sales Cost of goods sold Legal expense Store Supplies expense Office Supplies expense Insurance expense Wages expense Delivery expense Advertising and Promotion expense 7,000.00 9,166.67 7,000.00 9,166.67 1,550.00 35.00 7,000.00 9,166.67 1,550.00 35.00 277.23 25,000.00 277.23 25,000.00 277.23 25,000.00 9,979.10 100.00 100.00 30,990.00 30,990.00 15,560.00 350.00 15,560.00 350.00 50.00 322.00 300.00 1,550.00 375.00 850.00 375.00 850.00 Acts DuteDbDate Cred Date Doba Dute Code Date D ute 2 $25.000 22 2 55.95 - S 100 . 016 $ 5500 $ 2.500 $ 100 SS L SSD 15. 2 2008 $ 350 More Office Equipment m ed Depreciation for wted Depreciation Store & Office Equi HS 167 Computer met Prable Note Patie Wet Fargo Bank S 167 Bal. multed Depreciation - Computer equipe A 31-Jan $ 25 20- 200 22-Jan $ 16,000 23- 3400 SS 16- 14.a 200 5.500 $ Peale Interest Payable Sales Tax Payable supply $10.000 a $9.167 Dividends 100 31 1 - 15- 600 $ 5.500 Cost of goods sold 4 .000 $ 2750 15- 254 255 2150 SO Part Four Instructions In this part of the practice set, the student will prepare a Bank Reconciliation for the month of January. Start by using the ending balance in your cash account for the cash for your books and the ending balance on the bank statement for the bank balance. Requirements 1. Correct Errors: Correct any errors that you made on the journal entries. Both the debits and the credits must equal each other. 2. Bank Reconciliation: Using the cash balance per books and the bank statement, prepare a bank reconciliation. 3. Record Bank Reconciliation Adjustments: After you have prepared the bank reconciliation you must make any adjusting journal entries to your cash account by entering them in the general journal of the practice set so that the general ledger cash account agrees with the bank reconciliation 4. Assume that any errors are made by the bank. 5. After preparing the bank reconciliation answer the questions in Blackboard and then staple the bank reconciliation to the back cover. Part Four Instructions AW In this part of the practice set, the student will prepare a Bank Reconciliation for the month of January. Start by using the ending balance in your cash account for the cash for your books and the ending balance on the bank statement for the bank balance. Requirements 1. Correct Errors: Correct any errors that you made on the journal entries. Both the debits and the credits must equal each other. 2. Bank Reconciliation: Using the cash balance per books and the bank statement, prepare a bank reconciliation 3. Record Bank Reconciliation Adjustments: After you have prepared the bank reconciliation you must make any adjusting journal entries to your cash account by entering them in the general journal of the practice set so that the general ledger cash account agrees with the bank reconciliation. 4. Assume that any errors are made by the bank. 5. After preparing the bank reconciliation answer the questions in Blackboard and then staple the bank reconciliation to the back cover. Part Four Instructions N S OBFIAT In this part of the practice set, the student will prepare a Bank Reconciliation for the month of January. Start by using the ending balance in your cash account for the cash for your books and the ending balance on the bank statement for the bank balance. Requirements OSOSOIO 1. Correct Errors: Correct any errors that you made on the journal entries. Both the debits and the credits must equal each other. 2. Bank Reconciliation: Using the cash balance per books and the bank statement, prepare a bank reconciliation. 3. Record Bank Reconciliation Adjustments: After you have prepared the bank reconciliation you must make any adjusting journal entries to your cash account by entering them in the general journal of the practice set so that the general ledger cash account agrees with the bank reconciliation. 4. Assume that any errors are made by the bank. 5. After preparing the bank reconciliation answer the questions in Blackboard and then staple the bank reconciliation to the back cover