You are provided with the EOM unadjusted ledger account closing balances Complete with the postings from the Special Journals. Prepare: The Aug 30 Unadjusted trial balance CASH RECEIPTS JOURNAL DEBITS Bank Disc. Allow 87415.90 789.10 Date Aug.1 Date Aug 30 CREDITS Sales A/Rec's 44550.00 43655.00 Account EOM tatals CASH PAYMENTS JOURNAL DEBITS Cheque Other Acc's 19243.00 Date Aug 30 Account EDM tatals CREDITS A/Payable Bank Disc. Rec'd 52945.00 71180.00 1008.00 CP) "Other Expenditures Account Freight inwards 7 Sales salaries Office salaries & Drawings 12 Electricity exp. 14 Sales salaries Office salaries 15 Drawings Delivery op 19 Telephone exp. 21 Sales salaries Office salaries 22 Drawings 26 Legal & Acct Exp 28 Purchases Sales salaries Office salaries FOM totals Other Acc's 200.00 1800.00 700.00 600.00 525.00 1800.00 700.00 790.00 268.00 620.00 1800.00 200.00 saaaa 350.00 5000.00 1800.00 PURCHASE JOURNAL Terms Inv Date Aug 30 Account name EDM tatals Purchases 44350.00 A/Payable 44350.OD Inv Date Aug 30 Account name EDM totals SALES JOURNAL Sales 58395.00 Deliv. Exp 335.00 A/Receivable 58730.00 200.00 19243.00 THE BRIGHT SPOT GENERAL LEDGER CURRENT ASSETS CASH AT BANK Date Particulars Debit Credit Balance Aug-01 Bal b/d $ 40,125.00 30 CRI $ 87,415.90 $ 127,540.90 CP) $ 71,190.00 $ 56,260.90 PLANT ASSETS STORE EQUIPMENT AT COST Debit Credit Date Particulars Aug 01 Bal b/d Balance $ 22,500.00 ACCOUNTS RECEIVABLE CONTROL Debit Credit Balance $ 4,725.00 $ 58,730.DD $ 63,455.00 $ 43,655.00 $ 19,800.00 Date Particulars Aug 01 Bal b/d 30S CRU STORE EQUIPMENT ACCUM. DEPRECIATION Date Particulars Debit Credit Aug 01 Balb/d $ 8,900.00 Balance The Bright Spot. Unadjusted Trial Balance 31/8/20XX Cash at Bank Accounts Receivable Inventory Office Supplies on hand Prepaid rent INVENTORY Debit DELIVERY TRUCK AT COST Debit Credit Credit Date Particulars Aug 01 Bal b/d Balance $ 100,174.00 Date Particulars Aug 01 Bal b/d Balance $ 23,000.00 SUPPLIES ON HAND Debit DELIVERY TRUCK ACCUM. DEPRECIATION Date Particulars Debit Credit Aug 01 Bal b/d $ 6,500.00 Balance Credit Date Particulars Aug-01 Bal b/d GJ - Rubber Barons $ $ Balance 516.00 561.00 $ 45.00 PREPAID RENT Debit Credit Date Particulars Aug-01 Bal bd Prepaid insurance Store Equipment Store Equipment Ace Dpn Delivery Truck Delivery Truck Acc Den Accounts Payable Sales salaries payable Office salaries payable Telephone payable Electricity payable Capital Drawings Sales Discount received Purchases Freight inwards Sales salaries expense Supplies expense Delivery expense Electricity expense Office salaries expense Telephone expense Legal & Acctg. Fees expense Discount allowed TOTAL Balance 500.00 $ PREPAID INSURANCE Debit Credit Date Particulars Aug-01 Bal b/d Balance 800.00 $ OWNER'S EQUITY CAPITAL Debit Credit CURRENT LIABILITIES ACCOUNTS PAYABLE CONTROL Date Particulars Debit Credit Balance Aug 01 Bal b/d $36,150.00 30 PJ & GJ $45 $ 44,395.00$ 80,545.00 CPJ $ 52,945.00 $ 27,600.00 Date Particulars Aug 01 Bal b/d Balance $ 154.940.00 Credit Balance Balance DRAWINGS Debit $ 16,000.00 $ 2,180.00 SALES SALARIES PAYABLE Debit $ $ 900.00 Date Particulars Aug-01 Bal b/d Reversal Date Particulars Aug-01 Bal b/d 30 Bank Credit 900.00 $ 18,180.00 $ INCOME SUMMARY Debit Date Particulars Credit Balance Balance Date Particulars Aug-01 Bal b/d Reversal OFFICE SALARIES PAYABLE Debit $ $ 300.00 Credit 300.00 Balance Date Particulars Aug-01 Bal b/d Reversal TELEPHONE PAYABLE Debit $ $ 400.00 Credit 400.00 Date Balance Particulars Aug-01 Bal b/d Reversal ELECTRICITY PAYABLE Debit $ $ 250.00 Credit 250.00 REVENUE SALES Debit Date Particulars Aug 30 SJ CRJ Credit Balance $ 58,395.00 $ 58,395.00 $ 44,550.00 $ 102,945.00 ADMINISTRATIVE AND OTHER EXPENSES OFFICE SALARIES EXPENSE Date Particulars Debit Credit Aug-01 Reversal $ 300.00 $ 301CP) $ 2,800.00 $ Balance 300.00 2,500.00 DISCOUNT RECEIVED Debit Credit $ 1,008.00 $ Date Particulars Aug-30CP) Balance RENT EXPENSE Debit 1,008.00 Date Particulars Credit Balance COST OF GOODS SOLD Credit Date Particulars Aug-30 PJ CP) (Sparkle Lightg) PURCHASES Debit $ 44,350.00 $ 5,000.00 Balance $ 44,350.00 $ 49,350.00 Date Particulars 1 Reversal Aug-30CP) TELEPHONE EXPENSE Debit $ $ 620.00 Credit 400.00 $ $ Balance 400.00 220.00 FREIGHT INWARDS Debit $ 200.00 Date Particulars Aug-01 CP Credit Balance 200.00 LEGAL AND ACCOUNTING FEES EXPENSE Date Particulars Debit Credit Aug-30 CPJ $ 350.00 Balance 350.00 $ $ SELLING EXPENSES INSURANCE EXPENSE Debit Date Particulars Credit Balance Date Particulars Aug-01 Reversal 30CP) SALES SALARIES EXPENSE Debit $ $ 7,200.00 Credit 900.00 $ $ Balance 900.00 6,300.00 DISCOUNT ALLOWED Debit $ 789.10 Date Particulars Aug-30 CRJ Credit Balance 789.10 SUPPLIES EXPENSE $ Date Particulars Debit Credit Balance Date Particulars Aug-30S DELIVERY EXPENSE Debit $ $ 368.00 Credit 335.00 $ $ Balance 335.00 33.00 Date Particulars Aug-01 Reversal ELECTRICITY EXPENSE Debit $ $ 525.00 Credit 250.00 $ $ Balance 250.00 275.00