mtolias
Oct 5, 2008, 08:47 PM
This is what I have completed so far, can some one please help me with the work sheet please.
Student Name:
Class:
Problem 07C
COLO COMPANY
Sales Journal
AR Debit COGS
Inv. Trans. Sales Debit
Date Account Debited No. No. Credit Inv. Credit
May 2 Hensel Company 8785 83 6,100 4,100
16 Hensel Company 8786 84 3,990 1,890
22 Lee Services 8787 85 6,850 4,990
26 Crane Corp. 8788 86 14,210 8,230
31 Totals 31,150 19,210
^ Correct! ^Correct!
COLO COMPANY
Purchases Journal
Accounts Office Other
Inv. Trans. Payable Inventory Supplies Accounts
Date Account Date Terms No. Credit Debit Debit Debit
May 4 Store Supp./Gear Supp. 5/4 n/10, EOM 78 37,729 37,072 83 574
10 Off. Equip./Gear Supp. 5/10 n/10, EOM 79 4,074 4,074
11 Garcia, Inc. 5/10 n/30, n/30 80 8,800 8,800
17 Fink Corp. 5/14 2/10, n/60 81 13,650 13,650
24 Store Supp./Gear Supp. 5/24 n/10, EOM 82 9,030 8,120 280 630
25 Peyton Products 5/23 2/10, n/30 83 3,080 3,080
31 Totals 76,363 70,722 363 5,278
^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
Cash Receipts Journal
Sales Accts. Other COGS
Trans. Cash Discount Recv. Sales Accts. Debit
Date Account Cr. Explanation No. Debit Debit Credit Credit Credit Inv. Credit
May 5 Knox, Inc. Sale of April 28 81 4,459 91 4,459 91
9 Store Supplies Sold store supplies 82 350 350
11 Hensel Company Sale of May 2 83 5,978 122 5,978 122
15 Sales Cash sales, 84 59,220 59,220 38,200
May 1-15
30 Lee Services Sale of May 22 85 6,713 137 6,713 137
31 Sales Cash Sales, 86 66,052 66,052 42,500
May 16-31
31 Totals 142,772 350 17,500 125,272 350 80,700
^ Correct! ^ Correct! ^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
Cash Disbursements Journal
Other Accts.
Check Account Trans. Cash Inventory Accts. Pay.
Date No. Payee Debited No. Credit Credit Debit Debit
May 1 3410 S&P Mgmt. Co. Rent Exp., Selling 76 2,968 2,968
Rent Exp., Office 742 742
8 3411 Peyton Products Peyton Products 77 6,174 126 6,300
15 3412 Payroll Sales Salaries Exp. 78 5,320 5,320
Office Salaries Exp. 3,150 3,150
19 3413 Garcia, Inc. Garcia, Inc. 79 8,624 176 8,800
23 3414 Fink Corp. Fink Corp. 80 13,377 273 13,650
26 3415 Perennial Power Utilities Exp. 81 1,283 1,283
29 3416 Jenny Colo J. Colo, Withdrawals 82 7,000 7,000
30 3417 Payroll Sales Salaries Exp. 83 5,320 5,320
Office Salaries Exp. 3,150 3,150
Totals 57,108 575 28,933 28,750
^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
General Journal
Trans.
Date Description No. Debit Credit
May 2 Sales Returns and Allowances 65 175
Accounts Receivable-Knox, Inc. 175 «- Correct!
3 Accounts Payable-Peyton Products 66 798
Inventory 798 «- Correct!
12 Accounts Payable-Gear Supply Co. 67 854
Office Equipment 854 «- Correct!
Adjusting entries
May 31 Insurance Expense 68 553
Prepaid Insurance 553 «- Correct!
31 Store Supplies Expense 69 669
Store Supplies 669 «- Correct!
31 Office Supplies Expense 70 289
Office Supplies 289 «- Correct!
31 Depreciation Expense, Store Equip. 71 567
Accumulated Depr., Store Equip. 567 «- Correct!
31 Depreciation Expense, Office Equip. 72 329
Accumulated Depr., Office Equip. 329 «- Correct!
Closing entries
May 31 Income Summary 73 124,775
Sales Discounts 350 «- Correct!
Sales Returns and Allowances 175 «- Correct!
Cost of Goods Sold 99,910 «- Correct!
Depr. Expense, Office Equipment 329 «- Correct!
Depr. Expense, Store Equipment 567 «- Correct!
Office Salaries Expense 6,300 «- Correct!
Sales Salaries Expense 10,640 «- Correct!
Insurance Expense 553 «- Correct!
Rent Expense, Office Space 742 «- Correct!
Rent Expense, Selling Space 2,968 «- Correct!
Office Supplies Expense 289 «- Correct!
Store Supplies Expense 669 «- Correct!
Utilities Expense 1,283 «- Correct!
31 Sales 74 156,422
Income Summary 156,422 «- Correct!
31 Income Summary 75 31,647
J. Colo, Capital 31,647 «- Correct!
31 J. Colo, Capital 76 7,000
J. Colo, Withdrawals 7,000 «- Correct!
COLO COMPANY
General Ledger
Cash Account No. 101
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 50,247
May 31 CRJ
31 CDJ 135,911 «- Correct!
Accounts Receivable Account No. 106
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 4,725
May 2 JG65 175 4,550
31 SJ 31,150 35,700
31 CRJ 17,500 18,200 «- Correct!
Merchandise Inventory Account No. 119
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 220,080
May 31 GJ66
31 CDJ
31 PJ
31 CRJ
31 SJ 189,519 «- Correct!
Office Supplies Account No. 124
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 430
May 31 PJ
31 GJ70 504 «- Correct!
Store Supplies Account No. 125
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 4 PJ78
9 CR82
24 PJ82
31 GJ69 2,632 «- Correct!
Prepaid Insurance Account No. 128
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ68 2,765 «- Correct!
Office Equipment Account No. 163
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 10 PJ79
12 GJ67 25,690 «- Correct!
Accumulated Depreciation, Office Equipment Account No. 164
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ72 10,227 «- Correct!
Store Equipment Account No. 165
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 38,920
Accumulated Depreciation, Store Equipment Account No. 166
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ71 18,123 «- Correct!
Accounts Payable Account No. 201
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 3 GJ66
12 GJ67
31 PJ
31 CDJ 53,059 «- Correct!
Jenny Colo, Capital Account No. 301
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 308,085
May 31 GJ75
31 GJ76 332,732 «- Correct!
Jenny Colo, Withdrawals Account No. 302
Trans.
Date Item no. Debit Credit Balance
May 29 CD82 7,000
31 GJ76 7,000 0 «- Correct!
Sales Account No. 413
Trans.
Date Item no. Debit Credit Balance
May 31 SJ 31,150
31 CRJ 31,150
31 GJ74 0 «- Correct!
Sales Returns & Allowances Account No. 414
Trans.
Date Item no. Debit Credit Balance
May 2 GJ65 350
31 GJ73 350 0 «- Correct!
Sales Discounts Account No. 415
Trans.
Date Item no. Debit Credit Balance
May 31 CRJ 175
31 GJ73 175 0 «- Correct!
Cost of Goods Sold Account No. 502
Trans.
Date Item no. Debit Credit Balance
May 31 S2 19,210
31 R2 19,210
31 G3 0 «- Correct!
Depreciation Expense, Ofc. Equipment Account No. 612
Trans.
Date Item no. Debit Credit Balance
May 31 GJ72
31 GJ73 0 «- Correct!
Depreciation Expense, Store Equipment Account No. 613
Trans.
Date Item no. Debit Credit Balance
May 31 GJ71
31 GJ73 0 «- Correct!
Office Salaries Expense Account No. 620
Trans.
Date Item no. Debit Credit Balance
May 15 CD78 3,150 3,150
30 CD83 3,150 6,300
31 GJ73 6,300 0 «- Correct!
Sales Salaries Expense Account No. 621
Trans.
Date Item no. Debit Credit Balance
May 15 CD78 5,320 5,320
30 CD83 5,320 10,640
31 GJ73 10,640 0 «- Correct!
Insurance Expense Account No. 637
Trans.
Date Item no. Debit Credit Balance
May 31 GJ68 553
31 GJ73 553 0 «- Correct!
Rent Expense, Office Space Account No. 641
Trans.
Date Item no. Debit Credit Balance
May 1 CD76 742
31 GJ73 742 0 «- Correct!
Rent Expense, Selling Space Account No. 642
Trans.
Date Item no. Debit Credit Balance
May 1 CD76 2,968
31 GJ73 2,968 0 «- Correct!
Office Supplies Expense Account No. 650
Trans.
Date Item no. Debit Credit Balance
May 31 GJ70 289
31 GJ73 289 0 «- Correct!
Store Supplies Expense Account No. 651
Trans.
Date Item no. Debit Credit Balance
May 31 GJ69 669
31 GJ73 669 0 «- Correct!
Utilities Expense Account No. 690
Trans.
Date Item no. Debit Credit Balance
May 26 CD81 1,283
31 GJ73 1,283 0 «- Correct!
Income Summary Account No. 901
Trans.
Date Item no. Debit Credit Balance
May 31 GJ73
31 GJ74
31 GJ75 0 «- Correct!
COLO COMPANY
Accounts Receivable Ledger
Crane Corp.
Trans.
Date Item no. Debit Credit Balance
May 26 SJ86 14,210 14,210 «- Correct!
Hensel Company
Trans.
Date Item no. Debit Credit Balance
May 2 SJ83 6,100 6,100
11 CR83 6,100 0
16 SJ84 3,990 3,990 «- Correct!
Knox, Inc.
Trans.
Date Item no. Debit Credit Balance
Apr. 28 S2 4,725 4,725
May 2 GJ65 175
5 CR81 4,550 0 «- Correct!
Lee Services
Trans.
Date Item no. Debit Credit Balance
May 22 SJ85 6,850
30 CR85 6,850 0 «- Correct!
COLO COMPANY
Accounts Payable Ledger
Fink Corp.
Trans.
Date Item no. Debit Credit Balance
May 17 PJ81 13,650
23 CD80 13,650 0 «- Correct!
Garcia, Inc.
Trans.
Date Item no. Debit Credit Balance
May 11 PJ80 8,800
19 CD79 8,800 0 «- Correct!
Peyton Products
Trans.
Date Item no. Debit Credit Balance
Apr. 29 PJ 7,098 7,098
May 3 JG66 798
8 CD77 6,300
25 PJ83 3,080 3,080 «- Correct!
Gear Supply Co.
Trans.
Date Item no. Debit Credit Balance
May 4 PJ78 37,729 37,729
10 PJ79 4,074 4,074
12 GJ67 854 40,949
24 PJ82 9,030 49,979 «- Correct!
COLO COMPANY
Work Sheet
For Month Ended May 31, 2005
Balance Sheet
Unadjusted Adjusted Income & Statement
Trial Balance Adjustments Trial Balance Statement of Owner's Equity
Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash 0
Accounts receivable 0
Merchandise inventory 0
Office supplies 0
Store supplies 0
Prepaid insurance 0
Office equipment 0
Accum. depr., office equip. 0
Store equipment 0
Accum. depr., store equip. 0
Accounts payable 0
J. Colo, Capital -
J. Colo, Withdrawals 0
Sales 0
Sales discounts 0
Sales returns and allowances 0
Cost of goods sold 0
Depr. expense, office equip. 0
Depr. expense, store equip. 0
Office salaries expense 0
Sales salaries expense 0
Insurance expense 0
Rent exp., office space 0
Rent exp., selling space 0
Office supplies expense 0
Store supplies expense 0
Utilities expense
Totals 0
Net income
Totals ^Try again! 156,422 156,422 421,141 421,141
Student Name:
Class:
Problem 07C
COLO COMPANY
Sales Journal
AR Debit COGS
Inv. Trans. Sales Debit
Date Account Debited No. No. Credit Inv. Credit
May 2 Hensel Company 8785 83 6,100 4,100
16 Hensel Company 8786 84 3,990 1,890
22 Lee Services 8787 85 6,850 4,990
26 Crane Corp. 8788 86 14,210 8,230
31 Totals 31,150 19,210
^ Correct! ^Correct!
COLO COMPANY
Purchases Journal
Accounts Office Other
Inv. Trans. Payable Inventory Supplies Accounts
Date Account Date Terms No. Credit Debit Debit Debit
May 4 Store Supp./Gear Supp. 5/4 n/10, EOM 78 37,729 37,072 83 574
10 Off. Equip./Gear Supp. 5/10 n/10, EOM 79 4,074 4,074
11 Garcia, Inc. 5/10 n/30, n/30 80 8,800 8,800
17 Fink Corp. 5/14 2/10, n/60 81 13,650 13,650
24 Store Supp./Gear Supp. 5/24 n/10, EOM 82 9,030 8,120 280 630
25 Peyton Products 5/23 2/10, n/30 83 3,080 3,080
31 Totals 76,363 70,722 363 5,278
^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
Cash Receipts Journal
Sales Accts. Other COGS
Trans. Cash Discount Recv. Sales Accts. Debit
Date Account Cr. Explanation No. Debit Debit Credit Credit Credit Inv. Credit
May 5 Knox, Inc. Sale of April 28 81 4,459 91 4,459 91
9 Store Supplies Sold store supplies 82 350 350
11 Hensel Company Sale of May 2 83 5,978 122 5,978 122
15 Sales Cash sales, 84 59,220 59,220 38,200
May 1-15
30 Lee Services Sale of May 22 85 6,713 137 6,713 137
31 Sales Cash Sales, 86 66,052 66,052 42,500
May 16-31
31 Totals 142,772 350 17,500 125,272 350 80,700
^ Correct! ^ Correct! ^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
Cash Disbursements Journal
Other Accts.
Check Account Trans. Cash Inventory Accts. Pay.
Date No. Payee Debited No. Credit Credit Debit Debit
May 1 3410 S&P Mgmt. Co. Rent Exp., Selling 76 2,968 2,968
Rent Exp., Office 742 742
8 3411 Peyton Products Peyton Products 77 6,174 126 6,300
15 3412 Payroll Sales Salaries Exp. 78 5,320 5,320
Office Salaries Exp. 3,150 3,150
19 3413 Garcia, Inc. Garcia, Inc. 79 8,624 176 8,800
23 3414 Fink Corp. Fink Corp. 80 13,377 273 13,650
26 3415 Perennial Power Utilities Exp. 81 1,283 1,283
29 3416 Jenny Colo J. Colo, Withdrawals 82 7,000 7,000
30 3417 Payroll Sales Salaries Exp. 83 5,320 5,320
Office Salaries Exp. 3,150 3,150
Totals 57,108 575 28,933 28,750
^ Correct! ^ Correct! ^ Correct! ^ Correct!
COLO COMPANY
General Journal
Trans.
Date Description No. Debit Credit
May 2 Sales Returns and Allowances 65 175
Accounts Receivable-Knox, Inc. 175 «- Correct!
3 Accounts Payable-Peyton Products 66 798
Inventory 798 «- Correct!
12 Accounts Payable-Gear Supply Co. 67 854
Office Equipment 854 «- Correct!
Adjusting entries
May 31 Insurance Expense 68 553
Prepaid Insurance 553 «- Correct!
31 Store Supplies Expense 69 669
Store Supplies 669 «- Correct!
31 Office Supplies Expense 70 289
Office Supplies 289 «- Correct!
31 Depreciation Expense, Store Equip. 71 567
Accumulated Depr., Store Equip. 567 «- Correct!
31 Depreciation Expense, Office Equip. 72 329
Accumulated Depr., Office Equip. 329 «- Correct!
Closing entries
May 31 Income Summary 73 124,775
Sales Discounts 350 «- Correct!
Sales Returns and Allowances 175 «- Correct!
Cost of Goods Sold 99,910 «- Correct!
Depr. Expense, Office Equipment 329 «- Correct!
Depr. Expense, Store Equipment 567 «- Correct!
Office Salaries Expense 6,300 «- Correct!
Sales Salaries Expense 10,640 «- Correct!
Insurance Expense 553 «- Correct!
Rent Expense, Office Space 742 «- Correct!
Rent Expense, Selling Space 2,968 «- Correct!
Office Supplies Expense 289 «- Correct!
Store Supplies Expense 669 «- Correct!
Utilities Expense 1,283 «- Correct!
31 Sales 74 156,422
Income Summary 156,422 «- Correct!
31 Income Summary 75 31,647
J. Colo, Capital 31,647 «- Correct!
31 J. Colo, Capital 76 7,000
J. Colo, Withdrawals 7,000 «- Correct!
COLO COMPANY
General Ledger
Cash Account No. 101
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 50,247
May 31 CRJ
31 CDJ 135,911 «- Correct!
Accounts Receivable Account No. 106
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 4,725
May 2 JG65 175 4,550
31 SJ 31,150 35,700
31 CRJ 17,500 18,200 «- Correct!
Merchandise Inventory Account No. 119
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 220,080
May 31 GJ66
31 CDJ
31 PJ
31 CRJ
31 SJ 189,519 «- Correct!
Office Supplies Account No. 124
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 430
May 31 PJ
31 GJ70 504 «- Correct!
Store Supplies Account No. 125
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 4 PJ78
9 CR82
24 PJ82
31 GJ69 2,632 «- Correct!
Prepaid Insurance Account No. 128
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ68 2,765 «- Correct!
Office Equipment Account No. 163
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 10 PJ79
12 GJ67 25,690 «- Correct!
Accumulated Depreciation, Office Equipment Account No. 164
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ72 10,227 «- Correct!
Store Equipment Account No. 165
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 38,920
Accumulated Depreciation, Store Equipment Account No. 166
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 31 GJ71 18,123 «- Correct!
Accounts Payable Account No. 201
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance
May 3 GJ66
12 GJ67
31 PJ
31 CDJ 53,059 «- Correct!
Jenny Colo, Capital Account No. 301
Trans.
Date Item no. Debit Credit Balance
Apr. 30 Balance 308,085
May 31 GJ75
31 GJ76 332,732 «- Correct!
Jenny Colo, Withdrawals Account No. 302
Trans.
Date Item no. Debit Credit Balance
May 29 CD82 7,000
31 GJ76 7,000 0 «- Correct!
Sales Account No. 413
Trans.
Date Item no. Debit Credit Balance
May 31 SJ 31,150
31 CRJ 31,150
31 GJ74 0 «- Correct!
Sales Returns & Allowances Account No. 414
Trans.
Date Item no. Debit Credit Balance
May 2 GJ65 350
31 GJ73 350 0 «- Correct!
Sales Discounts Account No. 415
Trans.
Date Item no. Debit Credit Balance
May 31 CRJ 175
31 GJ73 175 0 «- Correct!
Cost of Goods Sold Account No. 502
Trans.
Date Item no. Debit Credit Balance
May 31 S2 19,210
31 R2 19,210
31 G3 0 «- Correct!
Depreciation Expense, Ofc. Equipment Account No. 612
Trans.
Date Item no. Debit Credit Balance
May 31 GJ72
31 GJ73 0 «- Correct!
Depreciation Expense, Store Equipment Account No. 613
Trans.
Date Item no. Debit Credit Balance
May 31 GJ71
31 GJ73 0 «- Correct!
Office Salaries Expense Account No. 620
Trans.
Date Item no. Debit Credit Balance
May 15 CD78 3,150 3,150
30 CD83 3,150 6,300
31 GJ73 6,300 0 «- Correct!
Sales Salaries Expense Account No. 621
Trans.
Date Item no. Debit Credit Balance
May 15 CD78 5,320 5,320
30 CD83 5,320 10,640
31 GJ73 10,640 0 «- Correct!
Insurance Expense Account No. 637
Trans.
Date Item no. Debit Credit Balance
May 31 GJ68 553
31 GJ73 553 0 «- Correct!
Rent Expense, Office Space Account No. 641
Trans.
Date Item no. Debit Credit Balance
May 1 CD76 742
31 GJ73 742 0 «- Correct!
Rent Expense, Selling Space Account No. 642
Trans.
Date Item no. Debit Credit Balance
May 1 CD76 2,968
31 GJ73 2,968 0 «- Correct!
Office Supplies Expense Account No. 650
Trans.
Date Item no. Debit Credit Balance
May 31 GJ70 289
31 GJ73 289 0 «- Correct!
Store Supplies Expense Account No. 651
Trans.
Date Item no. Debit Credit Balance
May 31 GJ69 669
31 GJ73 669 0 «- Correct!
Utilities Expense Account No. 690
Trans.
Date Item no. Debit Credit Balance
May 26 CD81 1,283
31 GJ73 1,283 0 «- Correct!
Income Summary Account No. 901
Trans.
Date Item no. Debit Credit Balance
May 31 GJ73
31 GJ74
31 GJ75 0 «- Correct!
COLO COMPANY
Accounts Receivable Ledger
Crane Corp.
Trans.
Date Item no. Debit Credit Balance
May 26 SJ86 14,210 14,210 «- Correct!
Hensel Company
Trans.
Date Item no. Debit Credit Balance
May 2 SJ83 6,100 6,100
11 CR83 6,100 0
16 SJ84 3,990 3,990 «- Correct!
Knox, Inc.
Trans.
Date Item no. Debit Credit Balance
Apr. 28 S2 4,725 4,725
May 2 GJ65 175
5 CR81 4,550 0 «- Correct!
Lee Services
Trans.
Date Item no. Debit Credit Balance
May 22 SJ85 6,850
30 CR85 6,850 0 «- Correct!
COLO COMPANY
Accounts Payable Ledger
Fink Corp.
Trans.
Date Item no. Debit Credit Balance
May 17 PJ81 13,650
23 CD80 13,650 0 «- Correct!
Garcia, Inc.
Trans.
Date Item no. Debit Credit Balance
May 11 PJ80 8,800
19 CD79 8,800 0 «- Correct!
Peyton Products
Trans.
Date Item no. Debit Credit Balance
Apr. 29 PJ 7,098 7,098
May 3 JG66 798
8 CD77 6,300
25 PJ83 3,080 3,080 «- Correct!
Gear Supply Co.
Trans.
Date Item no. Debit Credit Balance
May 4 PJ78 37,729 37,729
10 PJ79 4,074 4,074
12 GJ67 854 40,949
24 PJ82 9,030 49,979 «- Correct!
COLO COMPANY
Work Sheet
For Month Ended May 31, 2005
Balance Sheet
Unadjusted Adjusted Income & Statement
Trial Balance Adjustments Trial Balance Statement of Owner's Equity
Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash 0
Accounts receivable 0
Merchandise inventory 0
Office supplies 0
Store supplies 0
Prepaid insurance 0
Office equipment 0
Accum. depr., office equip. 0
Store equipment 0
Accum. depr., store equip. 0
Accounts payable 0
J. Colo, Capital -
J. Colo, Withdrawals 0
Sales 0
Sales discounts 0
Sales returns and allowances 0
Cost of goods sold 0
Depr. expense, office equip. 0
Depr. expense, store equip. 0
Office salaries expense 0
Sales salaries expense 0
Insurance expense 0
Rent exp., office space 0
Rent exp., selling space 0
Office supplies expense 0
Store supplies expense 0
Utilities expense
Totals 0
Net income
Totals ^Try again! 156,422 156,422 421,141 421,141