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Help, Unadjusted Trial Balance
I CANNOT SEEM TO GET MY UNADJUSTED TRIAL BALANCE TO THE CHACK FIGURE 115107. CAN SOMEONE PLEASE TELL ME WHAT IM DOING WRONG? IVE BEEN WORKING ON THIS FOR A WEEK AND IM FRUSTRATED. I NEED A NEW SET OF EYES TO SEE WHERE IM MESSING UP. BEG BAL, LIFO INVENTORY, JOURNAL ENTRIES ARE INCLUDED. IF There's ANY QUESTIONS PLEASE EMAIL ME @ [email protected] CHAPTER 6 GENERAL JOURNAL
CASH INTEREST PAYABLE CONTRIBUTED CAPITAL BB 34100 10500 j5 58 BB 0 40000. BB 2-Jun Inventory 10500 j5 7420 16500 j22 Accounts Payable 10500 j30 33250 2000 j29 Purchased 50 MP 50 MP3 players @ 210. Each on account 8600 j13 NOTES PAYABLE RETAINED EARNINGS 5-Jun Cash 7420 37170 5000 BB 12488 BB Accounts Receivable 7420 Collected outstanding A/R balance 13-Jun Accounts Payable 10500 ACCOUNTS RECEIVABLE SALES REVENUE Cash 10500 BB 7420 7420 j5 ACCOUNTS PAYABLE 0 BB To pay outstanding Accounts Payable Balance j30 19250 10500 j13 0 BB 55650 j30 22-Jun Inventory 16500 10500 j2 Cash 16500 SALES TAX PAYABLE Purchased 75 MP3 Players @ 220. Each for cash UTILITIES PAYABLE J30 3150 1470 BB 29-Jun Salaries Expense 2000 PREPAID INSURANCE 0 BB 1680 Cash 2000 BB 1000 Paid Asst Manager for June work COGS 30-Jun Cash 33250 BB 0 Accounts Recievable 19250 PREPAID RENT j30 32450 Sales Tax Payable 3150 BB 2400 Sales 55650 SALARIES EXPENSE Sale of 150 MP3 Players, 95 for cash, 55 on account bb j 29 2000 30-Jun Cogs 32450 INVENTORY Inventory 32450 BB 5580 j30 32450 j2 10500 DEPECIATION EXPENSE j22 16500 Unadjusted Trial Balance j13 8600 Cash 37,170.00 8730 A/R 19,250.00 INSURANCE EXPENSE Prepaid Ins 1,000.00 Prepaid Rent 2,400.00 Inventory 9,030.00 Supplies 0.00 COMPUTER SYSTEM Computer 1,500.00 BB 1500 INTEREST EXPENSE Office Furn 7,000.00 Accum Dep 284.00 Interest Pay 58.00 OFFICE FURNITURE RENT EXPENSE Notes Pay 5,000.00 BB 7000 Cont Cap 40,000.00 RE 12,488.00 SUPPLIES EXPENSE Sales 55,650.00 ACCUM DEPRECIATION STP 1,680.00 284 BB COGS 32,450.00 UTILITIES EXPENSE Salary exp 2,000.00 Supplies 157 Dep Exp BB 120 Ins Exp Int Exp Rent Exp Supplies E Util Exp 157.00 113,637.00 113,480.00 |
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