Acc. No. Accounts Name Ref. Debit Credit
101 Cash 4,880.00$ 112 Accounts Receivable 3,520.00$ 126 Supplies 2,000.00$ 153 Equipment 15,000.00$ 154 Accumulated Depreciation-Equipment 1,500.00$ 201 Accounts Payable 3,400.00$ 209 Unearned Service Revenue 1,400.00$ 212 Salaries & Wages Payable 500.00$ 301 Owner's Capital 18,600.00$
25,400.00$ 25,400.00$
Moore Equipment RepairTrial Blance
at September 1,2012
No.101
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 4,880.00$
8 General Journal J1 1,400.00$ 3,480.00$
10 General Journal J1 1,200.00$ 4,680.00$
12 General Journal J1 3,400.00$ 8,080.00$
20 General Journal J1 4,500.00$ 3,580.00$
22 General Journal J1 500.00$ 3,080.00$
25 General Journal J1 1,250.00$ 1,830.00$
27 General Journal J1 2,100.00$ 3,930.00$ 29 General Journal J1 650.00$ 4,580.00$
No.112
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 3,520.00$
10 General Journal J1 1,200.00$ 2,320.00$
27 General Journal J1 2,100.00$ 4,420.00$
27 General Journal J1 2,100.00$ 2,320.00$
No.126
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 2,000.00$
17 General Journal J1 1,200.00$ 3,200.00$
30 Adj.entry J2 1,900.00$ 1,300.00$
No.153
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 15,000.00$
13 General Journal J1 3,000.00$ 18,000.00$
No.154
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 1,500.00$
30 Adj.entry J2 100.00$ 1,600.00$
No.201
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 3,400.00$
15 General Journal J1 3,000.00$ 6,400.00$
17 General Journal J1 1,200.00$ 7,600.00$
20 General Journal J1 4,500.00$ 3,100.00$
EquipmentDate2012
Accumulated Depreciation-EquipmentDate2012
Accounts PayableDate2012
2012
Moore Equipment RepairLedger
at september 2012
Date
2012
Cash
Accounts ReceivableDate2012
SuppliesDate
No.209
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 1,400.00$
29 General Journal J1 650.00$ 2,050.00$
30 Adj.entry J2 1,450.00$ 600.00$
No.212
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 500.00$
8 General Journal J1 500.00$ -$
30 Adj.entry J2 300.00$ 300.00$
No.301
Explanation Ref. Debit Credit Balance
Sept. 1 Opening balance 18,600.00$
No.407
Explanation Ref. Debit Credit Balance
Sept. 12 General Journal J1 3,400.00$ 3,400.00$
27 General Journal J1 2,100.00$ 5,500.00$
30 Adj.entry J2 1,450.00$ 6,950.00$
No.615
Explanation Ref. Debit Credit Balance
Sept. 30 Adj.entry J2 100.00$ 100.00$
No.631
Explanation Ref. Debit Credit Balance
Sept. 30 Adj.entry J2 1,900.00$ 1,900.00$
No.726
Explanation Ref. Debit Credit Balance
Sept. 8 General Journal J1 900.00$ 900.00$
25 General Journal J1 1,250.00$ 2,150.00$
30 Adj.entry J2 300.00$ 2,450.00$
Supplies ExpenseDate2012
Salaries & Wages ExpenseDate2012
2012
Salaries & Wages PayableDate2012
Owner's CapitalDate2012
Service RevenueDate2012
Depreciation ExpenseDate
2012
Unearned Service RevenueDate
No.729
Explanation Ref. Debit Credit Balance
Sept. 22 General Journal J1 500.00$ 500.00$
Rent ExpenseDate2012
Ref. Debit Credit
Sept. 8 Salaries & Wages Expense 900.00$
Salaries & Wages Payable 500.00$
Cash 1,400.00$
(Paid for salaries due employees)
10 Cash 1,200.00$
Accounts Receivable 1,200.00$
(Received cash for customer on account)
12 Cash 3,400.00$
Services Revenue 3,400.00$
(Received cash for services performed in september)
15 Equipment 3,000.00$ Accounts Payable 3,000.00$
(Purchased store equipment on account)
17 Supplies 1,200.00$ Accounts Payable 1,200.00$
(Purchased supplies on account)
20 Accounts Payable 4,500.00$ Cash 4,500.00$
(Paid Creditors on account)
22 Rent Expense 500.00$ Cash 500.00$
(Paid september rent)
25 Salaries & Wages Expense 1,250.00$ Cash 1,250.00$
(Paid salaries)
27 Accounts Receivable 2,100.00$ Services Revenue 2,100.00$
(Performed service on account)
Cash 2,100.00$ Accounts Receivable 2,100.00$
(Billed customers for services provided)
29 Cash 650.00$ Unearned Services Revenue 650.00$
(Received from customers for future services)21,300.00$ 21,300.00$
2012
Moore Equipment RepairGeneral Journalat september 2012
Date Account Titles and Explanation
Acc. No. Accounts Name Ref. Debit Credit101 Cash 4,580.00$
112 Accounts Receivable 2,320.00$
126 Supplies 3,200.00$
153 Equipment 18,000.00$
154 Accumulated Depreciation-Equipment 1,500.00$
201 Accounts Payable 3,100.00$
209 Unearned Service Revenue 2,050.00$
212 Salaries & Wages Payable -$
301 Owner's Capital 18,600.00$
407 Services Revenue 5,500.00$
615 Depreciation Expense
631 Supplies Expense
726 Salaries & Wages Expense 2,150.00$
729 Rent Expense 500.00$
30,750.00$ 30,750.00$
Moore Equipment RepairTrial Blance
at September 30,2012
Ref. Debit Credit
Sept. 30 Supplies Expense 631 1,900.00$
Supplies 126 1,900.00$
(Supplies on hand )
30 Salaries & Wages Expense 726 300.00$
Salaries & Wages Payable 212 300.00$
(Accrued salaries payable)
30 Depreciation Expense 615 100.00$
Accumulated Depreciation-Equipment 154 100.00$
(Depreciation per month)
30 Unearned Services Revenue 209 1,450.00$
Services Revenue 407 1,450.00$
(Unearned services revenue
3,750.00$ 3,750.00$
2012
Adjusting Entriesat September 30,2012
Moore Equipment Repair
Date Adjusting Entries
Acc. No. Accounts Name Ref. Debit Credit101 Cash 4,580.00$
112 Accounts Receivable 2,320.00$
126 Supplies 1,300.00$
153 Equipment 18,000.00$
154 Accumulated Depreciation-Equipment 1,600.00$
201 Accounts Payable 3,100.00$
209 Unearned Service Revenue 600.00$
212 Salaries & Wages Payable 300.00$
301 Owner's Capital 18,600.00$
407 Services Revenue 6,950.00$
615 Depreciation Expense 100.00$
631 Supplies Expense 1,900.00$
726 Salaries & Wages Expense 2,450.00$
729 Rent Expense 500.00$
31,150.00$ 31,150.00$
Moore Equipment RepairAdjusted Trial Blanceat September 30,2012
Revenue
Services Revenue 6,950.00$
Expense
Depreciation Expense 100.00$
Supplies Expense 1,900.00$
Salaries & Wages Expense 2,450.00$
Rent Expense 500.00$
Total Expenses (4,950.00)$
Net Income 2,000.00$
Owner Capital, september 1,2012 18,600.00$
Add: Net Income 2,000.00$
20,600.00$
Owner Capital, september 30,2012 20,600.00$
Moore Equipment RepairOwner's Equity Statement
at September 30,2012
Moore Equipment RepairIncome Statementat September 2012
Asset
Cash 4,580.00$
Accounts Receivable 2,320.00$
Supplies 1,300.00$
Equipment 18,000.00$
Accumulated Depreciation-Equipment (1,600.00)$
Total Assets 24,600.00$
Equity and Liabilities
Equity
Owner Capital, september 30,2012 20,600.00$
Liabilities
Accounts Payable 3,100.00$
Unearned Service Revenue 600.00$
Salaries & Wages Payable 300.00$
24,600.00$
Moore Equipment RepairBalance Sheet
at September 30,2012
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