1-Accounting Cycle
Analyze Transactions
AssetsLiabilitiesStockholdes' EquityType of
TransactionCashAccounts Receivable +Supplies +License +Equipment
+Land=Accounts Payable +Notes Payable +Unearned Revenue Common
Stock +Retained Earnings(a)(b)(c
)(d)(e)(f)(g)(h)(i)(j)(k)(l)(m)(n)Total
This is a tabular summary
General JournalStudent InformationStudent Name:Rifky Aristyo
RahadiyanDate:19-Nov-14Assignment:COMPREHENSIVE PROBLEM 5
JURCZYK DISTRIBUTING COMPANYGeneral JournalDecember, 2014
DateAccount Titles and ExplanationRef.DebitCredit Dec. 6Salaries
and wages expense$ 600Salaries and wages payable$ 1,000Cash$
1,600(Paid salaries and wages expense for december and
november)
8Cash$ 2,100Accounts Receivable$ 2,100(Receive cash from payment
andwithout discount)
10Cash$ 6,600Sales Revenue$ 6,600
Cost of Goods Sold$ 4,100Merchandise Inventory$ 4,100(Sold
merchandise for cash)
13Merchandise Inventory$ 9,000Accounts Payable$ 9,000(Purchase
merchandise on account)
15Supplies$ 2,000Cash$ 2,000(Purchase supplies)
18Accounts Receivable$ 12,000Sales Revenue$ 12,000
Cost of goods sold$ 8,400Merchandise Inventory$ 8,400(Sold
merchandise on account)
20Salaries and wages expense$ 1,800Cash$ 1,800(Paid salaries and
wages expense)
23Accounts Payable$ 9,000Cash$ 8,820Merchandise Inventory$
180(Paid debt in december 13 for cash less discount)
27Cash$ 11,640Sales Discounts$ 360Accounts Receivable$
12,000(Receive cash from payment less discount)
General Ledger
General Ledger
Cash
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Beginning
BalanceN$ 7,200$ 7,2006J1$ 1,600$ 5,6008J1$ 2,100$ 7,70010J1$
6,600$ 14,30015J1$ 2,000$ 12,30020J1$ 1,800$ 10,50023J1$ 8,820$
1,68027J1$ 11,640$ 13,320
Accounts Receivable
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Beginning
BalanceN$ 4,600$ 4,6008J1$ 2,100$ 2,50018J1$ 12,000$ 14,50027J1$
12,000$ 2,500
Merchandise Inventory
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Beginning
InventoryN$ 12,000$ 12,00010J1$ 4,100$ 7,90013J1$ 9,000$
16,90018J1$ 8,400$ 8,50023J1$ 180$ 8,320
Supplies
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 1,200$ 1,20015J1$ 2,000$ 3,20031AdjustmentJ2$ 1,500$
1,700
Equipment
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 22,000$ 22,000
Accumulated Depreciation Equipment
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 2,200$ 2,20031AdjustmentJ2$ 200$ 2,400
Accounts Payable
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 4,500$ 4,50013J1$ 9,000$ 13,50023J1$ 9,000$ 4,500
Salaries and Wages Payable
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 1,000$ 1,0006J1$ 1,000$ -31AdjustmentJ2$ 800$ 800
Share Capital Ordinary
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 30,000$ 30,000
Retained Earnings
DateDescriptionREFDebitCreditBalanceDebitCreditDec.1Opening
BalanceN$ 9,300$ 9,30031ClosingJ3$ 840$ 10,140Sales Revenue
DateDescriptionREFDebitCreditBalanceDebitCreditDec.10J1$ 6,600$
6,60018J1$ 12,000$ 18,60031ClosingJ3$ 18,600$ -
Sales Disconts
DateDescriptionREFDebitCreditBalanceDebitCreditDec.27J1$ 360$
36031ClosingJ3$ 360$ -
Cost of Goods Sold
DateDescriptionREFDebitCreditBalanceDebitCreditDec.10J1$ 4,100$
4,10018J1$ 8,400$ 12,50031ClosingJ3$ 12,500$ -
Salaries and Wages Expense
DateDescriptionREFDebitCreditBalanceDebitCreditDec.10J1$ 4,100$
4,10018J1$ 8,400$ 12,50031ClosingJ3$ 12,500$ -Cost of Goods
Sold
DateDescriptionREFDebitCreditBalanceDebitCreditDec.31AdjustmentJ2$
200$ 20031ClosingJ3$ 200$ -
Cost of Goods Sold
DateDescriptionREFDebitCreditBalanceDebitCreditDec.31AdjustmentJ2$
1,500$ 1,50031ClosingJ3$ 1,500$ -
Salaries and Wages Expense
DateDescriptionREFDebitCreditBalanceDebitCreditDec.31ClosingJ3$
18,600$ 18,60031ClosingJ3$ 17,760$ 84031ClosingJ3$ 840$ -
Trial Balance SheetStudent InformationStudent
Name:Date:Assignment:
Trial Balance
Account
Title11223344556677889910101111121213131414151516161717181819192020212122222323242425252626272728282929303031313232333334343535
Adjusted Trial BalanceStudent InformationStudent
Name:Date:Assignment:
Adjusted Trial Balance
11223344556677889910101111121213131414151516161717181819192020212122222323242425252626272728282929303031313232333334343535
WorksheetWorksheetAccount TitleTRIAL BALANCEADJUSTMENTADJUSTED
TRIAL BALANCEINCOME STATEMENTBALANCE SHEETDRCRDRCRDRCRDRCRDRCR
Income StatementStudent InformationStudent
Name:Date:Assignment:
Income Statement
1122334455667788991010111112121313141415151616171718181919202021212222232324242525
Retained Earnings StatementStudent InformatinStudent
Name:Date:Assignment:
Retained Earnings Statement
1122334455667788991010
Statement of financial positionStudent InformationStudent
Name:Date:Assignment:
Statement of Financial Position
11223344556677889910101111121213131414151516161717181819192020212122222323242425252626272728282929303031313232333334343535
Post-Closing Trial BalanceStudent InformationStudent
Name:Date:Assignment:
Post-Closing Trial Balance
11223344556677889910101111121213131414151516161717181819192020212122222323242425252626272728282929303031313232333334343535
