2-Apr Cash ¥ 30,000.

00
Equipment ¥ 14,000.00
Capital ¥ 44,000.00

Sallaries Expense ¥ 1,160.00

Cash ¥ 1,160.00

3-Apr Supplies ¥ 700.00

Acc Payable ¥ 700.00

7-Apr Office Rent Expense ¥ 600.00

Cash ¥ 600.00

11-Apr Acc Receivable ¥ 1,100.00

Service Revenue ¥ 1,100.00

12-Apr Cash ¥ 3,200.00

Unearned Revenue ¥ 3,200.00

17-Apr Cash ¥ 2,300.00

Service Revenue ¥ 2,300.00

21-Apr Insurance Expense ¥ 110.00

Cash ¥ 110.00

30-Apr Salaries Expense ¥ 1,160.00

Cash ¥ 1,160.00
30-Apr Supplies Expense ¥ 120.00
Supplies ¥ 120.00
30-Apr Equipment ¥ 5,100.00
Capital ¥ 5,100.00
 E3.3
CASH
Balance 5,912 (4) 190
(1) 270

Account Receivable
Balance 5,240 (1) 270

Supplies
Balance 2,967

Equipment
Balance 6,100
(2) 1.900

Scarlatti Corporation
Trial Balance
30-Apr-19
Debit Kredit
Cash $ 5,992
Account Receivable $ 4,970
Supplies $ 2,967
Equipment $ 8,000
Account Payable $ 7,044
Share Capital - Ordinary $ 8,000
Retained Earnings $ 2,000
Service Revenue $ 7,305
Office Expense $ 2,420
$ 24,349 $ 24,349
 Account Payable
Balance 7,044

Share Capital Ordinary

Balance 8,000

Retained Earnings
Balance 2,000

Service Revenue
Balance 5,200
(3) 2,025
(5) 80

Office Expense
Balance 4,320 (2) 1,900
 The ledger of Chopin Rental Agency on March 31 of the current year includes the following selected accounts before adjustin

Debit Credit An analysis of the accounts shows t

Prepaid Insurance € 3,600 1. The equipment depreciates €250
2. One-third of the unearned rent w
Supplies € 2,800 3. Interest of €500 is accrued on the
Equipment € 25,000 4. Supplies on hand total €650.
Accumulated Depreciation-Equipment € 8,400 5. Insurance expires at the rate of €
Instructions
Notes Payable € 20,000 Prepare the adjusting entries at Ma
Unearned Rent Revenue € 6,300 quarterly. Additional accounts are D
Rent Revenue € 60,000 Payable, and Supplies Expense. (Om
Interest Expense 0
Salaries and Wages Expense € 14,000

Jawab :
Chopin Rental Agency
Adjusting Entries
31-Mar-19
Description Debit Credit
1 Depreciation Expense € 750
Accumulated Depreciation-Equipmen € 750
2 Unearned Rent Expense € 2,100
Rent Expense € 2,100
3 Interest Expense € 500
Interest Payable € 500
4 Supplies Expense € 2,150
Supplies € 2,150
5 Insurance Expense € 900
Prepaid Insurance € 900
Total € 6,400 € 6,400
ed accounts before adjusting entries have been prepared.

ysis of the accounts shows the following.

quipment depreciates €250 per month.
hird of the unearned rent was earned during the quarter.
st of €500 is accrued on the notes payable.
ies on hand total €650.
ance expires at the rate of €300 per month.
ons
the adjusting entries at March 31, assuming that adjusting entries are made
y. Additional accounts are Depreciation Expense, Insurance Expense, Interest
and Supplies Expense. (Omit explanations.)

(250 x 3)

(6.300 x 1/3)

(2.800-650)
(300 x 3)
Date
31-Jan

31-Jan

31-Jan

31-Jan

31-Jan
 Adjusting Entries

Desciption Debit Credit

Account Receivable $750
Service Revenue $750

Utilities Expense $520

Utilities Payable $520

Depreciation Expense-Equipment $400

Accumulated Depreciation-Equipment $400
Interest Expense $500
Interest Payable $500

Insurance Expense $1,250

Prepaid Insurance $1,250

Supplies Expense $1,200

Supplies $1,200
 Uhura Resort
Adjusting Entry
August 31, 2019
(A)
1. Insurance Expense (4,500 x 3/12)
Prepaid Insurance

2. Supplies Expense (2,600 - 650)

Supplies

3. Depreciation Expense Building (120,000 x 10%= 12,000

Accumulated Depreciation Building 120,000 - 12,000 =108,000
108,000 x 4% = 4,320
4,320 x 3/12 = 1,080)

Depreciation Expense Equipment (16,000 x 10%= 1,600

Accumulated Depreciation Equipment 16,000 - 1,600 =14,400
14,400 x 10%= 1,440
1,440 x 3/12 = 360)

4. Unearned Rent Revenue

Rent Revenue

5. Salaries Expense
Salaries Payable

6. Account Receivable
Rent Revenue

7. Interest Expense [(50,000 x 8%) x 3/12]

Interest Payable

(B) Uhura Resort

Adjusted Trial Balance
August 31, 2019
Name Akun Debit Credit
Cash 19,600
Accounts Receivable 800
Prepaid Insurance 3,375
Supplies 650
Land 20,000
Buildings 120,000
Accumulated Depreciation Building 1,080
Equipment 16,000
Accumulated Depreciation Equipment 360
Account Payable 4,500
Unearnead Rent Revenue 800
Salaries Payable 375
Interest Payable 1,000
Mortgage Payable 50,000
Share Capital - Ordinary 100,000
Retained Earnings -
Dividens 5,000
Rent Revenue 90,800
Salaries Expense 45,175
Utilities Expense 9,200
Repair Expense 3,600
Insurance Expense 1,125
Supplies Expense 1,950
Depreciation Expense Buildings 1,080
Depreciation Expense Equipment 360
Interest Expense 1,000
TOTAL 248,915 248,915
 Debit Credit
1,125
1,125

195
195

1,080
1,080

360
360

3,800
3,800

375
375

800
800

1,000
1,000

(4,500 - 1,125)
(2,600 - 1,950)
(4,600 - 3,800)

(86,200 + 3,800 + 800)

(44,800 + 375)
E3-11
(Prepare Financial Statements) The adjusted trial balance of Cavamanlis Co. as of December 31, 2019, contains the f

Cavamalis Co. Instructions:

Adjusted Trial Balance a. Prepare an income st
December 31, 2019 b. Prepare a retained ea
Accout Titles Dr. Cr. c. Prepare a classified s
Cash $ 18,972.00
Acc. Receivable $ 6,920.00 A.
Prepaid Rent $ 2,280.00
Equipement $ 18,050.00
[Link]-Equipment $ 4,895.00
Notes Payable $ 5,700.00
Account Payable $ 4,472.00
Share Capital-Ordinary $ 20,000.00
Retained Earnings $ 11,310.00
Dividends $ 3,000.00
Service Revenue $ 12,590.00
Salaries and Wages Expense $ 6,840.00
Rent Expense $ 2,760.00
Depreciation Expnse $ 145.00
Interest Expense $ 83.00
Interest Payable $ 83.00 B.
BALANCE $ 59,050.00 $ 59,050.00

C.
r 31, 2019, contains the following

Instructions:
a. Prepare an income statement.
b. Prepare a retained earnings statement.
c. Prepare a classified statement of financial position.
JAWAB
Cavamalis Co.
Income Statement
December 31, 2019
Revenues: $ 12,590.00
Service Revenue

Expenses:
Salaries Expense $ 6,840.00
Rent Expense $ 2,760.00
Depreciation Expense $ 145.00
Interest Expense $ 83.00
$ 9,828.00
NET INCOME $ 2,762.00

Cavamalis Co.
Retained Earning Statement
December 31, 2019
Retained Earning, January 1 $ 11,310.00
NET INCOME (+) $ 2,762.00
Dividends (-) $ -3,000.00
Retained Earnings, December 31 $ 11,072.00

Cavamalis Co.
Statement of FinancIal Position
December 31, 2019
AKTIVA PASIVA
Assets: Liabilities:
Equipement $ 18,050.00 Notes Payable $ 5,700.00
Prepaid Rent $ 2,280.00 Account Payable $ 4,472.00
Account Receivable $ 6,920.00 Interest Payable $ 83.00
Cash $ 18,972.00
Accumulated Depreciation (-) $ -4,895.00 Equity:
Share Capital-Ordina $ 20,000.00
Retained Earnings $ 11,072.00
BALANCE $ 41,327.00 BALANCE $ 41,327.00
 Alistair Co.
Closing Entries
at December 31, 2019
Date Description Reff Debit Credit
31-Dec Sales Revenue $ 390,000
Income Summary $ 390,000

31-Dec Income Summary $ 346,700

Cost of Goods Sold $ 235,700
Sales Returns and Allowance $ 12,000
Sales Discounts $ 15,000
Selling Expenses $ 16,000
Administrative Expenses $ 38,000
Income Tax Expense $ 30,000

31-Dec Income Summary $ 43,300

Retained Earnings $ 43,300

31-Dec Retained Earnings $ 18,000

Dividends $ 18,000
A dan D

CASH equipment
¥ 20,000.00 ¥ 680.00 ¥ 17,280.00
¥ 1,690.00 ¥ 942.00
¥ 980.00 ¥ 430.00
¥ 3,600.00
¥ 3,000.00
¥ 1,800.00
¥ 85.00
¥ 12,133.00

account receiveable account payable

¥ 5,820.00 ¥ 980.00 ¥ 3,600.00 ¥ 17,280.00
¥ 2,110.00
¥ 6,950.00 ¥ 13,680.00

supplies supplies
¥ 942.00 ¥ 330.00 ¥ 942.00 ¥ 330.00

¥ 612.00 ¥ 612.00

accumulated depreciation-equipment
¥ 288.00 income summary
¥ 680.00 ¥ 9,620.00
¥ 515.00
¥ 1,800.00
¥ 330.00
¥ 288.00
¥ 6,007.00
¥ 9,620.00 9620

B
YASUNARI KAWABATA, D.D.S.
Trial Balance
1-Sep-30
cash ¥ 12,133.00
account receiveable ¥ 6,950.00
supplies ¥ 612.00
equipment ¥ 17,280.00
accumulated depreciation-equipment ¥ 288.00
account payable ¥ 13,680.00
owner's capital ¥ 17,000.00
service revenue ¥ 9,620.00
rent expense ¥ 680.00
office expense ¥ 515.00
salaries and wages expense ¥ 1,800.00
supplies expense ¥ 330.00
depreciation expense ¥ 288.00
 total ¥ 40,588.00 ¥ 40,588.00

E YASUNARI KAWABATA, D.D.S.

Balance Sheet
1-Sep-30
assets liabilities and owner equity
cash ¥ 12,133.00 account payable
account receiveable ¥ 6,950.00 owner cappital
supplies ¥ 612.00
equipment ¥ 17,280.00
accumulated depr-equipment ¥ 288.00
total assests ¥ 36,687.00 total liabilities
and owner equity
 owner capital office expense
¥ 3,000.00 ¥ 20,000.00 ¥ 430.00 ¥ 515.00
¥ 6,007.00 ¥ 85.00
¥ 23,007.00 ¥ 515.00

salaries and wages expense

¥ 1,800.00 ¥ 1,800.00

rent expense supplies expense

¥ 680.00 ¥ 680.00 ¥ 330.00 ¥ 330.00

service revenue depreciation expense

¥ 9,620.00 ¥ 1,690.00 ¥ 288.00 ¥ 288.00
¥ 5,820.00
¥ 2,110.00
¥ 9,620.00

C
YASUNARI KAWABATA, D.D.S.
Income statement
1-Sep-30
service revenue
salaries and wages expense ¥ 1,800.00
rent expense ¥ 680.00
supplies expense ¥ 330.00
depreciation expense ¥ 288.00
office expense ¥ 515.00
total expense
net income

YASUNARI KAWABATA, D.D.S.

statement of owner equity
1-Sep-30
 owner capital september 1 ¥ 20,000.00
net income for september ¥ 6,007.00
¥ 26,007.00
withdraw by owner ¥ 3,000.00
owner capital september 30 ¥ 23,007.00

lities and owner equity

¥ 13,680.00
¥ 23,007.00 YASUNARI KAWABATA, D.D.S.
post closing trial balance
1-Sep-30
cash ¥ 12,133.00
¥ 36,687.00 account receiveable ¥ 6,950.00
supplies ¥ 612.00
equipment ¥ 17,280.00
accumulated [Link]
account payable
owner's capital
totals ¥ 36,975.00
WABATA, D.D.S.
statement
ep-30
¥ 9,620.00

¥ 3,613.00
¥ 6,007.00

WABATA, D.D.S.
f owner equity
ep-30
WABATA, D.D.S.
g trial balance
ep-30

¥ 288.00
¥ 13,680.00
¥ 23,007.00
¥ 36,975.00
A. Journalizing the annual adjusting entries that were made (omit explanation)

Date Description Reff Debit Credit

31-Dec Account Receivable € 3,500.00
Service Revenue € 3,500.00
31-Dec Supplies Expense € 5,400.00
Supplies € 5,400.00
31-Dec Unearned Service Revenue € 1,400.00
Service Revenue € 1,400.00
31-Dec Salaries and Wages Expense € 1,300.00
Salaries and Wages Payable € 1,300.00
31-Dec Insurance Expense € 850.00
Prepaid Insurance € 850.00
31-Dec Interest Expense € 150.00
Interest Payable € 150.00
31-Dec Depreciation Expense € 5,000.00
Accumulated Depreciation € 5,000.00
B. Prepare an income statement and a retained earnings statement for the year
ending Decemer 31,2019, and an unclassified statement of financial position at December 31

MASON ADVERTISING
Income Statement
For The Year Ended December, 31, 2019
Revenues
Service Revenue

Expenses
Salaries and Wages Expense € 11,300.00
Supplies Expense € 5,400.00
Depreciation Expense € 5,000.00
Rent Expense € 4,000.00
Insurance Expense € 850.00
Interest Expense € 500.00
Total Expense
NET INCOME

MASON ADVERTISING
Statement of Retained Earning
For The Year Ended December, 31, 2019
Retained Earning, January 1 $ 3,500.00
Net Income $ 36,450.00
Retained Earnings, December 31 $ 39,950.00

MASON ADVERTISING
Statement of Financial Position
As of December 31, 2019
AKTIVA PASIVA
Assets: Liabilities:
Cash € 11,000.00 Notes Payable
Account Receivable € 23,500.00 Account Payable
Supplies € 3,000.00 Unearned Service Revenue
Prepaid Insurance € 2,500.00 Salaries and Wages Payable
Accumulated Depreciation € 27,000.00 Interest Payable
Total Liabilities
Equity:
Common Stock
Retained Earning
Total Assets € 67,000.00 Total Liabilities and Equity

C. Answer The Questions

1. If the note has been outstanding 3 months, what is the annual interest rate on that note?
2. If the Company paid 12500 in salaries and wages 2018, what was the balance in Salaries and Wages Payable on?

1. 12% (150/3=50), 50/5000=1%, 1%*12=12%)

2. 2500 (x+11300-125000=1300)
ition at December 31

019
€ 63,500.00

€ 27,050.00
€ 36,450.00

PASIVA

€ 5,000.00
€ 5,000.00
€ 5,600.00
€ 1,300.00
€ 150.00
€ 17,050.00

€ 10,000.00
€ 49,950.00
€ 67,000.00

t rate on that note?

balance in Salaries and Wages Payable on?
 Baylor Company
31-Dec-19
Adjustment Entreis
No Description Debit Credit
1 Salaries & Wages Expense $ 1, 120
Salaries & Wages Payble $ 1, 120
(5 x $700 x 2/5) + (3 x $600 x v2/5) = $ 2,120

2 Unearned Rent Revenue $94,000

Rent Revenue $94,000
(5 x $6,000 x 2) + (4 x $8,500 c 1) =$ 94,000

3 Advertising Expense $900

Prepaid Advertising $900
(8 x $ 5,000) + (3 x $ 300) = $900

4 Interest Expense $4,200

Interest Payable $4,200
60000 x 12% x 7/12 = $4,200
 Bellemy Fashion Center
Trial Balance
January 30, 2014
Description Debit Credit
Cash 28,700
Account Receivable 33,700
Inventory 45,000
Supplies 5,500
Equipment 133,000
Accumulated Depretiation Equipment 24,000
Notes Payable 51,000
Account Payable 48,500
Share Capital -Ordinary 90,000
Retained Earning 8,000
Sales revenue 757,200
Sales Return and Allowance 4,200
Cost of Goods Sold 495,400
Salaries and Wages expense 140,000
Advertising Expense 26,400
Utilities Expense 14,000
Maintenance and Repairs Expense 12,100
Delivery expense 16,700
Rent expense 24,000
TOTAL 978,700 978,700
 Adjustment
DATE Description
30-Nov Supplies Expense
Supplies

30-Nov Depretiation Expense - store equipment

Accumulated Depretiation-store equipment

Depretiation Expense - delivery equipment

Accumulated Depretiation-delivery equipment

31-11 Interest Expense

Interest Payable

Total
 Unadjusted Trial Balance
reff Debit Credic January 30, 2014
$ 4,000 Description
$ 4,000 Cash
Account Receivable
$ 9,000 Inventory
$ 9,000 Supplies
Equipment
$ 6,000 Accumulated Depretiation Equipment
$ 6,000 Delivery Equipment
Accumulated Depretiation delivery equipment
$ 11,000 Notes Payable
$ 11,000 Account Payable
Interest Payable
Share Capital -Ordinary
$ 30,000 $ 30,000 Retained Earning
Sales revenue
Sales Return and Allowance
Cost of Goods Sold
Salaries and Wages expense
Advertising Expense
Utilities Expense
Maintenance and Repairs Expense
Delivery expense
Rent expense
Store Supplies Expense
Depretiation Expense Store Equipment
Depretiation Expense Delivery Equipment
Interest Expense
TOTAL
ed Trial Balance Bellemt Fashion Center
ary 30, 2014 Income Statement
Debit Credit End of Month 30 Dec 2009
$ 28,700 Sales Revenue
$ 33,700 Sales
$ 45,000 Less:
$ 1,500 Sales return n allowance
$ 85,000 Net Sales
$ 27,000 Cost of Good Sold
$ 48,000 Gross Profit
$ 12,000
$ 51,000 Operating Expenses:
$ 48,500 Selling expense
$ 11,000 Salaries Expense (140.000x70%)
$ 90,000 Advertising Expense
$ 8,000 Rent Expense (24.000x80%)
$ 757,200 Delivery Expense
$ 4,200 Utilities Expense (14000x80%)
$ 495,400 Depr. Exp- Store equipment
$ 140,000 Depr. Exp-Deliv equipment
$ 26,400 Store supplies expense
$ 14,000 Total Selling Expense
$ 12,100 Advertising Expense
$ 16,700 Salaries expense (140000x30%)
$ 24,000 Repair expense
$ 4,000 Rent Expense (24000x20%)
$ 9,000 Utilities Expense (14000x20%
$ 6,000 Total admin. Expense
$ 11,000 Total oper. Expense
$ 1,004,700 $ 1,004,700 Income From operations
Other expense and Losses
Interest Expense
Net Loss

Bellemt Fashion Center

Retained Earnings Statement
End of Month 30 Dec 2009

Retained Earning, Dec 1 2009

Less :
Nett Loss
Retained Earning, Dec 30 2009
mt Fashion Center
Closing Entries
ome Statement
Month 30 Dec 2009 Date

$ 757,200

$ 4,200
$ 753,000
$ 495,400
$ 257,600

$ 98,000
$ 26,400
$ 19,200
$ 16,700
$ 11,200
$ 9,000
$ 6,000
$ 4,000
$ 190,500

$ 42,000
$ 12,100
$ 4,800 PT. Harus Lulus
$ 2,800 Post Closing Trial Balance
$ 61,700 at Januari 2014
$ 252,200 Date
$ 5,400

$ 11,000
$ -5,600

nter
tement
2009

$ 8,000

$ 5,600
$ 2,400
 Closing Entries

Description Reff Debit Credit

Sales $ 757,200
Sales Return and Allowance $ 4,200
Income Summary $ 761,400

Cost Of Good Sold $ 495,400

Salaries and Wages expense $ 140,000
Advertising Expense $ 26,400
Utilities Expense $ 14,000
Maintenance and Repairs Expense $ 12,100
Delivery expense $ 16,700
Rent expense $ 24,000
Supplies Expense $ 4,000
Depretiation Expense - delivery $ 6,000
Depretiation Expense- store $ 9,000
Interest Expense $ 11,000
Income Summary $ 758,600

Retained earning $ 5,600

Income Summary $ 5,600

Total $ 1,525,600 $ 1,525,600

PT. Harus Lulus

Post Closing Trial Balance
at Januari 2014
Account reff Debit Credit
Cash $ 28,700
Account Receivable $ 33,700
Inventory $ 45,000
Supplies $ 1,500
Store Equipment $ 85,000
Acc. Depr. Store Equipment $ 27,000
Delivery Equipment $ 48,000
Acc. Depr Delivery $ 12,000
Account payable $ 48,500
Notes Payable $ 51,000
Interest Payable $ 11,000
Common stock $ 90,000
Retained Earning $ 2,400
Total $ 241,900 $ 241,900