Comprehensive Financial Worksheet for Merchandising Company
School
University of California, Berkeley**We aren't endorsed by this school
Course
UGBA MISC
Subject
Accounting
Date
Dec 10, 2024
Pages
4
Uploaded by jaggerwocky
student nameP2WORKMerchandising Company WorksheetSports ConnectionWork SheetFor Year Ended June 30, 2013Trial BalanceAdjustmentsAdj. T/BalanceIncome StatementBalance SheetAccount TitleDr.Cr.Dr.Cr.Dr.Cr.Dr.Cr.Dr.Cr.Cash17,150 17,150 0 Accts receivable27,780 27,780 0 Merchandise inv.47,964 47,964 0 Prepaid insurance4,410 4,410 0 Store Supplies2,370 2,370 0 Store equipment30,000 30,000 0 Accum. deprec.3,000 0 3,000 Accounts payable12,420 0 12,420 M. Moser, capital105,572 0 105,572 M. Moser, drawing14,400 14,400 0 Sales299,400 0 299,400 Purchases192,900 192,900 0 Advertising exp.7,950 7,950 0 Rent expense30,000 30,000 0 Salaries exp.39,840 39,840 0 Utilities exp.5,628 5,628 0 420,392 420,392 Income summary0 0 Supplies expense0 0 Insurance expense0 0 Depreciation exp.0 0 Prepaid rent0 0 Salaries payable0 0 FORM1FORM2FORM3FORM4FORM5FORM6FORM7FORM8Net income#VALUE!0 #VALUE!0 #VALUE!0 #VALUE!0 ABCDEFGHIJKLM123456789101112131415161718192021222324252627282930313233343536
ChartData TableInsurance0 Salaries39,840 Advertising7,950 Rent30,000 Supplies0 12%2%9%74%2%Sports ConnectionBreakdown of Expenses
Depreciation0 CGS240,864 Utilities5,628
InsuranceSalariesAdvertisingRentSuppliesDepreciationCGSUtilities