(solution) Hello, I'm not sure how specific you wanted me to be in my

(solution) Hello, I'm not sure how specific you wanted me to be in my

Hello, 

I’m not sure how specific you wanted me to be in my question but I’ll just send you my project and tell you what question i needed help on

I would like help on questions 29 (to see if i got it correct) and number 35 in the transaction tab (the answers I have are in the general journals tab)

Building Blocks of Accounting .. A Financial Perspective
to the same screen that the project was downloaded from:
www.cybertext.com, The Book List, Building Blocks of Accounting – A Financial Perspective, Enter password,
Christine,
when
youFile.
are ready to have your work graded you will upload this file CL2579.xls or
Upload Your
Excel
Keep two copies of your spreadsheet in two separate places in case one does not work.
You may find it easier to work on this project if you print a hard copy of all the pages. NOTE:
If there are any questions about the project e-mail [email protected] or call 305.284.6296.
Grade will be based upon answers entered into the shaded boxes. F311 150126 CL2579.xlsx, Elf Village
Productions 50 Sheet Legal Pad Building Blocks of Accounting .. A Financial Perspective
Page 1 FAQ FAQ 01 My file used to upload, why is it not uploading? Answer: Sometimes we unknowing add items to a workbook that inhibits the upload process. The conversion to an earlier version
Somehow clean the files and they then upload without problem. If the problem continue simple send your file as an
attachment with your username and [email protected]
Windows Operating System
Select File
Select Save As
Select Save As Type:
Select Microsoft 5.0/95 Workbook (*.xls)
Select Save
Select Continue or Yes if prompted or if it indicates that there is limited memory.
Select
Select
Select
Select
Select
Select File Close
File Open and open the .xls file
Save As
Save As Type:
Excel Workbook (*.xlsx)
Save Upload the file at cybertext.com Apple Operating System
Select File
Select Save As
Select Format:
Select Microsoft 5.0/95 Workbook (*.xls)
Select Save
Select Continue or Yes if prompted or if it indicates that there is limited memory.
Select
Select
Select
Select
Select
Select MF1234.xlsx File Close
File Open and open the .xls file
Save As
Format:
Excel Workbook (*.xlsx)
Save Upload the file at cybertext.com Excel 5.0/95
Workbook (.xls) Elf Village
Productions 50 Sheet Legal Pad Building Blocks of Accounting .. A Financial Perspective
Page 2 FAQ FAQ 02 When I try to enter information in the General Journal why does an error appears indicating that the cell protected? Answer: The computer program is designed to save you time. Instead of requiring you to enter the description four
times the program automatically copies the description when you enter a new account number. This process
requires that the data entry is limited to those cells which contain unique information. The cells that you can
enter data into are the yellow filled cells. FAQ 03 In the feedback section, what does it mean when I have points under reverse? Answer: If you pay a telephone expense of $100.00
Telephone Expense 100
100 Cash If you debit cash and credit telephone expense you have reversed the whole entry.
Cash 100
Telephone Expense 100 If you debit cash and credit anything else you have reversed part of the entry.
Cash 100
Rent Expense 100 Elf Village
Productions 50 Sheet Legal Pad Building Blocks of Accounting .. A Financial Perspective
FAQ FAQ 04 How does my instructor get my grade? Answer: Every time you upload your grade is recorded in a table. Your instructor can look at the table whenever they
want to, although only the last grade counts. Keep a hard copy of your last upload for documentation. FAQ 05 I have entered all the transactions and have completed the worksheet however I get following
message on the financial statements: "You must finish the worksheet before you can complete the …." Answer: The worksheet demonstrates that the accounting system is working. If all of your journal entries are
in balance then the Unadjusted Trial Balance and the Adjusting Entry columns will balance. The
Adjusted Trial Balance columns net the Unadjusted Trial Balance and the Adjusting Entry columns.
There are four steps to completing the worksheet:
1. Copy the account balances from the Adjusted Trial Balance into the either the Income Statement or the
Balance Sheet columns, (debits remain debits and credits remain credits).
2. Calculate the Net Income or Net Loss by finding the difference between the revenues and expenses.
3. Calculate the Net Income or Net Loss by finding the difference between the total of the debit balances and
the total of the credit balances of the accounts in the Balance Sheet columns of the worksheet.
4. Compare the two Net Incomes. If they are the same the financial statements will be displayed, otherwise
there is an error in the completion of the worksheet. Page 3 Building Blocks of Accounting — A Financial Perspective
The instructions start on row 22 of this page. FIRST
Christine LAST
Luu SS
2579 File
CL2579 Welcome to the worlds first ePractice case, an individualized, internet generated and graded case study that
focuses on the analytically portion of the accounting cycle while automating the repetitive posting cycle.
NOTE: If the program is not working e-mail [email protected], 305.284.6296.
Step I – The Chart of Accounts
The chart of accounts includes all of the accounts that you can use to solve your case. You may want to print
the chart of accounts and use it as an easy reference guide.
Step II ? Journalizing the Transactions.
Using your unique transactions record the corresponding general journal entry, rounding to two decimal
places. For example, 01 June 1: Joseph made an investment in Byte of Accounting, Inc. by purchasing 2,000 shares of its
common stock for $40,000 cash. The par value of the common stock was $20 per share. 01 Jun 01 Description C
re
di
t Name D
eb
it ou
nt
Ac
c D
at
e Tr
an
sa ct
io
n In the date field enter the date of the transaction. If you do not enter a date value an error message will appear. Cash In the account field enter the account number that corresponds to the account in the chart of accounts.
You can also use the pull down list to find the appropriate account number. If you use a number that 01 Jun 01 Description C
re
di
t Name D
eb
it ou
nt
Ac
c D
at
e Tr
an
sa ct
io
n is not on the chart of accounts an error message will appear. 1110 Cash Land
The name of the account will automatically appear in the name column. If it is the wrong
account renter the correct account number.
Enter the description in the description field. Description 01
01 Jun 01
Jun 01 1110 Cash
Joseph's investment
Advertising Joseph's investment 01 Jun 01 Accounts PJoseph's investment C
re
di
t D
eb
it ou
nt D
at
e Ac
c ct
io
n
Tr
an
sa Name Description C
re
di
t Name D
eb
it ou
nt
Ac
c D
at
e Tr
an
sa ct
io
n Enter the amount in the debit field. Transaction # 1 Not in Balance by $40,000. 01 Jun 01 1110 Cash 01 Jun 01 Cash Joseph's investment 40,000.00 Joseph's investment Description C
re
di
t Name D
eb
it ou
nt
Ac
c D
at
e Tr
an
sa ct
io
n Enter the second account number. Transaction # 1 Not in Balance by $40,000. 01
01
01 Jun 01
Jun 01
Jun 01 1110 Cash
40,000.00
Joseph's investment
3100 Capital Stock Joseph's investment
Cash
Joseph's investment 01 Jun 01 1110 Cash
3100 Capital Stock Description
Joseph's investment C
re
di
t Name D
eb
it ou
nt
Ac
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at
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an
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n Enter the amount in the credit field. 40,000.00 Joseph's investment 40,000.00 Accounts PJoseph's investment
Cash
Joseph's investment Step III ? Worksheet
Although not graded, you need to complete the Worksheet. If each of your journal entries are in balance then
your Unadjusted Trial Balance and the Adjusting Entry columns will be in balance. Your Adjusted Trial
Balance will balance when you place each of the account balances into the correct debit or credit position in
the Adjusted Trial Balance section of the Worksheet. .
1. Copy the account balances from the Adjusted Trial Balance into the either the Income Statement or the
Balance Sheet columns, (debits remain debits and credits remain credits).
2. Calculate the Net Income or Net Loss by finding the difference between the revenues and expenses.
3. Calculate the Net Income or Net Loss by finding the difference between the total of the debit balances and
the total of the credit balances of the accounts in the Balance Sheet columns of the worksheet.
4. Compare the two Net Incomes. If they are the same the financial statements will be displayed, otherwise
there is an error in the completion of the worksheet. Step IV ? Prepare the Financial Statements.
After you have entered all of the transactions and prepared the Worksheet, you are to prepare the Income
Statement, Shareholder's Equity Statement and Balance Sheet using the forms provided.
Step V ? Prepare the Closing Entries.
Based upon the information from your Worksheet or from your Financial Statements, prepare the closing
entries.
Step VI ? Upload the File.
Whenever you want to have cybertext.com grade your work submit it to them on the bottom of the screen
that you downloaded the file.
Grading:
You will be graded on the Journal Entries and the three financial statement. The case will be computer
graded, therefore make sure all numbers are in the appropriate cells. The computer will evaluate your
transactions when grading your financial statements.
Note:
Save and make backup copies regularly. Number Name
1110 Cash
1120 Accounts Receivable
1130 Prepaid Insurance
1140 Prepaid Rent
1150 Office Supplies
1211 Office Equip.
1212 Accum. Depr.-Office Equip.
1311 Computer Equip.
1312 Accum. Depr.-Computer Equip.
1411 Building Cost
1412 Accum. Depr.-Building
1510 Land
2101 Accounts Payable
2102 Advanced Payments
2103 Interest Payable
2105 Salaries Payable
2106 Income Taxes Payable
2201 Mortgage Payable
2202 Notes Payable
3100 Capital Stock
3200 Retained Earnings
3300 Dividends
3400 Income Summary
4100 Computer & Consulting Revenue
5010 Rent Expense
5020 Salary Expense
5030 Advertising Expense
5040 Repairs & Maint. Expense
5050 Oil & Gas Expense
5080 Supplies Expense
5090 Interest Expense
5100 Insurance Expense
5110 Depreciation Expense
5120 Income Tax Expense Normal Balance
Debit
Debit
Debit
Debit
Debit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Credit
Credit
Credit
Credit
Credit
Credit
Credit
Credit
Debit
Credit
Credit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit
Debit Error #
1
2
4
8
16
32
64
128
256
512
1024 Message
Debit And Credit On Same Line Debit Before Credit Need An Account Number Round To Two Decimal Places Need a Description Need a Date Byte of Accounting, Inc.
Christine Luu 2842
Description of transaction Transaction
01. 02. June 1: Byte of Accounting, Inc. acquired $79,200 in cash from Lauryn and issued 3,600 shares
of its common stock. June 1: Byte of Accounting, Inc. issued 2,580 shares of its common stock to Christine Luu after
$23,320 in cash and computer equipment with a fair market value of $33,440 were received. 03. June 1: Byte of Accounting, Inc. issued 1,942 shares of its common stock after acquiring from
Courtney $29,700 in cash, computer equipment with a fair market value of $12,320 and office
equipment with a fair value of $704.
04. June 2: A down payment of $32,000 in cash was made on additional computer equipment that was
purchased for $160,000. A five-year note was executed by Byte for the balance.
05. June 4: Additional office equipment costing $400 was purchased on credit from Discount
Computer Corporation.
06. June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for
credit to be applied against the outstanding balance owed by Byte.
07. June 10: Byte paid $24,500 on the balance it owed on the June 2 purchase of computer equipment. 08. June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for
$5,304 in cash. The effective date of the policy was June 16.
09. June 16: A check in the amount of $6,500 was received for consulting revenue.
10. June 16: Byte purchased a building and the land it is on for $143,000, to house its repair facilities
and to store computer equipment. The lot on which the building is located is valued at $23,000.
The balance of the cost is to be allocated to the building. Byte made a cash down payment of
$14,300 and executed a mortgage for the balance. The mortgage is payable in eight equal annual
installments beginning July 1. 11. June 17: Cash of $8,800 was paid for rent for June, July, August and September. Put the total
amount into the Prepaid Rent account.
12. June 17: Received a bill of $300 from the local newspaper for advertising.
13. June 21: Accounts payable in the amount of $320 were paid. Byte of Accounting, Inc.
Christine Luu 2842
Transaction
Description of transaction
14. June 21: A fax machine for the office was purchased for $850 cash.
15. June 21: Billed various miscellaneous local customers $4,000 for consulting services performed. 16. June 22: Paid salaries of $910 to equipment operators for the week ending June 18.
17. June 22: Received a bill for $1,290 from Computer Parts and Repair Co. for repairs to the
computer equipment.
18. June 22: Paid the advertising bill that was received on June 17.
19. June 23: Purchased office supplies for $480 on credit. Record the purchase as an increase to the
assets.
20. June 23: Cash in the amount of $3,205 was received on billings.
21. June 28: Billed $6,120 to miscellaneous customers for services performed to June 25.
22. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co.
23. June 29: Cash in the amount of $5,799 was received for billings.
24. June 29: Paid salaries of $910 to equipment operators for the week ending June 25.
25. June 30: Received a bill for the amount of $790 from O & G Oil and Gas Co.
26. June 30: Paid a cash dividend of $0.23 per share to the three shareholders of Byte. [IMPORTANT
NOTE: The number of shares of capital stock outstanding can be determined from the first three
transactions.]
Adjusting Entries – Round to two decimal places.
27. The rent payment made on June 17 was for June, July, August and September. Expense the
amount associated with one month's rent.
28. A physical inventory showed that only $191.00 worth of office supplies remained on hand as of
June 30.
29. The annual interest rate on the mortgage payable was 8.50 percent. Interest expense for one-half
month should be computed because the building and land were purchased and the liability incurred
on June 16. Byte of Accounting, Inc.
Christine Luu 2842
Transaction
Description of transaction
30. Information relating to the prepaid insurance may be obtained from the transaction recorded on
June 14. Expense the amount associated with one half month's insurance.
31. A review of Byte?s job worksheets show that there are unbilled revenues in the amount of $5,750
for the period of June 28-30.
32. The fixed assets have estimated useful lives as follows:
Building – 31.5 years
Computer Equipment – 5.0 years
Office Equipment – 7.0 years
Use the straight-line method of depreciation. Management has decided that assets purchased
during a month are treated as if purchased on the first day of the month. The building?s scrap
value is $7,000. The office equipment has a scrap value of $400. The computer equipment has no
scrap value. Calculate the depreciation for one month. 33. A review of the payroll records show that unpaid salaries in the amount of $546.00 are owed by
Byte for three days, June 28 – 30.
34. The note payable relating to the June 2, and 10 transactions is a five-year note, with interest at the
rate of 12 percent annually. Interest expense should be computed based on a 360 day year.
[IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was
$128,000. On June 10, eight days later, $24,500 was repaid. Interest expense must be
calculated on the $128,000 for eight days. In addition, interest expense on the $103,500 balance of
the loan ($128,000 less $24,500 = $103,500) must be calculated for the 20 days remaining in the
month of June.]
35. Income taxes are to be computed at the rate of 25 percent of net income before taxes.
[IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to
prepare the Income Statements through the Net Income Before Tax line. The worksheet contains
all of the accounts and their balances which you can then transfer to the appropriate financial
statement.] Closing Entries
36. Close the revenue accounts.
37. Close the expense accounts.
38. Close the income summary account.
39. Close the dividends account. A Byte of Accounting, Inc.
General Journal
al
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nc
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t Description C
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enter databy
into$546.00
the yellow filled cells.
Notcaninonly
Balance 01
01 Jun 01
Jun 01 1110 Cash
3100 Capital Stock Lauryn's investment
Lauryn's investment 79,200.00 79200
79,200.00 (79200)
0
0 0
0
0
0 02
02
02 Jun 01
Jun 01
Jun 01 1110 Cash
1311 Computer Equip.
3100 Capital Stock Christine Luu's Common Stock
Christine Luu's Common Stock
Christine Luu's Common Stock 23,320.00
33,440.00 23320
33440
56,760.00 (56760)
0 0
0
0
0 03
03
03
03 Jun 01
Jun 01
Jun 01
Jun 01 1311 Computer Equip.
1211 Office Equip.
1110 Cash
3100 Capital Stock Courtney's Investment
Courtney's Investment
Courtney's Investment
Courtney's Investment 12,320.00
704.00
29,700.00 12320
704
29700
42,724.00 (42724) 0
0
0
0 04
04
04 Jun 02
Jun 02
Jun 02 1311 Computer Equip.
2202 Notes Payable
1110 Cash Computer Downpayment
Computer Downpayment
Computer Downpayment 160,000.00 160000
128,000.00
###
32,000.00 (32000)
0 0
0
0
0 05
05 Jun 04
Jun 04 1211 Office Equip.
2101 Accounts Payable Office Equipment on Credit
Office Equipment on Credit 400
(400)
0
0 0
0
0
0 06
06 Jun 08
Jun 08 2101 Accounts Payable
1211 Office Equip. Return office equipment
Return office equipment 80
(80)
0
0 0
0
0
0 07
07 Jun 10
Jun 10 2202 Notes Payable
1110 Cash Pay for Computer
Pay for Computer 24,500.00 24500
24,500.00 (24500)
0
0 0
0
0
0 08
08 Jun 14
Jun 14 1130 Prepaid Insurance
1110 Cash Pay for insurance
Pay for insurance 5,304.00 5304
5,304.00 (5304)
0
0 0
0
0
0 09
09 Jun 16
Jun 16 1110 Cash
Consulting revenue
4100 Computer & ConsultingConsulting revenue 6,500.00 6500
6,500.00 (6500)
0
0 0
0
0
0 10
10
10
10 Jun 16
Jun 16
Jun 16
Jun 16 1510 Land
1411 Building Cost
1110 Cash
2201 Mortgage Payable Down payment for building and land
Down payment for building and land
Down payment for building and land
Down payment for building and land 23,000.00
120,000.00 23000
120000
14,300.00 (14300)
128,700.00
### 0
0
0
0 11
11 Jun 17
Jun 17 1140 Prepaid Rent
1110 Cash Rent for June-September
Rent for June-September 8,800.00 8800
8,800.00 (8800)
0
0 0
0
0
0 12
12 Jun 17
Jun 17 5030 Advertising Expense
2101 Accounts Payable Receive bill for advertising
Receive bill for advertising 300.00 300
(300)
0
0 0
0
0
0 13
13 Jun 21
Jun 21 2101 Accounts Payable
1110 Cash Pay accounts payable
Pay accounts payable 320.00 320
(320)
0
0 0
0
0
0 14
14 Jun 21
Jun 21 1211 Office Equip.
1110 Cash Pay for fax machine
Pay for fax machine 850.00 850
(850)
0
0 0
0
0
0 15
15 Jun 21
Jun 21 1120 Accounts Receivable Pay for Consulting services
4100 Computer & ConsultingPay for Consulting services 4000
4,000.00 (4000)
0
0 0
0
0
0 16
16 Jun 22
Jun 22 5020 Salary Expense
1110 Cash 910
(910)
0
0 0
0
0
0 17
17 Jun 22
Jun 22 5040 Repairs & Maint. ExpenPaid for computer repairs
2101 Accounts Payable
Paid for computer repairs 1290
1,290.00 (1290)
0
0 0
0
0
0 Paid salary expenses
Paid salary expenses 400.00
400.00 80.00
80.00 300.00 320.00 850.00 4,000.00 910.00
910.00 1,290.00 A Byte of Accounting, Inc.
General Journal 18
18 Jun 22
Jun 22 2101 Accounts Payable
1110 Cash Paid advertising expense
Paid advertising expense 300.00 19
19 Jun 23
Jun 23 1150 Office Supplies
2101 Accounts Payable Purchases office supply
Purchases office supply 480.00 20
20 Jun 23
Jun 23 1110 Cash
1120 Accounts Receivable Cash received on billings
Cash received on billings 21
21 Jun 28
Jun 28 1120 Accounts Receivable Billed customers for services
4100 Computer & ConsultingBilled customers for services 22
22 Jun 29
Jun 29 23
23 al
Ba
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nc
To
t Description C
re
di
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Ac
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enter databy
into$546.00
the yellow filled cells.
Notcaninonly
Balance 300
(300)
0
0 0
0
0
0 480
(480)
0
0 0
0
0
0 3,205.00 3205
3,205.00 (3205)
0
0 0
0
0
0 6,120.00 6120
6,120.00 (6120)
0
0 0
0
0
0 2101 Accounts Payable
1110 Cash Paid bill for repair and maintaneance
1,290.00
Paid bill for repair and maintaneance expenses 1290
1,290.00 (1290)
0
0 0
0
0
0 Jun 29
Jun 29 1110 Cash
2101 Accounts Payable Cash received on billings
Cash received on billings 5799
5,799.00 (5799)
0
0 0
0
0
0 24
24 Jun 29
Jun 29 5020 Salary Expense
1110 Cash Paid salary expenses
Paid salary expenses 910.00 910
(910)
0
0 0
0
0
0 25
25 Jun 30
Jun 30 5050 Oil & Gas Expense
2101 Accounts Payable Received bill for oli and gas expenses
Received bill for oli and gas expenses 790.00 790
(790)
0
0 0
0
0
0 26
26 Jun 30
Jun 30 3300 Dividends
1110 Cash Dividends to Lauren & Sisi Courtney
Dividends to Lauren & Sisi Courtney 1,868.00 1868
1,868.00 (1868)
0
0 0
0
0
0 27
27 Jun 30
Jun 30 5010 Rent Expense
1140 Prepaid Rent Adjusted to accumulated rent expens
Adjusted to accumulated rent expense 2,200.00 2200
2,200.00 (2200)
0
0 0
0
0
0 28
28 Jun 30
Jun 30 5080 Supplies Expense
1150 Office Supplies Adjusted to used office supplies
Adjusted to used office supplies 1,139.00 1139
1,139.00 (1139)
0
0 0
0
0
0 29
29 Jun 30
Jun 30 5090 Interest Expense
2103 Interest Payable Accumulated interest on mortgage no
Accumulated interest on mortgage note 455.81 456
(456)
0
0 0
0
0
0 30
30 Jun 30
Jun 30 5100 Insurance Expense
1130 Prepaid Insurance Half month insurance expired
Half month insurance expired 221.00 221
(221)
0
0 0
0
0
0 31
31 Jun 30
Jun 30 1120 Accounts Receivable Billed for services
4100 Computer & ConsultingBilled for services 5,750.00 5750
5,750.00 (5750)
0
0 0
0
0
0 32
32
32
32 Jun 30
Jun 30
Jun 30
Jun 30 5110 Depreciation Expense Adjusted for accumulated depreciatio
1212 Accum. Depr.-Office EqAdjusted for accumulated depreciation
1312 Accum. Depr.-ComputerAdjusted for accumulated depreciation
1412 Accum. Depr.-Building Adjusted for accumulated depreciation 3,740.46 3740
12.19
(12)
3,429.33 (3429)
298.94
(299) 0
0
0
0 33
33 Jun 30
Jun 30 5020 Salary Expense
2105 Salaries Payable Recorded unpaid salaries expense
Recorded unpaid salaries expense 546
(546)
0
0 0
0
0
0 34
34 Jun 30
Jun 30 5090 Interest Expense
2103 Interest Payable Interest Expense
Interest Expense 1031
1,031.33 (1031)
0
0 0
0
0
0 300.00 480.00 5,799.00 910.00 790.00 455.81 221.00 546.00
546.00 1,031.33 A Byte of Accounting, Inc.
General Journal 35
35 Jun 30
Jun 30 5120 Income Tax Expense Accured income taxes for the period
2106 Income Taxes Payable Accured income taxes for the period 36
36 Jun 30
Jun 30 4100 Computer & ConsultingClosing revenue account
3400 Income Summary
Closing revenue account 37
37
37
37
37
37
37
37
37
37
37 Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30
Jun 30 3400 Income Summary
Closing expenses
5010 Rent Expense
Debit And Credit On Same Line
5020 Salary Expense
Closing expenses
5030 Advertising Expense Debit And Credit On Same Line
5040 Repairs & Maint. ExpenClosing expenses
5050 Oil & Gas Expense
Debit And Credit On Same Line
5080 Supplies Expense
Closing expenses
5090 Interest Expense
Debit And Credit On Same Line
5100 Insurance Expense
Debit And Credit On Same Line
5110 Depreciation Expense Closing expenses
5120 Income Tax Expense Debit And Credit On Same Line 38
38 Jun 30
Jun 30 3400 Income Summary
3200 Retained Earnings Iclosing income summary account
Iclosing income summary account 39
39 Jun 30
Jun 30 3200 Retained Earnings
3300 Dividends Closing dividends
Closing dividends al
Ba
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Ac
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enter databy
into$546.00
the yellow filled cells.
Notcaninonly
Balance 2,209.10 2209
2,209.10 (2209)
0
0 0
0
0
0 22,370.00 22370
22,370.00 (22370)
0
0 0
0
0
0 0
13543
(1820)
(300)
(1290)
(790)
(1139)
(1487)
(221)
(3740)
(2209) 0
1
0
0
0
0
0
0
0
0
0 4,761.18 4761
4,761.18 (4761)
0
0 0
0
0
0 1,868.00 1868
1,868.00 (1868)
0
0 0
0
0
0 # 37 Not in Balance by $546.00 15,742.70 2,200.00
1,820.00
300.00
1,290.00
790.00
1,139.00
1,487.14
221.00
3,740.46
2,209.10 1 A Byte of Accounting, Inc.
Worksheet
For Period Ending June 30, 2016 Account
Number Name
1110 Cash
1120 Accounts Receivable
1130 Prepaid Insurance
1140 Prepaid Rent
1150 Office Supplies
1211 Office Equip.
1212 Accum. Depr.-Office Equip.
1311 Computer Equip.
1312 Accum. Depr.-Computer Equip.
1411 Building Cost
1412 Accum. Depr.-Building
1510 Land
2101 Accounts Payable
2102 Advanced Payments
2103 Interest Payable
2105 Salaries Payable
2106 Income Taxes Payable
2201 Mortgage Payable
2202 Notes Payable
3100 Capital Stock
3200 Retained Earnings
3300 Dividends
4100 Computer & Consulting Revenue
5010 Rent Expense
5020 Salary Expense
5030 Advertising Expense
5040 Repairs & Maint. Expense…