Financial Statement Amounts

DetailInfo

Shabby Computer Systems After Closing Trial Balance Worksheet December 31, xxxx


Account Name / Description	Adjusted Trial Balance		Closing Entries				After ClosingTrial Balance
	Debit	Credit	Debit	Ref	Credit	Ref	Debit	Credit
Balance Sheet Accounts
Cash	5260						5260
Accounts Receivable	24800						24800
Office Supplies Inventory	300						300
Prepaid Insurance
Inventory for Resale	8000						8000
Truck	12400						12400
Accounts Payable		1000						1000
Other Accruals		500						500

Owner's Capital
Shabby Computer Systems, Capital		22100	24000	a	42160	p		40260

Shabby Computer Systems, Drawings	24000				24000	a	0	0

Total Balance Sheet Accounts	74760	32600					50760	50760

Revenue & Expense Accounts
Consulting Services		50000	50000	b			0	0
Computer Sales		100000	100000	c			0	0
Cost of Goods Sold-Computers	72500				72500	d	0	0
Purchases
Rent Expense	6000				6000	e	0	0
Utilities Expense	4800				4800	f	0	0
Office Supplies	1200				1200	g	0	0
Insurance Expense	6000				6000	h	0	0
Vehicle Operation Expense	3600				3600	i	0	0
Maintenance & Repairs	2900				2900	j	0	0
Depreciation Expense	3100				3100	k	0	0
Bad Debt Expense	1000				1000	l	0	0
Bank Charges	240				240	m	0	0
Advertising Expense	4250				4250	n	0	0
Professional Fees Expense	2250				2250	o	0	0

Total Revenue/Expense Accounts	107840	150000					0	0

Income Summary					50000	b
					100000	c
			72500	d
			6000	e
			4800	f
			1200	g
			6000	h
			3600	i
			2900	j
			3100	k
			1000	l
			240	m
			4250	n
			2250	o

Balance Of Income Summary Account After Closing Revenue and Expense Accounts And Prior To Transferring Profit/Loss
Total Debits and Credits			107840		150000
Income Summary Balance-Credit Balance of 42160

Transfer Income Summary Balance-Profit/Loss			42160	p

Total Income Summary			150000		150000


Total All Accounts	182600	182600	324000		324000		50760	50760