Accounting: General Journal, Ledger, Trial Balance, Worksheet

Running head: ACCOUNTING
Accounting
Name of the Student:
Name of the University:
Author’s Note:

1ACCOUNTING
Table of Contents
General Journal:...............................................................................................................................2
General Ledger:...............................................................................................................................4
Unadjusted Trial Balance:...............................................................................................................8
10-Column Worksheet:..................................................................................................................10
Income Statement:.........................................................................................................................11
Balance Sheet:...............................................................................................................................11
Difference between Accrual Profit & Cash Profit:........................................................................12
Workings:......................................................................................................................................14
Reference.......................................................................................................................................16

2ACCOUNTING
General Journal:
In the books of Muscle Up
Journal Entries
Dr. Cr.
Date Particulars Amount Amount
01-06-2018 Cash at Bank $10,120
Accounts Receivable $19,111
Motor Vehicle $32,752
Gym equipment $21,829
Stationery Supplies $409
Accounts Payable $7,445
Bank Loan $25,131
Capital $51,645
01-06-2018 Prepaid Insurance $2,375
Cash at Bank $2,375
01-06-2018 Sundry Expenses $278
Cash at Bank $278
01-06-2018 Accounts Receivable $1,012
Gym Fees $1,012
03-06-2018 Prepaid Rent $3,177
Cash at Bank $3,177
03-06-2018 Accounts Receivable $1,046
Squash Fees $1,046
04-06-2018 Cash at Bank $1,484
Accounts Receivable $1,484
08-06-2018 Cash at Bank $1,862
Accounts Receivable $1,862
10-06-2018 Cash at Bank $1,954
Squash Fees $1,954
11-06-2018 Cash at Bank $1,456
Gym Fees $1,456

3ACCOUNTING
12-06-2018 Cash at Bank $2,091
Membership Fees $2,091
13-06-2018 Equipment Hiring Charges $671
Accounts Payable $671
13-06-2018 Accounts Receivable $825
Gym Fees $825
14-06-2018 Accounts Payable $610
Cash at Bank $610
15-06-2018 Wages Expense $2,157
Cash at Bank $2,157
16-06-2018 Advertising Expense $745
Cash at Bank $745
18-06-2018 Cash at Bank $1,860
Squash Fees $1,860
19-06-2018 Stationery Supplies $817
Cash at Bank $817
21-06-2018 Accounts Receivable $1,022
Squash Fees $1,022
21-06-2018 Drawings $879
Cash at Bank $879
24-06-2018 Cash at Bank $3,939
Capital $3,939
24-06-2018 Motor Vehicle Expense $238
Cash at Bank $238
25-06-2018 Accounts Payable $688
Cash at Bank $688
26-06-2018 Cash at Bank $2,103
Membership Fees $2,103