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Accounting Worksheet Assignment

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Added on  2019-11-08

Accounting Worksheet Assignment

   Added on 2019-11-08

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ACCOUNTING WORKSHEET1ACCOUNTINGWORKSHEET
Accounting Worksheet Assignment_1
ACCOUNTING WORKSHEET2ContentsIntroduction:...............................................................................................................................3Detailed analysis:.......................................................................................................................3References..................................................................................................................................9
Accounting Worksheet Assignment_2
ACCOUNTING WORKSHEET3Introduction:The assignment is about the creation of a worksheet. It has the general ledger accounts titlesin the first column and is followed by the debit and the credit amounts under the head ofunadjusted trial balance and the same are then exposed to various adjustments that areundertaken at the end of period such as the reporting or the recording of the depreciationamount. After then the adjustments are undertaken into account and the effects of theseadjustments are brought into the trial balance which is then termed as the Adjusted TrialBalance. This Adjusted Trial Balance is then used for the purposes of preparing the financialstatements.Detailed analysis:The worksheet generally has a general ledger account which contains the titles of theaccounts. There would be one debit and one credit. And this would be for each one of thefollowing headings:1.Trial Balance which contains in the adjusted balance for each account which is asfollows:Paul services Trial Balance As At 31 May 2016Account NoAccount Name Debit Credit 101Cash at Bank$1,40,790
Accounting Worksheet Assignment_3
ACCOUNTING WORKSHEET4105Accounts Receivable$46,930 115Supplies$2,410 120Prepaid Insurance$4,820 135Office Furniture$60,300 137Acc. Depreciation. -Furniture$12,000 140Office Equipment$1,20,600 141Acc. Depreciation -Equipment$24,000 145Store Equipment$1,80,900 146Acc. Deprciation - Equipment$18,000 170Automobile$2,41,200 171Acc. Depreciation -Automobile$24,000 201Accounts Payable$93,860 202Interest Payable$1,40,790 207Unearned revenue$30,150 210Loan Payable$12,060 215Mortgage Payable$2,41,200 301Paul's Capital$1,48,320 305Paul's Drawings$72,000 401 Revenue$2,41,000 601Advertising Expense$2,800 605Automobile Expense$5,775 615Depreciation Expense -Furniture$12,000 620Depreciation Expense -Equipment$24,000 625Depreciation Expense - StoreEquipment$18,000 640Depreciation Expense -Automobile$24,000 650Insurance Expense$2,300 665Maintenance Expense$9,800 670Miscellaneous Expense$1,155 675Rent Expense$2,400 680Supplies Expense$4,800 685Utilities Expense$3,600 690Interest Expense$4,800 $9,85,380 $9,85,380
Accounting Worksheet Assignment_4

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