Verbo Tampico

Your Business NameTrial BalanceJune 31, 20XX |
Debit | Credit |
Cash | $800.00 | |
Accounts Receivable | 400.00 | |
Supplies | 600.00 | |
Prepaid Rent | 1,200.00 | |
Equipment |10,000.00 | |
Accounts Payable | | $3,000.00 |
Owner, Capital | | 9,000.00 |
Owner, Drawing | 1,000.00 | |
Sales | | 3,000.00 |
Salary Expense | 700.00 | |
Misc. Expense | 300.00 | || $15,000.00 | $15,000.00 |
 

Adjusted Trial Balance |
January 31, 2010 |
  |
  | Debit | Credit |
Cash | $20,430 | − |
Accounts Receivable | 5,900 | − |
Office Supplies | 4,320 | − |Prepaid Rent | 24,000 | − |
Equipment | 80,000 | − |
Accumulated Depreciation | − | $1,100 |
Accounts Payable | − | 5,200 |
Utilities Payable | − | 3,964 |
Unearned Revenue | − | 1,000 |Interest Payable | − | 150 |
Notes Payable | − | 20,000 |
Common Stock | − | 100,000 |
Service Revenue | − | 85,600 |
Wages Expense | 38,200 | − |
Supplies Expense | 18,480 | − |
RentExpense | 12,000 | − |
Miscellaneous Expense | 3,470 | − |
Electricity Expense | 2,470 | − |
Telephone Expense | 1,494 | − |
Depreciation Expense | 1,100 | − |
Interest Expense | 150 | − |Dividend | 5,000 | − |
Total | $217,014 | $217,014 |
The totals of an adjusted trial balance must be equal. Any difference i

Beta Sales Company 
Balance Sheet 
December 31, 20XX |
Assets |Liabilities and Capital |
Current Assets | Current Liabilities | | |
Cash | $12,300 |   | Accounts payable | $ 8,900 |   | |
Accounts receivable | 22,900 |   | Wages payable | 11,525 |   | |Inventory | 32,090 |   | Total Current Liabilities | $20,425 | |
Prepaid Insurance | 2,500 |   | Long-Term Liabilities | |
Total Current Assets | $69,790 | Bank Loan Payable | 17,500 |   | |Fixed Assets | Total Long-Term Liability | 17,500 | |
Equipment | 100,200 |   | Total Liabilities | 37,925 | |
Less: Accumulated Depreciation | (78,321) |   | Capital | |
Total Fixed...