Account # Debit Credit

101 Bank 59,750.96 $

105 Accounts Receivable Control 472.95 $
108 Insurance Prepaid 840.00 $
123 Furniture & Equipment 8,518.95 $
125 Vechicles 15,000.00 $
127 Tools & Equipment 1,893.90 $
201 Accounts payable Control 9,257.36 $
206 Gst Payable 858.50 $
207 GST-ITC 665.94 $
208 Pst Payable 1,074.50 $
301 Capital, Henri Martin 30,000.00 $
303 Capital, Wes Cortbett 30,000.00 $
401 Sales Paint & Supplies 51,225.00 $
402 Sales Wallpaper 21,110.00 $
406 Sales Discount 49.40 $
410 Commission Revenue 244.65 $
504 Purchases Paint & Supplies 30,755.00 $
505 Purchases Wallpaper 10,600.00 $
507 Purchase Discount 32.00 $
508 Freight In 424.79 $
531 Advertising Expense 668.75 $
535 Delivery Expense 372.70 $
537 Donations Expense 500.00 $
541 Office Supplies Expense 524.30 $
543 Rent Expense 10,000.00 $
544 Telephone Expense 735.62 $
545 Utilities Expense 1,904.00 $
546 Warehouse Supplies Expense 224.70 $
total 143,901.96 $ 143,802.01 $
150 A/R Beavis & Sons $509.25
Total $509.25
250 Coleman Industies $1,094.80
254 A/P Reynolds Paper Co. $2,940.00
Total $4,034.80
KBC Decorating Co.
Trial Balance
28-Feb-13
Schedule of Acoounts Receivable
Schedule of Accounts Payable
Account # Debit Credit
101 Bank 50,317.92 $
105 Accounts Receivable Control 509.25 $
108 Insurance Prepaid 840.00 $
123 Furniture & Equipment 8,000.00 $
125 Vechicles 15,000.00 $
127 Tools & Equipment 1,893.90 $
201 Accounts payable Control 4,034.80 $
206 Gst Payable 2,758.25 $
207 GST-ITC 2,290.98 $
208 Pst Payable 1,438.85 $
301 Capital, Henri Martin 30,000.00 $
303 Capital, Wes Cortbett 30,000.00 $
401 Sales Paint & Supplies 38,605.00 $
402 Sales Wallpaper 16,560.00 $
406 Sales Discount 22.00 $
410 Commission Revenue 149.69 $
504 Purchases Paint & Supplies 24,500.00 $
505 Purchases Wallpaper 8,600.00 $
507 Purchase Discount 32.00 $
508 Freight In 265.36 $
531 Advertising Expense 668.75 $
535 Delivery Expense 238.04 $
537 Donations Expense 500.00 $
541 Office Supplies Expense 524.30 $
543 Rent Expense 7,500.00 $
544 Telephone Expense 533.39 $
545 Utilities Expense 1,150.00 $
546 Warehouse Supplies Expense 224.70 $
total 123,578.59 $ 123,578.59 $
150 A/R Beavis & Sons $509.25
Total $509.25
250 Coleman Industies $1,094.80
254 A/P Reynolds Paper Co. $2,940.00
Total $4,034.80
KBC Decorating Co.
Trial Balance
28-Feb-13
Schedule of Acoounts Receivable
Schedule of Accounts Payable
Account # Debit Credit
101 Bank 36,233.82 $
105 Accounts Receivable Control 2,483.25 $
108 Insurance Prepaid 840.00 $
123 Furniture & Equipment 8,000.00 $
125 Vechicles 15,000.00 $
127 Tools & Equipment 1,893.90 $
201 Accounts payable Control 4,373.60 $
206 Gst Payable 1,706.25 $
207 GST-ITC 1,824.40 $
208 Pst Payable 833.00 $
301 Capital, Henri Martin 30,000.00 $
303 Capital, Wes Cortbett 30,000.00 $
401 Sales Paint & Supplies 23,325.00 $
402 Sales Wallpaper 10,800.00 $
410 Commission Revenue 94.71 $
504 Purchases Paint & Supplies 18,500.00 $
505 Purchases Wallpaper 8,600.00 $
508 Freight In 224.70 $
531 Advertising Expense 668.75 $
535 Delivery Expense 143.04 $
541 Office Supplies Expense 524.30 $
543 Rent Expense 5,000.00 $
544 Telephone Expense 331.70 $
545 Utilities Expense 640.00 $
546 Warehouse Supplies Expense 224.70 $
total 101,132.56 $ 101,132.56 $
150 A/R Beavis & Sons $393.75
151 A/R Dayson & Sons $840.00
152 A/R Jay-May-Co $577.50
153 A/R S. Miller $672.00
Total $2,483.25
251 A/P Major Office Supplies $504.00
254 A/P Reynolds Paper Co. $3,869.60
Total $4,373.60
KBC Decorating Co.
Trial Balance
28-Feb-13
Schedule of Acoounts Receivable
Schedule of Accounts Payable
Account # Debit Credit
101 Bank 29,484.80 $
123 Furniture & Equipment 8,000.00 $
125 Vechicles 15,000.00 $
127 Tools & Equipment 1,893.90 $
206 Gst Payable 1,025.00 $
207 GST-ITC 1,441.75 $
208 Pst Payable 1,435.00 $
301 Capital, Henri Martin 30,000.00 $
303 Capital, Wes Cortbett 30,000.00 $
401 Sales Paint & Supplies 14,500.00 $
402 Sales Wallpaper 6,000.00 $
504 Purchases Paint & Supplies 18,500.00 $
505 Purchases Wallpaper 5,000.00 $
508 Freight In 139.10 $
531 Advertising Expense 668.75 $
535 Delivery Expense 64.20 $
541 Office Supplies Expense 267.50 $
543 Rent Expense 2,500.00 $
82,960.00 $ 82,960.00 $
Trial Balance
KBC Decorating Co.
January 15 2013