Sanguine Company

Worksheet
30-Jun-15

ACCOUNTS Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Dr Cr Dr Cr Dr Cr Dr Cr Dr Cr
Cash 2,200 2,200 2,200
Accounts Receivable 7,500 1,750 9,250 9,250
Prepaid Insurance 1,800 800 1,000 1,000
Supplies 1,350 700 650 650
Land 50,000 50,000 50,000
Building 137,500 137,500 137,500
Acc. Depreciation, bldg. 51,700 1,620 53,320 53,320
Equipment 90,100 90,100 90,100
Acc. Depreciation, equipment 35,300 3,500 38,800 38,800
Accounts payable 3,500 3,500 3,500
Unearned rent 3,000 2,000 1,000 1,000
Sebrena Marsh, capital 212,500 212,500 212,500
Sebrena Marsh, drawing 10,000 10,000 10,000
Fees revenue 188,400 1,750 190,150 190,150
Salaries and wages expense 101,200 1,050 102,250 102,250
Advertising expense 58,200 58,200 58,200
Utilities expense 19,000 19,000 19,000
Repairs expense 11,500 11,500 11,500
Miscellaneous expense 4,050 4,050 4,050
Total 494,400 494,400

Insurance expense 800 800 800

Supplies expense 700 700 700
Depreciation expense, bldg. 1,620 1,620 1,620
Depreciation expense, equipment 3,500 3,500 3,500
Salaries and wages payable 1,050 1,050 1,050
Rental income 2,000 2,000 2,000

Subtotal 11,420 11,420 502,320 502,320 201,620 192,150 300,700 310,170

Net loss 9,470 9,470
Total 9,670 11,420 490,870 502,320 201,620 201,620 310,170 310,170