GENERAL JOURNAL

Date Account Titles Ref. Debit Kredit

Nov 1 Cash 101 700,000,000
Share Capital Ordinary 700,000,000
Building 300,000,000
Land 200,000,000
Cash 500,000,000
2 Prepaid insurance 1,800,000
Cash 1,800,000
3 Equipment 30,000,000
Account payable 30,000,000
4 Supplies 10,000,000
cash 10,000,000
5 cash 100,000,000
unearned revenue 100,000,000
7 automobile 180,000,000
cash 20,000,000
account payabble 160,000,000
8 account receivable 20,000,000
service revenue 20,000,000
10 cash 20,000,000
account receivable 20,000,000
15 cash 12,000,000
service revenue 12,000,000
21 utilities expense 2,000,000
cash 2,000,000
23 utilities expense 3,000,000
cash 3,000,000
24 Cash 18,000,000
service revenue 18,000,000
25 salaries and wages expense 30,000,000
cash 30,000,000
29 cash 10,000,000
service revenue 10,000,000
Dec 3 miscellanous expense 3,000,000
cash 3,000,000
5 cash 50,000,000
unearned revenue 50,000,000
7 edvertising expense 500,000
cash 500,000
account payable 5,000,000
cash 5,000,000
8 account receivable 60,000,000
service revenue 60,000,000
9 cash 60,000,000
 account receivable 60,000,000
11 account payable 20,000,000
cash 20,000,000
14 cash 30,000,000
service revenue 30,000,000
17 account receivable 40,000,000
service revenue 40,000,000
20 cash 40,000,000
account receivable 40,000,000
21 utilities expense 1,800,000
cash 1,800,000
23 utilities expense 2,800,000
cash 2,800,000
24 salaries and wages expense 30,000,000
cash 30,000,000
dividend 30,000,000
cash 30,000,000

adjusting entries
31-Dec depreciation expense equipment 3,000,000
accumulated depreciation equipment 3,000,000
depreciation expense building 5,000,000
accumulated depreciation building 5,000,000
depreciation expense automobile 5,000,000
accumulated depreciation automobile 5,000,000
supplies expense 9,000,000
supplies 9,000,000
salaries and wages expense 4,000,000
salaries and wages payable 4,000,000
unearned revenue 75,000,000
service revenue 75,000,000
insurance expense 300,000
prepaid insurance 300,000
31-Dec Closing entries
service revenue 265,000,000
income summary 265,000,000
Income Summary 99,400,000
salaries and wages expense 64,000,000
utilities expense 9,600,000
advertising expense 500,000
miscellanous expense 3,000,000
insurance expense 300,000
depreciation expense equipment 3,000,000
depreciation expense building 5,000,000
depreciation expense automobile 5,000,000
 supplies expense 9,000,000
income summary 165,600,000
Retained earnings 165,600,000
Retained earnings 30,000,000
dividends 30,000,000
 LEDGER
CASH ACCOUNTS RECEIVABLE
1-Nov 700,000,000 1-Nov 500,000,000 8-Nov 20,000,000 9-Nov
5-Nov 100,000,000 2-Nov 1,800,000 8-Dec 60,000,000 9-Dec
10-Nov 20,000,000 4-Nov 10,000,000 17-Dec 40,000,000 20-Dec
15-Nov 12,000,000 7-Nov 20,000,000 Balance -
24-Nov 18,000,000 21-Nov 2,000,000
29-Nov 10,000,000 23-Nov 3,000,000
5-Dec 50,000,000 25-Nov 30,000,000
9-Dec 60,000,000 3-Dec 3,000,000
14-Dec 30,000,000 7-Dec 500,000
20-Dec 40,000,000 5,000,000
11-Dec 20,000,000
21-Dec 1,800,000
23-Dec 2,800,000
24-Dec 30,000,000
30,000,000
Balance 380,100,000
RECEIVABLE PREPAID INSURANCE SUPPLIES
20,000,000 2-Nov 1,800,000 adj 300,000 4-Nov 10,000,000
60,000,000
40,000,000
SUPPLIES Equipment Accumulated Depreciataion
adj 9,000,000 3-Nov 30,000,000
Accumulated Depreciataion Equipment Building
adj 3,000,000 1-Nov 300,000,000
Accumulated Depreciation Building automobile
adj 5,000,000 7-Nov 180,000,000
accumulated depreciation automobile land
adj 5,000,000 1-Nov 200,000,000
d accounts payable unearned revenue
7-Dec 5,000,000 3-Nov 30,000,000
11-Dec 20,000,000 7-Nov 160,000,000

Balance 165,000,000 adj 75,000,000

unearned revenue salaries and wages payable share capital ord
5-Nov 100,000,000 adj 4,000,000 1-Nov
5-Dec 50,000,000
balance 150,000,000
share capital ordinari dividends
700,000,000 24-Dec 30,000,000
closing entries 30,000,000
retained earnings service revenue
8-Nov
15-Nov
24-Nov
29-Nov
8-Dec
14-Dec
17-Dec
Balance
adj
closing entries
evenue insurance expense salaries and wages expense
20,000,000 adj 300,000 25-Nov 30,000,000
12,000,000 closing 300,000 24-Dec 30,000,000
18,000,000 balance 60,000,000
10,000,000 adj 4,000,000
60,000,000 closing
30,000,000
40,000,000
190,000,000
75,000,000
265,000,000
laries and wages expense depreciation expense equipment dpreciation expense
adj 3,000,000 adj
closing 3,000,000 closing

64,000,000
dpreciation expense building depreciation expense automobile
5,000,000 adj 5,000,000
5,000,000 closing 5,000,000
 supplies expnese utilities expense
adj 9,000,000 21-Nov 2,000,000
closing 9,000,000 23-Nov 3,000,000
21-Dec 1,800,000
23-Dec 2,800,000
balance 9,600,000
closing 9,600,000
 advertising expense miscellanous expense
7-Dec 500,000 3-Dec 3,000,000
closing 500,000 closing 3,000,000
s expense SUPPLIES SUPPLIES
PLIES SUPPLIES SUPPLIES
PLIES SUPPLIES SUPPLIES
PLIES SUPPLIES SUPPLIES
PLIES SUPPLIES SUPPLIES
PLIES
 Trial Balance Adjustment
Account titles Dr. Cr. Dr.
cash 380,100,000
accounts receivable -
prepaid insurance 1,800,000
supplies 10,000,000
equipment 30,000,000
building 300,000,000
automobile 180,000,000
land 200,000,000
accounts payable 165,000,000
unearned revenue 150,000,000 75,000,000
share capital ordinary 700,000,000
service revenue 190,000,000
dividends 30,000,000
salaries and wages expense 60,000,000 4,000,000
utilities expense 9,600,000
edvertising expense 500,000
miscellanous expense 3,000,000
Totals 1,205,000,000 1,205,000,000
salaries and wages payable
insurance expense 300,000
accumulated depreciation equipment
accumulated depreciation building
accumulated depreciation automobile
depreciation expense equipment 3,000,000
depreciation expense building 5,000,000
depreciation expense automobile 5,000,000
supplies expense 9,000,000
totals 101,300,000

net income
Totals
Adjustment Adj. Trial balance Income Statement SoFP
Cr. Dr. Cr. Dr. Cr. Dr.
380,100,000 380,100,000
-
300,000 1,500,000 1,500,000
9,000,000 1,000,000 1,000,000
30,000,000 30,000,000
300,000,000 300,000,000
180,000,000 180,000,000
200,000,000 200,000,000
165,000,000
75,000,000
700,000,000
75,000,000 265,000,000 265,000,000
30,000,000 30,000,000
64,000,000 64,000,000
9,600,000 9,600,000
500,000 500,000
3,000,000 3,000,000

4,000,000 4,000,000
300,000 300,000
3,000,000 -
5,000,000 -
5,000,000 -
3,000,000 3,000,000
5,000,000 5,000,000
5,000,000 5,000,000
9,000,000 9,000,000
101,300,000 1,222,000,000 1,209,000,000 99,400,000 265,000,000 1,122,600,000

165,600,000
265,000,000 265,000,000 1,122,600,000
SoFP
Cr.

165,000,000
75,000,000
700,000,000

4,000,000

3,000,000
5,000,000
5,000,000

957,000,000

165,600,000
1,122,600,000
 LAW AND JUSTICE LAW AND JUSTICE
Income Statement Retained Earnings Statem
december, 31 2016 december, 31 2016
Retained Earnings, November 1
Add: Net Income
Revenues Less: Dividends
service revenue 265,000,000 Retained Earnings, December 31
Expenses
salaries and wages expense 64,000,000
utilities expense 9,600,000
advertising expense 500,000
miscellanous expense 3,000,000
insurance expense 300,000
depreciation expense equipmen 3,000,000
depreciation expense building 5,000,000
depreciation expense automobil 5,000,000
supplies expense 9,000,000
total expenses 99,400,000

net income 165,600,000

 LAW AND JUSTICE LAW AND JUSTICE
Retained Earnings Statement Statement of Financial Po
december, 31 2016 december, 31 2016
- assets
165,600,000 Fixed Asset
30,000,000 Equipment
135,600,000 Less: Accumulated depreciati
Building
Less: Accumulated depreciation
Automobile
Less: Accumulated depreciation automobile
Land
total fixed asset
Current Asset
Cash
; Prepaid Insurance
Supplies
total current asset

Totals Asset
Equity and Liabiliities
Equity
Share Capital Ordinary
Retained Earnings
total equity
Current Liabilities
Salaries and wages payable
unearned revenue
account payable
total current liabilities

Totals Equity and Liabilities

 LAW AND JUSTICE
Statement of Financial Position
december, 31 2016
assets
30,000,000 27,000,000
3,000,000
300,000,000 295,000,000
5,000,000
180,000,000 175,000,000
5,000,000
depreciation automobile 200,000,000
697,000,000

380,100,000
1,500,000
1,000,000
382,600,000

1,079,600,000
Equity and Liabiliities

700,000,000
135,600,000
835,600,000

4,000,000
75,000,000
165,000,000
244,000,000

1,079,600,000