No Account Unadjusted trial balance Adjustment Adjusted trial balance Income statement Statement of financial position

Dr Cr Dr Cr Dr Cr Dr Cr Dr Cr
1 Cash 51.165 51.165 51.165
2 Account receivable 116.100 116.200 116.200
3 Merchandise inventory 235.000 10.000 225.000 225.000
4 Prepaid insurance 10.600 7.100 3.500 3.500
5 Store supplies 3.750 2.700 1.050 1.050
6 Office supplies 1.700 950 750 750
7 Store equipment 125.000 125.000 125.000
8 Acc.dep store Equipment 40.300 8.500 48.800 48.800
9 Office equipment 62.000 62.000 62.000
10 Acc.dep office equipment 17.200 4.500 21.700 21.700
11 Account payable 66.700 66.700 66.700
12 Salaries payable - 6.000 6.000 6.000
13 Unearned rent 1.200 800 400 400
14 Notes payable 105.000 105.000 105.000
15 M.TAG Capital 222.100 222.100 222.100
16 M.TAG drawing 40.000 40.000 40.000
17 Income summary
18 Sales 1.00.7.500 1.00.7.500 1.00.7.500
19 Sales ret & allowanc 15.500 15.500 15.500
20 Sales discount 6.000 6.000 6.000
21 COGS 571.200 10.000 581.200 581.200
22 Sales salaries expense 86.400 3.450 89.850 89.850
23 Advertising expense 29.450 29.450 29.450
24 Dep.expense store equip 8.500 8.500 8.500
25 Store supplies expense 2.700 2.700 2.700
26 Miscell salaries expens 1.885 1.885 1885
27 Office salaries expense 60.000 2.550 62.550 62.550
28 Rent expense 30.000 30.000 30.000
29 Insurance expense 7.100 7.100 7.100
30 Dep.exp.office equip 4.500 4.500 4.500
31 Office supplies expens 950 950 950
32 Miscell ADM expense 1.650 1.650 1.650
33 Rent revenue 800 800 800
34 Interent expense 12.600 12.600 12.600
1.460.000 1.460.000 40.550 40.550 1.479.000 1.479.000 854.435 1.008.300 624.565 470.700
153.865 153.865
1.008.300 1.008.300 624.565 624.565