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Carter Penright and Closing T Accounts

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tajhtechz

The document appears to be a trial balance for Carter Penright as of September 30, 2023. It lists various capital, expense, asset, liability and equity accounts with their opening balances, transactions during the period, and closing balances. The total debits equal the total credits, indicating the trial balance balances.

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Carter Penright and Closing T Accounts

Uploaded by

tajhtechz
9 views22 pages
The document appears to be a trial balance for Carter Penright as of September 30, 2023. It lists various capital, expense, asset, liability and equity accounts with their opening balances, transactions during the period, and closing balances. The total debits equal the total credits, indicating the trial balance balances.

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The document appears to be a trial balance for Carter Penright as of September 30, 2023. It lists various capital, expense, asset, liability and equity accounts with their opening balances, transactions during the period, and closing balances. The total debits equal the total credits, indicating the trial balance balances.

Copyright:

© All Rights Reserved
Download as XLSX, PDF, TXT or read online from Scribd
Download as xlsx, pdf, or txt
9 views22 pages

Carter Penright and Closing T Accounts

Uploaded by

tajhtechz
The document appears to be a trial balance for Carter Penright as of September 30, 2023. It lists various capital, expense, asset, liability and equity accounts with their opening balances, transactions during the period, and closing balances. The total debits equal the total credits, indicating the trial balance balances.

Copyright:

© All Rights Reserved
Download as XLSX, PDF, TXT or read online from Scribd
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You are on page 1/ 22

Capital

Sep-30 Balance c/d 900,000.00 Sep-01 Bank- SNB

900,000.00

Oct-01 Balance b/d

Rent Expense

Sep-02 Bank 60,000.00 Sep-30 bal c/d

60,000.00

Oct-01 Bal b/d 60,000.00

Stationery
Sep-04 Cash 30,000.00 Sep-30 Bal c/d

30,000.00

Oct-01 Bal b/d 30,000.00

Office Furniture

Sep-06 Bank 130,000.00 Sep-30 Bal c/d

130,000.00

Oct-01 Bal b/d 130,000.00

Motor Drivers Ltd- Creditor

Sep-19 Bank 200,000.00 Sep-09 Motor Van


Sep-30 Bal c/d 600,000.00
800,000.00
Oct-01 Bal bd

Printers Ltd- Creditor

Sep-12 50,000.00 Sep-10 Purchases


Sep-30 Bal c/d 650,000.00

700,000.00
Oct-01 Bal bd

Return Outwards

Sep-30 Bal c/d 50,000.00 Sep-12 Printer Ltd

50,000.00
Oct-01 Bal bd
Insurance

Sep-16 Bank 27,000.00 Sep-30 Bal c/d

27,000.00
Oct-01 Bal bd 27,000.00

Return Inwards

Sep-18 Brooks University 12,000.00 Sep-30 Bal c/d

12,000.00
Oct-01 Bal bd 12,000.00
Cleaning Supplies

Sep-22 Cash 8,000.00 Sep-30 Bal c/d

8,000.00
Oct-01 Bal bd 8,000.00

Wages

Sep-25 Bank 88,000.00 Sep-30 Bal c/d

88,000.00
Oct-01 Bal bd 88,000.00
SNB Bank

900,000.00 Sep-01 Capital


Sep-10 Brooks University

900,000.00 -

900,000.00 Oct-01 bal b/d

Cash

60,000.00 Sep-03 Bank


Sep-15 Sales

60,000.00
Oct-01 Bal b/d

Compute
30,000.00 Sep-05 Bank

30,000.00 -

Oct-01 Bal bd

Motor Va

130,000.00 Sep-09 Motor Drivers- cred

130,000.00 -

Oct-01 Bal bd

Inventory/Purc

800,000.00 Sep-10 Printers Ltd- Credit


800,000.00 -
600,000.00 Oct-01 Bal bd

Delivery Cha

700,000.00 Sep-11 Cash

700,000.00 -
650,000.00 Oct-01 Bal bd

Sales

50,000.00 Sep-30 Bal c/d

50,000.00 -
50,000.00
Brooks Unversity

27,000.00 Sep-17 sales

27,000.00 -
Oct-01 Bal bd

Postage

12,000.00 Sep-22 Cash

12,000.00 -

Oct-01 Bal bd
Repairs

8,000.00 Sep-22 Cash

8,000.00 -
Oct-01 Bal bd

Utiities

88,000.00 Sep-25 Bank

88,000.00 -
Oct-01 Bal bd

-
SNB Bank

900,000.00 Sep-02 Rent 60,000.00


264,000.00 Sep-03 Cash 70,000.00
Sep-05 Computer 52,000.00
Sep-06 Furniture 130,000.00
Sep-16 Insurance 27,000.00
Sep-19 Motor Drivers 200,000.00
Sep-25 Wages 88,000.00
Sep-25 Utilities 62,000.00
Sep-30 Bal c/d 475,000.00
1,164,000.00 1,164,000.00

475,000.00

Cash

70,000.00 Sep-04 Stationery 30,000.00


250,000.00 Sep-11 Delivery 22,000.00
Sep-22 Postage 11,000.00
Sep-22 Cleaning 8,000.00
Sep-22 Repairs 5,000.00
Sep-30 Bal c/d 244,000.00

320,000.00 320,000.00
244,000.00

Computer
52,000.00 Sep-30 Bal c/d 52,000.00

52,000.00 52,000.00

52,000.00

Motor Van

800,000.00 Sep-30 Bal c/d 800,000.00

800,000.00 800,000.00

800,000.00

Inventory/Purchases

700,000.00 Sep-30 Bal c/d 700,000.00


700,000.00 700,000.00
700,000.00

Delivery Charges

22,000.00 Sep-30 Bal c/d 22,000.00

22,000.00 22,000.00
22,000.00

Sales

790,000.00 Sep-15 Cash 250,000.00


Sep-17 Brooks University- Deb 540,000.00

790,000.00 790,000.00
Oct-01 Bal bd 790,000.00
Brooks Unversity- debtor

540,000.00 Sep-18 Return inwards 12,000.00


Sep-20 Bank 264,000.00
Sep-30 Bal c/d 264,000.00

540,000.00 540,000.00
264,000.00

Postage

11,000.00 Sep-30 Bal c/d 11,000.00

11,000.00 11,000.00

11,000.00
Repairs

5,000.00 Sep-30 Bal c/d 5,000.00

5,000.00 5,000.00
5,000.00

Utiities

62,000.00 Sep-30 Bal c/d 62,000.00

62,000.00 62,000.00
62,000.00
Carter Penright
Trial Balance
As at September 30, 2023
DR CR
Capital 900,000.00
SNB Bank 475,000.00
Rent Expense 60,000.00
Cash 244,000.00
Stationery 30,000.00
Computer 52,000.00
Furniture 130,000.00
Motor Van 800,000.00
Motor Drivers Ltd- Creditor 600,000.00
Purchases 700,000.00
Printers Ltd- Creditor 650,000.00
Delivery Charges 22,000.00
Return Outwards 50,000.00
Sales 790,000.00
insurance exp 27,000.00
Brooks Unversity- debtor 264,000.00
Return Inwards 12,000.00
Postage 11,000.00
Cleaning Supplies 8,000.00
Repairs 5,000.00
Wages 88,000.00
Utiities 62,000.00

2,990,000.00 2,990,000.00
528,000.00
264,000.00
*Error was in Motor Van where the closing balance was shownas $80,000 instead of $800,000 17/10/2023 :)

-
Carter Penright
Trial Balance
As at September 30, 2023
DR CR
Capital 900,000.00

- 900,000.00

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