Adjustments

Accounts Title Unadjusted trial Balance

Debit Credit Debit Credit
Cash in Bank 240,300.00 a. 10,000
Petty Cash Bank 1,000.00
Accounts Receivable 54,000.00
Est. Uncollectible Accounts 1,500.00 b. 500
Supplies Inventory 25,000.00 c. 10,000
Prepaid Insurance 8,000.00 d. 5,000
Office Equipment 180,000.00
Acc. Depreciation 36,000.00 e. 23,000
Notes Payable 80,000.00
Accounts Payable 35,000.00
I. Basarte, Capital 305,600.00
I. Basarte, Drawing 20,000.00
Service Revenue 145,000.00 a. 10,000
Taxes and Licences 3,800.00 e. 2,500
Salaries Revenue 36,000.00 f. 15,000
Utilities Espense 25,000.00
Interest Expense 10,000.00 e. 4,000
Supplies Expense h. 10,000
Uncollectible Accounts b. 500
Depreciation Expense c. 23,000
Insurance Expense d. 5,000
Accrued Interest Expense e. 4,000
Accrued Salaries Expense f. 15,000
Accrued Taxes and Licenses g. 2,500

Total 603,100.00 603,100.00 70,000.00 70,000.00

 Gingoog Allied Services
Partial Worksheet
For the Quarter ended 31 October 20B
Income Statement Balance Sheet
Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
250,300.00 250,300.00
1,000.00 1,000.00
54,000.00 54,000.00
2,000.00 2,000.00
15,000.00 15,000.00
3,000.00 3,000.00
180,000.00 180,000.00
59,000.00 36,000.00
80,000.00
35,000.00
305,600.00 305,600.00
20,000.00
155,000.00 155,000.00
6,300.00 6,300.00
51,000.00 51,000.00
25,000.00 25,000.00
14,000.00 14,000.00
10,000.00 10,000.00
500.00 500.00
23,000.00 23,000.00
5,000.00 5,000.00
4,000.00 4,000.00
15,000.00 15,000.00
2,500.00 2,500.00

658,100.00 658,100.00 156,300.00 155,000.00 503,300.00 343,600.00

1,300.00 159,700
156,300 156,300 503,300.00 503,300
 Gingoog Allied Services
Statement of changes in equity
For the Quarter ended 31 October 20B

I. Basarte, Capital Beginning 305,600

less: Net Loss 1,300
Withdrawal 20,000
I. Basarte, Capital End 284,300
 Adjustments
Accounts Title Unadjusted Trial Balance
Debit Credit Debit Credit
Cash in Bank 310,000.00 a. 7,000 b. 8,000
Accounts Receivable 85,000.00
Est. Uncoll. Accounts 3,000.00
Supplies Inventory 15,000.00 c. 12,000
Prepaid Rent 8,500.00 d. 3,000
Prepaid Advertising 10,000.00 e. 4,000
Machine 720,000.00
Acc. Depreciation-Machine 105,000.00 f. 85,000
Accounts Payable 35,000.00 b. 8,000
Notes Payable 100,000.00
F. Niza, Capital 783,500.00
F. Niza, Drawing 18,000.00
Shop Revenues 235,000.00 a. 7,000
Taxes & Licenses 3,000.00 g. 5,000
Salaries & Wages 72,000.00 h. 10,000
Utilities Expense 20,000.00
Supplies Used c. 12,000
Depreciation Expense f. 85,000
Advertising Expense e. 4,000
Rent Expense d. 3,000
Accrued Taxes and Licenses g. 5,000
Accrued Salaries and Wages h. 10,000
1,261,500.00 1,261,500.00 134,000.00 134,000.00
total
 Cagayan Machine Shop
Partial Worksheet
For the quarter ended 31 March 20b
Income Statement Balance Sheet
Adjusted Trial Balance
Debit Credit Debit Credit Debit
309,000.00 309,000.00
85,000.00 85,000.00
3,000.00
3,000.00 3,000.00
5,500.00 5,500.00
6,000.00 6,000.00
720,000.00 720,000.00
190,000.00
27,000.00
100,000.00
783,500.00
18,000.00 18,000.00
242,000.00 242,000.00
8,000.00 8,000.00
82,000.00 82,000.00
20,000.00 20,000.00
12,000.00 12,000.00
85,000.00 85,000.00
4,000.00 4,000.00
3,000.00 3,000.00
5,000.00 5,000.00
10,000.00 10,000.00
1,360,500.00 1,360,500.00 229,000.00 242,000.00 1,146,500.00
13,000.00 43,000.00
242,000.00 242,000.00 1,103,500.00
Balance Sheet
Credit

3,000.00

190,000.00
27,000.00
100,000.00
783,500.00

1,103,500.00

1,103,500.00