Professional Documents
Culture Documents
PREPARE
TRIAL BALANCE
core competencies:
journalize
transactions
post transactions
prepare trial
balance
prepare financial
reports
review internal
control
system
Account Debit
Credit
Title
Account 1
xxxx.xx
Account 2
xxxx.xx
Account 3
xxxx.xx
Account 4
xxxx.xx
Account 5
xxxx.xx
Account 6
xxxx.xx
________
________
Totals
xxxx.xx
xxxx.xx
Acct. Title
Debit
Cash on Hand
Accounts Receivables
Laundry Equipment
Furniture and Fixtures
Accounts Payable
Notes Payable
F. Big, Capital
F. Big, Drawing
Laundry Income
Taxes and Licenses
Water and Electric
Credit
CHART OF ACCOUNTS
001 - Cash on Hand
002 - Accounts
Receivables
003 - Laundry Equipment
004 - Furniture and
Fixtures
005 - Accounts Payable
006 - Notes Payable
007 F. Big, Capital
008 - F. Big, Drawing
009 - Laundry Income
010 - Taxes and Licenses
011 - Water and Electric
GENERAL LEDGER
Acct. Cash on Hand
DATE
EXPLANATION
Account No.
P.R.
DEBIT
101
CREDIT
DR
CR
BALANCE
1 0 0 0 - CR
1 0 00 -
5500 -
DR
4 5 00 -
15
J-3
1 0000 -
DR
1 4 5 00 -
17
7000 -
DR
2 1 5 00 -
3000 -
DR
2 4 5 00 -
7000 -
1 5 0 0 - DR
3 0 0 00 -
24
30
Acct.#
Acct. Title
Debit
001
Cash on Hand
30,000 002
Accounts Receivables
5,000 003
Laundry Equipment
48,000 004
Furniture and Fixtures
2,500 005
Accounts Payable
6,000 006
Notes Payable
3,000 007
F. Big, Capital
73,000 008
F. Big, Drawing
2,000 009
Laundry Income
Credit
Addl:
Trial Balance
is useful tool
in
preparing
financial
statements
such
as
Balance
Sheet,
Statement of
Changes
in
Owners
Equity,
and
THANK YOU!!!
_kware