Professional Documents
Culture Documents
2.
Boomer Demolition Company
Work Sheet
For Year Ended June 30, 2005
Account
Cash
Supplies
Prepaid insurance
Equipment
Unadjusted
Trial Balance
Debit
9,000
18,000
14,600
140,000
51,400
2,200
48,800
8,400
Repairs expense
Utilities expense
6,700
16,800
Credit
10,000
16,000
90,000
66,900
4,000
137,000
Adjustments
Debit
Credit
Adjusted
Trial Balance
Debit
Credit
Income Statement
Debit
Credit
General Journal
Date
Accounts and explanation
Sept. 30
PR
3.
4.
Analysis component:
eneral Journal
Debit
Credit
Total assets
Liabilities and Owner's Equity
Current Liabilities:
Accounts payable
Interest payable
Wages payable
Current portion of long-term note payable
Total current liabilities
Long-term Liabilities:
Long-term note payable(less current portion
Total liabilities
Owner's Equity:
Rusty Boomer, capital
Total liabilities and owner's equity