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    Bellemy Fashion

    Uploaded by

    Ariane Tania
    This document contains the unadjusted trial balance, adjustment entries, adjusted trial balance, income statement, retained earnings statement, statement of financial position, and closing entries for Bellemy Fashion for the month ended November 30, 2015. Key figures include a net loss of $5,600, retained earnings of $2,400, total assets of $202,900 and total equity and liabilities of $202,900.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Bellemy Fashion

    Uploaded by

    Ariane Tania
    86 views8 pages
    This document contains the unadjusted trial balance, adjustment entries, adjusted trial balance, income statement, retained earnings statement, statement of financial position, and closing entries for Bellemy Fashion for the month ended November 30, 2015. Key figures include a net loss of $5,600, retained earnings of $2,400, total assets of $202,900 and total equity and liabilities of $202,900.

    Original Description:

    accounting

    Copyright

    © © All Rights Reserved

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    This document contains the unadjusted trial balance, adjustment entries, adjusted trial balance, income statement, retained earnings statement, statement of financial position, and closing entries for Bellemy Fashion for the month ended November 30, 2015. Key figures include a net loss of $5,600, retained earnings of $2,400, total assets of $202,900 and total equity and liabilities of $202,900.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    86 views8 pages

    Bellemy Fashion

    Uploaded by

    Ariane Tania
    This document contains the unadjusted trial balance, adjustment entries, adjusted trial balance, income statement, retained earnings statement, statement of financial position, and closing entries for Bellemy Fashion for the month ended November 30, 2015. Key figures include a net loss of $5,600, retained earnings of $2,400, total assets of $202,900 and total equity and liabilities of $202,900.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 8

    No

    Account
    Cash
    Account receivable
    inventory
    supplies
    equipment
    accumulated depre equipment
    notes payable
    account payable
    share capital ordinary
    retained earning
    sales revenue
    sales return and allowance
    COGS
    salaries and wages payable
    advertising expense
    utilities expense
    maintenance and repair expense
    delivery expense
    rent expense

    supplies expense
    depreciation expense
    interest expense
    interest payable

    Unadjusted Trial Balance


    Adjustment entries
    Dr
    Cr
    Dr
    $28,700
    $33,700
    $45,000
    $5,500
    $133,000
    $24,000
    $51,000
    $48,500
    $90,000
    $8,000
    $757,200
    $4,200
    $495,400
    $140,000
    $26,400
    $14,000
    $12,100
    $16,700
    $24,000
    $978,700
    $978,700
    4000
    15000
    11000

    Adjustment entries
    Cr

    $4,000
    $15,000

    Adjusted trial balance


    income statement
    Dr
    Cr
    Dr
    Cr
    $28,700
    $33,700
    $45,000
    $1,500
    $133,000
    $39,000
    $51,000
    $48,500
    $90,000
    $8,000
    $757,200
    $757,200
    $4,200
    $4,200
    $495,400
    $495,400
    $140,000
    $26,400
    $14,000
    $12,100
    $16,700
    $24,000

    $4,000
    $15,000
    $11,000
    11000
    $1,004,700

    11000
    $1,004,700

    Statement of financial position


    Dr

    ement of financial position


    Cr

    Defferal
    Revenue/unearned (L)
    Prepaid expense (A)

    sudah terima bayaran, belum kirim jasa/pr


    sudah bayar in advance, expense blm terp

    Accrual
    Accrued revenue (A)
    accrued expense (L)

    jasa sudah, kas blm diterima


    expense kepakai, tp blm byr

    adjusment entries
    1 Supplies expense
    Supplies
    (5500-1500)
    2 Depreciation expense
    Accumulated depreciation
    3 interest expense
    interest payable

    n, belum kirim jasa/produk


    nce, expense blm terpakai

    Dr

    Cr
    4000
    4000
    15000
    15000
    11000
    11000

    Bellemy fashion
    Income statement
    For the month ended nov 30,2015
    Sales
    sales revenue
    sales return and allowance
    net sales
    cost of good sold (hrg pokok penjualan)
    gross profit (laba kotor)
    Selling expenses:
    Salaries and wages expense (70%)
    rent expense (80%)
    utilities expense(80%)
    advertising expense
    delivery expense
    supplies expense
    administrative expenses:
    salaries and wages expense 30%
    rent expense 20%
    utilities expense 20%
    maintenance and repair expense
    depreciation expense
    total expenses
    other income and expenses
    interest expense
    Net loss

    757200
    -4200
    753000
    -495400
    257600

    98000
    19200
    11200
    26400
    16700
    4000

    175500

    42000
    4800
    2800
    12100
    15000

    76700
    -252200
    -11000
    -5600

    bellemy fashion
    retained earning statement
    for the month ended november 30, 2015
    retained earning nov 1, 2015
    less: net loss
    retained earning nov 30, 2015

    8000
    -5600
    2400

    Bellemy fashion
    statement of financial position
    30-Nov-15
    Assets
    Current asset
    cash
    account receivable
    inventory
    supplies
    non current assets
    equipment
    Accumulated depre-equipment
    total assets
    Equity and liabilities
    Current liabilities
    account payable
    notes payable
    interest payable
    non current liabilities
    notes payable
    total liabilities
    share capital-ordinary
    retained earning
    total equity
    total equity and liabilities

    28700
    33700
    45000
    1500
    133000
    -39000
    202900

    48500
    30000
    11000
    21000
    110500
    90000
    2400
    92400
    202900

    closing entries
    1 service revenue
    income summary
    2 income summary
    sales return and allowance
    COGS
    salaries and wages expense
    rent expense
    utilities expense
    advertising expense
    delivery expense
    maintenance and repair expense
    supplies expense
    depreciation expense
    interest expense
    3 retained earning
    income summary

    Dr

    Cr
    757200
    757200
    762800
    4200
    495400
    140000
    24000
    14000
    26400
    16700
    12100
    4000
    15000
    11000
    5600
    5600

    bellemy fashion
    post closing trial balance
    november 30,2015
    cash
    account receivable
    inventory
    supplies
    equipment
    accumulated depre-equipment
    notes payable
    account payable
    share capital-ordinary
    retained earning
    interest payable

    28700
    33700
    45000
    1500
    133000

    241900

    39000
    51000
    48500
    90000
    2400
    11000
    241900

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