GENERAL LEDGER

Cash Account # 110

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 63 600
07-01-12 4 000 59 600
07-04-12 1 000 58 600
07-07-12 18 000 76 600
07-10-12 90 000 166 600
07-13-12 24 500 142 100
07-15-12 9 000 133 100
07-16-12 32 340 165 440
07-19-12 22 000 143 440
07-19-12 23 100 120 340
07-21-12 1 100 119 240
07-21-12 17 600 136 840
07-26-12 12 000 124 840
07-28-12 38 000 86 840
07-29-12 2 400 84 440
07-30-12 40 700 125 140
07-31-12 26 730 98 410

98 410

Accounts Receivable Account # 112

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 153 900
07-06-12 40 000 193 900
07-07-12 18 000 175 900
07-14-12 7 000 168 900
07-16-18 33 000 135 900
07-20-12 40 000 175 900
07-21-12 11 000 177 000
07-21-12 17 600 159 900
07-30-12 18 750 178 150
07-30-12 41 100 137 050
 Merchandise Inventory Account # 115
Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 602 400
07-03-12 25 000 627 400
07-04-12 1 000 628 400
07-06-12 24 000 604 400
07-10-12 50 000 554 400
07-13-12 500 553 900
07-14-12 4 500 558 400
07-19-12 22 000 580 400
07-20-12 25 000 555 400
07-21-12 32 000 587 400
07-24-12 5 000 582 400
07-26-12 7 200 589 600
07-30-12 11 250 578 350
07-31-12 270 578 080

578 080

Prepaid Insurance Account # 116

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 16 800

Store Supplies Account # 117

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 11 400
07-29-12 2 400 13 800

13 800

Store Equipment Account # 123

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 469 500
Accumulated Depreciation-Store Depreciation Account # 124
Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 56 700

Accounts Payable Account # 210

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 96 600
07-03-12 25 000 121 600
07-03-12 25 000 96 600
07-19-12 28 100 73 500
07-21-12 32 000 105 500
07-24-12 5 000 100 500
07-31-12 27 000 73 500

Salaries Payable Account # 211

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit

Capital Stock Account # 310

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 75 000

Retained Earnings Account # 311

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 480 300

Dividends Account # 312

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 135 000
 Income Summary Account # 313
Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit

Sales Account # 410

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 3 221 100
07-06-12 40 000 3 261 100
07-10-12 90 000 3 351 100
07-20-12 40 000 3 391 100
07-30-12 18 750 3 409 850

Sales Returns and Allowances Account # 411

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 92 700
07-16-12 7 000 99 700
07-30-12 12 000 111 700

Sales Discount Account # 412

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 59 400
07-16-12 660 60 060
07-30-12 400 60 460

Cost of Merchandise Sold Account # 510

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 1 623 000
07-06-12 24 000 1 647 000
07-10-12 50 000 1 697 000
07-14-12 4 500 1 692 500
07-20-12 25 000 1 717 500
07-26-12 7 200 1 710 300
07-30-12 11 250 1 721 550
 Sales Salaries Expense Account # 520
Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 334 800
07-28-12 22 800 357 600

Advertising Expense Account # 521

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 81 000
07-15-12 9 000 90 000

Depreciation Expense Account # 522

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit

Store Supplies Expense Account # 523

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit

Miscellaneous Selling Expense Account # 529

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 12 600

Office Salaries Expense Account # 530

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 182 100
07-28-12 15 200 197 300
 Rent Expense Account # 531
Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
Balance / 83 700
07-01-12 4 000 87 700

Insurance Expense Account # 532

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit

Miscellaneous Administrative Expense Account # 539

Post BALANCE
Date Items Ref. Debit. Credit. Debit Credit
 Journal Page_______
Post
Date Description Ref. Debit Credit
ADJUSTING ENTRIES
A. Accounts Receivable 13 080
Merchandise Inventory 13 080

13 400
B. Insurance Expense 13 400
Prepaid Insurance

C. Store Supplies Expense 9 900

Store Supplies 9 900

D. Depreciation Expense 11 500

Accumulated Expense 11 500

E. Sales Salaries Expense 3 200

Salaries Payable 3 200

Office Salaries Expense 1 300

Office salaries payable 1 300
 Journal Page_______
Post
Date Description Ref. Debit Credit
CLOSING ENTRIES
Financial Statement Forms:

Retained Earnings
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Post-Closing Trial Balance:
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Unadjusted Trial Balance:
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Adjusted Trial Balance:
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Income Statement
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Balance Sheet:
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Closing Entries:
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