A. HERCULES POIROT, P.I.

, SA
WORKSHEET
For the Quarter Ended March 31, 2017
Account Titles Trial Balance Adjustmnets Adjusted
Trial Balance
Dr Cr Dr Cr Dr Cr
Cash 11,410 11,410
Account Receivable 5,920 1,080 7,000
Supplies 1,250 750 500
Prepaid Insurance 2,400 600 1,800
Equipment 15,000 15,000
Notes Payable 10,000 10,000
Accounts Payable 7,350 7,350
Share Capital - Ordinary 14,000 14,000
Dividends 600 600
Service Revenue 10,200 1,080 11,280
Salaries and Wages
Expense 2,240 2,240
Travel Expense 1,300 1,300
Rent Expense 1,200 1,200
Miscellaneous Expense 230 230
Totals 41,550 41,550
Supplies Expense 750 750
Depreciation Expense 680 680
Accumulated
Depreciation-Equipment 680 680
Interest Expense 300 300
Interest Payable 300 300
Insurance Expense 600 600
Totals 3,410 3,410 43,610 43,610
Net Income
Totals

B. HERCULES POIROT, P.I., SA

INCOME STEATMENT
For the Quarter Ended March 31, 2017

Revenues
Service Revenues
Expenses
Salaries and wages expense 2,240
Travel expense 1,300
Rent Expense 1,200
Depreciation expense 680
Insurance expense 600
Supplies expense 750
Interest expense 300
 Miscellaneous expense 230
Total expense
Net income

HERCULES POIROT, P.I., SA

RETAINED EARNINGS STEATMENT
For the Quarter Ended March 31, 2017

Retained earnings, January 1 0

Add: Net income 3,980
3,980
Less devidens 600
Retained earnings, March 31 3,380

C.
Mar-31 Supplies Expense
Supplies
31 Depreciation Expense
Accumulated Depretiation-Equipment
31 Interest expense
Prepaid Insurance
31 Insurance expense
Prepaid Insurance

Mar-31 Accounts Receivable

Service revenue
 Income Statement of
Statement Financial Position
Dr Cr Dr Cr
11,410
7,000
500
1,800
15,000
10,000
7,350
14,000
600
11,280

2,240
1,300
1,200
230

750
680

680
300
300
600
7,300 11,280 36,310 32,330
3,980 3,980
11,280 11,280 36,310 36,310

March 31, 2017 For the Quarter En

Property, plant, and equipment

11,280 Equipment
Less: Accumulated Depreciation-Equipment

Current Assets
Prepaid insurance
Supplies
Account Receivable
Cash
 Total Assets
7,300
3,980

Equity
Share Capital-ordinary
Retained earnings
March 31, 2017
Current liabilities
Notes payable
Account payable
Interest payable

Total equity and liabilities

D.
750 Mar-31 Service revenue
750 Income summary
680 31 Income summary
680 Travel expense
300 Salaries and wages expense
300 Rent expense
600 Insurance expense
600 Depreciation expense
Supplies expense
1,080 Interest expense
1,080 Miscellaneous expense

31 Income summary
Retained earnings

31 Retained earnings
Dividends
 HERCULES POIROT, P.I., SA
STATEMENT OF FINANCIAL POSITION
For the Quarter Ended March 31, 2017
ASSETS

15,000
680
14,320

1,800
500
7,000
11,410
20,710
 35,030

Equity and Liabilities

14,000
3,380
17,380

10,000
7,350
300
17,650

35,030

11,280
11,280
7,300
1,300
2,240
1,200
600
680
750
300
230

3,980
3,980

600
600