Kai Edo Company

April 31, 2019

General Journal
Date Name Account Debit
April 2 Cash ¥ 30,000.00
Equipment ¥ 14,000.00
Capital
2 Sallary Expense ¥ 1,160.00
Cash
3 Supplies ¥ 700.00
Accounts Payable
7 Rent Expense ¥ 600.00
Cash
11 Account Receivable ¥ 1,100.00
Fees Earned
12 Cash ¥ 3,200.00
Unearned Service Revenue
17 Cash ¥ 2,300.00
Fees Earned
21 Insurance Expense ¥ 110.00
cash
30 Sallary Expense ¥ 1,160.00
Cash
30 Supplies Expense ¥ 120.00
Supplies
30 Equipment ¥ 5,100.00
Capital

Total ¥ 59,550.00
 Credit

¥ 44,000.00

¥ 1,160.00

¥ 700.00

¥ 600.00

¥ 1,100.00

¥ 3,200.00

¥ 2,300.00

¥ 110.00

¥ 1,160.00

¥ 120.00

¥ 5,100.00

¥ 59,550.00
 Cash
Scarlatti Corporation
Trial Balance $ 5,912
April 30, 2019 $ 270 $ 190
Description Reff Debit Credit $ 6,182 $ 190
Cash $ 5,992 $ 5,992
Accounts Receivable $ 4,970
Supplies $ 2,967
Equipment $ 8,000 Accounts Receivable
Accounts Payable $ 7,044 $ 5,240
Share Capital—Ordinary $ 8,000 $ 270
Retained Earnings $ 2,000 $ 4,970
Service Revenue $ 7,305
Office Expense $ 2,420
$ 24,349 $ 24,349 Equipment
$ 6,100
$ 1,900
$ 8,000
ash

$ 190
$ 190 Service Revenue
$ 5,200
$ 2,025
$ 80
Receivable $ 7,305

$ 270

Office Expense
$ 4,320
pment $ 1,900
$ 2,420
 Adjusting
No Account Name Debit Credit
Depreciation Expense € 750
1
Accumulated Depreciation - Equipment € 750
Unearned Rent Revenue € 2,100
2
Rent Revenue € 2,100
Interest Expense € 500
3
Interest Payable € 500
Supplies Expense € 2,150
4
Supplies € 2,150
Insurance Expense € 900
5
Prepaid Insurance € 900
€ 6,400 € 6,400
 account debit credit
account receivable 750
service revenue 750
utility expense 520
account payable 520
depreciation expense 400
accum dep-equip 400
interest expense 500
interest payable 500
insurance expense 1,250 => 15.000 / 12 bulan
prepaid insurance 1,250
supplies expense 1,200 =>1.600 - 400
supplies 1,200

account :
accum dep-equip
depreciation expense
service revenue
account receivable
insurance expense
interest expense
interest payable
prepaid insurance
supplies
supplies expense
utility expense
account payable
 Uhura Resort
Adjusting Entry
31-Aug-19
(A)
1 Insurance Expense (4,500 x 3/12)
Prepaid Insurance

2 Supplies Epense (2,600 - 650)

Supplies Epense

3 Depreciation Expense Building (120,000 x 10%=12,000

Accumulated Depreciation Building 120,000-12,000=108,000
108,000 x 4%=4,320
4,320 x 3/12=1,080

Depreciation Expense Equipment (16,000 x 10%= 1,600

Accumulated Depreciation Equipment 16,000-1,600=14,400
14,400 x 10%=1,440
1,440 x 3/12=360)

4 Unearned Rent Revenue

Rent Revenue

5 Salaries Expense
Salaries Payable

6 Account Receivable
Rent Revenue

7 Interest Expense [(50,000 x 8%) x 3/12]

Interest Payable

(B) Uhura Resort

Adjusted Trial Balance
31-Aug-19
Name Account Debit Credit
Cash 19,600
Account Receivable 800
Prepaid Insurance 3,375
Supplies 650
Land 20,000
Buildings 120,000
Acccumulated Depreciation Building 1,080
Equipment 16,000
Accumulated Depreciation Equipment 360
Account Payable 4,500
Unearned Rent Revenue 800
Salaries Payable 375
Interest Payable 1,000
Mortgage Payable 50,000
Share Capital - Ordinary 100,000
Retained Earnings -
Dividens 5,000
Rent Revenue 90,800
Salaries Expense 45,175
Utilities Expense 9,200
Repair Expense 3,600
Insurance Expense 1,125
Supplies Expense 1,950
Depreciation Expense Buildings 1,080
Depreciation Expense Equipment 360
Interest Expense 1,000
Total 248,915 248,915
Debit Credit
1,125
1,125

195
195

1,080
1,080

360
360

3,800
3,800

375
375

800
800

1,000
1,000

(4,500 - 1,125)
(2,600 - 1,950)
(4,600 - 3,800)

(86,200 +3,800 + 800)

(44,800 + 375
A. Income Statement

CAVAMANLIS CO.
Income Steatment
For the Year Ended December 31,2010

Revenues
Service Revenue $ 12,590.00
Expenses
Salaries Expense $ 6,840.00
Rent Expense $ 2.76
Depreciation Expense $ 145.00
Interest Expense $ 83.00 $ 9.83
Net Income $ 2,762.00

B. Steatment of Retained Earnings

CAVAMANLIS CO.
Statement of Retained Earnings
For the Year Ended December 31,2010
Retained earning, January 1 $ 11,310.00
Add : Net Income $ 2.76
Less : Dividends $ 3,000.00
Retained earning, December 31 $ 17,072.00
C. Steatment of Financial Position

CAVAMANLIS CO.
Balance Sheet
December 31,2010

Assets $ 18,972.00
Current Assets $ 6.92
Cash $ 2.28
Account Receivable $ 28,172.00
Prepaid Rent
Total current assets
Property,plant, and equipment
Equipment $ 18.05
Less: Accumulated depreciation $ (4.90) $ 13.16
Total assets $ 41,327.00

Liabillities and Stockholders' Equity

Current liabillities $ 5,700.00

Notes payable $ 4.47
Account payable $ 83.00
Interst payable $ 10.26
Total current liabillities
Stockholders' equity
Common Stock $ 20,000.00
Retained Earnings $ 11.07 $ 31.07
Total liabilities and stockholders' equity $ 41,327.00

*Beg. Balance+ Net Income - Dividends = Ending Balance

$11,310 + $2,762 - $3,0000 = $11,072
Closing Entries

Date Description Reff Debit Credit

31 dec 2019 Sales Revenue 390,000
Income summary 390,000

2 Income Summary 346,700

Cost Of Goods Sold 235,700
Sales Return and Allowances 12,000
Sales Discounts 15,000
Selling Expenses 16,000
Administrative Expenses 38,000
Income Tax Expenses 30,000

3 Income Summary 43,300

Retained Earning 43,300

4 Retained Earning 18,000

Devidends 18,000
 cash supplies on hand
Sep-01 20,000 Sep-04 680 Sep-05 942 Sep-30 330
8 1,690 5 942
20 980 10 430 ballance 612
18 3,600
19 3,000 office salaries expense
30 1,800 Sep-30 1,800 Sep-30 1800
30 85
22,670 10537
ballance 12,133

account receiveable furniture & equipment

Sep-14 5,820 Sep-20 980 Sep-02 17,280
25 2,110
7,930 980
ballance 6,950

rent expense yasunari kawabata capital

Sep-05 680 Sep-30 680 Sep-19 3,000 Sep-01 20,000
30 6,007
3,000 26,007
depreciation expense ballance 23,007
Sep-30 288 Sep-30 288

service revenue miscellanous offixe expense

Sep-30 9,620 Sep-08 1,690 Sep-10 430 Sep-30
14 5,820 30 85,515
25 2,110

income summary
Sep-30 680 Sep-30
accumulated depreciation 515
Sep-03 288 1,800
330
288
6,007
ballance 9620
 YUSUNARI KAWABATA D.D.S
trial balance
Sep-30
Desciption Debit Credit
cash 12,133
account receviable 6,950
supplies of hand 612
funiture and equiment 17,280
accumulated depresiciation 288
account payable 13,680
YASUNARI KAWA CAPITAL 17,000
service revenue 9,620
Rent expense 680
miscellanous office expense 515
office salleries expense 1,800
supplies expense 330
Depretiation expense 288
total 40,588

YUSUNARI KAWABATA D.D.S

income statement
for the month of september
service reveneu 9,620
expense
office salaries expense 1,800
offixe expense rent expense 680
515 supplies expense 330
depreciation expense 288
miscelanous expense 515
total expense 3,613
summary net income 6,007
9620

YUSUNARI KAWABATA D.D.S

STATEMENT OF OWNER EQULTY
FOR THE MOUNT OF SEPTEMBER
Kawabata capital september 1 20,000
Add: Net income for september 6,007
26,007
less: Withdrawal by owner 3,000
Kawabata,Capital september 30 26,007
 YUSUNARI KAWABATA D.D.S
balance sheet
as of september 30
assets Liabilities and owner's equity
caash 12,133 account payable
Account receiveable 6,950 Yasunari kawabata
supplies on hand 612
furniture and eqiupment 17,280
accum. Dept -288 Total liabilities
total asset 36,687 and owner equity

YUSUNARI KAWABATA D.D.S

POST CLOSING TRIAL BALANCE
Sunday, September 01, 2013
description DEBIT CREDIT
cash 12,133
accounts receiveable 6,950
supplies on hand 612
furniture and equipment 17,280
accumulated depreciation 288
account payable 13,680
Yasunari kawabata,capital 23,007
TOTAL 36,975 36975
nd owner's equity
13,680
23,007

36,687
 Mason Advertising Agency
Trial Balance
December 31, 2019
Unadjusted Adjusted
Debit Credit Debit
Cash € 11,000.00 € 11,000.00
Account Receivable € 20,000.00 € 23,500.00
Supplies € 8,400.00 € 3,000.00
Prepaid Insurance € 3,350.00 € 2,500.00
Equipment € 60,000.00 € 60,000.00
Accumulated Depreciation Expense € 28,000.00
Accounts Payable € 5,000.00
Interest Payable € -
Notes Payable € 5,000.00
Unearned Service Revenue € 7,000.00
Salaries and Wages Payable € -
Share Capital - Ordinary € 10,000.00
Retained Earning € 3,500.00
Service Revenue € 58,600.00
Salaries and Wages Expense € 10,000.00 € 11,300.00
Insurance Expense € 850.00
Interest Expense € 350.00 € 500.00
Depreciation Expense € 5,000.00
Supplies Expense € 5,400.00
Rent Expense € 4,000.00 € 4,000.00
Total € 117,100.00 € 117,100.00 € 127,050.00
 Jawab

a. Adjusting Entries
Adjusted Date Description
Credit Des 31 Account Receivable
Advertising Revenue

Supplies Expense
Supplies

€ 33,000.00 Insurance Expense

€ 5,000.00 Prepaid Insurance
€ 150.00
€ 5,000.00 Depreciation Expense Equipment
€ 5,600.00 Accumulated Depreciation Equipment
€ 1,300.00
€ 10,000.00 Interest Expense
€ 3,500.00 Interest Payable
€ 63,500.00
Unearned Service Revenue
Service Revenue

Salaries and Wages Expense

Salaries and Wages payable

€ 127,050.00 b. Income Statement

Mason Advertising Agency
Income Statement
For The Year Ended December 31, 2019

Revenue
Service Revenue

Expenses:
Salaries and Wages Expense
Insurance Expense
Interest Expense
Depreciation Expense
Supplies Expense
Rent Expense
Total Expense

Net Income
ab

Retained Earning Statement

Debit Credit Mason Advertising Agency
€ 3,500.00 Retained Earning Statement
€ 3,500.00 For The Year Ended December 31, 2019

€ 5,400.00 Retained Earning, Jan 1

€ 5,400.00 Add:
Net Income
€ 850.00
€ 850.00
Retained Earning, Dec 31
€ 5,000.00
€ 5,000.00 Statement of Financial Position

€ 150.00
€ 150.00
Asset
€ 1,400.00
€ 1,400.00 Current Asset:
Cash
€ 1,300.00 Account Receivable
€ 1,300.00 Supplies
Prepaid Insurance
Total Current Assets
vertising Agency
e Statement Fixed Assets:
ed December 31, 2019 Equipment
Accumulated Depreciation Equipment
Total Fix Assets
€ 63,500.00

Total Assets
€ 11,300.00
€ 850.00 1. If the note has been outstanding 3 months, what is the annual Inte
€ 500.00 Interest per 3 bulan = 150/5000 × 100% = 0,03 = 3%
€ 5,000.00 Jadi, Interest Rate sebesar 3% per bulan.
€ 5,400.00
€ 4,000.00 2. If the Company paid €12.500 in Salaries and Wages 2018, what wa
€ 27,050.00 2500 (x + 11.300 - 12.500) = €1300

€ 36,450.00
gency
ement
er 31, 2019

€ 3,500.00

€ 36,450.00

€ 39,950.00

Mason Advertising Agency

Statement of Financial Position
At December 31, 2019
set Liabilities and Equity

Liabilities:
€ 11,000.00 Accounts Payable
€ 23,500.00 Interest Payable
€ 3,000.00 Notes Payable
€ 2,500.00 Unearned Service Revenue
€ 40,000.00 Salaries and Wages Payable
Total Liabilities

€ 60,000.00 Equities:
-€ 33,000.00 Common Stock
€ 27,000.00 Retained Earning
Total Equities

€ 67,000.00 Total Liabilities and Equities

s, what is the annual Interest rate on that note?

nd Wages 2018, what was the balance in Salaries and Wages Payable on?
Equity

€ 5,000.00
€ 150.00
€ 5,000.00
€ 5,600.00
€ 1,300.00
€ 17,050.00

€ 10,000.00
€ 39,950.00
€ 49,950.00

€ 67,000.00
1 Salaries Expense 2,120
Salaries Payable 2,120
(5 x $700 x 2/5) $ 1,400
(3 x $600 x 2/5) $ 720
Total $ 2,120

2 Unearned Rent 94,000

Rent Revenue 94,000
(5 x $6,000 x 2) $ 60,000
(4 x $8,500 x 1) $ 34,000
$ 94,000

3 Advertising Expense 4,900

Prepaid Advertising 4,900
A650 = 6000/12 = 500/month $ 4,000 May - Dec
B974 = 7200/24 = 300/month $ 900 Oct - Dec
$ 4,900

4 Interest Expense 4,200

Interest Payable 4,200
($60,000 x 12% x 7/12) $ 4,200
 Adjusting Entries
Date Description Debit
30-Nov store suplies expense 4,000
Store supplies

30-Nov Depr expense strore Equipment 9,000

Acc.Depr. Store Equpment

30-Nov Depr.Expense Delivery Equipment 6,000

Acc.Depr. Delivey equipment

30-Nov Interest Expense 11,000

Interest Payable

BELEMY FASHION CENTER

Income Statement
For the year Ended November 30,2019
sales revenue
sales € 757,200.00
Less: Sales Returns and allowance € 4,200.00
Net sales € 753,000.00
Cost Of good sold € 495,400.00
Gross profit € 257,600.00

Operating Expense
selling Expense
Salaries Expense ( 140000*70%) € 98,000.00
Advertising Expense € 26,400.00
Rent Expense (24000*80%) € 19,200.00
Delivery Expense € 16,700.00
Utilities Expenses ( 140000*80%) € 11,200.00
Dep. Exp strore equipment € 9,000.00
Dep. Exp Delivery equipment € 6,000.00
Store Supplies Expense € 4,000.00
€ 190,500.00

Administrative Expenses
Salaries Expenses (140000*30) € 42,000.00
repairs expenses € 12,100.00
Rent Expense (24000*20%) € 4,800.00
Utilities Expenses( 14000*20%) € 2,800.00
€ 61,700.00
Other income and Expenses
interest expenses € 11,000.00
Net Lose € (5,600.00)
 BELEMY FASHION CENTER
Credit Adjusted Trial Blanace
November 30,2019
4,000 Description Debit
Cash € 28,700.00
Accounts Receivable € 33,700
9,000 Merchandise Inventory € 45,000
Store Supplies € 1,500
Store Equipment € 85,000
6,000 Accumulated Depr- Store Equipment
Delivery Equipment € 48,000
Accumulated Depr- Delivery Equipment
11,000 Notes Payable
Accounts Payable
Share Capital—Ordinary
Retained Earnings
Sales
Sales Returns and Allowances € 4,200
Cost of Goods Sold € 495,400
Salaries Expense € 140,000
Advertising Expense € 26,400
Utilities Expense € 14,000
Repair Expense € 12,100
Delivery Expense € 16,700
Rent Expense € 24,000
Store Supplies Expense € 4,000
Depreciation Expense—Store Equipment € 9,000
Depreciation Expense—Delivery Equipment € 6,000
Interest Expense € 11,000
Interest Payable
€ 1,004,700

BELEMY FASHION CENTER

Retained Earning Statement
For The year Ended November 30,2019
retained earning,December 1,2009
Less: Net loss
Retairned Earning,November 30,2010

BELLEMY FAHION C
Statement Financial P
 November 30,20
Asset
Noncurent asset
Property,plant,and Equipment
store equipment € 85,000.00
acc.Depr store equipment € 27,000.00

Delivery Equipment € 48,000.00

Acc.Depr Delivery € 12,000.00

current assets
store supplies € 1,500.00
merchandise inventory € 45,000.00
account receivable € 33,700.00
cash € 28,700.00
Total current assets
Total assets

BELLEMY FASHION CENTER

Closing Entries

Description Debit
sales 757,200
income summary

income summary 762,800

sales return and allowances
cost of good sold
salaries expense
advertising expenses
utilities expense
repair expense
delivery expense
rent expense
store supples expense
depr expense store equipment
depr store delivery equipment
interest expense

Retainerd Earnings 5,600

Income summary

BELLEMY FASHION CENTER

 post closing trial balance
November 30,2019
Description Debit
cash 28,700
account Receivable 33,700
Merchandise Invetory 45,000
store supplies 1,500
store equipment 85,000
acc. Depr store equiment
delivery equipment 48,000
acc depr delivery equipment
notes payable
account payable
interest payable
share capital ordinary
retained earning
241,900
 Credit

€ 27,000

€ 12,000
€ 51,000
€ 48,500
€ 90,000
€ 8,000
€ 757,200

€ 11,000
€ 1,004,700

t
,2019
€ 8,000.00
€ 5,600.00
€ 2,400.00

BELLEMY FAHION CENTER

Statement Financial Position
 November 30,2019
Equity and Liabilities
Equity
share capital ordinary € 90,000.00
Retained Earnings € 2,400.00
noncurrent liabilities € 92,400.00
€ 58,000.00 notes payable € 21,000.00
currents Liablities
notes payable due next year € 30,000.00
€ 36,000.00 account payable € 48,500.00
€ 94,000.00 interest payable € 11,000.00
Total current liabilities € 89,500.00
Total liabilities € 110,500.00
Total Equity and liabilities € 202,900.00

€ 108,900.00
€ 202,900.00

Credit

757,200

4,200
495,400
140,000
26,400
14,000
12,100
16,700
24,000
4,000
9,000
6,000
11,000

5,600
Credit

27,000

12,000
51,000
48,500
11,000
90,000
2,400
241,900