G Ltd M Ltd JP Ltd P Ltd

Group 1
Group 2
Group 3
Group 4
Group 5

Final
Gildos Construction
31.12.2020
Trial Balance

Account Name Debit Credit

Petty Cash 1001 $ 50.00
Accounts Receivable 1500 $ 10,340.00
Inventory 1015 $ 13,452.00
Machinery and equipment 1720 $ 15,300.00
Furniture and fixtures 1730 $ 4,890.00
Capital lease 1760 $ 5,500.00
Accumulated depreciation 1800 $ -8,000.00
Accounts payable 2600 $ 15,875.00
Sales Tax Payable 2000 $ 542.00
Pending Item Receipts 2500 $ 2,389.25
Business Credit Card 2010 $ 1,432.00
Social Security Tax 2120 $ 124.00
Medicare Tax 2130 $ 29.00
Federal Income Tax 2140 $ 240.00
State Income Tax 2150 $ 60.00
Long term Debt 2800 $ 20,342.00
Owners' Equity -Invested Capital 3000 $ 5,000.00
Owners' Equity -Retained Earnings 3100 $ -1,782.00
Service Income 4000 $ 15,569.90
Construction Fees 4050 $ 69,235.00
Changes in inventories 4060 $ 6,762.00
Other sales 4070 $ 180.00
Cash Discount Taken 5000 $ 26.85
Purchases 5200 $ 23,539.90
Labor 5300 $ 36,150.10
Subcontract Labor 5400 $ 9,450.00
Bank Charge 5500 $ 2,143.00
Depreciations 5600 $ 4,000.00
Taxes 5700 $ 3,730.00
Penalties 5900 $ 2,249.00
Insurance Expense 6500 $ 3,150.00
Officer wages 6700 $ 2,200.00
Postage Expense 6900 $ 100.00
Rent Expense 7200 $ 7,581.00
Telephone Expense 7600 $ 200.00

$ 136,025.00 $ 136,025.00
 Balance Sheet Income statement

Rank
$ 50.00 2
$ 10,340.00
$ 13,452.00
$ 15,300.00
$ 4,890.00
$ 5,500.00
$ -8,000.00
$ 15,875.00
$ 542.00
$ 2,389.25
$ 1,432.00
$ 124.00
$ 29.00
$ 240.00
$ 60.00
$ 20,342.00
$ 5,000.00
$ -1,782.00
$ 15,569.90
$ 69,235.00
$ 6,762.00
$ 180.00
$ 26.85
$ 23,539.90
$ 36,150.10
$ 9,450.00
$ 2,143.00
$ 4,000.00
$ 3,730.00
$ 2,249.00
$ 3,150.00
$ 2,200.00
$ 100.00
$ 7,581.00
$ 200.00
$ 41,532.00 $ 44,251.25 $ 94,493.00 $ 91,773.75
$ 2,719.25 $ -2,719.25 the income statement is minus
 Balance Sheet
Assets 2020 Liabilities
Current Assets Current Liabilities
Cash Account payable
Account receivable short term debt
Inventories current maturities of long term debt
Other Current Assets other current Liabilities
Total Total
Long Term Assets Long-Term Liabilities
Land Long term debt
building Capital lease
equipment total debt
Depreciation Taxes
Net other long term liabilities
Intangible total long term
other long term assets Total Liabilities
Total long term Equity

Total Assets Total Liabilities + Equit

 2020

es of long term debt

Martinez Construction
31.12.2020
Trial Balance

Account Name Debit

Petty Cash 1001 $ 1,050.00
Checking Account 1005 $ 2,978.30
Accounts Receivable 1500 $ 12,194.56
Merchandise Inventory 1015 $ 11,290.00
Machinery and equipment 1720 $ 14,276.00
Furniture and fixtures 1730 $ 2,500.00
Capital lease 1760 $ 7,120.00
Accumulated depreciation 1800 $ -8,720.00
Accounts payable 2600
Sales Tax Payable 2000
Pending Item Receipts 2500
Business Credit Card 2010
Social Security Tax 2120
Medicare Tax 2130
Federal Income Tax 2140
State Income Tax 2150
Long term Debt 2800
Owners' Equity -Invested Capital 3000
Owners' Equity -Retained Earnings 3100
Service Income 4000
Construction Fees 4050
Changes in inventories 4060
Other sales 4070
Cash Discount Taken 5000
Purchases 5200 $ 24,835.75
Labor 5300 $ 34,288.50
Subcontract Labor 5400 $ 1,500.00
Bank Charge 5500 $ 1,239.00
Depreciations 5600 $ 4,000.00
Taxes 5700 $ 3,730.00
Insurance Expense 6500 $ 3,150.00
Officer wages 6700 $ 1,000.00
Postage Expense 6900 $ 100.00
Rent Expense 7200 $ 3,310.00
Telephone Expense 7600 $ 150.00
$ 119,992.11
Trial Balance Balance Sheet Income statement

Credit Debit Credit Rank

$ 1,050.00 1
$ 2,978.30
$ 12,194.56
$ 11,290.00
$ 14,276.00
$ 2,500.00
$ 7,120.00
$ -8,720.00
$ 11,320.00 $ 11,320.00
$ 265.31 $ 265.31
$ 2,389.25 $ 2,389.25
$ 535.00 $ 535.00
$ 124.00 $ 124.00
$ 29.00 $ 29.00
$ 240.00 $ 240.00
$ 60.00 $ 60.00
$ 9,650.00 $ 9,650.00
$ 5,000.00 $ 5,000.00
$ 7,925.00 $ 7,925.00
$ 17,777.20 $ 17,777.20
$ 67,337.50 $ 67,337.50
$ -2,867.00 $ -2,867.00
$ 180.00 $ 180.00
$ 26.85 $ 26.85
$ 24,835.75
$ 34,288.50
$ 1,500.00
$ 1,239.00
$ 4,000.00
$ 3,730.00
$ 3,150.00
$ 1,000.00
$ 100.00
$ 3,310.00
$ 150.00
$ 119,992.11 $ 42,688.86 $ 37,537.56 $ 77,303.25 $ 82,454.55
$ -5,151.30 $ 5,151.30 Income statement is positive
JeanPhi Construction
31.12.2020
Trial Balance

Account Name Debit

Petty Cash 1001 $ 1,050.00
Checking Account 1005 $ 1,478.30
Accounts Receivable 1500 $ 12,902.00
Merchandise Inventory 1015 $ 9,990.00
Machinery and equipment 1720 $ 9,028.41
Furniture and fixtures 1730 $ 2,500.00
Capital lease 1760 $ 7,120.00
Accumulated depreciation 1800 $ -8,720.00
Accounts payable 2600
Sales Tax Payable 2000
Pending Item Receipts 2500
Business Credit Card 2010
Social Security Tax 2120
Medicare Tax 2130
Federal Income Tax 2140
State Income Tax 2150
Long term Debt 2800
Owners' Equity -Invested Capital 3000
Owners' Equity -Retained Earnings 3100
Service Income 4000
Construction Fees 4050
Changes in inventories 4060
Other sales 4070
Cash Discount Taken 5000
Purchases 5200 $ 25,966.00
Labor 5300 $ 25,670.00
Subcontract Labor 5400 $ 15,340.00
Bank Charge 5500 $ 15.00
Depreciations 5600 $ 3,659.00
Taxes 5700 $ 3,730.00
Insurance Expense 6500 $ 3,150.00
Officer wages 6700 $ 1,000.00
Postage Expense 6900 $ 100.00
Rent Expense 7200 $ 4,310.00
Telephone Expense 7600 $ 150.00
Loss on Sale of Asset 8100 $ 8,010.00

$ 126,448.71
Trial Balance Balance Sheet Income statement

Credit Debit Credit Rank

$ 1,050.00 1
$ 1,478.30
$ 12,902.00
$ 9,990.00
$ 9,028.41
$ 2,500.00
$ 7,120.00
$ -8,720.00
$ 12,320.00 $ 12,320.00
$ 265.31 $ 265.31
$ 1,589.25 $ 1,589.25
$ 535.00 $ 535.00
$ 124.00 $ 124.00
$ 29.00 $ 29.00
$ 240.00 $ 240.00
$ 60.00 $ 60.00
$ 1,130.00 $ 1,130.00
$ 1,000.00 $ 1,000.00
$ 18,824.30 $ 18,824.30
$ 2,440.00 $ 2,440.00
$ 89,462.00 $ 89,462.00
$ -1,777.00 $ -1,777.00
$ 180.00 $ 180.00
$ 26.85 $ 26.85
$ 25,966.00
$ 25,670.00
$ 15,340.00
$ 15.00
$ 3,659.00
$ 3,730.00
$ 3,150.00
$ 1,000.00
$ 100.00
$ 4,310.00
$ 150.00
$ 8,010.00
$ 35,348.71 $ 36,116.86 $ 91,100.00 $ 90,331.85
$ 126,448.71 $ -768.15 $ 768.15 Income is positive
Liabilities are higher
Pabo Construction
31.12.2020
Trial Balance

Account Name Account Number Debit

Petty Cash 1001 $ 50.00
Checking Account 1005 $ 1,078.30
Accounts Receivable 1500 $ 18,661.00
Inventory 1015 $ 14,677.00
Machinery and equipment 1720 $ 28,780.00
Furniture and fixtures 1730 $ 7,200.00
Capital lease 1760 $ -
Accumulated depreciation 1800 $ -16,278.00
Accounts payable 2600
Sales Tax Payable 2000
Pending Item Receipts 2500
Business Credit Card 2010
Social Security Tax 2120
Medicare Tax 2130
Federal Income Tax 2140
State Income Tax 2150
Long term Debt 2800
Owners' Equity -Invested Capital 3000
Owners' Equity -Retained Earnings 3100
Service Income 4000
Construction Fees 4050
Changes in inventories 4060
Other sales 4070
Cash Discount Taken 5000
Purchases 5200 $ 117,293.90
Labor 5300 $ 129,285.90
Subcontract Labor 5400 $ 32,999.00
Bank Charge 5500 $ 3,079.00
Depreciations 5600 $ 4,000.00
Taxes 5700 $ 3,730.00
Penalties 5900 $ -
Insurance Expense 6500 $ 3,150.00
Officer wages 6700 $ 4,000.00
Postage Expense 6900 $ 400.00
Rent Expense 7200 $ 9,000.00
Telephone Expense 7600 $ 300.00
$ 361,406.10
Trial Balance Balance Sheet Income statement

Credit Debit Credit Debit Credit Rank

$ 50.00 2
$ 5,078.30
$ 18,661.00
$ 14,677.00
$ 24,780.00
$ 7,200.00
$ -
$ -16,278.00
$ 32,655.00 $ 32,655.00
$ 542.00 $ 542.00
$ 2,389.25 $ 2,389.25
$ 1,432.00 $ 1,432.00
$ 871.00 $ 871.00
$ 95.00 $ 95.00
$ 1,210.00 $ 1,210.00
$ 210.00 $ 210.00
$ 18,695.00 $ 18,695.00
$ 20,000.00 $ 20,000.00
$ -16,896.00 $ -16,896.00
$ 54,767.00 $ 54,767.00
$ 238,467.00 $ 238,467.00
$ 6,762.00 $ 6,762.00
$ 180.00 $ 180.00
$ 26.85 $ 26.85
$ 117,293.90
$ 129,285.90
$ 32,999.00
$ 3,079.00
$ 4,000.00
$ 3,730.00
$ -
$ 3,150.00
$ 4,000.00
$ 400.00
$ 9,000.00
$ 300.00
$ 361,406.10 $ 54,168.30 $ 61,203.25 $ 307,237.80 $ 300,202.85
$ -7,034.95 $ -7,034.95
Liabilities are higher Income is negative