Dec. 1 Cash in Bank 250,000.

00
Onon, Capital

5 Prepaid Rent 100,000.00

Cash in Bank

6 Supplies 11,700.00
Accounts Payable

Professional Equipment 58,000.00

` Accounts Payable

7 Office Equipment 8,640.00

Account Payable

8 Cash in Bank 48,200.00

Service Revenue

Cash in Bank 75,000.00

Service Revenue

9 Accounts Payable 18,500.00

Cash in Bank

30 Utilities Expense 3,820.00

Cash in Bank

31 Cash in Bank 38,000.00

Service Revenue

Onon, Withdrawal 16,000.00

Cash in Bank

RECEIPT
 CASH IN BANK
250,000.00 250,000.00
48,200.00
75,000.00
100,000.00 38,000.00
411,200.00
Supplies 11,700.00 272,880.00
11,700.00 Professional Equipment 58,000.00
Accounts Payable 69,700.00
PREPAID RENT
58,000.00 100,000.00

SUPPLIES
8,640.00 11,700.00

OFFICE EQUIPMENT
48,200.00 8,640.00

### PROFESSIONAL EQUIPMENT

75,000.00 58,000.00

18,500.00

3,820.00

38,000.00

16,000.00
 CASH IN BANK ACCOUNTS PAYABLE ONON, CAPITAL
100,000.00 18,500.00 11,700.00 250,000.00
18,500.00 58,000.00
3,820.00 8,640.00
16,000.00 18,500.00 78,340.00 ONON, WITHDRAWAL
138,320.00 59,840.00 16,000.00

PREPAID RENT

SUPPLIES

OFFICE EQUIPMENT

PROFESSIONAL EQUIPMENT
SERVICE REVENUE UTILITIES EXPENSE JUGSAKONON SPORTS REHAB CLINIC
48,200.00 3,820.00 Unadjusted Trial Balance
75,000.00 For the Month Ended December 31, 2019
38,000.00
161,200.00
A Cash in Bank
Prepaid Rent
Supplies
Office Equipment
Professional Equipment
L Accounts Payable
C Onon, Capital
W Onon, Withdrawal
I Service Revenue
E Utilities Expense
Totals
ONON SPORTS REHAB CLINIC Dec. 31 Salaries Expense
adjusted Trial Balance Salaries Payable
nth Ended December 31, 2019
Rent Expense
Dr. Cr. Dr. Debere Prepaid Rent
272,880.00 Cr. Credere
100,000.00 Service Revenue
11,700.00 Unearned Service Revenue
8,640.00
58,000.00 Depreciation Expense- OE
59,840.00 Accumulated Depreciation-OE
250,000.00
16,000.00 Deprecation Expense-PE
161,200.00 Accumulated Depreciation-PE
3,820.00
471,040.00 471,040.00
42,000.00
42,000.00

8,333.33
8,333.33

25,000.00
25,000.00

144.00
144.00

416.67 Depreciation Expense 560.67

416.67 Accumulated Depreciation 560.67
Requirements:
1. Worksheet
2. Financial Statements
a. Statement of Profit or Loss/Statement of Comprehensive Income
b. Statement of Financial Position
c. Statement of Changes in Owner's Equity
d. Statement of Cash Flows Cash in Bank
3. Closing Journal Entries Prepaid Rent
4. Post-Closing Trial Balance Supplies
5. Reversing Journal Entries Office Equipment
Accumulated Depreciation-OE
Professional Equipment
Accumulated Depreciation-PE
Accounts Payable
Unearned Service Revenue
Salaries Payable
Onon, Capital
Onon, Withdrawal
Service Revenue
Utilities Expense
Salaries Expense
Rent Expense
Depreciation Expense - OE
Depreciation Expense -PE
Totals
 JUKSAKONON SPORTS REHAB CLINIC
Worksheet
For the Month Ended December 31, 2019

Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement

Dr. Cr. Dr. Cr. Dr. Cr. Dr.
272,880.00 272,880.00
100,000.00 8,333.33 91,666.67
11,700.00 11,700.00
8,640.00 8,640.00
ted Depreciation-OE 144.00 144.00
nal Equipment 58,000.00 58,000.00
ted Depreciation-PE 416.67 416.67
59,840.00 59,840.00
Service Revenue 25,000.00 25,000.00
42,000.00 42,000.00
250,000.00 250,000.00
16,000.00 16,000.00
161,200.00 25,000.00 136,200.00
3,820.00 3,820.00 3,820.00
42,000.00 42,000.00 42,000.00
8,333.33 8,333.33 8,333.33
tion Expense - OE 144.00 144.00 144.00
tion Expense -PE 416.67 416.67 416.67
471,040.00 471,040.00 75,894.00 75,894.00 513,600.67 513,600.67 54,714.00
81,486.00
136,200.00
 JUKSAKONON SPORTS REHAB CLINIC
Balance Sheet
As of December 31, 2019

Income Statement Balance Sheet ASSETS

Cr. Dr. Cr. Current Assets
272,880.00 Cash in Bank
91,666.67 Prepaid Rent
11,700.00 Supplies
8,640.00 Total Current Assets
144.00
58,000.00 - Noncurrent Assets
416.67 Office Equipment 8,640.00
59,840.00 Less: Accumulated Depreciation-OE 144.00
25,000.00 Professional Equipment 58,000.00
42,000.00 Accumulated Depreciation-PE 416.67
250,000.00 Total Noncurrent Assets
16,000.00 Total Assets
136,200.00
LIABILITIES
Accounts Payable
Unearned Service Revenue
Salaries Payable
Total Liabilities
136,200.00 458,886.67 377,400.67
81,486.00 OWNER'S EQUITY
136,200.00 458,886.67 458,886.67 Onon, Capital
Total
HAB CLINIC JUKSAKONON SPORTS REHAB CLINIC
Income Statement
2019 For the Month Ended December 31, 2019

Service Revenue 136,200.00

Less: Operating Expenses
272,880.00 Utilities Expense 3,820.00
91,666.67 Salaries Expense 42,000.00
11,700.00 Rent Expense 8,333.33
376,246.67 Depreciation Expense 560.67 54,714.00
Net Income 81,486.00

8,496.00

57,583.33
66,079.33
442,326.00

59,840.00
25,000.00
42,000.00
126,840.00

315,486.00
442,326.00
 JUKSAKONON SPORTS REHAB CLINIC JUKSAKONO
Statement of Changes in Owner's Equity Statem
For the Month Ended December 31, 2019 For the Month

Onon, Capital - beginning 250,000.00 CASH FLOWS FROM OPERATING AC

Add: Net Income 81,486.00 Receipt of cash from services rende
Total 331,486.00 Receipt of cash from services to be
Less: Onon, Withdrawal 16,000.00 Payment of utilities
Onon, Capital - ending 315,486.00 Payment of rent
Payment rent in advance
Net Cash from Operating Activitie

CASH FLOWS FROM INVESTING ACT

Payment of Professional Equiment (
Net Cash from Investing Activities

CASH FLOWS FROM FINANCING AC

Investment by Mr. Onon
Withdrawal by Mr. Onon
Net Cash from financing Activitie

Net Increase in Cash

Cash in Bank - Beginning
Cash in Bank- Ending
 JUKSAKONON SPORTS REHAB CLINIC Service Revenue
Statement of Cash Flows Income Summary
For the Month Ended December 31, 2019
Income Summary
S FROM OPERATING ACTIVITIES Utilities Expense
ash from services rendered 136,200.00 Salaries Expense
ash from services to be rendered 25,000.00 Rent Expense
(3,820.00) Depreciation Expense
(8,333.33)
nt in advance (91,666.67) Income Summary
from Operating Activities 57,380.00 Onon, Capital

S FROM INVESTING ACTIVITIES Onon, Capital

Professional Equiment (Partial) (18,500.00) Onon, Withrawal
from Investing Activities (18,500.00)

S FROM FINANCING ACTIVITIES

by Mr. Onon 250,000.00
by Mr. Onon (16,000.00)
from financing Activities 234,000.00

272,880.00
k - Beginning 0
272,880.00
136,200.00 JUGSAKONON SPORTS REHAB CLINIC
136,200.00 Post-Closing Trial Balance
For the Month Ended December 31, 2019
54,714.00
3,820.00 Dr.
42,000.00 Cash in Bank 272,880.00
8,333.33 Prepaid Rent 91,666.67
560.67 Supplies 11,700.00
Office Equipment 8,640.00
81,486.00 Accumulated Deptreciation-OE
81,486.00 Professional Equipment 58,000.00
Accumulated Depreciation-PE
16,000.00 Accounts Payable
16,000.00 Unearned Service Revenue
Salaries Payable
Onon, Capital
Totals 442,886.67
REHAB CLINIC Salaries Payable 42,000.00
Balance Salaries Expense 42,000.00
ember 31, 2019
Unearned Service Revenue 25,000.00
Cr. Service Revenue 25,000.00

144.00

416.67
59,840.00
25,000.00
42,000.00
315,486.00
442,886.67