Dwyer Delivery Service
Journal Transactions
No. Description coa Dr Cr
a Cash 5,000
Vehicle (Fixed Asset) 10,000
Paid in Capital 15,000
b Supplies 200
Cash 200
c Prepaid Insurance 600
Cash 600
d Cash 700
Sales 700
e Account Receivable 2,000
Sales 2,000
f Salary exp. 800
Cash 800
g Cash 900
Sales 900
h Cash 500
Unearned Revenue 500
i Cash 2,000
A/R 2,000
j Fuel 100
A/P 100
k Account Receivable 800
Sales 800
l Rent exp 500
Cash 500
m A/P 100
Cash 100
n Withdrew 1,900
Cash 1,900
Total 26,100 26,100
Dwyer Delivery Service
T - Account
CASH SALES
5,000 200 700
700 600 2,000
500 800 900
900 500 800
2,000 100
1,900 4,400
9,100 4,100
5,000
VEHICLE (FX ASSET) UNEARNED REVENUE
10,000 500
10,000 500
PAID IN CAPITAL FUEL
15,000 100
15,000 100
SUPPLIES STOCK
200
200 -
PREPAID INSURANCE RENT EXP
600 500
600 500
ACCOUNT RECEIVABLE ACCOUNT PAYABLE
2,000 2,000 100 100
800
2,800 2,000 100 100
800 -
SALARY EXP. WITHDREW
800 1,900
800 1,900
Worksheet
Worksheet
Beg Trans Trial Balance Adj
COA Description
Dr Cr Dr Cr Dr Cr Dr
Cash - - 9,100 4,100 5,000 -
Account Receivable - - 2,800 2,000 800 -
Supplies - - 200 - 200 -
Prepaid Insurance - - 600 - 600 -
Vehicle (Fixed Asset) - - 10,000 - 10,000 -
Account Payabale - - 100 100 - -
Unearned Revenue - - - 500 - 500 400
Capital - - - 15,000 - 15,000
Retain Earning - - - - - -
Withdrew - - 1,900 - 1,900 -
Service Revenue - - - 4,400 - 4,400
Salary expense - - 800 - 800 - 800
Supplies expense - - - - - - 100
Rent expense - - 500 - 500 -
Fuel expense - - 100 - 100 -
- -
Adjusment : - - - - - -
Salary Payable - - - - - -
Depreciation expense - - - - - - 50
Accumulation Depr - - - - - -
Insurance expense - - - - - - 150
- -
Net Income
- - 26,100 26,100 1,500
-
Adjustmnet Trial
Adj Balance Sheet Income Statement
Balance
Cr Dr Cr Dr Cr Dr Cr
5,000 - 5,000 -
800 - 800 -
100 100 - 100 -
150 450 - 450 -
10,000 - 10,000 -
- - - -
- 100 - 100
- 15,000 - 15,000
- - - -
1,900 - 1,900 -
400 - 4,800 - 4,800
1,600 - 1,600 -
100 - 100 -
500 - 500 -
100 - 100 -
- - - -
- - - -
800 - 800 - 800
50 - 50 -
50 - 50 - 50
150 - 150 -
- -
- -
- - 2,300 2,300
1,500 20,750 20,750 18,250 18,250 4,800 4,800
- - - -
Manado, 28 Januari 2010
Dwyer Delivery Service
Income Statement
Service Revenue 4,800
Commersial exps :
Salary expense 1,600
Rent expense 500
Insurance expens 150
Supplies expense 100
Fuel expense 100
Depreciation expe 50
Total Comm expenses 2,500
Net Income 2,300
Dwyer Delivery Service
Owner's Equity Statement
Dwyer, Capital 15,000
Net Income 2,300
17,300
Less : Withdrew 1,900
Tot. Owners Equity 15,400
Dwyer Delivery Service
Balance Sheet
ASSETS LIABILITIES & CAPITAL
Current Asset Current Liability
Cash 5,000 Account Payable
Account Receivabl 800 Salary Payable
Supplies Stock 100 Unearned Revenue
Prepaid insurance 450
Long term Liability
Fixed Asset
Vehicle 10,000 Dwyer Capital
Acc. Depreciation (50) Withdrawals
Net Fixed 9,950 Retain Earnings
TOTAL ASSETS 16,300 TOTAL LIABILITY AND CAPITAL
Manado, Jan 2010
-
800
100
15,000
(1,900)
2,300
16,300
-
Manado, Jan 2010
Dwyer Delivery Service
Closing Entry Journal
No. Description Dr Cr
1 Income Summary 2,500
Salary expense 1,600
Rent expense 500
Insurance expense 150
Supplies expense 100
Fuel expense 100
Depreciation expense 50
2 Service Revenue 4,800
Income Summary 4,800
3 Income Summary 2,300
Capital 2,300
Dwyer Delivery Service
Post Closing
No. Description Dr Cr
1 Capital 1,900
Withdrawals 1,900
