COMPANY : Firmament Roofing
Firmament Roofing trial balance is as follows
For the quarter ended March 31, 2017
Account. Nº Account Debit
Cash 2720
Accounts Receivable 2700
Supplies 1500
Equipment 11000
Accumulated Depreciation - Equipment
Unearned service revenue
Accounts Payable
Share capital
Dividends 1100
Service Revenue
Salaries expense 1300
Miscellaneous expense 380
Total 20700
Other data:
A physical count reveals only 550 € of roofing supplies on had
Depreciation in march is 250 €
Unearned service revenue amounted to 220 € at March 31st
Accrued salaries are 420
Credit
1250
650
2500
10000
6300
20700
Other data:
A physical count reveals only 550 € of roofing supplies on had
Depreciation in march is 250 €
Unearned service revenue amounted to 220 € at March 31st
Accrued salaries are 420
Date Trans. Nº Account
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Adj2
Adj 3
Adj 4
Adj 5
Adj 6
Adj 7
Debit Credit
LEDGERS
TRIAL
BALANCE
COMPANY : Firmament Roofing
FYE
TRIAL BALANCE
Initial balance
Account. Nº Account Debit Credit
Cash
Accounts Receivable
Supplies
Prepaid insurance
Equipment
Notes Payable
Accounts Payable
Share capital
Dividends
Service Revenue
Salaries expense
Travel expense
Rent expense
Miscellaneous expense
Total 0 0
Adjustments Total balance Final balance
Debit Adj Credit Adj Debit Credit Debit Credit
0 0 0 0 0 0
NET INCOME STATEMENT
REVENUES
OPERATING EXPENSES
OPERATING INCOME
Financial Revenues
Financial Expenses
FINANCIAL INCOME
INCOME BEFORE TAXES
Income tax (Impuesto de sociedades)
NET INCOME
Firmament Roofing
31STMarch
STATEMENT OF FINANCIAL POSITION
ASSETS EQUITY
Non-current assets 0 EQUITY 0
Current assets 0
LIABILITIES
Non-current liabilities 0
Current Liabilities 0
TOTAL ASSETS 0 TOTAL EQUITY + LIAB.
