Systems Understanding Aid

Check Figures
7th Edition Transaction List A, Main Solution

Journals Prior to Month-End Entries

Sales Journal -- 2 entries
Account #
10200
30200
Amount
$
49,398.00
$ 3,480.00
Cash Receipts Journal--4 entries
Account #
10100
30300
Amount
$
115,082.36
$ 261.64
Purchases Journal--3 entries
Account #
30500
20100
Amount
$
51,795.00
$64,279.15
Cash Disbursements Journal--3 entries
Account #
10100
20100
Amount
$
73,099.43
$59,162.00
Payroll Journal--3 entries
Account #
40500
20300
Amount
$
15,152.48 $ 1,824.44
General Journal1 entry
Complete Project
Financial Statements
Current Assets
Total Assets
Net Sales
Op. Exp. (excluding COGS, int exp, FIT)
Net Income
Accounts Receivable Aged Trial Balance
Total Accounts Receivable
Current Accounts Receivable
Year-end Worksheet
12-31-01 Unadjusted Trial Balance Total
Adjustments Column Total
General Ledger Balances
#10100--Cash
#30100--Sales (pre closing)
#30500--Purchases (pre closing)
#30400--COGS (pre closing)

10200
$ 23,082.00

30800
$ 1,300.00
10100
$ 12,168.89

$362,240.75
$578,161.75
$1,516,028.18
$308,964.05
$ 128,236.25
$ 47,421.00
$ 26,316.00
$2,109,266.06
$1,247,780.69
$ 103,141.67
$1,592,545.00
$1,130,295.00
$1,028,021.74