SP

TC
Supplies
debtors
cash
prepaid insurance
insurance exp
creditors
unearned revenue
share capital
dividends
revenue
sal exp
tel exp
depreciation sp
acc depreciation sp
depreciation tc
acc depreciation tc
supply exp
sal payable
elec exp
elec payable

a
a
a
a
a
a
e
l
l
l
l
i
e
e
e
l
e
l
e
l
e
l

12000
9600
3280
2910
940
1200
120
1290
2100
15000
800
15540
2910
290
200
200
100
100
2090
1290
280
280

-2090
1200
-120

-300

300
1290

1200

aeps
lisp
debit
credit
12000
9600
1190
4110
940
1080
120
1290
1800
15000
800
17040
4200
290
200
200
100
100
2090
1290
280
280
37000
37000

Office equioment
acc dep (office eqp)
office supplies
cash
creditors
unearned revenue
share capital
retained earnings
dividends
revenue from services
salaries exp
rent
depreciation
acc rec
unpaid salaries
unpaid cleaning exp
cleaning exp
IT exp
IT payable
supply exp

A
L
A
A
L
L
L
L
E
I
E
E
E
A
L
L
E
E
L
E

10000
1000
2510
5600
1600
2100
10000
2340
2000
13810
5940
4800
1000
370
490
240
240
300
300
1580

1000
-1580

-460

460
490

370

aeps
lisp
debit
credit
10000
2000
930
5600
1600
1640
10000
2340
2000
14640
6430
4800
1000
370
490
240
240
300
300
1580
33250

33250

Building
off eqp
offc supplies
debtors
cash
prepaid rent
creditors
unearned revenue
share capital
dividends
revenue fro services
sal exp
elec exp
dep (bldg)
Acc Dep (bldg)
dep (OE)
acc dep (OE)
supplies exp
sal payable
tel exp
tel payable
rent exp

A
A
A
A
A
A
L
L
L
E
I
E
E
E
L
E
L
E
L
E
L
E

15000
12000
2140
1640
630
3600
1020
1600
20000
1000
16870
3100
380
125
125
250
250
1170
3100
480
480
600

-1170
900
-600
-720

900
3100

720

aeps
lisp
debit
credit
15000
12000
970
2540
630
3000
1020
880
20000
1000
18490
6200
380
125
125
250
250
1170
3100
480
480
600
44345

44345

Computers
office eqp
office supplies
debtors
cash
bills receivable
prepaid rent
creditors
unearned revenue
share capital
dividends
revenue from services
sal exp
elec exp
tel exp
dep (comp)
acc dep (comp)
dep (OE)
acc dep (OE)
Supplies Exp
sal payable
rent exp
IT exp
IT Payable
interest recb
other income

A
A
A
A
A
A
A
L
L
L
E
I
E
E
E
E
L
E
L
E
L
E
E
L
A
I

15000
9000
3970
1710
940
3400
12000
3100
2800
20000
1500
33320
10900
460
340
3750
3750
525
525
2730
2600
11000
2500
2500
170
170

-2730

6200
-11000
-2100

6200
2600

2100

aeps
lisp
debit
credit
15000
9000
1240
1710
940
9600
1000
3100
700
20000
1500
41620
13500
460
340
3750
3750
525
525
2730
2600
11000
2500
2500
170
170
74965

74965

Packaging eqp
acc dep (pack eqp)
office eqp
acc dep (offc eqp)
packaging supplies
office supplies
debtors
cash
rent
bills payable
creditors
unearned revenue
share capital
retained earnings
dividend
revenue from services
sal exp
elec exp
ad exp
tel exp
dep (PE)
dep (OE)
packaging supplies exp
office supplies exp
prepaid rent
interest PAYABLE
interest exp
sal payable
prepaid ad
tel payable
IT exp
IT payable

A
L
A
L
A
A
A
A
E
L
L
L
L
L
E
I
E
E
E
E
E
E
E
E
A
L
E
L
A
L
E
L

30000
9000
10000
3000
6280
2650
2170
8820
9600
2500
1360
1800
35000
1350
2500
41260
14910
2340
4800
1200
3000
1000
3920
1460
2520
125
125
970
400
200
1600
1600

3000
1000
-3920
-1460

-2520

-1040

1040
970
-400
200

aeps
lisp
debit
credit
30000
12000
10000
4000
2360
1190
1390
3560
8820
7080
2500
1360
760
35000
1350
2500
1390
43690
15880
2340
4400
1400
3000
1000
3920
1460
2520
125
125
970
400
200
1600
1600
103555

103555

aeps
debit
Store furniture
Acc dep Store furniture
merchandise inventory 2012
office supplies
debtors
cash
prepaid store rent
prepaid insurance
creditors
share capital
retained earnings
sales
sales returns & allowances
sales discounts
purchases
purchases returns and allowances
purchase discounts
freight in
office salaries exp
sales salaries exp
ad exp
delivery exp
tel exp
insurance exp
Depreciation (store furniture)
office supplies exp
rent exp
office salaries payable
IT payable
IT expense

A
L
A
A
A
A
A
A
L
L
L
I
E
E
P
PR
PR
E
E
E
E
E
E
E
E
E
E
L
L
E

15000
3000
42900
3910
6200
1810
14400
1200
4980
20000
3890
102380
980
1610
28340
650
870
3960
4400
7200
1600
900
760
600
1500
2270
7200
400
14000
14000

lisp
credit

15000
1500
-2270

-7200
-600

4500
42900
1640
6200
1810
7200
600
4980
20000
3890
102380
980
1610
28340
650
870

400

600

3960
4800
7200
1600
900
760
1200
1500
2270
7200
400
14000
14000

151670

151670

Cost of goods sold

Opening Inventory
Purchases
purchase returns
purchase discounts
NET PURCHASES
Direct expenses
Freight in
Closing inventory
COGS

42900
28340
-650
-870
26820

3960
-36400
37280

aeps
debit
Store furniture
Acc dep Store furniture
merchandise inventory openings
office supplies
debtors
cash
Prepaid rent
prepaid insurance
creditors
share capital
retained earnings
dividends
sales
sales returns & allowances
sales discounts
purchases
purchases returns and allowances
purchase discounts
freight in
office salaries exp
sales salaries exp
delivery exp
tel exp
Store rent exp
dep on store furniture
office supplies exp
Insurance exp
office sals payable
sales sals payable
Ads payable
Ad exp
IT exp
IT payable

A
L
A
A
A
A
A
A
L
L
L
I
E
E
P
PR
PR
E
E
E
E
E
E
E
E
E
L
L
L
E
E
L

20000
2000
17130
3690
4900
2100
3600
600
3900
10000
2320
5000
95160
430
180
43750
90
1440
3100
1100
4300
860
320
2750
1000
2960
600
100
500
900
900
9000
9000

lisp
credit

20000
1000
-2960

-300
-600

3000
17130
730
4900
2100
3300
0
3900
10000
2320
5000
95160
430
1280
43750
90
1440

100
500

300

3100
1200
4800
860
320
3050
1000
2960
600
100
500
900
900
9000
9000
126410

Ending Merchandise inventory

23180

126410

Cost of goods sold

Opening Inventory
Purchases
purchase returns
purchase discounts
NET PURCHASES
Direct expenses
Freight in
Closing inventory
COGS

17130
43750
90
1440
45280

3100
-23180
42330