Sie sind auf Seite 1von 3

Peyton Approved

Adjusting Journal Entries


2014

Date Accounts Debit Credit


30-Sep Depreciation Expense 208.33
accumulated depreciation 208.33
Baking equipment depreciation
30-Sep Interest Expense 146.74
Interest Payable 146.74
accrued interest on parents' note
30-Sep Insurance Expense 200.00
Prepaid Insurance 200.00

30-Sep Baking Supplies Expense 19,400.00


Baking Supplies 19,400.00
30-Sep Misc. Supplies Expense 550.00
Misc. Supplies 550.00
end of quarter inventory adj.
Peyton Approved
Trial Balance
2014
Unadjusted trial balance
Account Debit Credit
Cash 47,896.75
Baking Supplies 20,500.00
Merchandise Inventory 175.63
Prepaid Rent 1,500.00
Prepaid Insurance 1,200.00
Baking Equipment 5,000.00
Misc. Supplies 600.00
Accounts Receivable 10,300.00
Notes Payable 10,000.00
Accounts Payable 7,000.00
Wages Payable 480.00
Common Stock 20,000.00
Dividends 3,000.00
Bakery Sales 60,000.00
Merchandise Sales 221.00
Baking Supplies Expense
Rent Expense 4,500.00
Insurance Expense
Misc. Expense 250.00
Business License Expense 375.00
Advertising Expense 200.00
Wages Expense 1,956.00
Telephone Expense 90.00
COGS 157.62
Depreciation Expense
Accumulated Depreciation
Misc Supplies Expense*
Interest Expense*
Interest Payable*

Totals 97,701.00 97,701.00


proved
ance
4
Adjusting entries Adjusted trial balance
Debit Credit Debit Credit
47,896.75
19,400.00 1,100.00
175.63
1,500.00
200.00 1,000.00
5,000.00
550.00 50.00
10,300.00
10,000.00
7,000.00
480.00
20,000.00
3,000.00
60,000.00
221.00
19,400.00 19,400.00
4,500.00
200.00 200.00
250.00
375.00
200.00
1,956.00
90.00
157.62
208.33 208.33
208.33 208.33
550.00 550.00
146.74 146.74
146.74 146.74

20,505.07 20,505.07 98,056.07 98,056.07