Balance

Debit Credit
Cash 873,555.00 0.00
JCD Capital 0.00 500,000.00
Accounts Payable 0.00 14,875.00
Merchandise Inventory 0.00 100,540.00
Outstanding Balance 0.00 0.00
Taxes and Licenses Expense 15,000.00 0.00
Office Supplies 16,850.00 0.00
Accounts Receivable 0.00 184,535.00
Sales Discount 0.00 9,750.00
Sales 0.00 245,545.00
Cost of Sales 196,290.00 0.00
Equipment 22,750.00 0.00
Furnitures and Fixtu 54,350.00 0.00
Notes Payable 0.00 132,000.00
Salaries Expense 27,000.00 0.00
Advertising Expense 13,000.00 0.00
Utilities Expense 16,450.00 0.00
Drawing 12,000.00 0.00
Service Income 0 60,000.00

1,247,245.00 1,247,245.00

0.00
 Cash
Balance
Particulars
Debit Credit Debit Credit
1-Dec Additional Investment 500,000.00
2-Dec 50% Accounts Receivable Less Discount 32,950.00
3-Dec Taxes and License Paid 15,000.00
4-Dec 12,350.00
5-Dec 339,300.00
6-Dec 15,000.00
7-Dec 55,000.00
8-Dec 90,000.00
10-Dec 150,000.00
15-Dec 13,500.00
13,000.00
19-Dec 16,450.00
20-Dec 42,750.00
18,000.00
21-Dec 19,275.00
22-Dec 15,780.00
23-Dec 4,500.00
24-Dec 51,500.00
27-Dec 63,000.00
28-Dec 12,000.00
29-Dec 27,500.00
31-Dec 13,500.00
8,750.00
1,201,330.00 327,775.00 873,555.00

Taxes and License Expense

Balance
Debit Credit Debit Credit
3-Dec Taxes and License Paid 15,000.00

15,000.00 15,000.00

Cost of Sales
Balance
Debit Credit Debit Credit
6-Dec 11,250.00
7-Dec 48,000.00
 8-Dec 75,000.00
14-Dec 32,500.00
22-Dec 10,750.00
31-Dec 18,790.00
196,290.00 196,290.00

Advertising Expense
Balance
Debit Credit Debit Credit
15-Dec 13,000.00

13,000.00 13,000.00
 JCD Capital
Balance
Particulars
Debit Credit Debit Credit
1-Dec Additional Investment 500,000.00 2-Dec
6-Dec
21-Dec
22-Dec
27-Dec

500,000.00 500,000.00

Office Supplies
Balance
Debit Credit Debit Credit
4-Dec 12,350.00 5-Dec
23-Dec 4,500.00 14-Dec
20-Dec
25-Dec
29-Dec
31-Dec
16,850.00 16,850.00

Equipment
Balance
Debit Credit Debit Credit
6-Dec 22,750.00 6-Dec
 22,750.00 22,750.00

Utilities Expense
Balance
Debit Credit Debit Credit
19-Dec 16,450.00 28-Dec

16,450.00 16,450.00
 Accounts Payable
Balance
Particulars
Debit Credit Debit Credit
Nov 30 Accounts Payable 42,950.00 2-Dec
77,100.00 6-Dec
19,275.00 7-Dec
70,000.00 8-Dec
70,000.00 14-Dec
22-Dec
22-Dec
24-Dec
27-Dec
31-Dec

132,225.00 147,100.00 14,875.00

Accounts Receivable
Balance
Debit Credit Debit Credit
331,800.00 5-Dec
45,000.00 20-Dec
45,000.00
60,000.00
27,500.00
24,765.00
174,765.00 359,300.00 184,535.00

Furniture & Fixtures

Balance
Debit Credit Debit Credit
54,350.00 10-Dec
20-Dec
54,350.00 54,350.00

Drawing
Balance
Debit Credit Debit Credit
12,000.00 25-Dec

12,000.00 12,000.00
 Merchandise Inventory
Balance
Debit Credit Debit Credit
Discount for Nov. 30 A.P. 10,000.00
11,250.00
48,000.00
75,000.00
32,500.00
70,000.00
10,750.00
51,500.00
7,000.00
8,750.00
18,790.00

121,500.00 222,040.00 100,540.00

Sales Discount Sales

Balance
Debit Credit Debit Credit Debit
7,500.00 6-Dec
2,250.00 7-Dec
8-Dec
14-Dec
22-Dec
31-Dec
9,750.00 9,750.00

Notes Payable Salaries Exp

Balance
Debit Credit Debit Credit Debit
150,000.00 15-Dec 13,500.00
18,000.00 31-Dec 13,500.00
18,000.00 150,000.00 132,000.00 27,000.00

Service Income
Balance
Debit Credit Debit Credit
60,000.00

60,000.00 60,000.00
 Sales
Balance
Credit Debit Credit
15,000.00
55,000.00
90,000.00
45,000.00
15,780.00
24,765.00
245,545.00 245,545.00

Salaries Expense
Balance
Credit Debit Credit
27,000.00
 Cash
Balance
Particulars
Debit Credit Debit Credit 1-Dec
1-Dec 500,000.00
2-Dec 32,950.00
3-Dec 15,000.00
4-Dec 12,350.00
5-Dec 339,300.00
6-Dec 15,000.00
7-Dec 55,000.00
8-Dec 90,000.00
10-Dec 150,000.00
15-Dec 13,500.00
13,000.00
19-Dec 16,450.00
20-Dec 42,750.00
18,000.00
21-Dec 19,275.00
22-Dec 15,780.00
23-Dec 4,500.00
24-Dec 51,500.00
27-Dec 63,000.00
28-Dec 12,000.00
29-Dec 27,500.00
31-Dec 13,500.00
8,750.00
1,201,330.00 327,775.00 873,555.00

Taxes and License Expense

Balance
Debit Credit Debit Credit
3-Dec 15,000.00 4-Dec
23-Dec

15,000.00 15,000.00

Cost of Sales
Balance
Debit Credit Debit Credit
6-Dec 11,250.00 6-Dec
7-Dec 48,000.00
 8-Dec 75,000.00
14-Dec 32,500.00
22-Dec 10,750.00
31-Dec 18,790.00
196,290.00 196,290.00

Advertising Expense
Balance
Debit Credit Debit Credit
15-Dec 13,000.00 19-Dec

13,000.00 13,000.00
 JCD Capital Accounts Payable
Balance Balance
Debit Credit Debit Credit Debit Credit Debit
500,000.00 2-Dec 42,950.00
6-Dec 77,100.00
21-Dec 19,275.00
22-Dec 70,000.00
27-Dec 70,000.00

500,000.00 500,000.00 132,225.00 147,100.00

Office Supplies Accounts Receivable

Balance Balance
Debit Credit Debit Credit Debit Credit Debit
12,350.00 5-Dec 331,800.00
4,500.00 14-Dec 45,000.00
20-Dec 45,000.00
25-Dec 60,000.00
29-Dec 27,500.00
31-Dec 24,765.00
16,850.00 16,850.00 174,765.00 359,300.00

Equipment Furniture & Fixtures

Balance Balance
Debit Credit Debit Credit Debit Credit Debit
22,750.00 6-Dec 54,350.00
22,750.00 22,750.00 54,350.00 54,350.00

Utilities Expense Drawing

Balance Balance
Debit Credit Debit Credit Debit Credit Debit
16,450.00 28-Dec 12,000.00

16,450.00 16,450.00 12,000.00 12,000.00

s Payable Merchandise Inventory Outsanding Bala
Balance Balance
Credit Debit Credit Debit Credit Debit
2-Dec 32,950.00 2-Dec
6-Dec 11,250.00
7-Dec 48,000.00
8-Dec 75,000.00
14-Dec 32,500.00
22-Dec 70,000.00
22-Dec 10,750.00
24-Dec 51,500.00
27-Dec 7,000.00
31-Dec 8,750.00
18,790.00

14,875.00 121,500.00 244,990.00 123,490.00

Receivable Sales Discount Sales

Balance Balance
Credit Debit Credit Debit Credit Debit
5-Dec 7,500.00 6-Dec
20-Dec 2,750.00 7-Dec
8-Dec
14-Dec
22-Dec
31-Dec
184,535.00 10,250.00 10,250.00

& Fixtures Notes Payable Salaries Expen

Balance Balance
Credit Debit Credit Debit Credit Debit
10-Dec 150,000.00 15-Dec 13,500.00
20-Dec 18,000.00 31-Dec 13,500.00
 18,000.00 150,000.00 132,000.00 27,000.00

wing Service Income

Balance Balance
Credit Debit Credit Debit Credit
25-Dec 60,000.00

60,000.00 60,000.00
 Outsanding Balance
Balance
Credit Debit Credit
10,000.00

10,000.00 10,000.00

Sales
Balance
Credit Debit Credit
15,000.00
55,000.00
90,000.00
45,000.00
15,780.00
24,765.00
245,545.00 245,545.00

Salaries Expense
Balance
Credit Debit Credit
27,000.00
1,201,330.00 327,775.00
500,000.00
132,225.00 147,100.00
121,500.00 222,040.00
15,000.00
16,850.00
184,535.00
9,750.00
245,545.00
196,290.00
22,750.00
54,350.00
132,000.00
27,000.00
13,000.00
16,450.00
12,000.00
60,000.00
1,538,905.00 2,118,585.00
 Balance
Debit Credit
Cash 873,555.00 0.00
JCD Capital 0.00 500,000.00
Accounts Payable 0.00 14,875.00
Merchandise Inventory 0.00 100,540.00
Outstanding Balance 0.00 0.00
Taxes and Licenses Expense 15,000.00 0.00
Office Supplies 16,850.00 0.00
Accounts Receivable 0.00 184,535.00
Sales Discount 0.00 9,750.00
Sales 0.00 245,545.00
Cost of Sales 196,290.00 0.00
Equipment 22,750.00 0.00
Furnitures and Fixtu 54,350.00 0.00
Notes Payable 0.00 132,000.00
Salaries Expense 27,000.00 0.00
Advertising Expense 13,000.00 0.00
Utilities Expense 16,450.00 0.00
Drawing 12,000.00 0.00
Service Income 0 60,000.00

1,247,245.00 1,247,245.00

0.00