Date Description REF Debit Credit

June 1,2017 Cash 110 39,000.00

Mini Hasa, Capital 310 39,000.00

Initial Investment.
June 2,2017 Computer 150 10,000.00
Cash 110 10,000.00
Bought Computer Equipment.

June 2,2017 Merchandise Inventory 140 15,900.00

Accounts Payable 210 15,900.00
Bought Merchandise

June 3,2017 Supplies 130 700

Cash 110 700
Bought Office Supplies.

June 4,2017 Account Receivable 120 15,200.00

Sales 410 15,200.00
Sold Merchandise on account.

Cost of Goods Sold 510 12,200.00

Merchandise Inventory 140 12,200.00
Sold Merchandise on Account.

June 5,2017 Freight Out 620 200

Cash 110 200
Freight on Sales.

June 6,2017 Accounts Payable 210 300

Merchandise Inventory 140 300
Merchandise Returned.

June 11,2017 Accounts Payable 210 15,600.00

Cash 110 15,288.00
Merchandise Inventory 140 312.00

June 13,2017 Cash 110 14,896.00

Sales Discount 420 304
Account Receivable 120 15,200.00
Collection from receivables.

June 14,2017 Merchandise Inventory 140 14,400.00

cash 110 14,400.00
Bought Merchandise on Cash.
June 15,2017 Salaries 640 1,500.00
Cash 110 1,500.00
Salaries Payment.

June 16,2017 Cash 110 12,000.00

Notes Payable 220 12,000.00
Borrowed Money from the bank.

June 17,2017 Cash 110 500

Merchandise Inventory 140 500
Refund from Supplies.

June 18,2017 Merchandise Inventory 140 14,200.00

Acounts Payable 210 14,200.00
Bought Merchandise on account.

June 20,2017 Merchandise Inventory 140 700

Cash 110 700
Freight on purchased goods.

June 23,2017 Cash 110 16,400.00

Sales 410 16,400.00
Sold Merchandise.

Cost of Good Sold 510 10,500.00

Merchandise Inventory 140 10,500.00
Sold Merchandise.

June 26,2017 Merchandise Inventory 140 12,300.00

Cash 110 12,300.00
Bought Merchandise on cash.

June 27,2017 Accounts Payable 210 9,000.00

Cash 110 9,000.00
Portrial Payment to Ravena Company.

June 28,2017 Mini Hasa,Drawing 320 2,008.00

Cash 110 2,008.00
Mini Hasa withdrawals.

June 29,2017 Sales return and Allowances 430 900

Cash 110 900
Refund to customer
June 30,2017 Account Receivable 120 13,700.00
Sales 410 13,700.00
Sold Merchandise on account.

Cost of Good Sold 510 11,000.00

Merchandise Inventory 140 11,000.00
Sold Merchandise on account.

Advertising Expense 660 1,000.00

Utilities Expense 650 400.00
Rent Expense 630 3,500.00
Salaries 640 1,500.00
Cash 6,400.00
Payment for Operational Expenses.

Sales 410 45,300.00

Income Summary 330 44,096.00
Sales Discount 420 304.00
Sales Return and Allowance 430 900.00
To Closed Sales Account

Income Summary 330 41,800.00

Cost of Goods Sold 510 33,700.00
Freight Out 620 200.00
Rent Expenses 630 3,500.00
Salaries 640 3,000.00
utilities Expenses 650 400.00
Advertising Expenses 660 1,000.00
To Closed operating Expenses

Income Summary 330 2,296.00

Mini Hasa,Capital 310 2,296.00
To Closed Income Summary

Mini Hasa,Capital 310 2,008.00

Mini Hasa,Drawing 320 2,008.00
To Closed Drawing Account
Account Tittle: Cash Account #: 110
Date Remarks Ref. Debit Credit Debit Balance
June 1,2017 Initial J-1 39,000.00 39,000.00
June 2,2017 Computer J-1 10,000.00 29,000.00
June 3,2017 Supplies J-1 700 28,300.00
June 5,2017 Freight Out J-1 200 28,100.00
June 11,2017 Purchases J-1 15,288.00 12,812.00
June 13,2017 Recievables J-1 14,896.00 27,708.00
June 14,2017 Purchases J-1 14,400.00 13,308.00
June 15,2017 OPEX J-1 1,500.00 11,808.00
June 16,2017 Barrowed J-1 12,000.00 23,808.00
June 17,2017 Refund Form J-1 500 24,308.00
June 20,2017 Freight Out J-1 700 23,608.00
June 23,2017 Sales J-1 16,400.00 40,008.00
June 26,2017 Purchases J-1 12,300.00 27,708.00
June 27,2017 Purchases J-1 9,000.00 18,708.00
June 28,2017 Drawing J-1 2,008.00 16,700.00
June 29,2017 Refund Form J-1 900 15,800.00
June 30,2017 OPEX J-1 6,400.00 9,400.00

Account Tittle: Account Recievable Account #: 120

Date Remarks Ref. Debit Credit Debit Balance
June 4,2017 15,200.00 15,200.00
June 13,2017 15,200.00 -
June 30,2017 13,700.00 13,700.00

Account Tittle: Supplies Account #:130

Date Remarks Ref. Debit Credit Debit Balance
June 3,2017 700 700

Account Tittle: Computer Account #: 150

Date Remarks Ref. Debit Credit Debit Balance
June 2,2017 10,000.00 10,000.00

Account Tittle: Account Payable Account #:210

Date Remarks Ref. Debit Credit Debit Balance
June 2,2017 15,900.00 15,900.00
June 6,2017 300.00 15,600.00
June 11,2017 15,600.00 -
June 18,2017 14,200.00 14,200.00
June 27,2017 9,000.00 5,200.00

Account Tittle: Notes Payable Account #:220

Date Remarks Ref. Debit Credit Debit Balance
June 16,2017 12,000.00 12,000.00

Account Tittle: Mini Hasa,Drawing Account #: 320

Date Remarks Ref. Debit Credit Debit Balance
June 28,2017 2,008.00 2,008.00
June 30,2017 2,008.00 -

Account Tittle: Mini Hasa,Capital Account #: 310

Date Remarks Ref. Debit Credit Debit Balance
June 1,2017 39,000.00 39,000.00
2,296.00 41,296.00
June 30,2017 2,008.00 39,288.00

Account Tittle: Income Summary Account #: 330

Date Remarks Ref. Debit Credit Debit Balance
June 30,2017 44,096.00 44,096.00
41,800.00 2,296.00
2,296.00 -

Account Tittle: Sales Account #:410

Date Remarks Ref. Debit Credit Debit Balance
June 4,2017 15,200.00 15,200.00
June 23,2017 16,400.00 31,600.00
June 30,2017 13,700.00 45,300.00
45,300.00 -

Account Tittle: Sales Discount Account #:420

Date Rematks Ref. Debit Credit Debit Balance
June 13,2017 304 304
June 30,2017 304.00 -

Account Tittle: Sales Return and Allowance Account #:430

Date Remarks Ref. Debit Credit Debit Balance
June 29,2017 900 900
June 30,2017 900.00 -

Account Tittle: Cost of Goods Sold Account #510

Date Remakrs Ref. Debit Credit Debit Balance
June 4,2017 J-1 12,200.00 12,200.00
June 23,2017 J-1 10,500.00 22,700.00
June 30,2017 J-1 11,000.00 33,700.00
J-1 33,700.00 -

Account Tittle: Merchandise Inventory Account #:140

Date Remarks Ref. Debit Credit Debit Balance
June 2,2017 15,900.00 15,900.00
June 4,2017 12,200.00 3,700.00
June 6,2017 300 3,400.00
June 11,2017 312.00 3,088.00
June 14,2017 14,400.00 17,488.00
June 17,2017 500 16,988.00
June 18,2017 14,200.00 31,188.00
June 20,2017 700.00 31,888.00
June 23,2017 10,500.00 21,388.00
June 26,2017 12,300.00 33,688.00
June 30,2017 11,000.00 22,688.00

Account Tittle: Freight Out Account #: 620

Date Remarks Ref. Debit Credit Debit Balance
June 5,2017 200 200
June 30,2017 200.00 -

Account Tittle: Rent Exppense Account #:630

Date Remarks Ref. Debit Credit Debit Balance
June 30,2017 3,500.00 3,500.00
3,500.00 -

Account Tittle: Salaries Account #:640

Date Remarks Ref. Debit Credit Debit Balance
June 15,2017 1,500.00 1,500.00
June 30,2017 1,500.00 3,000.00
3,000.00 -

Account Tittle: Utilities Expense Account #:650

Date Remarks Ref. Debit Credit Debit Balance
June 30,2017 400.00 400.00
400.00 -

Account Tittle: Advertising Expense Account #:660

Date Remarks Ref. Debit Credit Debit Balance
June 30,2017 1,000.00 1,000.00
1,000.00 -

Account Tittle: Communication Account #:610

Date Remarks Ref. Debit Credit Debit Balance
Credit Balance

Credit Balance

Credit Balance

Credit Balance

Credit Balance
Credit Balance

Credit Balance

Credit Balance

Credit Balance

Credit Balance

Credit Balance
Credit Balance

Credit Balance

Credit Balance

Credit Balance

Credit Balance
Credit Balance

Credit Balance

Credit Balance

Credit Balance
Account No. Account Tittles Debit Credit
110 Cash 9,400.00
120 Account Recievable 13,700.00
130 Supplies 700.00
140 Merchandise Inventory 22,688.00
150 Computer 10,000.00
210 Account Payable 5,200.00
220 Notes Payable 12,000.00
310 Mini Hasa,Capital 39,000.00
320 Mini Hasa,Drawing 2,008.00
330 Income Summary
410 Sales 45,300.00
420 Sales Discount 304
430 Sales Return and Allowance 900
510 Cost of Goods Sold 33,700.00
610 Communication
620 Freight Out 200
630 Rent Exppense 3,500.00
640 Salaries 3,000.00
650 Utilities Expense 400.00
660 Advertising Expense 1,000.00

101,500.00 101,500.00
Mini Hasa Merchandise Store
Statement of Performance

SALES 45,300.00
Less:Sales Discount 304
Sales Return and Allowance 900 1,204.00
Net Sales 44,096.00
Cost of Goods Sold 33,700.00
Gross Profit 10,396.00

Less:Operating Expenses
Freight Out 200
Rent Exppense 3,500.00
Salaries 3,000.00
Utilities Expense 400.00
Advertising Expense 1,000.00 8,100.00
Profit 2,296.00
Mini Hasa Merchandise Store
Statement of Changes Equity

Mini Hasa,Capital
Initial Ivestment 39,000.00
Profit 2,296.00
Total 41,296.00
Mini Hasa,Drawing 2,008.00
Mini Hasa,Capital 39,288.00
Mini Hasa Merchandising Store
Statement of financial Rosition
ASSETS
Consent Assets
Cash & Cash Equivalents 9,400.00
Recievable 13,700.00
Prepaid Supplies 700
Merchandise Inventories 22,688.00
Total Consent Assets 46,488.00
Non-Consent Assets
Equipment 10,000.00
Total Assets 56,488.00
Liabilities & Owner's Equity
Consent Liabilities
Accounts Payable 5,200.00
Non-Consent Liabilities
Notes Payable 12,000.00
Total Liabilities 17,200.00
OWNER'S EQUITY
Mini Hasa,Capital 39,288.00
Total Liab. & Owner's Equity 56,488.00
 Mini Hasa Merchandising Store
POST CLOSING TRIAL BALANCE

110 Cash 9,400.00

120 Account Recievable 13,700.00
130 Supplies 700
140 Merchandise Inventory 22,688.00
150 Computer 10,000.00
210 Account Payable 5,200.00
220 Notes Payable 12,000.00
310 Mini Hasa,Capital 39,288.00
56,488.00 56,488.00