JOURNAL Page

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 Cash Account No. 101 Equipment
Date Explanation Ref Dr Cr Balance Date Explanation Ref
-
-
-
- Accounts Payable
- Date Explanation Ref
-
-
-
-
-
-
-
-
-
Notes Payable
Date Explanation Ref
Accounts Receivable Account No.
Date Explanation Ref Dr Cr Balance
-
-
- B. Magno , Capital
- Date Explanation Ref
-

Merchandise Inventory Account No. 121

Date Explanation Ref Dr Cr Balance B. Magno , Withdrawal
Date Explanation Ref

Supplies Account No. 131

Date Explanation Ref Dr Cr Balance
 Account No.
Date Explanation Ref Dr Cr Balance

Account No.
Date Explanation Ref Dr Cr Balance
 Account No. 135
Dr Cr Balance

Account No. 201

Dr Cr Balance
-
-
-
-
-
-

Account No. 201

Dr Cr Balance
-

Account No. 301

Dr Cr Balance
-

Account No. 320

Dr Cr Balance
0
 Sales Account No. 401 Purchse Discounts Account No.
Date Explanation Ref Dr Cr Balance Date Explanation Ref Dr Cr

Freight In Account No.

Date Explanation Ref Dr Cr
Sales Discounts Account No. 121
Date Explanation Ref Dr Cr Balance

Salaries Expense Account No.

Date Explanation Ref Dr Cr
Sales Return and Allowances Account No. 131
Date Explanation Ref Dr Cr Balance

Rent Expense Account No.

Date Explanation Ref Dr Cr

Purchases Account No. 135

Date Explanation Ref Dr Cr Balance

Advertising Expense Account No.

Date Explanation Ref Dr Cr

Purchase Return and Allowances. Account No. 511

Date Explanation Ref Dr Cr Balance
Utilities Account No.
Date Explanation Ref Dr Cr

Income and Expense Summary Account No. Advertising Expense Account No.
Dr Cr Balance Date Explanation Ref Dr Cr

Freight Out Account No.

Dr Cr
 201
Balance

301
Balance

320
Balance

Balance

541
Balance

Balance

Balance
 Badger Supplies Unlimited
Trial Balance
For the month ended June 30, 2016

Dr Cr
Account Account Title
Name
Cash
Accounts Receivable
Supplies
Equipment
Accounts Payable
Notes Payable
B. Magmo, Capital
B. Magno Wihdrawal
Sales
Sales Discount
Sales Return and Allowances
Purchase
Purchase return and Aloowances
Purchase Discount
Freight In
Salaries Expense
Rent Expense
Advertising Expense
Freight Out
Utilities Expense
 Badger Supplies Unlimited
Statement of Comprehensive Income
For the month ended June 30, 2016

Sales
Sales Discount
Sales Return and Allowances
Net Sales

Cost of Good Sold

Gross profit

Less: Operating Expense

Salaries Expense
Rent Expense
Advertising Expense
Freight Out
Utilities Expense

Net Income
 Badger Supplies Unlimited
Statement of Comprehensive Income
For the month ended June 30, 2016

Sales
Sales Discount
Sales Return and Allowances
Net Sales

Cost of Good Sold

Purchase
Purchase return and Aloowances
Purchase Discount
Net Purchases
Freight In
Goods Avilable for Sale
Less: Merchandise Inventory End -

Gross profit -

Less: Operating Expense

Salaries Expense
Rent Expense
Advertising Expense
Freight Out
Utilities Expense 0

Net Income 0
 Badger Supplies Unlimited
Statement of Cost of Good Sold
For the month ended June 30, 2016

Cost of Good Sold

Purchase
Purchase return and Aloowances
Purchase Discount
Net Purchases
Freight In
Goods Avilable for Sale
Less: Merchandise Inventory End -

Badger Supplies Unlimited

Statement of Equity
For the month ended June 30, 2016

Capital Beginning
Add: Income (Loss)
Total

Less: Withdrawal
Capital Ending
 Badger Supplies Unlimited
Trial Balance
For the month ended June 30, 2016

Current Assets
Cash
Accounts Receivable
Merchandise Inventory
Supplies
Total Current Assets

Non Current Assets

Property Plant and Equipment
Total Assets -

Current Liabilities
Accounts Payable

Notes Payable
Total Liabilities -

B. Magmo, Capital

Total Liabilities and Owner's Equity

 JOURNAL Page
Adjustment
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Closisng Entries

JOURNAL Page

Date Description Debit Credit

Ref
 Badger Supplies Unlimited
Post Closing Trial Balance
For the month ended June 30, 2016

Account No. Account Title

Cash
Accounts Receivable
Merchandise Inventory
Supplies
Accounts Payable
Notes Payable
B. Magmo, Capital

Total