Jane Distibuting Company

Account Title Trial Balance Adjustments Adjusted Trial Balance Income Statement
Debit Credit Debit Credit Debit Credit
Cash 5670 5670
A/R 37100 37100
Inventory 60500 5300 65800
Supplies 3930 2580 1350
Prepaid Rent 6000 5000 1000
Furnitures & Fixtures 26500 26500
Accumulated depreciation 21200 2650 23850
A/P 46340 46340
Salary Payable 1300 1300
Interest Payable 600 600
Unearned sales Revenue 3500 1100 2400
N/P, Long-term 35000 35000
Jane, Capital 23680 23680
Jane, Withdrawals 48000 48000
Sales Revenue 346700 1100 347800
Sales Discounts 10300 10300 10300
SRA 8200 8200 8200
COGS 171770 5300 166470 166470
Salary Expense 82750 1300 84050 84050
Rent Expense 7000 5000 12000 12000
Depreciation Exp 2650 2650 2650
Utilities Expense 5800 5800 5800
Supplies Expense 2580 2580 2580
Interest Expense 2900 600 3500 3500
Total 476420 476420 18530 18530 480970 480970 295550
52250
Income Statement Balance Sheet

5670
37100
65800
1350
1000
26500
23850
46340
1300
600
2400
35000
23680
48000
347800

347800 185420 133170

52250