UNADJUSTED TRIAL BALANCE ADJUSTING ENTRIES

Cash 423,000
Accounts Receivable 643,000
Prepaid Rent 144,000 a. 72,000
Cooking Supplies 388,000 b. 353,000
Land 630,000
Building 1,250,000
Acc. Depreciation-Bldg 413,000 c.30,000
Cooking Equipment 870,000
Acc. Depreciation-CE 212,000 c. 48,000
Notes Payable 1,400,000
Accounts Payable 110,000
Anas, Capital 1,400,000
Anas, Drawing 240,000
Gourmet Cooking Revenues 2,202,000
Salaries Expense 619,000 d. 25,000
Travel Expense 127,000
Advertising Expense 215,000
Insurance Expense 40,000
Utilities Expense 102,000
Miscellaneous Expense 46,000
TOTALS 5,737,000 5737000

a. Rent Expense a. 72,000

b. Cooking Supplies Expense b. 353,000
c. Depreciation Expense c. 78,000
d. Accrued Salaries d. 25,000
e. Interest Expense e. 252,000
e. Accrued Interest e. 252000
TOTALS 780,000 780,000
Net Income
TOTALS
ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET CLOSING ENTRIES POST CLOSING TB
423,000 423,000 423,000
643,000 643,000 643,000
72,000 72,000 72,000
35,000 35,000 35,000
630,000 630,000 630,000
1,250,000 1,250,000 1,250,000
443,000 443,000
870,000 870,000 870,000
260,000 260,000
1,400,000 1,400,000
110,000 110,000
1,400,000 1,400,000
240,000 240,000
2,202,000 2,202,000 2,202,000
644,000 644,000 644,000
127,000 127,000 127,000
215,000 215,000 215,000
40,000 40,000 40,000
102,000 102,000 102,000
46,000 46,000 46,000

72,000 72,000 72,000

353,000 353,000 353,000
78,000 78,000 78,000
25,000 25,000
252,000 252,000 252,000
252,000 252,000
6,092,000 6092000 1929000 2,202,000 4,163,000 3890000
273,000 273,000 273,000
2202000 2,202,000 4,163,000 4163000 2,202,000 2202000 3,923,000
POST CLOSING TB

443,000

260,000
1,400,000
110,000
1,433,000

25,000

252,000

3923000