V.

LITTON, CPA
WORKSHEET
FOR THE MONTH ENDED DECEMBER 31, 2015
1 2 3 4 5 6 7 8 9 10

  PRELIMINARY   ADJUSTED INCOME BALANCE

  TRIAL BALANCE ADJUSTMENTS TRIAL BALANCE STATEMENT SHEET
ACCOUNTS DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
CASH 102250     102250       102250  

ACCOUNTS RECEIVABLE 25200       25200       25200  

NOTES RECEIVABLE 12000       12000       12000  

FURNITURE & FIXTURES 27500       27500       27500  

OFFICE EQUIPMENT 112000       112000       112000  

ACCOUNTS PAYABLE   51000    2500   53500       53500

NOTES PAYABLE   32000       32000       32000

LOAN PAYABLE   20000       20000       20000

V. LITTON CAPITAL   200000       200000       200000

V. LITTON DRAWING 10000       10000       10000  

PROFESSIONAL FEES   55600       55600   55600    

RENT EXPENSE 16400       16400   16400      

OFFICE SUPPLIES EXPENSE 15500      6000 9500   9500      

LIGHT AND WATER EXPENSE 4000    2500   6500   6500      

SALARIES EXPENSE 30750       30750   30750      

TAXES AND LICENSES EXPENSE 3000       3000   3000      

   TOTAL 358600 358600        

 UNUSED OFFICE SUPPLIES      6000    6000   6000
 INTEREST EXPENSE      500    500   500
 INTEREST PAYABLE        500   500  500
TOTALS 9000 9000 361600 361600 66650 55600 294950 306000
NET LOSS 11050 11050
TOTALS 66650 66650 306000 306000