make a set of financial statements M. SANTOSAdjunted Trial BatanceDecember 11, 2011Unadjusted Trial BalanceDebitAdjustmentsAECreditAdjusted Trial BalanceAccount TitleCreditAJE DebitDebitCreditCash189.00015,000212.000 R12.00050,00060.000Accounts recoivablePrepaid rentPrepaid imuranceComputer suppliesComputer equipmentAccumulated depreciationAccrued expense60.00015.00015,00011.0004111.00045.00047000100 0002,000100.0001,6674,0001,66714.0445,0008445.000Accounts payableIncome tax payate1075Loans payateM. Santos, CapitalM. Santos, Drawinginternet service incomePrinting service incomeSalaries and wageslinternot and communicationWater and poweYRuntalComputer suphs eapemeDepreciation expenseInsurance expenseInterest expenseTaxes and licensesIncome tax expaseTotal100,000300,000100.000300,00025.00025.0005,00060,00065.0004.00050.00054.00020.00020.000214.0004.0005,0005.0005.0005.00010002.0005,00016671,6671.0001.00084484425,00075155 586 P 535.586 P 535,58620.0005,0007510409.000409,000155.586

The financial statements include the income statement and balance sheet of the firm.

Account Tit Debit Credit AN Debit AR Credit Debit Credit 189.000 15,000 212.000 12.000 50.000 60.000 Acenunts recab Prepaid rent Prepaid iurance Computer supples Computer equipment Aecumulated depreciation ccrued expense 60.000 15.000 11.000 45.000 100 000 15.000 11.000 47000 2,000 100 000 1,467 14.44 4.000 5,000 844 5.000 Accounts payable come tas payat Loans payab M Santon, Capital M Santos, Drawing internet service income Printing service income Salaries and wage internot and communication Water and power kuntal Domputer sgples epeme Depreciation expeme urance espense nterest expense Taxes and icenses com ta eapm 10 100.000 300,000 100,000 300.000 25000 5.000 4.000 65.000 60.000 50.000 54.000 20.000 20.000 4.000 5.000 5.000 5.000 1.667 1.000 4000 5.000 21 5.000 1000 2.000 1.667 1.000 844 5.000 75 44 25.000 25 20.000 10

Account Tit Debit Credit AN Debit AR Credit Debit Credit 189.000 15,000 212.000 12.000 50.000 60.000 Acenunts recab Prepaid rent Prepaid iurance Computer supples Computer equipment Aecumulated depreciation ccrued expense 60.000 15.000 11.000 45.000 100 000 15.000 11.000 47000 2,000 100 000 1,467 14.44 4.000 5,000 844 5.000 Accounts payable come tas payat Loans payab M Santon, Capital M Santos, Drawing internet service income Printing service income Salaries and wage internot and communication Water and power kuntal Domputer sgples epeme Depreciation expeme urance espense nterest expense Taxes and icenses com ta eapm 10 100.000 300,000 100,000 300.000 25000 5.000 4.000 65.000 60.000 50.000 54.000 20.000 20.000 4.000 5.000 5.000 5.000 1.667 1.000 4000 5.000 21 5.000 1000 2.000 1.667 1.000 844 5.000 75 44 25.000 25 20.000 10

Accounting Information Systems

11th Edition

ISBN:9781337552127

Author:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Publisher:Ulric J. Gelinas, Richard B. Dull, Patrick Wheeler, Mary Callahan Hill

Chapter16: The General Ledger And Business Reporting (gl/br) Process

Section: Chapter Questions

Problem 4DQ

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