Jantz Plumbing Service UNADJUSTED TRIAL BALANCE August 31, 20-- ACCOUNT TITLE DEBIT CREDIT 1 Cash 20,200.00 2 Accounts Receivable 2,700.00 3 Office Supplies 300.00 4 Prepaid Insurance 800.00 5 Plumbing Equipment 6,000.00 6 Van 8,000.00 7 Accounts Payable 4,500.00 8 Sue Jantz, Capital 30,000.00 9 Sue Jantz, Drawing 3,000.00 10 Service Fees 9,800.00 11 Rent Expense 700.00 12 Wages Expense 500.00 13 Phone Expense 100.00 14 Advertising Expense 2,000.00 15 Totals 44,300.00 44,300.00 Sue Jantz invested $30,000 of cash in the business and withdrew $3,000 of cash during the month. Labels August 31, 20-- Expenses For Month Ended August 31, 20-- Revenue Amount Descriptions Decrease in Capital Increase in Capital Investments During August Net Income Net Loss Sue Jantz, Capital, August 1, 20-- Sue Jantz, Capital, August 31, 20-- Total Assets Total Expenses Total Investment Total Liabilities and Owner’s Equity Withdrawals for August
Jantz Plumbing Service UNADJUSTED TRIAL BALANCE August 31, 20-- ACCOUNT TITLE DEBIT CREDIT 1 Cash 20,200.00 2 Accounts Receivable 2,700.00 3 Office Supplies 300.00 4 Prepaid Insurance 800.00 5 Plumbing Equipment 6,000.00 6 Van 8,000.00 7 Accounts Payable 4,500.00 8 Sue Jantz, Capital 30,000.00 9 Sue Jantz, Drawing 3,000.00 10 Service Fees 9,800.00 11 Rent Expense 700.00 12 Wages Expense 500.00 13 Phone Expense 100.00 14 Advertising Expense 2,000.00 15 Totals 44,300.00 44,300.00 Sue Jantz invested $30,000 of cash in the business and withdrew $3,000 of cash during the month. Labels August 31, 20-- Expenses For Month Ended August 31, 20-- Revenue Amount Descriptions Decrease in Capital Increase in Capital Investments During August Net Income Net Loss Sue Jantz, Capital, August 1, 20-- Sue Jantz, Capital, August 31, 20-- Total Assets Total Expenses Total Investment Total Liabilities and Owner’s Equity Withdrawals for August
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 4.13C
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Question
Jantz Plumbing Service
UNADJUSTED TRIAL BALANCE
August 31, 20--
| ACCOUNT TITLE | DEBIT | CREDIT | |
|---|---|---|---|
|
1
|
Cash
|
20,200.00
|
|
|
2
|
|
2,700.00
|
|
|
3
|
Office Supplies
|
300.00
|
|
|
4
|
Prepaid Insurance
|
800.00
|
|
|
5
|
Plumbing Equipment
|
6,000.00
|
|
|
6
|
Van
|
8,000.00
|
|
|
7
|
Accounts Payable
|
|
4,500.00
|
|
8
|
Sue Jantz, Capital
|
|
30,000.00
|
|
9
|
Sue Jantz, Drawing
|
3,000.00
|
|
|
10
|
Service Fees
|
|
9,800.00
|
|
11
|
Rent Expense
|
700.00
|
|
|
12
|
Wages Expense
|
500.00
|
|
|
13
|
Phone Expense
|
100.00
|
|
|
14
|
Advertising Expense
|
2,000.00
|
|
|
15
|
Totals
|
44,300.00
|
44,300.00
|
Sue Jantz invested $30,000 of cash in the business and withdrew $3,000 of cash during the month.
| Labels | |
| August 31, 20-- | |
| Expenses | |
| For Month Ended August 31, 20-- | |
| Revenue | |
|
Amount Descriptions |
|
| Decrease in Capital | |
| Increase in Capital | |
| Investments During August | |
| Net Income | |
| Net Loss | |
| Sue Jantz, Capital, August 1, 20-- | |
| Sue Jantz, Capital, August 31, 20-- | |
| Total Assets | |
| Total Expenses | |
| Total Investment | |
| Total Liabilities and Owner’s Equity | |
| Withdrawals for August |
Transcribed Image Text:Balance Sheet
Jantz Plumbing Service
Balance Sheet
(Label)
Assets
2
4
6
9
Liabilities
Transcribed Image Text:Balance Sheet
4
6
7
Liabilities
10
11
Owner's Equity
12
13
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