Filter Criteria includes: Report order is by ID. Report is printed with Accounts having Zero Amounts and in Detail Format.
Account ID Account Description Active? Account Type
1010 Home State Bank Yes Cash
1020 Accounts Receivable Yes Accounts Receivable
1030 Inventory-Shovels Yes Inventory
1032 Inventory-Wheel barrows Yes Inventory
1034 Inventory-Wagons Yes Inventory
1040 Prepaid Insurance Yes Other Current Assets
1050 Furniture and Equipment Yes Fixed Assets
1055 Accumuated Depreciation Yes Accumulated Depreciation
2010 Accounts Payable Yes Accounts Payable
2020 Sales Tax Payable Yes Other Current Liabilities
2050 Your Name Notes Payable Yes Long Term Liabilities
3010 Common Stock Yes Equity-doesn’t close
3020 Dividends Yes Equity-gets closed
3050 Retained Earnings Yes Equity-Retained Earnings
4010 Merchandise Sales-Shovels Yes Income
4012 Merchandise Sales-Wheel barrow Yes Income
4014 Merchandise Sales-Wagons Yes Income
5010 Cost of Goods Sold-Shovels Yes Cost of Sales
5012 Cost of Goods Sold-Wheel barro Yes Cost of Sales
5014 Cost of Goods Sold-Wagons Yes Cost of Sales
6010 Advertising and Promotion Yes Expenses
6012 Automobile Expense Yes Expenses
6014 Bank Service Charges Yes Expenses
6016 Computer and Internet Expenses Yes Expenses
6018 Depreciation Expense Yes Expenses
6020 Insurance Expense Yes Expenses
6022 Interest Expense Yes Expenses
6024 Janitorial Expense Yes Expenses
6026 Meals and Entertainment Yes Expenses
6028 Office Supplies Yes Expenses
Hardware Store Inc.
Chart of Accounts
As of Jan 31, 2019
Filter Criteria includes: 1) All Transaction Types. Report order is by Date. Report is printed in Summary Format.
Date Transaction Type Reference ID Name Amount
1/6/19 Purchase 74A aa11 AAA Shovels 375.00
1/6/19 Purchase 801 cc55 CCC Wagons 600.00
1/6/19 Purchase ER555 bb33 BBB Wheel Barrows 2,400.00
1/10/19 Sale/Invoice SN1 CC006 Credit Card Sales 1,020.00
1/12/19 Sale/Invoice IN1 DB002 Dawn Bright 30.00
1/12/19 Sale/Invoice SN2 CC006 Credit Card Sales 740.00
1/17/19 Sale/Invoice SN3 CC006 Credit Card Sales 910.00
1/20/19 Payment cc55 CCC Wagons 600.00
1/20/19 Payment bb33 BBB Wheel Barrows 2,400.00
1/20/19 Payment aa11 AAA Shovels 375.00
1/21/19 Payment 1,350.00
1/21/19 Sale/Invoice SN4 CC006 Credit Card Sales 1,430.00
1/22/19 Sale/Invoice IN2 SW004 Shar Watsonville 50.00
1/24/19 Purchase 88A aa11 AAA Shovels 225.00
1/24/19 Purchase 962 cc55 CCC Wagons 360.00
1/24/19 Purchase ER702 bb33 BBB Wheel Barrows 1,500.00
1/26/19 Sale/Invoice SN5 CC006 Credit Card Sales 1,080.00
1/27/19 Payment 225.65
1/27/19 Payment 420.80
1/29/19 Sale/Invoice SN6 CC006 Credit Card Sales 1,020.00
1/30/19 Receipt 1/30 CC006 Credit Card Sales 6,200.00
1/30/19 Receipt 1/30 SW004 Shar Watsonville 50.00
1/30/19 Receipt 1/30 DB002 Dawn Bright 30.00
Hardware Store Inc.
Transaction Detail Report
For the Period From Jan 1, 2019 to Dec 31, 2020
5/14/2020 at 10:56 PM Page: 2
Filter Criteria includes: Report order is by ID. Report is printed in Detail Format.
Account ID Account Description Debit Amt Credit Amt
1010 Home State Bank 83,883.55
1030 Inventory-Shovels 210.00
1032 Inventory-Wheel barrows 1,275.00
1034 Inventory-Wagons 160.00
1040 Prepaid Insurance 2,900.00
1050 Furniture and Equipment 6,000.00
2010 Accounts Payable 2,085.00
2050 Your Name Notes Payable 9,160.00
3010 Common Stock 82,400.00
4010 Merchandise Sales-Shovels 780.00
4012 Merchandise Sales-Wheel barrow 3,500.00
4014 Merchandise Sales-Wagons 2,000.00
5010 Cost of Goods Sold-Shovels 390.00
5012
2,625.00
5014 Cost of Goods Sold-Wagons 800.00
6014 Bank Service Charges 25.00
6022 Interest Expense 80.80
6032 Rent Expense 1,350.00
6040 Utilities Expense 225.65
Total: 99,925.00 99,925.00
Hardware Store Inc.
General Ledger Trial Balance
As of Jan 31, 2019
5/14/2020 at 10:56 PM Page: 3
Current Month Year to Date
Revenues
Merchandise Sales-Shovels 780.00$ 12.42 780.00$ 12.42
Merchandise Sales-Wheel barrow 3,500.00 55.73 3,500.00 55.73
Merchandise Sales-Wagons 2,000.00 31.85 2,000.00 31.85
Total Revenues 6,280.00 100.00 6,280.00 100.00
Cost of Sales
Cost of Goods Sold-Shovels 390.00 6.21 390.00 6.21
Cost of Goods Sold-Wheel barro 2,625.00 41.80 2,625.00 41.80
Cost of Goods Sold-Wagons 800.00 12.74 800.00 12.74
Total Cost of Sales 3,815.00 60.75 3,815.00 60.75
Gross Profit 2,465.00 39.25 2,465.00 39.25
Expenses
Hardware Store Inc.
Income Statement
For the One Month Ending January 31, 2019
5/14/2020 at 10:56 PM For Management Purposes Only
ASSETS
Current Assets
Home State Bank 83,883.55$
Inventory-Shovels 210.00
Inventory-Wheel barrows 1,275.00
Total Current Liabilities 2,085.00
Long-Term Liabilities
Hardware Store Inc.
Balance Sheet
January 31, 2019
5/14/2020 at 10:56 PM Unaudited – For Management Purposes Only
Your Name Notes Payable 9,160.00
Total Long-Term Liabilities 9,160.00
Total Liabilities 11,245.00
Capital
Common Stock 82,400.00
Net Income 783.55
Total Capital 83,183.55
Total Liabilities & Capital 94,428.55$
Beginning Retained Earnings 0.00$
Adjustments To Date 0.00
Net Income 783.55
Subtotal 783.55
Ending Retained Earnings 783.55$
Hardware Store Inc.
Statement of Retained Earnings
For the One Month Ending January 31, 2019
5/14/2020 at 10:56 PM For Management Purposes Only
Current Month Year to Date
Cash Flows from operating activities
Net Income 783.55$ 783.55$
Adjustments to reconcile net
income to net cash provided
by operating activities
Inventory-Shovels (210.00) (210.00)
Inventory-Wheel barrows (1,275.00) (1,275.00)
Inventory-Wagons (160.00) (160.00)
Accounts Payable 2,085.00 2,085.00
Total Adjustments 440.00 440.00
Net Cash provided by Operations 1,223.55 1,223.55
Cash Flows from investing activities
Used For
Net cash used in investing 0.00 0.00
Hardware Store Inc.
Statement of Cash Flow
For the one Month Ended January 31, 2019
5/14/2020 at 10:56 PM Unaudited – For Internal Use Only.
Current Month Year to Date
Summary
Cash Balance at End of Period 83,883.55$ 83,883.55$
Cash Balance at Beg of Period (83,000.00) (83,000.00)
Net Increase <Decrease> in Cash 883.55$ 883.55$