Trans # Type Date Num Adj Name Memo Account Debit Credit
89 General Journal 01/31/2018 *
A
djusting Entry, Depreciation 1512 ꞏ Depreciation 66.67
*
A
djusting Entry, Depreciation 1522 ꞏ Depreciation 79.17
*
A
djusting Entry, Depreciation 6150 ꞏ Depreciation Expense 145.84
93 Check 01/31/2018 Transf… Central Coast Bank Office Equipment Loan, Pmt. 1100 ꞏ Checking 53.12
Central Coast Bank Office Equipment Loan, Interest 6212 ꞏ Loan Interest 44.51
96 Deposit 01/31/2018 Interest 1100 ꞏ Checking 73.30
Interest 7010 ꞏ Interest Income 73.30
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
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A
A
Trans # Type Date Num Adj Name Memo Account Debit Credit
101 General Journal 01/31/2018 Close Drawing 3110 ꞏ First and Last Name, Capital 500.00
Close Drawing 3112 ꞏ First and Last Name, Drawing 500.00
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
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Jan 31, 18
Debit Credit
1100 ꞏ Checking 34,245.43
1200 ꞏ Accounts Receivable 7,243.89
2100 ꞏ VISA 0.00
2200 ꞏ Sales Tax Payable 0.00
4011 ꞏ Women’s Clothing Sales 784.64
4012 ꞏ Men’s Clothing Sales 999.26
4013 ꞏ Accessories Sales 599.77
our Name’s California Casual
Trial Balance
As of January 31, 2018
Chapter 7, Document 9
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Jan 18
Ordinary Income/Expense
Income
4010 ꞏ Sales
4011 ꞏ Women’s Clothing Sales 784.64
Cost of Goods Sold
5000 ꞏ Cost of Goods Sold
5200 ꞏ Merchandise Discounts -14.20
5000 ꞏ Cost of Goods Sold – Othe
r
751.23
6180 ꞏ Insurance
6181 ꞏ Liability Insurance 20.83
Total 6180 ꞏ Insurance 20.83
6190 ꞏ Merchandise Adjustments 12.00
6200 ꞏ Interest Expense
6212 ꞏ Loan Interest 97.93
Total 6200 ꞏ Interest Expense 97.93
6280 ꞏ Rent 1,150.00
6340 ꞏ Telephone 79.85
6420 ꞏ Supplies Expense
our Name’s California Casual
Profit & Loss
January 2018
Chapter 7, Document 10
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Jan 31, 18
ASSETS
Current Assets
Checking/Savings
Fixed Assets
1510 ꞏ Office Equipment
1511 ꞏ Original Cost 8,000.00
1512 ꞏ Depreciation -66.67
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 ꞏ Accounts Payable 6,601.00
Total Accounts Payable 6,601.00
our Name’s California Casual
Balance Sheet
As of January 31, 2018
Chapter 7, Document 11
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Jan 31, 18
3120 ꞏ Elizabeth Jones, Capital
our Name’s California Casual
Balance Sheet
As of January 31, 2018
Chapter 7, Document 11
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Practice Set 2:
Merchandising Business
Your Name’s Desert Golf
Account Type Balance Total
1100 ꞏ Checking Bank 35,275.14
1200 ꞏ Accounts Receivable
A
ccounts Receivable 12,875.00
1120 ꞏ Inventory Asset Other Current Asset 48,815.00
1300 ꞏ Supplies Other Current Asset 1,200.00
1310 ꞏ Office Supplies Other Current Asset 450.00
2200 ꞏ Sales Tax Payable Other Current Liability 0.00
2500 ꞏ Loans Payable Long Term Liability 8,000.00
2510 ꞏ Office Equipment Loan Long Term Liability 3,000.00
2520 ꞏ Store Fixtures Loan Long Term Liability 5,000.00
3000 ꞏ Owners’ Equity Equity
3100 ꞏ Your Last Name & Wells, Capital Equity 81,365.14
3110 ꞏ First and Last Name, Capital Equity 30,000.00
3111 ꞏ First and Last Name, Investment Equity 30,000.00
3112 ꞏ First and Last Name, Drawing Equity 0.00
3120 ꞏ Anne Wells, Capital Equity 30,000.00
3121 ꞏ Anne Wells, Investment Equity 30,000.00
6150 ꞏ Depreciation Expense Expense
6160 ꞏ Dues and Subscriptions Expense
6170 ꞏ Equipment Rental Expense
6180 ꞏ Insurance Expense
6181 ꞏ Liability Insurance Expense
6210 ꞏ Interest Expense Expense
6211 ꞏ Finance Charge Expense
6212 ꞏ Loan Interest Expense
6230 ꞏ Licenses and Permits Expense
6240 ꞏ Miscellaneous Expense
6250 ꞏ Postage and Delivery Expense
6260 ꞏ Printing and Reproduction Expense
6270 ꞏ Professional Fees Expense
6271 ꞏ Legal Fees Expense
6272 ꞏ Accounting Expense
6280 ꞏ Rent Expense
6310 ꞏ Repairs Expense
6312 ꞏ Computer Repairs Expense
Practice Set 2, Document 1
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Y
our Name’s Desert Gol
f
Account Listing
January 2, 2018
Page 423 of 690
A
Account Type Balance Total
6410 ꞏ Taxes Expense
6411 ꞏ Federal Expense
Y
our Name’s Desert Gol
f
Account Listing
January 2, 2018
Practice Set 2, Document 1
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Item FAM Numbe
r
Purchase Date Purchase Description Account Cost
Y
our Name’s Desert Gol
f
Fixed Asset Listing
January 2, 2018
Practice Set 2, Document 2
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INVOICE
Date
1/2/2018
Invoice #
1
Bill To
Anastasia Popov
65-5789 Calle Yucatan
La Quinta, CA 92253
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
1% 10 Net 30
Rep Ship
1/2/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
Page 426 of 690
Practice Set 2, Document 3
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INVOICE
Date
1/2/2018
Invoice #
2
Bill To
Claudia Campbell
47-2196 Catalina Avenue
Palm Desert, CA 92240
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
Net 30
Rep Ship
1/2/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
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Practice Set 2, Document 4
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INVOICE
Date
1/2/2018
Invoice #
3
Bill To
Azar Hassan
90-425 Championship Circle
Cathedral City, CA 92234
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
1% 10 Net 30
Rep Ship
1/2/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
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Practice Set 2, Document 5
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INVOICE
Date
1/2/2018
Invoice #
4
Bill To
Palm Springs Schools
99-4058 South Palm Canyon Drive
Palm Springs, CA 92262
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
Net 30
Rep Ship
1/2/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
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Practice Set 2, Document 6
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SALES ORDER
Date
1/2/2018
S.O. No.
1
Name / Address
Dennis Meyer
65-7589 Dunton Way
Cathedral City, CA 92234
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. No. Project
Item Description Ordered Rate Amount
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Practice Set 2, Document 7
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INVOICE
Date
1/2/2018
Invoice #
2
Bill To
Claudia Campbell
47-2196 Catalina Avenue
Palm Desert, CA 92240
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
Net 30
Rep Ship
1/2/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
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Your Name’s Desert Golf
55-100 PGA Boulevard La
Quinta, CA 92253
Received From:
Tokumoto, Greg
Greg Tokumoto
50-0975 Clubhouse Boulevard
Desert Hot Springs, CA 92240
Payment Receipt
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INVOICE
Date
1/3/2018
Invoice #
5
Bill To
Dr. Lori Salazar
12-22356 Frank Sinatra Drive
Rancho Mirage, CA 92270
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
P.O. Number Terms
Net 30
Rep Ship
1/3/2018
Via F.O.B. Project
Item Code DescriptionQuantity Price Each Amount
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INVOICE
Date
1/3/2018
Invoice #
6
Bill To
Dennis Meyer
65-7589 Dunton Way
Cathedral City, CA 92234
Ship To
Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
S.O. No.
1
P.O. No. Terms
Net 30
Project
Item Description Invoiced Rate AmountBackor…Ordered Prev. Inv…
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Your Name’s Desert Golf
55-100 PGA Boulevard
La Quinta, CA 92253
Received From:
Parker, Matt
Matt Parker
12-4578 Club Circle Drive
Desert Hot Springs, CA 92240
Invoices Paid
Payment Receipt
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