Trans # Type Date Num Adj Name Memo Account Debit Credit
116 Deposit 01/31/2018 Interest 1100 ꞏ Checking 54.05
Interest 7010 ꞏ Interest Income 54.05
54.05 54.05
Your Name’s Sierra Sports
Journal
January 2018
Chapter 7, Document 7
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Jan 31, 18
Debit Credit
1100 ꞏ Checking 29,292.63
1200 ꞏ Accounts Receivable 6,571.50
1120 ꞏ Inventory Asset 35,535.54
1521 ꞏ Original Cost 4,500.00
1522 ꞏ Depreciation 75.00
2000 ꞏ Accounts Payable 9,395.40
2100 ꞏ Visa 0.00
2200 ꞏ Sales Tax Payable 0.00
3122 ꞏ Larry Muir, Drawing 0.00
4011 ꞏ Clothing & Accessory Sales 1,759.51
4012 ꞏ Equipment Sales 7,436.44
4050 ꞏ Sales Discounts 494.36
Y
our Name’s Sierra Sports
Trial Balance
As of January 31, 2018
Chapter 7, Document 8
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Jan 18
Ordinary Income/Expense
Income
4010 ꞏ Sales
4011 ꞏ Clothing & Accessory Sales 1,759.51
4012 ꞏ Equipment Sales 7,436.44
Total Income 8,726.59
Cost of Goods Sold
5000 ꞏ Cost of Goods Sold
5200 ꞏ Merchandise Discounts -49.90
5000 ꞏ Cost of Goods Sold – Othe
r
3,492.46
Total 5000 ꞏ Cost of Goods Sold 3,442.56
Total 6390 ꞏ Utilities 444.00
6470 ꞏ Supplies Expense
6471 ꞏ Sales 175.00
Y
our Name’s Sierra Sports
Profit & Loss
January 2018
Chapter 7, Document 9
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Jan 31, 18
ASSETS
Current Assets
Total 1310 ꞏ Supplies 921.98
1520 ꞏ Store Fixtures
1521 ꞏ Original Cost 4,500.00
1522 ꞏ Depreciation -75.00
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 ꞏ Accounts Payable 9,395.40
Equity
3000 ꞏ Owners’ Equity -2,750.75
3100 ꞏ Your Last Name & Muir, Capital
3110 ꞏ First and Last Name, Capital
Chapter 7, Document 10
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Y
our Name’s Sierra Sports
Balance Sheet
As of January 31, 2018
Page 399 of 690
Jan 31, 18
3120 ꞏ Larry Muir, Capital
Y
our Name’s Sierra Sports
Balance Sheet
As of January 31, 2018
Chapter 7, Document 10
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 400 of 690
Your Name’s
California Casual
7
Account Type Balance Total
1100 ꞏ Checking Bank 35,745.00
1200 ꞏ Accounts Receivable
A
ccounts Receivable 7,243.89
1499 ꞏ Undeposited Funds Other Current Asset 0.00
1510 ꞏ Office Equipment Fixed Asset 8,000.00
1511 ꞏ Original Cost Fixed Asset 8,000.00
1512 ꞏ Depreciation Fixed Asset 0.00
A
3900 ꞏ Owners’ Equity Equity
4010 ꞏ Sales Income
4011 ꞏ Women’s Clothing Sales Income
4012 ꞏ Men’s Clothing Sales Income
4013 ꞏ Accessories Sales Income
4030 ꞏ Purchases Discounts Income
4050 ꞏ Sales Discounts Income
4090 ꞏ Returned Check Charges Income
4999 ꞏ Uncategorized Income Income
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 Duplication Expense
6270 ꞏ Professional Fees Expense
6271 ꞏ Legal Fees Expense
6272 ꞏ Accounting Expense
Chapter 7, Document 1
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Y
our Name’s California Casual
Account Listing
January 31, 2018
Page 402 of 690
Account Type Balance Total
6560 ꞏ Payroll Expenses Expense
6820 ꞏ Taxes Expense
6821 ꞏ Federal Expense
Y
our Name’s California Casual
Account Listing
January 31, 2018
Chapter 7, Document 1
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Item FAM Numbe
r
Purchase Date Purchase Description Account Cost
Y
our Name’s California Casual
Fixed Asset Listing
January 31, 2018
Chapter 7, Document 2
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Page 404 of 690
1/31/2018
Your First and Last Name
January Withdrawal
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
1/31/2018
Elizabeth Jones
January Withdrawal
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Chapter 7, Document 3
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Page 405 of 690
Type Date Num Name Cl
r
Amount Balance
Beginning Balance 32,589.00
Cleared Transactions
Checks and Payments – 10 items
General Journal 01/15/2018 Douglas, Megan X -325.00 -325.00
Check 01/15/2018 1 Mills, Calvin X -59.39 -384.39
Deposits and Credits – 3 items
Deposit 01/05/2018 X 3,023.30 3,023.30
Deposit 01/15/2018 X 2,450.05 5,473.35
Uncleared Transactions
Checks and Payments – 3 items
Sales Tax Payment 01/30/2018 6 State Board of Equalization -188.31 –188.31
Y
our Name’s California Casual
Reconciliation Detail
1100 ꞏ Checking, Period Ending 01/31/2018
Chapter 7, Document 4
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Page 406 of 690
Type Date Num Name Cl
r
Amount Balance
Beginning Balance 0.00
Cleared Transactions
Charges and Cash Advances – 2 items
Bill Pmt -CCard 01/12/2018 Contempo Clothing X -196.00 -196.00
Y
our Name’s California Casual
Reconciliation Detail
2100 ꞏ VISA, Period Ending 01/31/2018
Chapter 7, Document 5
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Page 407 of 690
1/31/2018
Central Coast Bank
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Chapter 7, Document 6
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Page 408 of 690
Unadjusted Balance Adjustments Adjusted Balance
Debit Credit Debit Credit Debit Credit
1100 ꞏ Checking 34,245.43 34,245.43
1200 ꞏ Accounts Receivable 7,243.89 7,243.89
1512 ꞏ Depreciation 66.67 66.67
1521 ꞏ Original Cost 9,500.00 9,500.00
1522 ꞏ Depreciation 79.17 79.17
4050 ꞏ Sales Discounts 35.13 35.13
4090 ꞏ Returned Check Charges 30.00 30.00
5000 ꞏ Cost of Goods Sold 751.23 751.23
5200 ꞏ Merchandise Discounts 14.20 14.20
Y
our Name’s California Casual
Adjusted Trial Balance
January 2018
Chapter 7, Document 7
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Page 409 of 690
Trans # Type Date Num Adj Name Memo Account Debit Credit
39 Invoice 01/01/2018 15 Lee, Kwan 1200 ꞏ Accounts Receivable 118.64
Lee, Kwan Belts 4013 ꞏ Accessories Sales 29.95
40 Payment 01/01/2018 3305 Douglas, Megan 1499 ꞏ Undeposited Funds 325.00
Douglas, Megan 1200 ꞏ Accounts Receivable 325.00
44 Invoice 01/03/2018 17 San Luis Obispo Rec Center 1200 ꞏ Accounts Receivable 291.11
San Luis Obispo Rec Center Men’s Shirts 4012 ꞏ Men’s Clothing Sales 149.75
San Luis Obispo Rec Center Men’s Shirts 1120 ꞏ Inventory Asset 75.00
San Luis Obispo Rec Center Men’s Shirts 5000 ꞏ Cost of Goods Sold 75.00
San Luis Obispo Rec Center Men’s Pants and Shorts 4012 ꞏ Men’s Clothing Sales 149.75
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 410 of 690
Trans # Type Date Num Adj Name Memo Account Debit Credit
46 Credit Memo 01/03/2018 18 Marquez, Luis 1200 ꞏ Accounts Receivable 53.95
Marquez, Luis Belts 4013 ꞏ Accessories Sales 49.95
48 Sales Receipt 01/03/2018 27 Cash Custome
r
1499 ꞏ Undeposited Funds 21.55
Cash Custome
r
Ties and Scarves 4013 ꞏ Accessories Sales 19.95
Cash Custome
r
Ties and Scarves 1120 ꞏ Inventory Asset 12.00
Cash Custome
r
Ties and Scarves 5000 ꞏ Cost of Goods Sold 12.00
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 1.60
51 Payment 01/03/2018 81502 Mills, Calvin 1499 ꞏ Undeposited Funds 750.00
Mills, Calvin 1200 ꞏ Accounts Receivable 750.00
750.00 750.00
Ross, Evan Belts 1120 ꞏ Inventory Asset 18.75
Ross, Evan Belts 5000 ꞏ Cost of Goods Sold 18.75
Ross, Evan Ties and Scarves 4013 ꞏ Accessories Sales 39.95
Ross, Evan Ties and Scarves 1120 ꞏ Inventory Asset 12.00
Chapter 7, Document 8
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Your Name’s California Casual
Journal
January 2018
Page 411 of 690
r
r
r
r
Trans # Type Date Num Adj Name Memo Account Debit Credit
54 Deposit 01/05/2018 Deposit 1100 ꞏ Checking 3,023.30
Cash Custome
r
Deposit 1499 ꞏ Undeposited Funds 21.55
Douglas, Megan Deposit 1499 ꞏ Undeposited Funds 325.00
Cash Custome
r
Deposit 1499 ꞏ Undeposited Funds 64.75
55 Credit Memo 01/07/2018 20 Ross, Evan 1200 ꞏ Accounts Receivable 43.15
Ross, Evan Ties and Scarves 4013 ꞏ Accessories Sales 39.95
Ross, Evan Ties and Scarves 1120 ꞏ Inventory Asset 12.00
Ross, Evan Ties and Scarves 5000 ꞏ Cost of Goods Sold 12.00
59 Credit Memo 01/15/2018 22 Mills, Calvin 1200 ꞏ Accounts Receivable 59.39
Mills, Calvin Men’s Shirts 4012 ꞏ Men’s Clothing Sales 54.99
Mills, Calvin Men’s Shirts 1120 ꞏ Inventory Asset 15.00
Mills, Calvin Men’s Shirts 5000 ꞏ Cost of Goods Sold 15.00
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 4.40
r
r
r
r
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 412 of 690
r
Trans # Type Date Num Adj Name Memo Account Debit Credit
62 Invoice 01/15/2018 23 Boyd, Sara 1200 ꞏ Accounts Receivable 237.48
Boyd, Sara Women’s Dresses 4011 ꞏ Women’s Clothing Sales 99.99
Boyd, Sara Women’s Dresses 1120 ꞏ Inventory Asset 30.24
Boyd, Sara Women’s Dresses 5000 ꞏ Cost of Goods Sold 30.24
63 Sales Receipt 01/15/2018 29 Cash Custome
r
1499 ꞏ Undeposited Funds 37.75
Cash Custome
r
Women’s Pants and Shorts 4011 ꞏ Women’s Clothing Sales 34.95
Cash Custome
r
Women’s Pants and Shorts 1120 ꞏ Inventory Asset 16.25
Cash Custome
r
Women’s Pants and Shorts 5000 ꞏ Cost of Goods Sold 16.25
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 2.80
54.00 54.00
Day, Allison 4050 ꞏ Sales Discounts 1.73
1,340.35 1,340.35
67 Payment 01/15/2018 2805 Ross, Evan 1499 ꞏ Undeposited Funds 619.24
Ross, Evan 1200 ꞏ Accounts Receivable 619.24
Ross, Evan 1200 ꞏ Accounts Receivable 3.45
Ross, Evan 4050 ꞏ Sales Discounts 3.45
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
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Page 413 of 690
Trans # Type Date Num Adj Name Memo Account Debit Credit
Guerra, Camila Ties and Scarves 4013 ꞏ Accessories Sales 110.00
Guerra, Camila Ties and Scarves 1120 ꞏ Inventory Asset 24.00
69 Invoice 01/15/2018 25 Petersen, Ambe
r
1200 ꞏ Accounts Receivable 458.89
Petersen, Ambe
r
Sunglasses 4013 ꞏ Accessories Sales 95.00
Petersen, Ambe
r
Sunglasses 1120 ꞏ Inventory Asset 26.00
Petersen, Ambe
r
Sunglasses 5000 ꞏ Cost of Goods Sold 26.00
Petersen, Ambe
r
Women’s Dresses 4011 ꞏ Women’s Clothing Sales 199.90
Petersen, Ambe
r
Women’s Dresses 1120 ꞏ Inventory Asset 60.49
r
r
r
r
74 Bill 01/08/2018 Trendy Clothing, Inc. 2000 ꞏ Accounts Payable 200.00
Trendy Clothing, Inc. Women’s Pants and Shorts 1120 ꞏ Inventory Asset 200.00
200.00 200.00
Your Name’s California Casual
Journal
January 2018
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 414 of 690
Trans # Type Date Num Adj Name Memo Account Debit Credit
78 Bill Pmt -CCard 01/12/2018 Contempo Clothing 2100 ꞏ VISA 196.00
Contempo Clothing 2000 ꞏ Accounts Payable 196.00
Contempo Clothing 2000 ꞏ Accounts Payable 4.00
Contempo Clothing 5200 ꞏ Merchandise Discounts 4.00
81 Bill Pmt -Check 01/18/2018 2 Off-the-Cuf
f
1100 ꞏ Checking 343.00
Off-the-Cuf
f
2000 ꞏ Accounts Payable 343.00
Off-the-Cuf
f
2000 ꞏ Accounts Payable 7.00
Off-the-Cuf
f
5200 ꞏ Merchandise Discounts 7.00
84 Bill Pmt -Check 01/25/2018 4 SLO Rental Co. 1100 ꞏ Checking 1,150.00
SLO Rental Co. 2000 ꞏ Accounts Payable 1,150.00
188.31 188.31
87 General Journal 01/31/2018 *
A
djusting Entry, Office Supplies 6422 ꞏ Office Supplies 35.00
*
A
djusting Entry, Office Supplies 1311 ꞏ Office Supplies 35.00
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s California Casual
Journal
January 2018
Page 415 of 690