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
375.00 375.00
51 Payment 01/03/2018 81502 Mills, Calvin 1499 ꞏ Undeposited Funds 750.00
Mills, Calvin 1200 ꞏ Accounts Receivable 750.00
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January 2018
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r
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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
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
Douglas, Megan Bank service charges for bounced check# 3305 1100 ꞏ Checking 15.00
15.00 15.00
58 Invoice 01/15/2018 21 Douglas, Megan Bounced Check# 3305 1200 ꞏ Accounts Receivable 30.00
Douglas, Megan Bounced Check# 3305 4090 ꞏ Returned Check Charges 30.00
State Board of Equalization CA Sales Tax 2200 ꞏ Sales Tax Payable 0.00
30.00 30.00
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Journal
January 2018
Chapter 7, Document 8
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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
64 Payment 01/15/2018 Hunter, Steve Partial Payment 1499 ꞏ Undeposited Funds 250.00
Hunter, Steve Partial Payment 1200 ꞏ Accounts Receivable 250.00
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
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Your Name’s California Casual
Journal
January 2018
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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
Guerra, Camila Ties and Scarves 5000 ꞏ Cost of Goods Sold 24.00
Guerra, Camila Sunglasses 4013 ꞏ Accessories Sales 75.00
70 Deposit 01/15/2018 Deposit 1100 ꞏ Checking 2,450.05
Cash Custome
r
Deposit 1499 ꞏ Undeposited Funds 37.75
Day, Allison Deposit 1499 ꞏ Undeposited Funds 1,338.62
Ross, Evan Deposit 1499 ꞏ Undeposited Funds 619.24
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Chapter 7, Document 8
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Your Name’s California Casual
Journal
January 2018
Page 34 of 41
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
Off-the-Cuf
f
2000 ꞏ Accounts Payable 7.00
Off-the-Cuf
f
5200 ꞏ Merchandise Discounts 7.00
SLO Rental Co. 2000 ꞏ Accounts Payable 1,150.00
1,150.00 1,150.00
Chapter 7, Document 8
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Your Name’s California Casual
Journal
January 2018
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f
f
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
92 Check 01/31/2018 8 Elizabeth Jones January Withdrawal 1100 ꞏ Checking 500.00
Elizabeth Jones January Withdrawal 3122 ꞏ Elizabeth Jones, Drawing 500.00
500.00 500.00
95 Check 01/31/2018 Service Charge 1100 ꞏ Checking 10.00
Service Charge 6120 ꞏ Bank Service Charges 10.00
10.00 10.00
Chapter 7, Document 8
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Your Name’s California Casual
Journal
January 2018
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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
1120 ꞏ Inventory Asset 11,596.77
Y
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
Total 5000 ꞏ Cost of Goods Sold 737.03
Y
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
1100 ꞏ Checking 34,245.43
Total Checking/Savings 34,245.43
1310 ꞏ Supplies
1311 ꞏ Office Supplies 1,050.00
1312 ꞏ Sales Supplies 1,440.00
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 ꞏ Accounts Payable 6,601.00
Total Accounts Payable 6,601.00
Total Current Liabilities 6,601.00
Long Term Liabilities
Chapter 7, Document 11
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Y
our Name’s California Casual
Balance Sheet
As of January 31, 2018
Page 40 of 41
Jan 31, 18
3120 ꞏ Elizabeth Jones, Capital
Y
our Name’s California Casual
Balance Sheet
As of January 31, 2018
Chapter 7, Document 11
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Page 41 of 41