Jan 31, 18
ASSETS
Current Assets
Checking/Savings
1100 ꞏ Checking 29,292.63
Total 1310 ꞏ Supplies 921.98
Fixed Assets
1510 ꞏ Office Equipment
1511 ꞏ Original Cost 5,000.00
LIABILITIES & EQUITY
Liabilities
Current Liabilities
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 19 of 41
Jan 31, 18
3120 ꞏ Larry Muir, Capital
3121 ꞏ Larry Muir, Investment 20,000.00
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 20 of 41
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
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
1520 ꞏ Store Fixtures Fixed Asset 9,500.00
1521 ꞏ Original Cost Fixed Asset 9,500.00
1522 ꞏ Depreciation Fixed Asset 0.00
2000 ꞏ Accounts Payable
A
ccounts Payable 6,601.00
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
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
6280 ꞏ Rent Expense
6290 ꞏ Repairs Expense
6292 ꞏ Computer Repairs Expense
Chapter 7, Document 1
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Y
our Name’s California Casual
Account Listing
January 31, 2018
Page 22 of 41
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
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 23 of 41
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 24 of 41
1/31/2018
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
1/31/2018
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Chapter 7, Document 3
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 25 of 41
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
Total Checks and Payments -2,255.91 -2,255.91
Deposits and Credits – 3 items
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 26 of 41
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
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 27 of 41
1/31/2018
Your Name’s California Casual
2716 Marsh Street
San Luis Obispo, CA 93407
Chapter 7, Document 6
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Page 28 of 41
Unadjusted Balance Adjustments Adjusted Balance
Debit Credit Debit Credit Debit Credit
1100 ꞏ Checking 34,245.43 34,245.43
2100 ꞏ VISA 0.00 0.00
2200 ꞏ Sales Tax Payable 0.00 0.00
2510 ꞏ Office Equipment Loan 2,491.39 2,491.39
2520 ꞏ Store Fixtures Loan 2,989.67 2,989.67
3122 ꞏ Elizabeth Jones, Drawing 500.00 500.00
3900 ꞏ Owners’ Equity 0.00 0.00
4011 ꞏ Women’s Clothing Sales 784.64 784.64
4012 ꞏ Men’s Clothing Sales 999.26 999.26
Y
our Name’s California Casual
Adjusted Trial Balance
January 2018
Chapter 7, Document 7
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 29 of 41
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
Lee, Kwan Belts 1120 ꞏ Inventory Asset 18.75
40 Payment 01/01/2018 3305 Douglas, Megan 1499 ꞏ Undeposited Funds 325.00
Douglas, Megan 1200 ꞏ Accounts Receivable 325.00
43 Invoice 01/03/2018 16 Day, Allison 1200 ꞏ Accounts Receivable 86.35
Day, Allison Women’s Dresses 4011 ꞏ Women’s Clothing Sales 79.95
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
San Luis Obispo Rec Center Men’s Pants and Shorts 1120 ꞏ Inventory Asset 75.00
San Luis Obispo Rec Center Men’s Pants and Shorts 5000 ꞏ Cost of Goods Sold 75.00
Your Name’s California Casual
Journal
January 2018
Page 1
Chapter 7, Document 8
Copyright © 2019 Pearson Education, Inc. All Rights Reserved
Page 30 of 41