Trial Balance
As of December 31, 2014
397,600
406,000
691,825
1,606,900
900,000
1,650,000
11,000,000
1,950,000
150,000
9,040,000
48,000
27,840,325
Adjusting Entries
Sales 35000
Accounts Receivable 35000
D Sales 145000
Accounts Receivable 145000
Inventory 100000
Cost of Goods Sold 100000
Inventory 60000
Cost of Goods Sold 60000
Purchases 60000
Accounts Payable 60000
E
A. Petty cash Fund Balance (Jan.4 2015)
Bills and Coins 4,255
IOU notes -Dec 2014 5,600
Paid Petty Cash Vouchers
Date No.
Dec.29 125 5,200
Dec.30 126 3,054
Dec.31 127 6,500
Jan.3 128 260
Jan.4 129 131
Balance 25,000
128 (260)
129 (131)
IOU notes -Dec 2014 (5,600)
Correct Balance 19,009
E
3470600
142100
226000
84200
900
3471200