UD FAJAR SETIAWAN

ADJUSTMENT ENTRIES
31 DECEMBER 2020

Date Account Name Ref Debet

31 a. cost of goods sold Rp 500
Des merchandise inventory
b. insurance expense Rp 3,800
prepaid insurance
c. accumulated depreciation of equipment expense Rp 8,000
accumulated depreciation of equipment
d. salaries expense Rp 5,000
salaries payable
Rp 17,300
TOTAL
 Credit

Rp 500

Rp 3,800

Rp 8,000

Rp 5,000
Rp 17,300
 BURLINGTON STORE
WORKSHEET
DECEMBER 2020

Trial Balance Adjustment Entries

No Account Title
Debet Credit Debet
101 Cash Rp 43,120,000
102 Account Receivable Rp 49,500,000
103 Notes Receivable Rp 19,500,000
103 Merchandise Inventory Rp 20,000,000
104 Prepaid Rent Rp 30,000,000
105 Store Supplies Rp 5,000,000
106 Office Supplies Rp 4,000,000
107 Prepaid Advertising Rp 3,000,000
121 Store Equipment Rp 50,000,000
122 Accummmlated Depr. Of Store equipment
123 Office Equipment Rp 25,000,000
124 Accummulated Depr. Of Office Equipment
201 Account Payable Rp 83,500,000
202 Salaries Payable
301 Dave S. Capital Rp 125,000,000
302 dividen
303 Retained earnings
304 Return and sales discount Rp 2,500,000
305 sales discount Rp 1,130,000
401 Cost of goods sold Rp 149,000,000
402 Sales Rp 176,000,000
501 Purchase Rp 149,000,000
502 Purchase Return Rp 2,500,000 Rp 2,500,000
503 Purchase Discount Rp 750,000 Rp 750,000
601 Advertsisng expense
602 utility expense Rp 2,500,000
603 Advertisimg expense Rp 1,000,000
604 Store Supplies Expense Rp 3,500,000
605 Office Supplies Expense Rp 3,000,000
606 Store Salaries Expense Rp 4,000,000 Rp 2,000,000
607 Office Salaries Expense Rp 2,000,000 Rp 1,500,000
608 Rent expense Rp 2,500,000
609 Accummmlated Depr. Of Store equipment Expense Rp 1,250,000
610 Accummmlated Depr. Of Office equipment Expense Rp 625,000
611 payable expense
jumlah Rp 387,750,000 Rp 387,750,000 Rp 190,125,000
 BURLINGTON STORES CO.
WORKSHEET
DECEMBER 2020

ustment Entries Adjusted Trial Balance Income Statement Financial Position

Credit Debet Credit Debet Credit Debet Credit
Rp 43,120,000 Rp 43,120,000
Rp 49,500,000 Rp 49,500,000
Rp 19,500,000 Rp 19,500,000
Rp 20,000,000 Rp 20,000,000
Rp 2,500,000 Rp 27,500,000 Rp 27,500,000
Rp 3,500,000 Rp 1,500,000 Rp 1,500,000
Rp 3,000,000 Rp 1,000,000 Rp 1,000,000
Rp 1,000,000 Rp 2,000,000 Rp 2,000,000
Rp 50,000,000 Rp 50,000,000
Rp 1,250,000 Rp 1,250,000 Rp 1,250,000
Rp 25,000,000 Rp 25,000,000
Rp 625,000 Rp 625,000 Rp 625,000
Rp 83,500,000 Rp 83,500,000
Rp 3,500,000 Rp 3,500,000 Rp 3,500,000
Rp 125,000,000 Rp 125,000,000

Rp 2,500,000 Rp 2,500,000
Rp 1,130,000 Rp 1,130,000
Rp 23,250,000 Rp 125,750,000 Rp 125,750,000
Rp 176,000,000 Rp 176,000,000
Rp 149,000,000
 Rp 2,500,000 Rp 2,500,000
Rp 1,000,000 Rp 1,000,000
Rp 3,500,000 Rp 3,500,000
Rp 3,000,000 Rp 3,000,000
Rp 6,000,000 Rp 6,000,000
Rp 3,500,000 Rp 3,500,000
Rp 2,500,000 Rp 2,500,000
Rp 1,250,000 Rp 1,250,000
Rp 625,000 Rp 625,000
Rp 2,500,000 Rp 2,500,000 Rp 2,500,000
Rp 190,125,000 Rp 392,375,000 Rp 392,375,000 Rp 153,255,000 Rp 176,000,000 Rp 239,120,000 Rp 216,375,000
Rp 22,745,000 Rp 22,745,000
Rp 176,000,000 Rp 176,000,000 Rp 239,120,000 Rp 239,120,000
 BURLINGTON STORES Co.
INCOME STATEMENT
DECEMBER 2020
Sales
Sales Retur
Sales Discount

Net Sales

Cost Of Good Sold

purchase
purchase return
purchase discount
merchandise inventory for sale
merchandise inventory on 31 desember
Cost Of Good Sold
Gross Profit
Operating Expense
Store Salaries Expense
Store Supplies Expense
Advertising Expense
Depreciation of Store Equipment Expense
Total operating expense
General and Administration Expense
Office Salaries expense
Office Supplies Expense
Rent Expense
Utility Expense
Depreciation of Office Equipment Expense
Total General and Administration
Expense total
Net Profit
 BURLINGTON STORES Co.
INCOME STATEMENT
DECEMBER 2020
$ 176,000,000
$ 2,500,000
$ 1,130,000
$ 3,630,000
$ 172,370,000

$ 149,000,000
$ 2,500,000
$ 750,000 $ 3,250,000
$ 145,750,000
$ 20,000,000
$ 125,750,000
$ 46,620,000

$ 6,000,000
$ 3,500,000
$ 1,000,000
$ 1,250,000
$ 11,750,000

$ 3,500,000
$ 3,000,000
$ 2,500,000
$ 2,500,000
$ 625,000
$ 12,125,000
$ 23,875,000
$ 22,745,000
 BURLINGTON STORES CO.
STATEMENT OF RETAINED EARNINGS
DECEMBER 2020

Dave S. Capital , On 1 December 2020

Net Profit
Dave S Capital 31 Desember 2020
ON STORES CO.
RETAINED EARNINGS
MBER 2020

$ 125,000,000
$ 22,745,000
$ 147,745,000
 BURLINGTON STORES Co.
STATEMENT OF FINANCIAL POSITION
DECEMBER 2020

Account Name Account Name

Assets Liability
Account Payable
salaries Payable
Current Assets Expense Payable
Cash $43,120,000
Account Receivable $49,500,000 Short Liability Total
Notes Receivable $19,500,000
Merchandise Inventory $20,000,000
Prepaid Rent $27,500,000
Prepaid Advertising $2,000,000
Store Supplies $1,500,000
Office Supplies $1,000,000
Total Current Assets Rp 164,120,000
Fixed Assets Equity
Store Equipment $50,000,000 Dave'S. Capital
Accumulated Depreciation of Store Equipment $1,250,000 Rp 48,750,000
Office Equipment $25,000,000
Accumulated Depreciation of Office Equipment $625,000 Rp 24,375,000
Rp 73,125,000
Total Assets Rp 237,245,000 Total Liability + Equity
$83,500,000
$3,500,000
$2,500,000

$ 89,500,000

$147,745,000

Rp -
Rp 237,245,000
 BURLINGTON STORES Co.
CLOSING ENTRIES
DECEMBER 2020

Date Account Name Ref Debet

2020 31 Sales $ 176,000,000
Des Income Summary
31 Income Summary $ 149,625,000
Cost of Good Sold
Store Salaries Expense
Store Supplies Expense
Accum. Depr. Of Store Equipment
Advertising Expense
Office Salaries Expense
Office Supplies Expense
Rent Rxpense
Utility Expense
Accum. Depr. Of Office Equipment
31 Income Summary $ 22,745,000
Dave S. Capital
Total $ 348,370,000
 Credit

$ 176,000,000

$ 125,750,000
$ 6,000,000
$ 3,500,000
$ 1,250,000
$ 1,000,000
$ 3,500,000
$ 3,000,000
$ 2,500,000
$ 2,500,000
$ 625,000

$ 22,745,000
$ 348,370,000
 BURLINGTON STORES Co.
POST-CLOSING TRIAL BALANCE
DECEMBER 2020

Account
Account Name Debet
Number
101 Cash $43,120,000
102 Account Receivable $49,500,000
103 Notes Receivable $19,500,000
104 Prepaid Rent $27,500,000
105 Prepaid Advertising $2,000,000
106 Merchandis Inventory $20,000,000
107 Store Supplies $1,500,000
108 Office Supplies $1,000,000
109 Store Equipment $50,000,000
110 Accumulated Depreciation of Store Equipment
111 Office Equipment $25,000,000
112 Accumulated Depreciation of Store Equipment
201 Account Payable
204 Salaries Payable
207 Expense payable
301 Dave S. Capital
TOTAL Rp 239,120,000.00
 Credit

$1,250,000

$625,000
$83,500,000
$3,500,000
$2,500,000
$147,745,000
Rp 239,120,000.00