COLO COMPANY Work Sheet For Month Ended May 31, 2005

Unadjusted

Adjusted

Trial Balance

Adjustments

Trial Balance

Account

Debit

Credit

Debit

Credit

Debit

Credit

Cash

Accounts receivable

Merchandise inventory

Office supplies

Store supplies

Prepaid insurance

Office equipment

Accum. depr., office equip.

Store equipment

Accum. depr., store equip.

Accounts payable

J. Colo, Capital

J. Colo, Withdrawals

Sales

Sales discounts

Sales returns and allowances

Cost of goods sold

Depr. expense, office

equip.

Depr. expense, store equip.

Office salaries expense

Sales salaries expense

Insurance expense

Rent exp., office space

Rent exp., selling space

Office supplies expense

Store supplies expense

Utilities expense

Totals

Net income

Totals

COLO COMPANY Work Sheet For Month Ended May 31, 2005 

Balance Sheet 

Income Statement 

Balance Sheet & Statement of Owner's Equity

Account 

Debit 

Credit 

Debit 

Credit 

Accounts receivable 

Merchandise inventory 

Office supplies 

Store supplies 

Prepaid insurance 

Office equipment 

Accum. depr., office equip. 

Store equipment 

Accum. depr., store equip. 

Accounts payable 

J. Colo, Capital 

J. Colo, Withdrawals 

Sales 

Sales discounts 

Sales returns and allowances 

Cost of goods sold 

Depr. expense, office equip. 

Depr. expense, store equip. 

Office salaries expense 

Sales salaries expense 

Insurance expense 

Rent exp., office space 

Rent exp., selling space 

Office supplies expense 

Store supplies expense 

Utilities expense 

Totals 

Net income 

Totals