| Sven's Private Investigation Services |
| Adjusted Trial Balance |
| July 31, 2013 |
|
Dr. |
Cr. |
| Cash |
16,250 |
|
| Accounts Receivable |
413 |
|
| Inventory-Locks |
1,000 |
|
| Inventory-Cameras |
2,600 |
|
| Inventory-Safes |
8,000 |
|
| Prepaid Rent |
8,000 |
|
| Prepaid Supplies |
120 |
|
| Prepaid Accounting Expense |
2,000 |
|
| Computers |
3,000 |
|
| Furniture |
2,000 |
|
| Accumulated Depreciation-Computers |
|
75 |
| Accumulated Depreciation-Furniture |
|
50 |
| Accounts Payable |
|
400 |
| Sales Tax Payable |
|
500 |
| Salaries Payable |
|
600 |
| Unearned Sales Revenue |
|
250 |
| Unearned Service Revenue |
|
4,000 |
| Common Stock |
|
50,000 |
| Retained Earnings (Accumulated Deficit) |
8,842 |
|
| Sales Revenue |
|
6,009 |
| Sales Returns |
46 |
|
| Service Revenue |
|
5,000 |
| COGS |
3,750 |
|
| Accounting Expense |
1,000 |
|
| Legal Expense |
- |
|
| Depreciation Expense |
83 |
|
| Rent Expense |
2,000 |
|
| Supplies Expense |
180 |
|
| Utilities Expense |
400 |
|
| Salaries Expense |
1,200 |
|
| Advertising Expense |
- |
|
| Miscellaneous Expense |
6,000 |
|
|
66,884 |
66,884 |
|
|
|
Create a: 1,2,3 using the adjusted trial balance.
1. Statement of Retained Earnings for the month ended July 31, 2013
2. Balance Sheet as of July 31, 2013
3. Statement of Cash Flows for the month ended July 31, 2013 (Indirect method)