Financial Accounting: An Integrated Statements Approach, 2nd Edition

and 3.

180 Chapter 4 Accounting Information Systems

CASH April 1 Balance 4,123 April 1 800 5 3,150 12 1,250 28 1,720 17 370 20 200 24 545 27 1,250 28 1,725 30 360 30 132 April 30 Balance 2,361

ACCOUNTS RECEIVABLE April 1 Balance 4,725 April 5 3,150 25 5,145 April 30 Balance 6,720 30 Adjusting 1,375 April 30 Adj. Bal. 8,095

SUPPLIES April 1 Balance 290 8 245 April 30 Balance 535 April 30 Adjusting 350 April 30 Adj. Bal. 185

PREPAID INSURANCE April 1 Balance 465 17 370 April 30 Balance 835 April 30 Adjusting 435 April 30 Adj. Bal. 400

EQUIPMENT April 1 Balance 21,745 April 9 325 3 1,575 April 30 Balance 22,995

ACCUMULATED DEPRECIATION April 30 Balance 3,100 30 Adjusting 80 April 30 Adj. Bal. 3,180

ACCOUNTS PAYABLE April 9 325 April 1 Balance 765 12 1,250 3 1,575 20 200 8 245 April 30 Balance 810

SALARY PAYABLE April 30 Adjusting 300

CAPITAL STOCK April 1 Balance 10,000

RETAINED EARNINGS April 30 Closing 4,727 April 1 Balance 17,483 30 Closing 1,250 30 Closing 8,240 April 30 Balance 19,746

DIVIDENDS April 27 1,250 April 30 Closing 1,250 April 30 Balance 0

PROFESSIONAL FEES April 25 5,145 28 1,720 30 Balance 6,865 30 Adjusting 1,375 April 30 Closing 8,240 April 30 Adj. Bal. 8,240 April 30 Balance 0

Apr. 28 Salary Expense 1,725 Cash 1,725 30 Utilities Expense 360 Cash 360 30 Miscellaneous Expense 132 Cash 132

SCF BS IS

OT ATSET Ec