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4.1 Jan Jansen opened Jan's Window Wasing on July 1, 2002.

 During July the following transactions
were completed.
July 1 Invested $8,000 cash in business.
1 Purchased used truck for $6,000, paying $3,000 cash and the balance on account. 
3 Purchased cleaning supplies for $900 on account. 
5 Paid $1,200 cash on one‐year insurance plicy effective March 1.
12 Billed customers $2,500 for cleaning servies.
18 Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies.
20 Paid $1,200 cash for employee salaries.
21 Collected $1,400 cash from customers billed on July 12.
25 Billed customers $3,000 for cleaning services.
31 Paid gas and oil for month on truck $200.
31 Withdrew $600 cash for personal use. 

The chart of accounts for Jan's Window Washing contains the following accounts: No. 101 Cash,
No. 112 Accounts Receivable, No. 128 Cleaning Supplies, No. 130 Prepaid Insurance, No. 157 
Equipment, No. 158 Accumulated depreciation‐Equipment, No. 201 Accounts Payable, No. 212
Salaries Payable, No. 301 Jan Jansen, Capital, No. 306 Jan Jansen, Drawing, No. 350 Income Summary, 
No. 400 Fees Earned, No. 633 Gas & Oil Expense, No. 634 Cleaning Supplies Expense, No. 711
Depreciation Expense, No.722 Insurance Expense, No. 726 Salaries Expense.

Instructions:
a. Journalize and post the July transactions. Use J1 for the Journal and the three column form
of account.
b. Prepare a trial balance at July 31 on a work sheet.
c. Enter the following adjustments on the work sheet and complete the work sheet.
1 Earned but unbilled fees at July 31 was $1,100.
2 Depreciatoin on equipment for the month was $200.
3 One‐twelfth of the insurance expired.
4 An inventory count shows $600 of cleaning supplies on hand at July 31. 
5 Accured but unpaid employee salaries were $500.
d. Prepare the Income Statement and Owner's Equity Statement for July and a Classisfied 
Balance Sheet at July 31.
e. Journalize and post adjusting entries. Use page J2 for the Journal.
f. Journalize and post closing entries and completed closing process. Use page J3 for the Journal.
g. Prepare a Post‐Closing Trial Balance at July 31.

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82
4.1 a
General Journal J1
Date  Account Title and Explantion Ref. Debit Credit
July
1 Cash 101 8,000
Jan Jansen, Capital 301 8,000
(Invested cash in the business)

1 Equipment  157 6,000


Cash 101 3,000
Accounts Payable  201 3,000
(Purchased use truck paid half of amount)

3 Cleaning Supplies  128 900


Accounts Payable  201 900
(Purchased cleaning supplies on account)

5 Prepaid Insurance  130 1,200


Cash  101 1,200
(Paid cash for one‐year insurance policy)

12 Accounts Receivable 112 2,500


Fees Earned  400 2,500
(Billed customer for cleaing services)

18 Accounts Payable  201 1,500


Cash 101 1,500
(Paid cash amount owed on truck and supplies)

20 Salaries Expense  736 1,200


Cash 101 1,200
(Paid salries for employee)

21 Cash 101 1,400


Accounts Receivable  112 1,400
(Collected cash from customer bill on July 12)

25 Accounts Receivable  112 3,000


Fees Earned  400 3,000
(Billed customeer for cleaning services)

31 Gas & Oil Expense  633 200


Cash  101 200
(Paid cash for gas and oil bill)

31 Jan Jansen, Drawing 306 600


Cash 101 600
(Owner withdrew for personal use)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.1 a Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
July, 1 Invested Cash in business J1 8,000 8,000
1 Purchased truck paid half of amount J1 3,000 5,000
5 Paid cash for one‐year insurance policy J1 1,200 3,800
18 Paid account owed on truck and supplies J1 1,500 2,300
20 Paid cash for employee salaries  J1 1,200 1,100
21 Collected cash from customer billed  J1 1,400 2,500
31 Paid cash for gas and oil on truck J1 200 2,300
31 Owner's withdrew for personal use J1 600 1,700

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaning services  J1 2,500 2,500
21 Collected cash from customer bill  J1 1,400 1,100
25 Billed customer for cleaning services  J1 3,000 4,100

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
July, 3 Purchased cleaning supplies on credit J1 900 900

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
July, 5 Paid cash for one‐year insurance policy J1 1,200 1,200

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
July, 1 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
July, 1 Purchased use truck paid half of amount J1 3,000 3,000
3 Purchased cleaning supplies on credit J1 900 3,900
28 Paid amount owed on truck and supplies J1 1,500 2,400

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance

4.1 a Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

Jan Jansen, Capital No. 301
Date Explanation Ref. Debit Credit Balance
July, 1 Invested cash in the business J1 8,000 8,000

Jan Jansen, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
July, 31 Owner withdrew for personal use J1 600 600

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaing services J1 2,500 2,500
25 Billed customer for cleaing services J1 3,000 5,500

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
July, 31 Paid cash for gas and oil on truck J1 200 200

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
July, 20 Paid cash for employee salries  J1 1,200 1,200

4.1 a Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Jan's Window Washing 
Work Sheet
For the month ended July, 31

Adjusted Trial 
Trial Balance  Adjustment Income Statement Balance Sheet
Account Title  Balance 
Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.
Cash 1,700 1,700 1,700
Accounts Receivable 4,100 (1) 1,100 5,200 5,200
Cleaning Supplies 900 (4) 300 600 600
Prepaid Insurance  1,200 (3) 100 1,100 1,100
Equipment  6,000 6,000 6,000
Accounts Payable  2,400 2,400 2,400
H. Kohl, Capital 8,000 8,000 8,000
H. Kohl, Drawing 600 600 600
Fees Earned  5,500 (1) 1,100 6,600 6,600
Gas and Oil Expense 200 200 200
Salaries Expense  1,200 (5) 400 1,600 1,600
Total 15,900 15,900
Accumulated depre. Equip. (2) 200 200 200
Depreciation Expense  (2) 200 200 200
Insurance Expense  (3) 100 100 100
Cleaning Supplies Expense  (4) 300 300 300
Salaries Payable (5) 400 400 400
Total 2,100 2,100 17,600 17,600 2,400 6,600 15,200 11,000
Net Income  4,200 4,200
Total 6,600 6,600 15,200 15,200

4.1 b and c Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 1 of 2

Jan's Window Washing
Income Statemet
For the month ended July, 31
Revenues
Fees Earned  $     6,600

Expenses 
Gas & Oil Expense $     200
Salaries Expense $  1,600
Depreciation Expense $     200
Insurance Expense $     100
Cleaning Supplies Expense $     300

Total Expenses $     2,400

Net Income $     4,200

Jan's Window Washing
Statement of Owner's Equity
For the month ended July, 31
Jan Jansen, Capital July 1 $             ‐
Add: Investments $     8,000
Net Revenue  $     4,200
$  12,200
Less: Drawings $        600
Jan Jansen, Capital July 31 $  11,600

4.1 d Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

Jan's Window Washing
Balance Sheet
For the month ended July, 31

Assets
Current Assets
Cash $     1,700
Accounts Receivable $     5,200
Cleaning Supplies $        600
Prepaid Insurance  $     1,100
Total Current Assets $     8,600

Property, Plant, and Equipment
Equipment $  6,000
Less: Accumulated depreciation‐equipment $     200 $     5,800

Total Assets $  14,400

Liabilities and Owner's Equipty
Current Liablities 
Accounts Payable $     2,400
Salaries Payable  $        400

Total Current Liablities  $     2,800

Total Liablities  $     2,800

Owner's Equity
Jan Jansen, Capital $  11,600

Total Liabilities and Owner's Equity $  14,400

4.1 d Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.1 e
General Journal J2
Date  Account Title and Explantion Ref. Debit Credit
July, 31 Adjusting Entry

1 Accounts Receivable 112 1,100


Fees Earned  400 1,100
(To record accrued reveneu)

2 Depreciation Expense  711 200


Accumulated depre. Equipment 158 200
(To record monthly depreciation on equipment)

3 Insurance Expense  722 100


Prepaid Insurance  130 100
(To record insurance expired)

4 Cleaning Supplies Expense  634 300


Cleaning Supplies  128 300
(To record Supplies used)

5 Salaries Expense  726 400


Salaries Payable  212 400
(To record accued salaries)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.1 Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
July, 1 Invested Cash in business J1 8,000 8,000
1 Purchased truck paid half of amount J1 3,000 5,000
5 Paid cash for one‐year insurance policy J1 1,200 3,800
18 Paid account owed on truck and supplies J1 1,500 2,300
20 Paid cash for employee salaries  J1 1,200 1,100
21 Collected cash from customer billed  J1 1,400 2,500
31 Paid cash for gas and oil on truck J1 200 2,300
31 Owner's withdrew for personal use J1 600 1,700

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaning services  J1 2,500 2,500
21 Collected cash from customer bill  J1 1,400 1,100
25 Billed customer for cleaning services  J1 3000 4,100
31 Adj. Entry J2 1,100 5,200

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
July, 3 Purchased cleaning supplies on credit J1 900 900
31 Adj. Entry J2 300 600

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
July, 5 Paid cash for one‐year insurance policy J1 1,200 1,200
31 Adj. Entry J2 100 1,100

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
July, 1 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 200 200

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
July, 1 Purchased use truck paid half of amount J1 3,000 3,000
3 Purchased cleaning supplies on credit J1 900 3,900
28 Paid amount owed on truck and supplies J1 1,500 2,400

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 400 400

4.1 e Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

Jan Jansen, Capital No. 301
Date Explanation Ref. Debit Credit Balance
July, 1 Invested cash in the business J1 8,000 8,000

Jan Jansen, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
July, 31 Owner withdrew for personal use J1 600 600

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaing services J1 2,500 2,500
25 Billed customer for cleaing services J1 3,000 5,500
31 Adj. Entry J2 1,100 6,600

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
July, 31 Paid cash for gas and oil on truck J1 200 200

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 300 300

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 200 200

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 100 100

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
July, 20 Paid cash for employee salries  J1 1,200 1,200
31 Adj. Entry J2 400 1,600

4.1 e Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.1 f
General Journal J3
Date  Account Title and Explantion Ref. Debit Credit
July, 31 Closing Entry
(1)
31 Fees Earned  400 6,600
Income Summary 350 6,600
(To closing Revenue account)

(2)
31 Income Summary 350 2,400
Gas & Oil Expense  633 200
Cleaning Supplies Expense  634 300
Depreciation Expense  711 200
Insurance Expense  722 100
Salaries Expense  726 1,600
(To close Expenses account)

(3)
31 Income Summary 350 4,200
Jan Jansen, Capital 301 4,200
(To close net income to capital)

(4)
31 Jan Jansen, Capital 301 600
Jan Jansen, Drwaing 306 600
(To close drawing to capital)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.1 f Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
July, 1 Invested Cash in business J1 8,000 8,000
1 Purchased truck paid half of amount J1 3,000 5,000
5 Paid cash for one‐year insurance policy J1 1,200 3,800
18 Paid account owed on truck and supplies J1 1,500 2,300
20 Paid cash for employee salaries  J1 1,200 1,100
21 Collected cash from customer billed  J1 1,400 2,500
31 Paid cash for gas and oil on truck J1 200 2,300
31 Owner's withdrew for personal use J1 600 1,700

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaning services  J1 2,500 2,500
21 Collected cash from customer bill  J1 1,400 1,100
25 Billed customer for cleaning services  J1 3000 4,100
31 Adj. Entry J2 1,100 5,200

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
July, 3 Purchased cleaning supplies on credit J1 900 900
31 Adj. Entry J2 300 600

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
July, 5 Paid cash for one‐year insurance policy J1 1,200 1,200
31 Adj. Entry J2 100 1,100

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
July, 1 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 200 200

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
July, 1 Purchased use truck paid half of amount J1 3,000 3,000
3 Purchased cleaning supplies on credit J1 900 3,900
28 Paid amount owed on truck and supplies J1 1,500 2,400

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 400 400

4.1 f Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

Jan Jansen, Capital No. 301
Date Explanation Ref. Debit Credit Balance
July, 1 Invested cash in the business J1 8,000 8,000
31 Closing Entry (3) J3 4,200 12,200
31 Closing Entry (4) J3 600 11,600

Jan Jansen, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
July, 31 Owner withdrew for personal use J1 600 600
31 Closing Entry (4) J3 600 0

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance
July, 31 Closing Entry (1) J3 6,600 6,600
31 Closing Entry (2) J3 2,400 4,200
31 Closeing Entry (3) J3 4,200 0

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
July, 12 Billed customer for cleaing services J1 2,500 2,500
25 Billed customer for cleaing services J1 3,000 5,500
31 Adj. Entry J2 1,100 6,600
31 Closing Entry J3 6,600 0

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
July, 31 Paid cash for gas and oil on truck J1 200 200
31 Closing Entry J3 200 0

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 300 300
31 Closing Entry J3 300 0

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 200 200
31 Closing Entry J3 200 0

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance
July, 31 Adj. Entry J2 100 100
31 Closing Entry J3 100 0

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
July, 20 Paid cash for employee salries  J1 1,200 1,200
31 Adj. Entry J2 400 1,600
31 Closing Entry J3 1,600 0

4.1 f Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.1 g
Jan's Window Washing
Post‐Closing Trial Balance
For the month ended July, 31
Debit Credit
Cash $        1,700
Accounts Receivable $        5,200
Cleaning Supplies  $            600
Prepaid Insurance  $        1,100
Equipment $        6,000
Accumulated depreciation‐equipment $            200
Accounts Payable  $        2,400
Salaries Payable  $            400
Jan Jansen, Capital $      11,600

$      14,600 $      14,600

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.2 Helga Hohl opened Helga's Carpet Cleaners on March 1. During, the following transactions were
completed.
March  1 Invested $10,000 cash in business.
1 Purchased used truck for $6,000, paying $4,000 cash and the balance on account. 
3 Purchased cleaning supplies for $1,200 on account. 
5 Paid $1,800 cash on one‐year insurance plicy effective March 1.
14 Billed customers $2,800 for cleaning servies.
18 Paid $1,500 cash on amount owed on truck and $500 on amount owed on cleaning supplies.
20 Paid $1,500 cash for employee salaries.
21 Collected $1,600 cash from customers billed on March 14.
28 Billed customers $3,200 for cleaning services.
31 Paid gas and oil for month on truck $200.
31 Withdrew $900 cash for personal use. 

The chart of accounts for Helga's Carpet Cleaners contains the following accounts: No. 101 Cash,
No. 112 Accounts Receivable, No. 128 Cleaning Supplies, No. 130 Prepaid Insurance, No. 157 
Equipment, No. 158 Accumulated depreciation‐Equipment, No. 201 Accounts Payable, No. 212
Salaries Payable, No. 301 H. Kohl, Capital, No. 306 H. Kohl, Drawing, No. 350 Income Summary, 
No. 400 Fees Earned, No. 633 Gas & Oil Expense, No. 634 Cleaning Supplies Expense, No. 711
Depreciation Expense, No.722 Insurance Expense, No. 726 Salaries Expense.

Instructions:
a. Journalize and post the March transactions. Use J1 for the Journal and the three column form
of account.
b. Prepare a trial balance at March 31 on a work sheet.
c. Enter the following adjustments on the work sheet and complete the work sheet.
1 Earned but unbilled fees at March 31 was $600.
2 Depreciatoin on equipment for the month was $250.
3 One‐twelfth of the insurance expired.
4 An inventory count shows $400 of cleaning supplies on hand at March 31. 
5 Accured but unpaid employee salaries were $500.
d. Prepare the Income Statement and Owner's Equity Statement for March and a Classisfied 
Balance Sheet at March 31.
e. Journalize and post adjusting entries. Use page J2 for the Journal.
f. Journalize and post closing entries and completed closing process. Use page J3 for the Journal.
g. Prepare a Post‐Closing Trial Balance at March 31.

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82
4.2 a
General Journal J1
Date  Account Title and Explantion Ref. Debit Credit
March
1 Cash 101 10,000
H. Kohl, Capital 301 10,000
(Invested cash in the business)

1 Equipment 157 6,000


Cash  101 4,000
Accounts Payable  201 2,000
(Purchase use truck)

3 Cleaning Supplies  128 1,200


Accounts Payable  201 1,200
(Purchased Cleaning Supplies on credit)

5 Prepaid Insurance  130 1,800


Cash 101 1,800
(Paid cash for one‐year insurance policy)

14 Accounts Receivable 112 2,800


Fees Earned  400 2,800
(Billed customer for cleaing services)

18 Accounts Payable  201 2,000


Cash 101 2,000
(Paid amount owed on truck and supplies)

20 Salaries Expense  726 1,500


Cash 101 1,500
(Paid cash for employee salaries)

21 Cash 101 1,600


Accounts Receivable 112 1,600
(Collected cash from customer billed on March 14)

28 Accounts Receivable 112 3,200


Fees Earned  400 3,200
(Billed customer for cleaning services)

31 Gas & Oil Expense  633 200


Cash 101 200
(Paid cash for gas and oil on truck)

31 H. Hohl, Drawing  306 900


Cash 101 900
(Owner's withdrew for personal use)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.2 Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
March, 1 Invested Cash in business J1 10,000 10,000
1 Purchased truck J1 4,000 6,000
5 Paid cash for one‐year insurance  J1 1,800 4,200
18 Paid account owed on truck and supplies J1 2,000 2,200
20 Paid cash for employee salaries  J1 1,500 700
21 Collected cash from customer billed  J1 1,600 2,300
31 Paid cash for gas and oil on truck J1 200 2,100
31 Owner's withdrew for personal use J1 900 1,200

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaning services  J1 2,800 2,800
21 Collected cash from customer bill  J1 1,600 1,200
28 Billed customer for cleaning services  J1 3,200 4,400

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
March, 3 Purchased cleaning supplies on credit J1 1,200 1,200

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
March, 5 Paid cash for one‐year insurance policy J1 1,800 1,800

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
March, 1 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
March, 1 Purchased use truck J1 2,000 2,000
3 Purchased cleaning supplies on credit J1 1,200 3,200
28 Paid amount owed on truck and supplies J1 2,000 1,200

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance

4.2 a Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

H. Kohl, Capital No. 301
Date Explanation Ref. Debit Credit Balance
March, 1 Invested cash in the business J1 10,000 10,000

H. Kohl, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
March, 31 Owner withdrew for personal use J1 900 900

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaing services J1 2,800 2,800
28 Billed customer for cleaing services J1 3,200 6,000

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
March, 31 Paid cash for gas and oil on truck J1 200 200

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
March, 20 Paid cash for employee salries  J1 1,500 1,500

4.2 a Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Helga's Carpet Cleaners 
Work Sheet
For the month ended March, 31

Adjusted Trial 
Trial Balance  Adjustment Income Statement Balance Sheet
Account Title  Balance 
Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.
Cash 1,200 1,200 1,200
Accounts Receivable 4,400 (1) 600 5,000 5,000
Cleaning Supplies 1,200 (4) 800 400 400
Prepaid Insurance  1,800 (3) 150 1,650 1,650
Equipment  6,000 6,000 6,000
Accounts Payable  1,200 1,200 1,200
H. Kohl, Capital 10,000 10,000 10,000
H. Kohl, Drawing 900 900 900
Fees Earned  6,000 (1) 600 6,600 6,600
Gas and Oil Expense 200 200 200
Salaries Expense  1,500 (5) 500 2,000 2,000
Total 17,200 17,200
Accumulated depre. Equip. (2) 250 250 250
Depreciation Expense  (2) 250 250 250
Insurance Expense  (3) 150 150 150
Cleaning Supplies Expense  (4) 800 800 800
Salaries Payable (5) 500 500 500
Total 2,300 2,300 18,550 18,550 3,400 6,600 15,150 11,950
Net Income  3,200 3,200
Total 6,600 6,600 15,150 15,150

4.2 b and c Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 1 of 2

Helga's Carpet Cleaners 
Income Statemet
For the month ended March, 31
Revenues
Fees Earned  $     6,600

Expenses 
Gas & Oil Expense $     200
Salaries Expense $  2,000
Depreciation Expense $     250
Insurance Expense $     150
Cleaning Supplies Expense $     800

Total Expenses $     3,400

Net Income $     3,200

Helga's Carpet Cleaners 
Statement of Owner's Equity
For the month ended March, 31
H. Kohl, Capital March 1 $             ‐
Add: Investments $  10,000
Net Revenue  $     3,200
$  13,200
Less: Drawings $        900
H.Kohl, Capital March 31 $  12,300

4.2 d Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

Helga's Carpet Cleaners 
Balance Sheet
For the month ended March, 31

Assets
Current Assets
Cash $     1,200
Accounts Receivable $     5,000
Cleaning Supplies $        400
Prepaid Insurance  $     1,650
Total Current Assets $     8,250

Property, Plant, and Equipment
Equipment $  6,000
Less: Accumulated depreciation‐equipment $     250 $     5,750

Total Assets $  14,000

Liabilities and Owner's Equipty
Current Liablities 
Accounts Payable $     1,200
Salaries Payable  $        500

Total Current Liablities  $     1,700

Total Liablities  $     1,700

Owner's Equity
H. Kohl, Capital $  12,300

Total Liabilities and Owner's Equity $  14,000

4.2 d Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.2 e
General Journal J2
Date  Account Title and Explantion Ref. Debit Credit
March, 31 Adjusting Entry

1 Accounts Receivable 112 600


Fees Earned  400 600
(To record accrued reveneu)

2 Depreciation Expense  711 250


Accumulated depre. Equipment 158 250
(To record monthly depreciation on equipment)

3 Insurance Expense  722 150


Prepaid Insurance  130 150
(To record insurance expired)

4 Cleaning Supplies Expense  634 800


Cleaning Supplies  128 800
(To record Supplies used)

5 Salaries Expense  726 500


Salaries Payable  212 500
(To record accued salaries)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.2 Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
March, 1 Invested Cash in business J1 10,000 10,000
1 Purchased truck J1 4,000 6,000
5 Paid cash for one‐year insurance  J1 1,800 4,200
18 Paid account owed on truck and supplies J1 2,000 2,200
20 Paid cash for employee salaries  J1 1,500 700
21 Collected cash from customer billed  J1 1,600 2,300
31 Paid cash for gas and oil on truck J1 200 2,100
31 Owner's withdrew for personal use J1 900 1,200

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaning services  J1 2,800 2,800
21 Collected cash from customer bill  J1 1,600 1,200
28 Billed customer for cleaning services  J1 3,200 4,400
31 Adj.Entry J2 600 5,000

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
March, 28 Purchased cleaning supplies on credit J1 1,200 1,200
31 Adj.Entry J2 800 400

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
March, 5 Paid cash for one‐year insurance policy J1 1,800 1,800
31 Adj.Entry J2 150 1,650

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
March, 3 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance
March, 31 Adj.Entry J2 250 250

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
March, 1 Purchased use truck J1 2,000 2,000
3 Purchased cleaning supplies on credit J1 1,200 3,200
28 Paid amount owed on truck and supplies J1 2,000 1,200

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 500 500

4.2 e Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

H. Kohl, Capital No. 301
Date Explanation Ref. Debit Credit Balance
March, 1 Invested cash in the business J1 10,000 10,000

H. Kohl, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
March, 31 Owner withdrew for personal use J1 900 900

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaing services J1 2,800 2,800
28 Billed customer for cleaing services J1 3,200 6,000
31 Adj. Entry J2 600 6,600

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
March, 31 Paid cash for gas and oil on truck J1 200 200

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 800 800

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 250 250

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 150 150

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
March, 20 Paid cash for employee salries  J1 1,500 1,500
31 Adj. Entry J2 500 2,000

4.2 e Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.2 f
General Journal J3
Date  Account Title and Explantion Ref. Debit Credit
March, 31 Closing Entry
(1)
31 Fees Earned  400 6,600
Income Summary 350 6,600
(To closing Revenue account)

(2)
31 Income Summary 350 3,400
Gas & Oil Expense  633 200
Cleaning Supplies Expense  634 800
Depreciation Expense  711 250
Insurance Expense  722 150
Salaries Expense  726 2,000
(To close Expenses account)

(3)
31 Income Summary 350 3,200
H. Kohl, Capital 301 3,200
(To close net income to capital)

(4)
31 H. Kohl, Capital 301 900
H. Kohl, Drwaing 306 900
(To close drawing to capital)

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82
4.2 Page 1 of 2
General Ledger
Cash No. 101
Date Explanation Ref. Debit Credit Balance
March, 1 Invested Cash in business J1 10,000 10,000
1 Purchased truck J1 4,000 6,000
5 Paid cash for one‐year insurance  J1 1,800 4,200
18 Paid account owed on truck and supplies J1 2,000 2,200
20 Paid cash for employee salaries  J1 1,500 700
21 Collected cash from customer billed  J1 1,600 2,300
31 Paid cash for gas and oil on truck J1 200 2,100
31 Owner's withdrew for personal use J1 900 1,200

Accounts Receivable No. 112
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaning services  J1 2,800 2,800
21 Collected cash from customer bill  J1 1,600 1,200
28 Billed customer for cleaning services  J1 3,200 4,400
31 Adj.Entry J2 600 5,000

Cleaning Supplies  No. 128
Date Explanation Ref. Debit Credit Balance
March, 28 Purchased cleaning supplies on credit J1 1,200 1,200
31 Adj.Entry J2 800 400

Prepaid Insurance  No. 130
Date Explanation Ref. Debit Credit Balance
March, 5 Paid cash for one‐year insurance policy J1 1,800 1,800
31 Adj.Entry J2 150 1,650

Equipment No. 157
Date Explanation Ref. Debit Credit Balance
March, 3 Purchase use truck J1 6,000 6,000

Accumulated Depreciation‐Equipment No. 158
Date Explanation Ref. Debit Credit Balance
March, 31 Adj.Entry J2 250 250

Accounts Payable  No. 201
Date Explanation Ref. Debit Credit Balance
March, 1 Purchased use truck J1 2,000 2,000
3 Purchased cleaning supplies on credit J1 1,200 3,200
28 Paid amount owed on truck and supplies J1 2,000 1,200

Salaries Payble No. 212
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 500 500

4.2 f Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


Page 2 of 2

H. Kohl, Capital No. 301
Date Explanation Ref. Debit Credit Balance
March, 1 Invested cash in the business J1 10,000 10,000
31 Closing Entry (3) J3 3,200 13,200
31 Closing Entry (4) J3 900 12,300

H. Kohl, Drawing No. 306
Date Explanation Ref. Debit Credit Balance
March, 31 Owner withdrew for personal use J1 900 900
31 Closing Entry (4) J3 900 0

Income Summary No. 350
Date Explanation Ref. Debit Credit Balance
March, 31 Closing Entry (1) J3 6,600 6,600
31 Closing Entry (2) J3 3,400 3,200
31 Closing Entry (3) J3 3,200 0

Fees Earned  No. 400
Date Explanation Ref. Debit Credit Balance
March, 14 Billed customer for cleaing services J1 2,800 2,800
28 Billed customer for cleaing services J1 3,200 6,000
31 Adj. Entry J2 600 6,600
31 Closing Entry J3 6,600 0

Gas and Oil Expense  No. 633
Date Explanation Ref. Debit Credit Balance
March, 31 Paid cash for gas and oil on truck J1 200 200
31 Closing Entry (2) J3 200 0

Cleaning Supplies Expense  No. 634
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 800 800
31 Closing Entry (2) J3 800 0

Depreciation Expense  No. 711
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 250 250
31 Closing Entry (2) J3 250 0

Insurance Expense  No. 722
Date Explanation Ref. Debit Credit Balance
March, 31 Adj. Entry J2 150 150
31 Closing Entry (2) J3 150 0

Salaries Expense  No. 726
Date Explanation Ref. Debit Credit Balance
March, 20 Paid cash for employee salries  J1 1,500 1,500
31 Adj. Entry J2 500 2,000
31 Closing Entry (2) J3 2,000 0

4.2 f Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107     Mr. Proeun That  Tel: 089 92 57 82


4.2 g
Helga's Carpet Cleaners 
Post‐Closing Trial Balance
For the month ended March, 31
Debit Credit
Cash $        1,200
Accounts Receivable $        5,000
Cleaning Supplies  $            400
Prepaid Insurance  $        1,650
Equipment $        6,000
Accumulated depreciation‐equipment $            250
Accounts Payable  $        1,200
Salaries Payable  $            500
H. Kohl, Capital $      12,300

$      14,250 $      14,250

Promotion 9, Year I, Semester II, Stage I, Group D'1, Room E‐107    Mr. Proeun That  Tel: 089 92 57 82