Supplies 3280 Statement Format

Closing Bal 1190 Depreciation expense a/c

Supplies expense 2090 Date Explanation
7/31/2019 Accumulated Depriciation (Swim
Renenue Credit 7/31/2019 Accumulated Depriciation (Tenni
Unearned Revenue
Debit Credit Accumulated Depriciation (Swimming Pool) a/c
Depreciation expense 300 Date Explanation
1 Accumulated Depriciation (Swimming Pool) 200 7/31/2019 Depreciation expense a/c
Accumulated Depriciation (Tennis Court) 100
Supplies expense 2090 Accumulated Depriciation (Tennis Court) a/c
2
Supplies 2090 Date Explanation
Unbilled Revenue 1200 7/31/2019 Depreciation expense a/c
3
Revenue from Services 1200
Unearned Revenue a/c 300 Supplies a/c
4
Revenue from Service 300 Date Explanation
Salaries expense a/c 1290 7/31/2019 Balance
5
Salaries Payable 1290 7/31/2019 Supplies expense
Electricity Expenses 280
6
Electricity Expenses Payable 280
Insurance Expense a/c 100 Supplies Expense a/c
7
Prepaid Insurance A/c 100 Date Explanation
7/31/2019 Supplies a/c

Adjusted Trail Balance Debit Credit

Swimmin pool 12000 Unearned Revenue a/c
Tennis Court 9600 Date Explanation
Supplies 1190 7/31/2019 Balance
Trade receivable 2910 7/31/2019 Revenue from Service a/c
Cash 940
Prepaid Insurance 1100 Revenue from Service a/c
Unbilled Revenue 1200 Date Explanation
7/31/2019 Balance
Trade Payable 1290 7/31/2019 Unbilled Revenue
Unearned Revenue 1800 7/31/2019 Unearned Revenue
Electicity Expense Payable a/c 280
Salaries Payable a/c 1290 Unbilled Revenue a/c
Accumulated Depriciation (Swimming Pool) 200 Date Explanation
Accumulated Depriciation (Tennis court) 100 7/31/2019 Revenue from Service a/c
Share Capital 15000
Dividend 800 Salaries Expense a/c
Revenue from Service 17040 Date Explanation
Salaries Expense 4200 7/31/2019 Balance
Electicity Expense 280 7/31/2019 Salaries Payable
Insurance Expense. 100
Telephone Expense 290 Salaries Payable a/c
Depriciation Expense 300 Date Explanation
Supplies Expense 2090 7/31/2019 Salaries expense a/c
Balance 37000 37000
Electricity Expense a/c
Date Explanation
7/31/2019 Electricity ExpensePayable
Notes
Other expenses 2760 Electicity Expense Payable a/c
Electicity Expense 280 Date Explanation
Insurance Expense. 100 7/31/2019 Electricity expense a/c
Telephone Expense 290
Supplies Expense 2090 Prepaid Insurance a/c
Date Explanation
Plant Property and Equipment SwimminTennis C 7/31/2019 Balance
Swimmin pool 12000 9600 7/31/2019 Insurance Expense
Less: Accumulated depriciation 200 100
Insurance Expense a/c
Date Explanation
7/31/2019 Prepaid Insurance

INCOME STATEMENT
REVENUE
Revenue from Services

EXPENSES
Employee benefit exp
Depriciation exp
Other exp
Net Income

Statement of Retained Earnings

Balance of RE(Last year)
ADD Net Income
LESS Dividends
Balance

Statement of Finacial Position

EQUITY AND LIABILITIES
EQUITY
Share Capital
Retained Earnings Balance
Total Equity
LIABILITIES
Non-current liabilities

Current Liabilities
Trade Payable
Unearned Revenue
Electicity Expense Payable a/c
Salaries Payable a/c

Total of Current Liabilities

ASSETS
Non Current Assets
Plant Property and Equipment

Current Assets
Supplies
Trade receivable
Cash
Prepaid Insurance
Unbilled Revenue

Total of Current Assets

ement Format
ation expense a/c Supplies a/c
Debit Credit Balance Date ExplanationDebit Date Explanation
200 200 7/31/2019 Balance 3280 7/31/2019 Supplies expense
100 300 Balance
3280
ciation (Swimming Pool) a/c 8/1/2019 Balance 1190
Debit Credit Balance
200 200

riciation (Tennis Court) a/c

Debit Credit Balance
100 100

upplies a/c
Debit Credit Balance
3280 3280
2090 1190 dr

es Expense a/c
Debit Credit Balance
2090 2090 dr

ned Revenue a/c

Debit Credit Balance
2100 2100
300 1800 cr

e from Service a/c

Debit Credit Balance
15540 15540
1200 16740
300 17040

ed Revenue a/c
Debit Credit Balance
1200 1200

es Expense a/c
Debit Credit Balance
2910 2910
 1290 4200

es Payable a/c
Debit Credit Balance
1290 1290

city Expense a/c

Debit Credit Balance
280 280

xpense Payable a/c

Debit Credit Balance
280 280

d Insurance a/c
Debit Credit Balance
1200 1200
100 1100

nce Expense a/c

Debit Credit Balance
100 100

TATEMENT

17040

4200
300
2760
9780

0
9780
800
8980

nacial Position
15000
8980
23980

1290
1800
280
1290

4660
28640

21300

1190
2910
940
1100
1200

7340
28640
Credit
2090
1190
3280