Unadjusted

Date Account Titles Trial Balance

Debit
Cash ₱ 458,000
Accounts Receivable 567,000
Notes Receivable 200,000
Supplies 24,000
Prepaid Insurance 34,500
Land 724,500
Building 542,000
Accumulated Depreciation - Bldg.
Equipment 489,000
Accumulated Depreciation - Equip.
Accounts Payable
Notes Payable
Interest Payable
Wages Payable
Unearned Service Revenue
Notes Payable, long term
C. Adorable, Capital
C. Adorable, Drawing 63,000
Service Revenue
Interest Revenue
Depreciation Expense - Equip.
Depreciation Expense - Bldg.
Wages Expense 48,000
Insurance Expense
Interest Expense
Utilities Expense 16,500
Advertising Expense 4,500
Supplies Expense
Total ₱ 3,171,000
Net Income
Totals
 LA MODERNA INTERIORS
Worksheet
For the period ended May 31, 2011
Unadjusted Pre-Closing Adjusted
Adjustment Correction
Trial Balance Trial Balance
Credit Debit Credit Debit
₱ 458,000
(h) ₱ 16,500 583,500
(i) 5,670 205,670
(c) ₱ 14,000 10,000
(d) 1,150 33,350
724,500
542,000
₱ 157,500 (a) 4,500
489,000
393,000 (a) 9,000
339,000 (g) 1,500
100,000
(e) 2,825
(b) 23,000
157,500 (f) 73,500
336,000
1,186,500
63,000
501,500 (f) 73,500 (h) 16,500
(i) 5,670
(a) 9,000 9,000
(a) 4,500 4,500
(b) 23,000 71,000
(d) 1,150 1,150
(e) 2,825 2,825
16,500
(g) 1,500 6,000
(c) 14,000 14,000
₱ 3,171,000 ₱ 151,645 ₱ 151,645 ₱ 3,233,995
Pre-Closing Adjusted Closing Post-Closing adjusted
Trial Balance Entry Trial balance
Credit Debit Credit Debit Credit
₱ 458,000
583,500
205,670
10,000
33,350
724,500
542,000
₱ 162,000 ₱ 162,000
489,000
402,000 402,000
340,500 340,500
100,000 100,000
2,825 2,825
23,000 23,000
231,000 231,000
336,000 336,000
1,186,500 1,186,500
63,000
444,500 ₱ 444,500
5,670 5,670
₱ 9,000
4,500
71,000
1,150
2,825
16,500
6,000
14,000
₱ 3,233,995 ₱ 124,975 ₱ 450,170 ₱ 3,109,020 ₱ 2,783,825
₱ 325,195 ₱ 325,195
₱ 450,170 ₱ 450,170 ₱ 3,109,020 ₱ 3,109,020