Account

Current Balance

1-0000

Assets

$153,101.11

1-1000

Cash Accounts

$13,819.83

1-1100

Checking Account

$13,719.83

1-1200

Petty Cash

$100.00

1-2000

Inventory

$78,541.50

1-2100

Raw Materials

$3,400.00

1-2200

Finished Goods

$75,141.50

1-3000

Accounts Receivable

$37,264.78

1-4000

Deposits Paid Vendors

$100.00

1-5000

Office Equipment

$7,875.00

1-5100

Office Equip., Original Cost

$12,000.00

1-5200

Office Equip., Amortization

($4,125.00)

1-6000

Vehicles

$15,000.00

1-6100

Vehicles, Original Cost

$32,000.00

1-6200

Vehicles, Amortization

($17,000.00)

1-7000

Other Assets

$500.00

2-0000

Liabilities

$135,382.03

2-1000

Credit Cards

$4,200.00

2-1110

MasterCard

$3,200.00

2-1120

Visa

$1,000.00

2-1130

American Express

$0.00

2-1200

Accounts Payable

$10,627.02

2-1210

Bank Indebtedness

$100,000.00

2-1300

Tax Liabilities

$4,763.26

2-1310

Tax 1 Collected

$2,414.58

2-1330

Tax 2 Collected

$2,348.68

2-1400

Payroll Liabilities

$15,291.75

2-1410

Default Payroll Liabilities

$13,919.25

2-1420

Income Tax Deductions

$0.00

2-1475

Payroll Tax Payable

$105.00

2-1480

Group Insurance

$0.00

2-1490

Garnishees, and other

$0.00

2-1496

Vacation Payable

$1,267.50

2-1500

Accrued Employer Expenses

$0.00

2-1600

Deposits from Customers

$500.00

3-0000

Equity

$17,719.08

3-1000

Paid in Capital

$110,000.00

3-2000

Owner’s Draw

$0.00

3-8000

Retained Earnings

($58,078.07)

3-9000

Current Year Earnings

($34,202.85)

3-9999

Historical Balancing

$0.00

4-0000

Income

$24,108.50

4-1000

Sales

$23,708.50

4-1100

Retail Sales

$7,227.10

4-1200

Wholesale Sales

$3,723.90

4-1300

Consignment Sales

$12,757.50

4-3000

Other Income

$400.00

4-3100

Freight Income

$0.00

4-3200

Finance Charges Collected

$0.00

4-3300

Miscellaneous Income

$400.00

5-0000

Cost of Sales

$13,386.57

5-1000

Retail Cost of Sales

$4,622.97

5-2000

Wholesale Cost of Sales

$2,371.49

5-3000

Consignment Cost of Sales

$6,392.11

5-4000

Wages for Production Labor

$0.00

5-5000

Materials & Supplies

$0.00

5-6000

Other Costs

$0.00

5-6100

Discounts Taken

$0.00

5-6150

Discounts Given

$0.00

6-0000

Expenses

$44,924.78

6-1000

Advertising

$0.00

6-1200

Car & Truck Expenses

$100.00

6-1300

Commissions Paid

$1,000.00

6-1500

Amortization Expense

$625.00

6-1700

Freight Paid

$48.95

6-1800

Insurance (other than health)

$90.00

6-1900

Interest

$1,500.00

6-1910

Mortgage Interest

$0.00

6-1920

Other Interest

$1,500.00

6-2000

Legal & Professional Services

$178.90

6-2100

Office Expenses

$500.00

6-2300

Lease Expenses

$112.00

6-2310

Machinery & Equipment

$100.00

6-2320

Other Business Property

$12.00

6-2400

Repairs

$0.00

6-2500

Supplies

$150.00

6-2600

Taxes

$100.00

6-2700

Travel, Meals & Entertainment

$1,000.00

6-2710

Travel

$0.00

6-2720

Meals & Entertainment

$1,000.00

6-2800

Utilities

$900.00

6-2900

Wages Paid

$1,500.00

6-3020

Finance Charges Paid

$0.00

6-5100

Payroll

$37,119.93

6-5110

Wages

$33,174.99

6-5120

Vacation Pay Expense

$1,699.50

6-5130

Employer Expenses

$2,245.44

6-6000

Other Expenses

$0.00

8-0000

Other Income

$0.00

8-1000

Lottery Winnings

$0.00

9-0000

Other Expenses

$0.00

9-1000

Corporate Tax

$0.00