General Ledger records and end-of-period adjustments of TEDBR Co. on 31.12.2019 are given in Section 1...

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General Ledger records and end-of-period adjustments of TEDBR Co. on 31.12.2019 are given in Section 1 and Section 2. Acoording to the information given, prepare: 1. Trial Balance (20 P) 2. End-of-period adjustments (25 P) 3. Income statement (20 P) 4. Close income and expense accounts (20 P) 5. Adjusted Trial Balance (10 P) 6. Ending Balance Sheet (5 P) Section 1: TEDBR Co. T Accounts on 31.12.2019 100 87,200 40,000 100,000 153 100,000 57,000 78,000 320 22,000 30,000 600 645 8,000 4,000 7,000 23,000 35,000 91,600 120,000 150,000 16,000 21,000 102 20,000 27,000 30,000 191 25,000 321 9,000 14,000 630 10,000 15,000 654 23,000 7,000 5,000 4,000 32,000 41,000 120 3,400 34,000 252 350,000 230,000 391 632 5,000 25,000 30, 655 10,000 3,000 7,000 22,000 121 52,000 48,000 255 64,000 86,000 500 643 660 7,000 3,000 1,000,000 15,000 Section 2: End-of-period Adjustments monthly on 31.12.2019 1. The value of commercial goods is 65.000 TL in stocks at the end of period. 2. Useful life of buildings is 50 years, Useful life of furniture and fixture is 5 years. 3. At the end of month, An office furniture was lost. Cost of furniture is 3.000TL. Cost of asset will be paid within 5 months by the personnel who were misappropriated. 24,000 19,000 General Ledger records and end-of-period adjustments of TEDBR Co. on 31.12.2019 are given in Section 1 and Section 2. Acoording to the information given, prepare: 1. Trial Balance (20 P) 2. End-of-period adjustments (25 P) 3. Income statement (20 P) 4. Close income and expense accounts (20 P) 5. Adjusted Trial Balance (10 P) 6. Ending Balance Sheet (5 P) Section 1: TEDBR Co. T Accounts on 31.12.2019 100 87,200 40,000 100,000 153 100,000 57,000 78,000 320 22,000 30,000 600 645 8,000 4,000 7,000 23,000 35,000 91,600 120,000 150,000 16,000 21,000 102 20,000 27,000 30,000 191 25,000 321 9,000 14,000 630 10,000 15,000 654 23,000 7,000 5,000 4,000 32,000 41,000 120 3,400 34,000 252 350,000 230,000 391 632 5,000 25,000 30, 655 10,000 3,000 7,000 22,000 121 52,000 48,000 255 64,000 86,000 500 643 660 7,000 3,000 1,000,000 15,000 Section 2: End-of-period Adjustments monthly on 31.12.2019 1. The value of commercial goods is 65.000 TL in stocks at the end of period. 2. Useful life of buildings is 50 years, Useful life of furniture and fixture is 5 years. 3. At the end of month, An office furniture was lost. Cost of furniture is 3.000TL. Cost of asset will be paid within 5 months by the personnel who were misappropriated. 24,000 19,000

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1 Trial Balance A trial balance is a list of all the accounts and their balances to ensure that debits equal credits Here is the trial balance based o... View the full answer