Marabelle's Craft 'n Shop End of Period Worksheet For the period ending 12/31/2016 Unadjusted Trial Balance (12-31-16) Adjusting Entries Adjusted Trial Balance Income Statement Balance Sheet DR CR DR CR DR CR DR CR DR CR Cash 184,500 184,500 184,500 Accounts Receivable 145,200 145,200 145,200 Merchandise Inventory 210,000 5,000 205,000 205,000 Office Supplies 6,720 2,500 4,220 4,220 Prepaid Insurance 4,080 1,800 2,280 2,280 Office Equipment 60,000 60,000 60,000 Accumulated Depreciation-Office Equipment 6,000 12,000 18,000 18,000 Store Equipment 40,000 40,000 40,000 Accumulated Depreciation-Store Equipment 9,360 8,000 17,360 17,360 Shop Equipment 185,600 185,600 185,600 Accumulated Depreciation-Shop Equipment 41,040 18,560 59,600 59,600 Accounts Payable 68,720 68,720 68,720 Salaries Payable 8,500 8,500 8,500 Interest Payable 3,312 3,312 3,312 Note Payable (due 2020) 55,200 55,200 55,200 Marabelle, Capital 534,180 534,180 534,180 Marabelle, Drawing 42,000 42,000 42,000 Sales 1,468,000 1,468,000 1,468,000 Cost of Merchandise Sold 900,000 5,000 905,000 905,000 Sales Salaries Expense 207,840 5,000 212,840 212,8