Create Journal entries, Adjusted Trail Balance, Income Statement, Post Closing Trial Balance, Balance Sheet, and Owners Equity.

Transactions Account Breakdowns Accounts Receivable: Mr. Thomas Mr. Roberts Hermelinda Linda s 1950 Mrs. Bulma comes and tells you there are only $50.00 of supplies on hand Mr. Thomas and Roberts came and pay their debt Company purchase $4,000.00 of supplies, 10% was paid On Account paid our debt to Goku Sun and Gohan Sama Paid our debt to the following: Gotten's RUS $ 50,000.00 March 31 50,000.00 March 31 50,000.00 March 31 150,000.00 April 01 April 10 100,000.00 30,000.00 70,000.00 April 15 200,000.00 April 20 April 30 Accounts Payable: Gotten's RUS GOKU SUN RUS GOHAN SAMA RUS S S Provided services to Piccolo Sama and Vegetta Sama Mrs. Bulma comes and tells you there are only $100.00 of supplies on hand 1950 Recognize salaries of our employees in the amount of $10,000.00 (Half with check number 00001 and the rest to be paid next month on the 10th Unearned Revenue Piccolo Sama Freeza Sama S 100,000.00 50,000.00 150,000.00 s Required 1.- Process necessary Adjusting Entries 2.- Create an Income Statement 3.- Process Closing Process 4.- Create a Post-Closing Trial Balance 5.- Create a Balance Sheet (20 points Xtra Credit) Note Receivable 5 years 3% APR Issued on March 03 POINTS of TEST Notes Payable 3 years 2% MPR issued March 31 (Monthly Basis) Utilities must be paid on April 14 Salaries need to be paid on April 02 Joumal Entries Income Statement Post Closing Trial Balance Total Balance Sheet Possible Points 56 30 40 126 20 146 Land Improvements were bought in March 31, 2014 Dragon Ball LLC. Trial Balance For the Period Ending in March 31, 2014 Accounts Debit Credit Cash $ 399,700.00 Accounts Receivable 150,000.00 Supplies 2,000.00 Prepaid Rent 12,000.00 12 months Prepaid Advertising 2,400.00 12 months Prepaid Insurance 1,200.00 12 months Notes Receivable 10,000.00 Equipment 20,000.00 5 years useful life Building 100,000.00 Land 200,000.00 Land Improvement 200,000.00 2 years useful life Accounts Payable $ 200,000.00 Unearned Revenue 150,000.00 Utilities Payable 300.00 Salaries Payable 10,000.00 Note Payable Capital Income Summary Income From Services Utilities Expense Salaries Expense Total 197,300.00 400,000.00 20,000.00 130,000.00 300.00 10,000.00 $ 1,107,600.00 $ 1,107,600.00 Transactions Account Breakdowns Accounts Receivable: Mr. Thomas Mr. Roberts Hermelinda Linda s 1950 Mrs. Bulma comes and tells you there are only $50.00 of supplies on hand Mr. Thomas and Roberts came and pay their debt Company purchase $4,000.00 of supplies, 10% was paid On Account paid our debt to Goku Sun and Gohan Sama Paid our debt to the following: Gotten's RUS $ 50,000.00 March 31 50,000.00 March 31 50,000.00 March 31 150,000.00 April 01 April 10 100,000.00 30,000.00 70,000.00 April 15 200,000.00 April 20 April 30 Accounts Payable: Gotten's RUS GOKU SUN RUS GOHAN SAMA RUS S S Provided services to Piccolo Sama and Vegetta Sama Mrs. Bulma comes and tells you there are only $100.00 of supplies on hand 1950 Recognize salaries of our employees in the amount of $10,000.00 (Half with check number 00001 and the rest to be paid next month on the 10th Unearned Revenue Piccolo Sama Freeza Sama S 100,000.00 50,000.00 150,000.00 s Required 1.- Process necessary Adjusting Entries 2.- Create an Income Statement 3.- Process Closing Process 4.- Create a Post-Closing Trial Balance 5.- Create a Balance Sheet (20 points Xtra Credit) Note Receivable 5 years 3% APR Issued on March 03 POINTS of TEST Notes Payable 3 years 2% MPR issued March 31 (Monthly Basis) Utilities must be paid on April 14 Salaries need to be paid on April 02 Joumal Entries Income Statement Post Closing Trial Balance Total Balance Sheet Possible Points 56 30 40 126 20 146 Land Improvements were bought in March 31, 2014 Dragon Ball LLC. Trial Balance For the Period Ending in March 31, 2014 Accounts Debit Credit Cash $ 399,700.00 Accounts Receivable 150,000.00 Supplies 2,000.00 Prepaid Rent 12,000.00 12 months Prepaid Advertising 2,400.00 12 months Prepaid Insurance 1,200.00 12 months Notes Receivable 10,000.00 Equipment 20,000.00 5 years useful life Building 100,000.00 Land 200,000.00 Land Improvement 200,000.00 2 years useful life Accounts Payable $ 200,000.00 Unearned Revenue 150,000.00 Utilities Payable 300.00 Salaries Payable 10,000.00 Note Payable Capital Income Summary Income From Services Utilities Expense Salaries Expense Total 197,300.00 400,000.00 20,000.00 130,000.00 300.00 10,000.00 $ 1,107,600.00 $ 1,107,600.00