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T- Account Balance

date	Cash		date		date	Notes Payable		date		Business License exp				Common Stock
1-Jul	15,000.00														15,000	1-Jul
							0			0					15,000
						Accounts Rec.				Insurance expense
													COMPLETION OF STEPS 1- 4 DELIVERABLE:
													CONGRATULATIONS! YOU ARE NOW READY TO SUBMIT YOUR
													WORKBOOK TO COMPLETE THE 3-3 CHECKPOINT REQUIREMENT
						0				0
	15,000.00	-
	15,000.00
	Misc. expense					Baking equipment					Advertising expense
											0
						0
	0
	Baking supplies					Misc. supplies					Rent expense
	0					0
											-
	Prepaid rent					Prepaid insurance					Bakery Sales
						0
												0
	-
	Accounts payable					Salary and wages expense					Salaries and wages payable
		-
	Telephone expense
						-
												0
						Dividends					depreciation expense				acc dep
	-
						-
											0					0
	baking supplies expense										Interest expense				Interest payable
adj										adj							adj
	0										0					0
	misc supplies expense					COGS LIF0					COGS FIFO
adj
	0
	Merchandise Sales Revenue					-					-
		-
						COGS Weighted Avg.				Merch. Inv. FIFO					Merch. Inv. LIFO
						-				-					-

Number Aighment Peyton Approved Statement of Retained Earnings For Qtr. Ending 9/30/2014 Step 8: Prepare the financial statements Use your adjusted trial balance to prepare the income statement, statement of owner's equity, and balance sheet. You must complete these statements in this order, as there are interdependencies among em. 6 18 Number Aighment Peyton Approved Statement of Retained Earnings For Qtr. Ending 9/30/2014 Step 8: Prepare the financial statements Use your adjusted trial balance to prepare the income statement, statement of owner's equity, and balance sheet. You must complete these statements in this order, as there are interdependencies among em. 6 18

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