Waren Sports Supply2

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Waren Sports Supply2

Waren Sports Supply
Bank Reconciliation
December, 2013

Bank Statement

General Ledger

Unadjusted balance, 12-31-13

$ 123,414.03

$ 108,336.50

Add: Deposits in transit

Amount

12/24/2013 $ 18,165.00

Total

18,165.00

Deduct: Outstanding checks

Check #
Amount

1143
4800.00

1152
483.00

1153
18433.80

1154
2925.24

1155
1924.90

1156
1617.88

1157
1100.00

1118
1985.21

(33270.03)

Adjustments:

Bank service charge

(27.50)

Adjusted balance, 12-31-13

$ 108,309.00

$ 108,309.00

Journal Entry, 12-31-13

Account No.

Debit

Credit

41000
Other operating expense
$27.50

10100 Cash

$27.50

WAREN SPORTS SUPPLY, YEAR-END WORKSHEET, DECEMBER 31, 2013

Student Name________________________________________________
TRANSACTIONS LIST A

Instructor_______________________Date Due_________________
(Accounts with no activity in this worksheet are excluded in this solution.)

12/31/2012
12/31/2013

ADJUSTED
INCOME
BALANCE
ACCT
ACCOUNT
POST CLOSING
UNADJUSTED
YEAR-END ADJUSTMENTS
TRIAL BALANCE
STATEMENT
SHEET
NO.
TITLE
TRIAL BALANCE
TRIAL BALANCE

DEBIT
CREDIT
DEBIT
CREDIT
ID #
DEBIT
ID #
CREDIT
DEBIT
CREDIT
DEBIT
CREDIT
DEBIT
CREDIT

ASSETS

10100 Cash
11,025.19

108,309.00

108,309.00

108,309.00 10200 Accounts receivable
11,065.00

47,102.00

47,102.00

47,102.00 10300 Allowance for doubtful accounts 3,250.81
1,149.19

(1,149.19)

(1,149.19)
10400
Inventory
101,681.00

101,681.00

101,681.00

101,681.00 10600 Marketable securities

24,000.00

24,000.00

24,000.00 10800

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