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Balance sheet as of july 31 2013statement of cash flows for

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Reference no: EM13590288

Sven's Private Investigation Services
Adjusted Trial Balance
July 31, 2013

Dr. Cr.
Cash                     16,250
Accounts Receivable                           413
Inventory-Locks                       1,000
Inventory-Cameras                       2,600
Inventory-Safes                       8,000
Prepaid Rent                       8,000
Prepaid Supplies                           120
Prepaid Accounting Expense                       2,000
Computers                       3,000
Furniture                       2,000
Accumulated Depreciation-Computers
                         75
Accumulated Depreciation-Furniture
                         50
Accounts Payable
                       400
Sales Tax Payable
                       500
Salaries Payable
                       600
Unearned Sales Revenue
                       250
Unearned Service Revenue
                   4,000
Common Stock
                 50,000
Retained Earnings (Accumulated Deficit)                       8,842
Sales Revenue
                   6,009
Sales Returns                             46
Service Revenue
                   5,000
COGS                       3,750
Accounting Expense                       1,000
Legal Expense                              -  
Depreciation Expense                             83
Rent Expense                       2,000
Supplies Expense                           180
Utilities Expense                           400
Salaries Expense                       1,200
Advertising Expense                              -  
Miscellaneous Expense                       6,000

                    66,884                  66,884



Create a: 1,2,3 using the adjusted trial balance.

1. Statement of Retained Earnings for the month ended July 31, 2013
2. Balance Sheet as of July 31, 2013
3. Statement of Cash Flows for the month ended July 31, 2013 (Indirect method)

Reference no: EM13590288

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