work sheet of ke is bs
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KARIM ENTERPRISEWork Sheet
For the Month of January 31, 2005Title of Accounts Trial Balance Adjustments Adjusted
Trial BalanceIncome
StatementBalance Sheet
Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
KARIM ENTERPRISEWork Sheet
For the Month of January 31,2005Title of Accounts Trial Balance Adjustments Adjusted
Trial BalanceIncome
StatementBalance Sheet
Debit Credit Debit Credit Debit Credit Debit Credit Debit CreditCash Tk.11,90,7
79Tk.
Accounts Receivable 26,860Supplies on Hand 5,000Prepaid Rent 2,000Prepaid Insurance 12,000Land 3,50,000Delivery Equipment 1,00,000Delivery Truck 24,000Salary Expense 30,000Wage Expense 5,000Electricity Expense 1,465Interest Expense 2,000Bank Charge 250Utility Expense 1,000Gas and Oil Expense 1,011Paper Expense 300Karim, Drawing 10,000Service Revenue 13,500Delivery Service Revenue 15,900Interest Revenue 500Notes Payable 3,00,000Accounts Payable 2,30,300Bills Payable 1,465Karim, Capital 12,00,000Total Tk,17,61,6
65Tk,17,61,6
65
KARIM ENTERPRISEWork Sheet
For the Month of January 31,2005Title of Accounts Trial Balance Adjustments Adjusted
Trial BalanceIncome
StatementBalance Sheet
Debit Credit Debit Credit Debit Credit Debit Credit Debit CreditCash Tk.11,90,7
79Tk.
Accounts Receivable 27,500Supplies on Hand 5,000 2500(1
)Prepaid Rent 2,000 1000(2
)Prepaid Insurance 12,000 1000(4
)Land 3,50,000Delivery Equipment 1,00,000Delivery Truck 24,000Salary Expense 30,000 5000(3
)Wage Expense 5,000 2000(5
)Electricity Expense 1,465Interest Expense 2,000Bank Charge 250Utility Expense 1,000Gas and Oil Expense 1,011Miscellaneous Expense 300Karim, Drawing 10,000Service Revenue 13,500Delivery Service Revenue 15,900Interest Revenue 500Notes Payable 3,00,000Accounts Payable 2,30,300Bills Payable 1,465Karim, Capital 12,00,000Total Tk,17,62,3
05Tk,17,62,3
05Supplies Expense 2500
(1)Rent Expense 1000(2
)Salary Payable 5000(3
)
Insurance Expense 1000(4)
Wage Payable 2000(5)
Depreciation Expense DE 750(6)Accumulated Dep. DE 750(6)Total 12,250 12,250
KARIM ENTERPRISEWork Sheet
For the Month of January 31,2005Title of Accounts Trial Balance Adjustments Adjusted
Trial BalanceIncome
StatementBalance Sheet
Debit Credit Debit Credit Debit Credit Debit Credit Debit CreditCash Tk.11,90,7
79Tk. 119077
9Accounts Receivable 26,860 26,860Supplies on Hand 5,000 2500(1
)2500
Prepaid Rent 2,000 1000(2)
1000
Prepaid Insurance 12,000 1000(4)
11000
Land 3,50,000 350000Delivery Equipment 1,00,000 100000Delivery Truck 24,000 24000Salary Expense 30,000 5000(3
)35000
Wage Expense 5,000 2000(5)
7000
Electricity Expense 1,465 1465Interest Expense 2,000 2000Bank Charge 250 250Utility Expense 1,000 1000Gas and Oil Expense 1,011 1011Paper Expense 300 300Karim, Drawing 10,000 10000Service Revenue 13,500 13500Delivery Service Revenue 15,900 15900Interest Revenue 500 500Notes Payable 3,00,000 3,00,00
0
Accounts Payable 2,30,300 2,30,300
Bills Payable 1,465 1,465Karim, Capital 12,00,000 12,00,0
00Total Tk,17,61,6
65Tk,17,61,6
65Supplies Expense 2500
(1)2500
Rent Expense 1000(2)
1000
Salary Payable 5000(3)
5000
Insurance Expense 1000(4)
1000
Wage Payable 2000(5)
2000
Depreciation Expense DE 750(6) 750Accumulated Dep. DE 750(6) 750Total 12,250 12,250 17,69,4
1517,69,4
15
KARIM ENTERPRISEWork Sheet
For the Month of January 31,2005Title of Accounts Trial Balance Adjustments Adjusted
Trial BalanceIncome
StatementBalance Sheet
Debit Credit Debit Credit Debit Credit Debit Credit Debit CreditCash Tk.11,90,7
79Tk. 119077
91190779
Accounts Receivable 26860 26860 26860Supplies on Hand 5,000 2500(1
)2500 2500
Prepaid Rent 2,000 1000(2)
1000 1000
Prepaid Insurance 12,000 1000(4)
11000 11000
Land 3,50,000 350000 350000Delivery Equipment 1,00,000 100000 100000Delivery Truck 24,000 24000 24000Salary Expense 30,000 5000(3
)35000 35000
Wage Expense 5,000 2000(5)
7000 7000
Electricity Expense 1,465 1465 1465Interest Expense 2,000 2000 2000Bank Charge 250 250 250Utility Expense 1,000 1000 1000Gas and Oil Expense 1,011 1011 1011Paper Expense 300 300 300Karim, Drawing 10,000 10000 10000Service Revenue 13500 13500 13,500Delivery Service Revenue 15,900 15900 15,900Interest Revenue 500 500 500Notes Payable 3,00,000 3,00,00
0300000
Accounts Payable 2,30,300 2,30,300
230300
Bills Payable 1,465 1,465 1465Karim, Capital 12,00,000 12,00,0
00120000
0Total Tk,17,62,3
05Tk,17,62,3
05Supplies Expense 2500
(1)2500 2500
Rent Expense 1000(2)
1000 1000
Salary Payable 5000(3)
5000 5000
Insurance Expense 1000(4)
1000 1000
Wage Payable 2000(5)
2000 2000
Depreciation Expense DE 750(6) 750 750Accumulated Dep. DE 750(6) 750 750Total 12,250 12,250 177005
5177005
553,276 29,900
Net Loss 23376 23376Total 53,276 53,276 17,39,51
517,39,5
15
KARIM ENTERPRISEIncome Statement
For the month ended January 31, 2005
Revenues: Service Revenues TK. 13,500 Delivery Service Revenue
15,900
Interest Revenue 500Total Revenues Tk.29,900
Expenses:Salary Expense 35000Wage Expense 7000Electricity Expense 1465Interest Expense 2000Bank Charge 250Utility Expense 1000Gas and Oil Expense 1011Supplies Expense 2500Rent Expense 1000Insurance Expense 1000Depreciation Expense DE
750
Miscellaneous Expense 300 Total Expenses
TK.53,276
Net Loss TK. 23,376
KARIM ENTERPRISEBalance Sheet
As on January 31, 2005
Assets Liabilities & Owner’s EquityCurrent Assets Current
LiabilitiesCash TK.11907
79Notes Payable TK.3,00,00
0
Accounts Receivable
26,860 Accounts Payable 2,30300
Supplies on Hand 2500 Bills Payable 1465Prepaid Rent 1000 Salaries Payable 5000Prepaid Insurance 11000 Wages Payable 2000Total Current Assets TK.12327
79Total Current
Liabilities5,38,76
5Plant and Equipment
Owner’s Equity
Land 3,50,000 Karim, Capital(1/1/05)
12,00,000
Delivery Equipment(10000-750)
99,250 Less: Net Loss 22,736
Delivery Truck 24,000 11,77,264
Total Plant and Equipment
473250 Less: Drawing 10,000
Karim, Capital(31/1/05)
11,67,264
Total Assets TK.1706029
Total Liability and Owner’s Equity
TK.1706029