Peach Blossom TB
TB - BS
Peach Blossom Cologne Company
Working Trial Balance - Balance Sheet
12/31/2009
Working
Paper
Reference
Per
Audit
12-31-08
Per
Books
12-31-09
Per
Audit
12-31-09
Adjustments
Credit
Debit
Assets:
101 Cash-Big City National Bank
105 Accounts receivable
106 Allowance for bad debts
339,415
124,021
(10,485)
420,678
235,380 B-1
(4,800) B-1
109 Inventory
777,152
600,580
110 Investments - Trading Securities
-
-
111 Dividends Receivable
112 Interest Receivable
201 Investments - Held to Maturity
-
-
210
220
221
230
Land
Buildings
Accum. depn.- buildings
Machinery and equipment
231 Accum. depn.- mach.& equip.
240
241
250
251
Automotive equipment
Accum. depn.- auto. equip.
Office furniture & fixtures
Accum. depn.- off. furn.& fix.
Total assets
82,250
276,263
(65,416)
540,845
(160,866)
99,425
(52,798)
106,433
(37,581)
2,018,658
C-1
C-1
E-1
E-1
I-1
I-1
I-2
I-2
I-1
I-2
82,250
276,263
(74,625)
737,045 D-2
D-5
D-5
(185,939) D-3
D-2
D-5
D-5
D-4
118,925
(81,892) D-4
113,233
(43,073)
2,194,025
1,200
46,988
340
17,740
7,952
10
475
10,260
1,200
#1
420,678
234,180
(6,506)
2,906
18,000
928
#2
#3
#4
628,980
#1
#5
#8
#14
#17
#16
#20
#15
25,692
10
475
10,224
36
#11
82,250
276,263
(74,625)
739,815
625
#9
(186,008)
88
61
#12
#13
3,200
3,520
2,450
#12
#13
80
#11
625
#19
1,800
#10
#20
118,925
(80,092)
113,233
(43,073)
2,260,421
Liabilities:
301 Accounts payable
223,161
176,790
305
306
307
308
317
401
10,625
15,725
23,023
125,000
19,275
8,750
15,725
25,000
Accrued interest
Dividends payable
Federal income tax payable
Notes payable-short term
State Income Tax Payable
Notes payable-long term
Total liabilities
Owners ' Equity:
501 Common stock
505 Other contributed capital
601 Retained earnings
605 Dividends
610 Current net income
Total owners ' equity
Total liabilities & owners ' equity
E-1
E-1
E-1
E-1
F-1
46,988
1,400
365
340
438
#5
#6
#7
#8
#18
225,883
416,809
20,000
150,000
396,265
9,188
15,725
25,000
20,000
150,000
Peach Blossom Cologne Company
Working Trial Balance - Balance Sheet
12/31/2009
Working
Paper
Reference
Per
Audit
12-31-08
Per
Books
12-31-09
Per
Audit
12-31-09
Adjustments
Credit
Debit
Assets:
101 Cash-Big City National Bank
105 Accounts receivable
106 Allowance for bad debts
339,415
124,021
(10,485)
420,678
235,380 B-1
(4,800) B-1
109 Inventory
777,152
600,580
110 Investments - Trading Securities
-
-
111 Dividends Receivable
112 Interest Receivable
201 Investments - Held to Maturity
-
-
210
220
221
230
Land
Buildings
Accum. depn.- buildings
Machinery and equipment
231 Accum. depn.- mach.& equip.
240
241
250
251
Automotive equipment
Accum. depn.- auto. equip.
Office furniture & fixtures
Accum. depn.- off. furn.& fix.
Total assets
82,250
276,263
(65,416)
540,845
(160,866)
99,425
(52,798)
106,433
(37,581)
2,018,658
C-1
C-1
E-1
E-1
I-1
I-1
I-2
I-2
I-1
I-2
82,250
276,263
(74,625)
737,045 D-2
D-5
D-5
(185,939) D-3
D-2
D-5
D-5
D-4
118,925
(81,892) D-4
113,233
(43,073)
2,194,025
1,200
46,988
340
17,740
7,952
10
475
10,260
1,200
#1
420,678
234,180
(6,506)
2,906
18,000
928
#2
#3
#4
628,980
#1
#5
#8
#14
#17
#16
#20
#15
25,692
10
475
10,224
36
#11
82,250
276,263
(74,625)
739,815
625
#9
(186,008)
88
61
#12
#13
3,200
3,520
2,450
#12
#13
80
#11
625
#19
1,800
#10
#20
118,925
(80,092)
113,233
(43,073)
2,260,421
Liabilities:
301 Accounts payable
223,161
176,790
305
306
307
308
317
401
10,625
15,725
23,023
125,000
19,275
8,750
15,725
25,000
Accrued interest
Dividends payable
Federal income tax payable
Notes payable-short term
State Income Tax Payable
Notes payable-long term
Total liabilities
Owners ' Equity:
501 Common stock
505 Other contributed capital
601 Retained earnings
605 Dividends
610 Current net income
Total owners ' equity
Total liabilities & owners ' equity
E-1
E-1
E-1
E-1
F-1
46,988
1,400
365
340
438
#5
#6
#7
#8
#18
225,883
416,809
20,000
150,000
396,265
9,188
15,725
25,000
20,000
150,000