By using the project data fill out forms

Assignment Help Financial Accounting
Reference no: EM131178628

Given Project Data:

ABC COMPANY

 

 

TRIAL BALANCE

 

 

12/31/2014

 

 

 

DR

CR

CASH-CHECKING

125,550

 

ACCOUNTS RECEIVABLE

243,650

 

INVENTORY

610,250

 

PROPERTY & EQUIPMENT

722,550

 

ACCUMULATED DEPRECIATION

 

235,475

ORGANIZATION EXPENSES

65,000

 

ACCUM. AMORTIZATION

 

13,000

ACCOUNTS PAYABLE

 

136,450

PAYROLL TAXES PAYABLE

 

4,250

NOTES PAYABLE-CURRENT

 

76,120

NOTES PAYABLE-LONG TERM

 

322,100

COMMON STOCK

 

100,000

RETAINED EARNINGS

 

543,784

DISTRIBUTIONS

50,000

 

 

 

 

SALES

 

4,912,470

PURCHASES

3,403,715

 

OFFICERS WAGES

250,000

 

WAG ES

525,250

 

PAYROLL TAXES

50,020

 

REPAIRS & MAINTENANCE

6,500

 

RENT

48,000

 

INSURANCE

28,800

 

INTEREST EXPENSE

19,910

 

SUPPLIES

8,750

 

OFFICE SUPPLIES

5,260

 

MEALS & ENTERTAINMENT

3,580

 

TRANSPORTATION EXPENSES

11,400

 

DEPRECIATION

103,221

 

SEC 179 DEPREC

25,000

 

ADVERTISING

27,650

 

LEGAL & ACCOUNTING

3,260

 

AMORTIZATION

4,333

 

CONTRIBUTIONS

4,260

 

INTEREST INCOME

 

2,260

 

 

 

 

 

 

TOTAL

6,345,909

6,345,909

 

 

 

 

4,528,909

4,914,730

 

 

 

BEGINNING INVENTORY

595,625

 

Using the above Project Data fill out attached form 1120S, form 1120C, 1125A, Form 1120, Form 1065, 1065b.

Attachment:- Forms.rar

Reference no: EM131178628

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