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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
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
Financial Statement Analysis and Preparation
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