Date Account Titles and Explanation

date 6 Salaries Expens

Salaries Payable
Cash

date 8 Cash
Accounts Reivable
Date 10 Bán hàng
Cash
Service Revenues
Cost of good sale
Inventory
Date 13 Mua hàng từ Gong
Inventory
Accounts Payable
Date 15 Mua hàng
Supplies
Cash
Date 18 Bán hàng chưa tt
Account receivable
Service Revenues
Cost of good sale
Inventory
Date 20
Salaries Expense
Cash
Date 22 Trả lại 10% hàng cho gong, nhà cc chấp nhận
Accounts Payable
Inventory
Date 23 Thanh toán cho Gong, nhận chiết khấu
Account Payable
Cash
Inventory
Date 26 Khách hàng đề nghị trả hàng, 5% số hàng
Sale Returns And Allowances
Inventory
Account receivable
Cost of good sale
Date 27 Nhận tiền tư khách hàng sau chiết khấu
Cash
Sale Discounts
Accounts Reivable
ASSETS ---> LIABILITIES --> EQUITY --> RETAINED EARNINGS --> INCOME SUMMARY ---> REV --> EX

Account titles OPENING BALANCE

CASH 108,300
ACCOUNTS RECEIVABLE 105,700
SUPPLIES 1,200
EQUIPMENT 22,000
PREPAID INSURANCE
INVENTORY 113,100
ACCUMULATED DEPRECIATION - EQ 2,200
ACCOUNTS PAYABLES 105,600
SALARIES PAYABLES 1,000
UNEARNED SERVICES REVENUES
SHARE CAPITAL 131,100
RETAINED EARNINGS 110,400
INCOME SUMMARY

SERVICE REVENUES
SALES RETURN AND ALLOWANCE
SALES DISCOUNTS
COST OF GOOD SALE
SUPPLIES EXPENSE
SALARIES EXPENSE
INSURANCE EXPENSES
DEPRECIATION EXPENSES
SUB TOTAL 350,300 350,300
NET LOSS
FINAL TOTAL 350,300 350,300
bút toán điều chỉnh
ACCOUNT DEBIT CREDIT
Salaries Expense 800
Salaries Payable 800

Depreciation Expense 200

Accumulated Depreciation_EQ 200

Supplies Expense 1700

Sipplies 1700

RETAINED EARNINGS STATEMENT

RETAINED EARNINGS, OPENING BALANCE

PLUS:
NET LOSS
SUBTRACT:
DIVIDENDS
RETAINED EARNINGS, ENDING BALANCE

STATEMENT OF FINANCIAL POSITION

ASSETS
CASH
ACCOUNTS RECEIVABLE
SUPPLIES
EQUIPMENT
PREPAID INSURANCE
INVENTORY
TOTAL ASSETS
EQUITY
SHARE CAPITAL
RETAINED EARNINGS
LIABILITIES
UNEARNED SERVICES REVENUES
SALARIES PAYABLES
ACCOUNTS PAYABLES
TOTAL LIABILITIES
TOTAL EQUITY AND LIABILITIES

POST-CLOSING TRIAL BALANCE

63478.9
CASH 63,479
ACCOUNTS RECEIVABLE 103,018
SUPPLIES 1,500
EQUIPMENT 22,000
PREPAID INSURANCE -
INVENTORY 117,381
ACCUMULATED DEPRECIATION - EQ
ACCOUNTS PAYABLES
SALARIES PAYABLE
SHARE CAPITAL
RETAINED EARNINGS
TOTAL 307,378
Debit Credit
600
1,000
1,600

2,100
2,100

13,750
13,750
4,100
4,100
-
18,550
18,550

2,000
2,000

12,000
12,000
8,400
8,400

52,350
52,350

1,855
1,855
-
16,695
16,361
334

582
420
- 582
420

11,640
360
12,000

146,402 146,402
 WORKSHE
ARY ---> REV --> EX

Adjustments (3)
Unadjusted TB (2)

Debit Credit
(44,821)
(2,682)
2,000 1,700

4,281
200
-
(1,000) 800

25,750
582
360
12,080
1,700
52,950 800

200
24,750 24,750 2,700 2,700

24,750 24,750 2,700 2,700

 COMPANY NAME

110,400

(42,922)

0
67,478

63,479
103,018
1,500
22,000
-
117,381
307,378

131,100
67,478
198,578
 -
800
105,600
106,400
481,256

CREDIT

2,400
105,600
800
-
131,100
239,900
cash AP
AR SC
INVENTORY RE

10,13 . 10 6600 X 2 +XXXX

13 X 2 + XXXX
20 1800 + XXXXX
BỔ SUNG NV
22 đề nghị trả 10% hàng cho Gong , và đc nhà cc Gong chấp nhận bằng vc pát hành
26 khách hàng đề nghị trả hàng, hàng nhận về k bị lỗi, cty đồng ý cho trả hàng và ph
( cus chịu chi phí vc hàng trả, trả 5% số hàng đã bán)

OPENING BALANCE
ACCOUNT DEBIT
CASH 57750

ACCOUNTS RECEIVABLE 4600

INVENTARY 12000
SUPPLIES 1200
EQUIPMENT 22000

ACCUMULATED DEPRECIATION-EQ
ACCOUNTS PAYABLE
SALARIES PAYABLE
SHARE CAPITAL
RETAINED EARINGS
TOTAL 97550
 WORKSHEET

Adjusted TB (4) Income statement (5)

Debit Credit Debit Credit

63,479
103,018
1,500
22,000
-
117,381
2,400
- 105,600
800
- -
- 131,100
- 110,400
- -
- -
- 25,750 0 25750
582 582
360 360
12,080 12080
1,700 1700
53,750 53750
- 0
200 200
376,050 376050 68672 25750
-42922
376,050 376,050 68,672 (17,172)
 ĐK * 2 + XXXXX

cc Gong chấp nhận bằng vc pát hành credit notes, bên Gong chịu chi phí vận chuyển hàng trả về.
k bị lỗi, cty đồng ý cho trả hàng và phats hành credit note

ALANCE
CREDIT

2200
4500
1000
30000
59850
97550
 SFP AND RETAINED EARNINGS STMT (6) Closing entries (7)

Debit Credit Debit Credit

63,479
103,018
1,500
22,000
-
117,381
2,600
- 105,600
1,600
- -
- 131,100
- 110,400 (42,922)
68,672 25,750
(42,922)
25,750
582
360
12080
1700
53750
0
200
307,378 351300 51500 51500
-42922
264,456 351,300 51,500 51,500
 Post-closing TB (8)

Debit Credit
63,479
103,018
1,500
22,000
-
117,381
- 2,400 1/ TO CLOSE REVENUES A/C:
- 105,600 DR SERVICE REVENUES 25,750
- 800 CR INCOME SUMMARY 25,750
- - 2/ TO CLOSE EXPENSES A/C:
- 131,100 DR INCOME SUMMARY
67,478 CR SALES RETURN AND ALLOWANCE
CR SALES DISCOUNTS
CR COST OF GOOD SALE
CR SUPPLIES EXPENSE
- CR SALARIES EXPENSE
- CR INSURANCE EXPENSES
- DEPRECIATION EXPENSES
-
- 3/ TO CLOSE INCOME SUMMARY TO RETAINED EARNINGS:
- DR INCOME SUMMARY
- CR RETAINED EARNINGS
307,378 307,378 4/ TO CLOSE DIVIDENDS TO RETAINED EARNINGS:
NO DIVIDEND IN THIS CASE
307,378 307,378 Dr Retained earnings
Cr Dividends
 68,672
D ALLOWANCE 582
360
12,080
1,700
53,750
-
200

TO RETAINED EARNINGS:
(42,922)
(42,922)
AINED EARNINGS:

-
-
ACR6

DR SALARY EX
CR SALARIES PAYBALE

DR DEPRE EX
CR AD

OPENING BALANCE
ACCOUNT DEBIT
CASH 55200
ACCOUNTS RECEIVABLE 3900
INVENTORY 1950
EQUIPMET 21000
TOTAL 82050

JOURNALIZE THE DECEMBER TRANSACTION

DATE ACCOUNT DEBIT
date 3 mua 4000 hàng hóa, giá 0,72
Inventory 2880
Account Payable
date 5 bán hàng
Accounts Receivable 4048
Service Revenues
Cost of goods sale 2958
Inventory
date 7 khách hàng trả hàng
Inventory 144
 Cost of goods sale
hoàn tiền lại khách hàng
Sales returns and Allowance 184
Account Receivable
Date 17 Mua hàng
Inventory 1716
Cash
date 22 Bán hàng
Account Receivable 1900
Service Revenues
Cost of goods sale 1440
Inventory
Total 15270
Ajustment
1 Salaries Expense 950
Salaries Payable
2 Depreciation Expense 750
Accumulated Depreciation_EQ

TRIAL BALANCE
ACCOUNT DEBIT (£) CREDIT (£)
Cash 53484
Accounts Receivable 9664
Inventory 2292
Equipment 21000
Accumulated Depreciation 1500
Accounts Payable 5880
Salaries Payable
Share Capital - Ordinary 20000
Retained Earnings 57550
Service Revenue 5948
Cost of Goods Sold 4254
Salaries and Wages Expense
Depreciation Expense
Sales Returns and Allowances 184
Tổng cộng 90878 90878
T-ACCOUNTS
Cash ACCOUNT RECEIVABLE
55200 3900
1716 4048
1900
53484
9664
 ACCUMULATED DEPRECIATION

1500 Accounts Payable

750
2250

Retained Earnings Service Revenue

57550
57550

Salaries and Wages Expense Depreciation Expense

950 750
950 750

ASSETS ---> LIABILITIES --> EQUITY --> RETAINED EARNINGS --> INCOME SUMMARY ---> REV --> EX
Account titles OPENING BALANCE Unadjusted TB (2)
Debit Credit Debit
Cash 55,200 53,484
Accounts Receivable
3,900 9,664
Inventory 1,950 2,292
Equipment 21,000 21,000
Accumulated Depreciation
1,500
Accounts Payable 3,000
Salaries Payable
UNEARNED SERVICES REVENUES
Share Capital - Ordinary 20,000
Retained Earnings 57,550
INCOME SUMMARY
Service Revenue
Cost of Goods Sold 4,254
Salaries and Wages Expense
Depreciation Expense

Sales Returns and Allowances 184

SUB TOTAL 82,050 82,050 90,878
NET LOSS
FINAL TOTAL

RETAINED EARNINGS STATEMENT

RETAINED EARNINGS, OPENING BALANCE 57,550

PLUS:
NET LOSS 190
SUBTRACT:
DIVIDENDS 0
RETAINED EARNINGS, ENDING BALANCE 57,740

STATEMENT OF FINANCIAL POSITION

ASSETS
Cash 53,484
Accounts Receivable 9,664
Inventory 2,292
Equipment 21,000
TOTAL ASSETS 86,440
EQUITY
SHARE CAPITAL 20,000
 RETAINED EARNINGS 57,360
TOTAL 77,360
LIABILITIES
UNEARNED SERVICES REVENUES -
Accounts Payable 5,880
Salaries Payable 950
TOTAL LIABILITIES 6,830
TOTAL EQUITY AND LIABILITIES 170,630

POST-CLOSING TRIAL BALANCE

63478.9 CREDIT
Cash 53,484
Accounts Receivable 9,664
Inventory 2,292
Equipment 21,000
Accumulated Depreciation - 2,250
Accounts Payable - 5,880
Salaries Payable - 950
Share Capital - Ordinary - -
Retained Earnings - 20,000
57360
TOTAL 86,440 86,440

1.FIFO
Tính Giá vốn hàng bán (COGS)
Bán ngày 05/12:
3.000 đơn vị @ £0.65 = £1.950
1.400 đơn vị @ £0.72 = £1.008
Tổng COGS (05/12) = £2.996
Bán ngày 22/12:
2.000 đơn vị @ £0.72 = £1.440
Tổng COGS (22/12) = £1.440
Tổng COGS FIFO = £2.996 + £1.440 = £4.436
Sau khi bán hàng, tồn kho còn lại:
200 đơn vị @ £0.72
2.200 đơn vị @ £0.78
Tổng giá trị hàng tồn kho:
(200 × £0.72) + (2.200 × £0.78) = £1.800
Kết quả FIFO:
 COGS: £4.436
Ending Inventory: £1.800
2. Phương pháp Average
1. Tồn kho đầu kỳ:
3.000 £0.65 → Tổng giá trị: £1.950
2. Sau khi mua 4.000 đơn vị @ £0.72:
Tổng số đơn vị = 3.000 + 4.000 = 7.000
Tổng giá trị = £1.950 + £2.880 = £4.830
Giá trung bình mới: £4.830 / 7.000 = £0.69/unit
3. Sau khi mua thêm 2.200 £0.78:
Tổng số đơn vị = (7.000 - 4.200) + 2.200 = 5.000
Tổng giá trị = (£4.830 - £2.898) + £1.716 = £3.648
Giá trung bình mới: £3.648 / 5.000 = £0.73/unit
Tính Giá vốn hàng bán (COGS)
COGS (05/12): 4.400 × £0.69 = £3.036
COGS (22/12): 2.000 × £0.73 = £1.460
Tổng COGS Average = £3.036 + £1.460 = £4.496
Tính hàng tồn kho cuối kỳ
Số lượng còn lại: 2.400 đơn vị
Giá trị hàng tồn kho: 2.400 × £0.73 = £1.752
Kết quả Average-Cost:
COGS: £4.496
Ending Inventory: £1.752
 cash xxxxx
re xxxxx
ajustmet data
1. 400_xxxx
2. 200+xxx

DR SALARY EX
CR SALARIES PAYBALE

DR DEPRE EX 400
200

CE
CREADIT
ACCUMULATED DPRECIATION-EQ 1500
ACCOUNTS PAYABLE 3000
SHARE CAPIPTAL 20000
RETAIN EARING 57550
82050

CREDIT

2880

4048

2958
 144

184

1716

1900

1440
15270

950

750

ACCOUNT RECEIVABLE INVENTORY EQUIPMENT

1950 21000
2880 2958 21000
144
184 1716 1440
2292
2292
 Accounts Payable Salaries Payable Share Capital - Ordinary
3000 950 20000
2880 950 20000
5880

Service Revenue Cost of Goods Sold

4048 2958
1900 1440 144
5948 4254

Depreciation Expense Sales Returns and Allowances

184
184

WORKSHEET
Y ---> REV --> EX
SFP AND RETAINED EAR
Unadjusted TB (2) Adjustments (3) Adjusted TB (4) Income statement (5)
STMT (6)
Credit Debit Credit Debit Credit Debit Credit Debit
53,484 53,484

9,664 9,664
2,292 2,292
21,000 21,000

1,500 750 2,250

5,880 - 5,880 -
950 950
- - -
20,000 - 20,000 -
57,550 - 57,550 -
-
-
 5,948 - 5,948 0 5948
4,254 4254
950 950 950
750 750 750

184 184
90,878 1,700 1,700 92,578 92,578 6,138 5,948 86,440
(190) 190
5,948 86,630

COMPA
NY
NAME
P AND RETAINED EARNINGS
Closing entries (7) Post-closing TB (8)
STMT (6)
Credit Debit Credit Debit
53,484

9,664
2,292
21,000

2,250 -
5,880 -
950 -
- -
20,000 -
57,550 (190)
6,138 5,948
(190)
 5,948
4254 -
950 -
750 -

184 -
86,630 11896 11896 86440

86,630
Post-closing TB (8)
Credit

2,250
5,880
950
-
20,000
57,360 1/ TO CLOSE REVENUES A/C:
DR SERVICE REVENUES 5,948
CR INCOME SUMMARY 5,948
 2/ TO CLOSE EXPENSES A/C:
DR INCOME SUMMARY 6,138
CR Cost of Goods Sold

CR Salaries and Wages Expense

CR Depreciation Expense

86440 CR Sales Returns and Allowances

3/ TO CLOSE INCOME SUMMARY TO RETAINED EARNINGS:

DR INCOME SUMMARY (190)
CR RETAINED EARNINGS
4/ TO CLOSE DIVIDENDS TO RETAINED EARNINGS:
NO DIVIDEND IN THIS CASE
Dr Retained earnings
Cr Dividends
4,254
950
750
184

(190)

-
-