7/29/2019 TB 2 dan TB 1

1/6

Working Per

Paper Audit

Ref. 12-31-80

470,501 526,901

175,555 198,610

180,106 203,460

256,170 341,206

1,082,332 1,270,177

Total Revenue

429,648 451,090

67,380 77,276

8,840 9,350

18,650 21,380

6,980 8,740

149,593 273,895

12,075 30,650

9,130 9,740

5,880 6,470

18,000 42,000

50,662 55,715

7,193 7,445

3,450 4,760

24,100 28,540

24,767 25,717

18,870 22,350

7,730 10,900

9,886 22,780

Total Operating Expenses 872,834 1,108,798

209,498 161,379

13,200 6,280

1,846 3,757

30,000 25,0001,800 14,570

Net Other 13,154 393

196,344 160,986

68,722 60,000

127,622 100,986

Estimated federal income tax

Net income after taxes

Footing checked

Checked Balances to Ledger

Balances

Per Books

12-31-81

Other incomes and (expenses)

Income from investments

Miscelaaneous income

Interest expenseGain (loss) on disposal of assets

Net income before taxes

Utilities

Payroll taxes

Professional fees

Bad debt expense

Miscellaneous expense

Net Income from Operations

Supplies

Circulation and delivery

Rent

Depreciation

Property taxes

Insurance

Advertising commissions

Correspondents' feesNewspaper services

Photo and engraving

Newsprint and ink

Accounts

Revenue

VALLEY PUBLISHING COMPANY

Working Trial Balance - Operating Accounts

12-31-81

Repairs and maintanance

Advertising Revenue - Local Display

Advertising Revenue - Classified

Advertising Revenue - National Display

Publication Sales

Operating Expenses

Salaries

7/29/2019 TB 2 dan TB 1

2/6

371

480

851

Supplies Expense

Repair and Maintanance Expense

Petty Cash

Adjustment Journal Entries

7/29/2019 TB 2 dan TB 1

3/6

480

371

T/B 2

Adjustments

Dr. Cr.

7/29/2019 TB 2 dan TB 1

4/6

Working Per

Paper Audit

Ref. 12-31-80

41,965 92,772

10,000 30,000

1,820 2,000

96,480 103,640 1,230

(8,100) (10,530)

84,016 108,196

1,360 17,400

12,000

151,380 65,950

210,000

60,850 68,850

(24,830) (31,045)

894,840 1,084,840

(421,090) (470,590)

900,691 1,271,483

60,380 121,675

16,273

5,844 10,552

7,193 7,445

60,000

250,000 475,000

12,722 5,000

300,000 330,000

76,930 204,552

Equity

Paid-in Capital

Retained Earnings

Deferred Loss on Equity Securities

Common Stock

Deferred Income Taxes

Land and Building Under Capital Lease

Accum. Depreciation - Capital Lease

Furniture and Fixtures

Accum. Depr. - Furniture and Fixtures

Printing Equipment

Accum. Depr. - Printing Equipment

Obligation Under Capital Lease

Notes Payable

Current Portion of L/T Debt

Liabilities :

Deferred Income Taxes

Accrued Interest Payable

Deferred Gain on Sale and Lease Back

Federal Income Taxes Payable

Accrued Payroll Taxes

Accrued Property Taxes

Vouchers Payable

Accrued Payroll - Net

Dividends Payable

Accounts Receivable

Prepaid Insurance

Prepaid Rent

Investments - General

Investments - Savings

Allowances for Bad Debts

Income Tax Refund

Receivable - Insurance Claim

Newsprint Inventory

Pety Cash

VALLEY PUBLISHING COMPANY T/

Working Trial Balance - Balance Sheets Accounts

12-31-81

Accounts

Balances Adjust

Per BooksDr.

12-31-81Assets

Cash - Central State Bank

Cash - Albany National Bank

7/29/2019 TB 2 dan TB 1

5/6

127,622 100,986

900,691 1,271,483

Footing checked

Checked Balances to Ledger

Current Net Income

7/29/2019 TB 2 dan TB 1

6/6

1,230

851

1

ments

Cr.