EVENT EXPERTS INC.

GENERAL LEDGERS

GENERAL LEDGER CASH ACC NO Date 2011 Dec 1 Dec 31 Dec 31 31 31 Explanation Balance Cash Receipt Cash Payment Interest Revenue Miscellaneous General Expense Post Ref. X CR23 CP24 G G 74.86 138.00 Debit
108,782. 46 88148. 24

1010 Balance 42,835.00 151,617.46 63,469.22 63,544.08 63,406.08

Credit

PETTY CASH ACC NO Date 2011 Dec 3 31 31 31 Explanation Cash Miscellaneous General Expense Freight Out Cash Post Ref. CP24 G38 G38 CP24 204.97 Debit 220.00 Credit 1050 Balance

220.00 46.81 173.19 158.16 15.03 220.00

ACCOUNTS RECEIVABLE ACC NO Date 2011 Dec 1 1 4 Explanation Balance Notes Receivable & Sales Discounts Allowance for Doubtful Accounts Post Ref. X G37 G37 Debit Credit 7,000.00 4,600.00 1120 Balance 53,500.00 46,500.00 41,900.00

8 23 26 31 31

Sales Returns and Allowances Allowance for Doubtful Accounts Sales Returns and Allowances Credit Sales Cash

G37 G37 G37 S12 CR23

47,465. 00

844.00 1,500.00 850.00

41,056.00 42,556.00 41,706.00 89,171.00

53,652.0 0

35,519.00

GENERAL LEDGER ALLOWANCE FOR DOUBTFUL ACCOUNTS ACC NO Date 2011 Dec 1 4 23 31 Explanation Post Ref. Debit 4,600.00 1,500.00 7432.91 Credit 1130 Balance 1,281.00 (3,319.00) (1,819.00) 5613.91

Balance X Accounts receivable - The G3? Gardens Accounts Receivable G3? The Gardens (Bad debt recovered) Bad Debt Expense G

NOTES RECEIVABLE ACC NO Date 2011 Dec 1 1 14 Explanation Balance Accounts Receivable Four Seasons Plaza Cash Post Ref. X G37 CR23 Debit 6,860.00 6,000.00 Credit 1150 Balance 6,000.00 12,860.00 6,860.00

INTEREST RECEIVABLE ACC NO 1180

Date 2011 Dec 31

Explanation Interest Revenue

Post Ref.

Debit 57.17

Credit

Balance 57.17

GENERAL LEDGER MERCHANDIZE INVENTORY ACC NO Date 2011 Dec 1 8 9 26 29 31 31 31 31 31 SUPPLIES ACC NO Date Explanation Post Ref. Debit Credit 1260 Balance Explanation Balance Cost of Goods sold Accounts Payable American Amusement Services Cost of Goods sold Accounts Payable Complete Party Linens Cost of Goods Sold Sales Accounts Payable (Purchase Discounts) Accounts Payable (Purchases) Cost of Goods Sold Cost of Goods Sold Post Ref. X G37 G37 G37 G37 CR23 CP24 P12 S12 G
26,233. 00 21,240.0 0 11753. 27

1200 Balance 106,135.00

Debit

Credit

360.00 512.00 320.00 274.00

18,780.0 0 488.73

106,495.00 105,983.00 106,303.00 106,029.00 87,249.00 86760.27 112,993.27 91753.27 88,000.00

2011 Dec 1 13 31

Balance Cash Supplies Expense

X CP24 G39

930.00 2202.00

3,472.00 4,402.00 2,200.00

PREPAID INSURANCE ACC NO Date 2011 Dec 1 3 31 Explanation Balance Cash Insurance Expense Post Ref. X CP24 G39 Debit 1,800.00 3,330.00 Credit 1300 Balance 3,410.00 5,210.00 1,880.00

GENERAL LEDGER LAND ACC NO Date 2011 Dec 1 Explanation Balance Post Ref. X Debit Credit 1400 Balance 16,500.00

BUILDINGS ACC NO Date Explanation Post Ref.

5

1450 Balance

Debit

Credit

2011 Dec 1

Balance

93,500.00

ACCUMULATED DEPRECIATION BUILDINGS ACC NO Date 2011 Dec 1 3 1 Explanation Balance Depreciation Expense Building Post Ref. X G38 Debit Credit 5,300.00 1460 Balance 22,660.00 27,960.00

GENERAL LEDGER OFFICE EQUIPMENT ACC NO Date 2011 Dec 1 1 6 1 9 3 0 Explanation Balance Note Payable Accounts Payable Century Business Supply Accumulated Depreciation - Office Equipment Post Ref. X G37 G37 G38 Debit 8,600.00 750.00 660.00 Credit 1510 Balance 21,780.00 30,380.00 31,130.00 30,470.0 0

ACCUMULATED DEPRECIATION OFFICE EQUIPMENT ACC NO Date 2011 Dec 1 3 0 3 1 Explanation Balance Depreciation Expense Office Equipment Office Equipment Depreciation Expense Office Equipment Post Ref. X G38 G38 G38 577.50 1,600.00 Debit Credit 49.50 1520 Balance 6,737.00 6,786.50 6,209.00 7,809.00

STORE EQUIPMENT ACC NO Date 2011 Dec 1 3 1 3 1 Explanation Balance Cash Accumulated Depreciation - Store Equipment Post Ref. X CR23 G38 Debit Credit 2,000.00 3,500.00 1550 Balance 30,269.00 28,269.00 24,769.00

GENERAL LEDGER ACCUMULATED DEPRECIATION STORE EQUIPMENT ACC NO Date 2011 Dec 1 3 1 3 Explanation Balance Depreciation Expense Depreciation Expense Post Ref. X G38 G38
7

1560 Balance

Debit

Credit

9,135.00 1,325.00 10,460.00 3,975.00 6,485.00

1 3 1

Depreciation Expense

G38

2,900.00

9,385.00

NOTES PAYABLE (SHORT-TERM) ACC NO Date 2011 Dec 1 6 Explanation Office Equipment Post Ref. G37 Debit Credit 8600 2000 Balance 8600

ACCOUNTS PAYABLE ACC NO Date 2011 Dec 1 9 1 9 2 9 3 1 3 1 Explanation Balance Merchandize Inventory Office Equipment Merchandize Inventory Merchandize Inventory Cash Payment Post Ref. X G37 G37 G37 P12 CP24
53,453. 00

2010 Balance 49,920.00 49,408.00 50,158.00 49,884.00

Debit 512.00

Credit

750.00 274.00
26,233. 00

76,117.00 22,664.00

GENERAL LEDGER OFFICE SALARIES PAYABLE

ACC NO Date 2011 Dec 1 1 3 3 1 Explanation Balance Cash Office Salaries Expense Post Ref. X CP24 Debit 2,800.00 750.00 Credit

2140 Balance 2,800.00 0.00 750.00

SALES SALARIES PAYABLE ACC NO Date 2011 Dec 1 1 3 3 1 Explanation Balance Cash Sales Salaries Expense Post Ref. X CP24 G39 Debit 1,800.00 1,380.00 Credit 2160 Balance 1,800.00 0.00 1,380.00

UNEARNED RENT REVENUE ACC NO Date 2011 Dec 1 1 3 1 Explanation Balance Cash Rent Revenue Post Ref. X CR23 G39 Debit Credit 2,000.00 5,800.00 2190 Balance 4,840.00 6,840.00 1,040.00

GENERAL LEDGER INTEREST PAYABLE ACC NO Date 2011 Dec 3 1 3 1 Explanation Interest Expense Interest Expense Post Ref. G39 G Debit Credit 280.00 28.67 2300 Balance 280.00 308.67

INCOME TAX PAYABLE ACC NO Date 2011 Dec 1 3 3 1 Explanation Balance Cash Income tax expense Post Ref. X CP24 G39 Debit 1,889.00 63,000. 00 Credit 2350 Balance 1,889.00 0.00 63,000. 00

DIVIDENDS PAYABLE ACC NO Date 2011 Dec 3 1 Explanation Retained Earnings Post Ref. G38 Debit Credit 2,200.00 2500 Balance 2,200.00

10

GENERAL LEDGER NOTES PAYABLE (LONG-TERM PORTION) ACC NO Date 2011 Dec 1 1 Explanation Balance Cash Post Ref. X CP24 Debit 11,000.00 Credit 2690 Balance 44,000.00 33,000.00

SHARE CAPITAL ORDINARY, $10 PAR ACC NO Date 2011 Dec 1 Explanation Balance Post Ref. X Debit Credit 3110 Balance 11,000.00

SHARE PREMIUM - ORDINARY ACC NO Date 2011 Dec 1 Explanation Balance Post Ref. X Debit Credit 3140 Balance 9,048.00

11

GENERAL LEDGER RETAINED EARNINGS ACC NO Date 2011 Dec 1 3 1 Explanation Balance Dividends Payable Post Ref. X G38 Debit 2,200.00 Credit 3200 Balance 25,000.00 22,800.00

INCOME SUMMARY ACC NO Date 2011 Explanation Post Ref. Debit Credit 3500 Balance

SALES
ACC NO Post Ref. X CR23
12

4010

Date 2011 Dec 1 3

Explanation Balance Cash Sales

Debit

Credit
45,941.

Balance 662,258.00 708,199.50

1 3 1

Accounts Receivable Income Summary

S12 755,664.5 0

50 47,465. 00

755,664.50

GENERAL LEDGER
SALES RETURNS AND ALLOWANCES ACC NO Date 2011 Dec 1 8 2 6 3 1 Explanation Balance Accounts Receivable Fantasy Birthdays Accounts Receivable Four Seasons Plaza Income Summary Post Ref. X G37 G37 Debit 844.00 850.00 6,875.00 Credit 4120 Balance 5,181.00 6,025.00 6,875.00

SALES DISCOUNTS ACC NO Date 2011 Dec 1 1 3 1 Explanation Balance Accounts Receivable Four Seasons Plaza Accounts Receivable Income Summary Post Ref. X G37 CR23 Debit 140.00
931.04

4140 Balance 4,427.00 4,567.00 5498.04

Credit

5498.04

13

COST OF GOODS SOLD ACC NO Date 2011 Dec 1 8 2 6 3 1 3 1 3 1 Explanation Balance Merchandize Inventory (Return) Merchandize Inventory (Return) Merchandize Inventory (Sales) Merchandize Inventory Merchandize Inventory Income Summary Post Ref. X G37 G37 CR23 S12 G 18,780.0 0 21,240 11753.27 339508.2 7 Debit Credit 360.00 320.00 5050 Balance 288,415.00 288,055.0 0 281,135.00 299,915.00 321,155.00 339508.27

GENERAL LEDGER ADVERTISING EXPENSE ACC NO Date 2011 Dec 1 2 8 3 1 Explanation Balance Cash Income Summary Post Ref. X CP24 Debit 1,180.00 9,001.00 Credit 6100 Balance 7,821.00 9,001.00

BAD DEBT EXPENSE ACC NO Date 2011 Dec 3 Explanation Allowance for Doubtful Post Ref. G
14

6120 Balance 7432.91

Debit 7432.91

Credit

Accounts Income Summary

7432.91

SALES SALARIES EXPENSE ACC NO Date 2011 Dec 1 1 5 2 8 3 1 Explanation Balance Cash Cash Sales Salaries Payable Income Summary Post Ref. X CP24 CP24 G39 Debit 3,300.00 3,300.00 1,380.00 93,219.00 Credit 6270 Balance 85,239.00 88,539.00 91,839.00 93,219.00

GENERAL LEDGER FREIGHT OUT ACC NO Date 2011 Dec 1 3 1 3 1 Explanation Balance Petty Cash Income Summary Post Ref. X G38 Debit 158.16 4,959.16 Credit 6440 Balance 4,801.00 4,959.16

DEPRECIATION EXPENSE STORE EQUIPMENT ACC NO 6450

15

Date 2011 Dec 3 1 3 1

Explanation
Accumulated Depreciation - Store Equipment Accumulated Depreciation - Store Equipment Income Summary

Post Ref. G38 G38

Debit 1,325.00 2,900.00

Credit

Balance 1325.00 4,225.00

4,225.00

MISCELLANEOUS SELLING EXPENSE ACC NO Date 2011 Dec 1 3 1 Explanation Balance Income Summary Post Ref. X 1,321.00 Debit Credit 6490 Balance 1,321.00

DEPRECIATION EXPENSE BUILDINGS ACC NO Date 2011 Dec 3 1 Explanation Accumulated Depreciation - Buildings Income Summary Post Ref. G38 Debit 5,300.00 5,300.00 Credit 7130 Balance 5,300.00

16

DEPRECIATION EXPENSE OFFICE EQUIPMENT ACC NO Date 2011 Dec 3 0 3 1 Explanation Accumulated Depreciation - Office Equipment Accumulated Depreciation - Office Equipment Income Summary Post Ref. G38 G38 Debit 49.50 1,600.00 1,649.50 Credit 7150 Balance 49.50 1,649.50

INSURANCE EXPENSE ACC NO Date 2011 Dec 3 1 Explanation Prepaid Insurance Income Summary Post Ref. G39 Debit 3,330.00 3,330.00 Credit 7220 Balance 3,330.00

OFFICE SALARIES EXPENSE ACC NO Date 2011 Dec 1 1 5 Explanation Balance Cash Post Ref. X CP24 Debit 1,800.00 Credit 7270 Balance 62,525.00 64,325.00

17

2 8 3 1

Cash Office Salaries Payable Income Summary

CP24 G39

2,100.00 750.00 67,175.00

66,425.00 67,175.00

UTILITIES EXPENSE ACC NO Date 2011 Dec 1 2 5 3 1 Explanation Balance Cash Income Summary Post Ref. X CP24 Debit 380.00 6,289.00 Credit 7320 Balance 5,909.00 6,289.00

SUPPLIES EXPENSE ACC NO Date 2011 Dec 3 1 Explanation Supplies Income Summary Post Ref. G39 Debit 2202.00 2202.00 Credit 7390 Balance 2202.00

TELEPHONE EXPENSE ACC NO 7400

18

Date 2011 Dec 1 2 8

Explanation Balance Cash Income Summary

Post Ref. X CP24

Debit 680.00

Credit

Balance 4,331.00 5,011.00

5,011.00

MISCELLANEOUS GENERAL EXPENSE ACC NO Date 2011 Dec 1 3 1 3 1 Explanation Balance Petty Cash Cash Income Summary Post Ref. X G38 G Debit 46.81 138.00 1661.81 Credit 7420 Balance 1,477.00 1,523.81 1661.81

INTEREST REVENUE ACC NO Date 2011 Dec 1 1 4 3 1 3 1 Explanation Balance Cash Interest Receivable Cash Income Summary Post Ref. X CR23 G39 G 774.03 Debit Credit 120.00 57.17 74.86 8200 Balance 522.00 642.00 699.17 774.03

19

RENT REVENUE ACC NO Date 2011 3 1 Explanation Unearned Rent Revenue Income Summary Post Ref. G39 5,800.00 Debit Credit 5,800.00 8230 Balance 5,800.00

GAIN ON DISPOSAL ACC NO Date 2011 Dec 3 1 Explanation Accumulated Depreciation - Store Equipment Income Summary Post Ref. G38 475.00 Debit Credit 475.00 8260 Balance 475.00

INTEREST EXPENSE ACC NO Date 2011 Dec 1 1 3 1 3 1 Explanation Balance Cash Interest Payable Interest Payable Post Ref. X CP24 G39 G Debit 1,800.00 280.00 28.67 Credit 9050 Balance 4,042.00 5,841.00 6,122.00 6,150.67

20

Income Summary

6,150.67

LOSS ON DISPOSAL ACC NO Date 2011 Dec 3 0 Explanation

Office Equipment

9210 Balance 82.50

Post Ref. G38

Debit 82.50

Credit

Income Summary

82.50

INCOME TAX EXPENSE ACC NO Date 2011 Dec 3 1 Explanation Income tax payable Income Summary Post Ref. G39 Debit 63,000. 00 63,000. 00 Credit 9990 Balance 63,000. 00

21