GENETAL JOURNAL PAGE 1

POST.
DATE DESCRIPTION REF. DEBIT CREDIT
2023
May 1 Cash in Bank 101 50,000.00
Jack Hines, Capital 301 50,000.00
Memo 1
2 Office Equipment 135 3,500.00
Jack Hines, Capital 301 3,500.00
Memo 2
2 Office Supplies 130 125.00
Cash in Bank 101 125.00
Check 101
3 Office Furniture 140 2,700.00
Accts. Pay.-Office Systems 210 2,700.00
Invoice 457
7 Web Server 35,000.00
Accts. Pay.-Computer Specialists Inc, 205 35,000.00
Incoive WS4658421
9 Cash in Bank 101 1,000.00
Web Service Fees 401 1,000.00
Receipt 101
11 Accts. Rec.-Andrew Hospital 105 3,000.00
Web Service Fees 401 3,000.00
Invoice 101
12 Web Server 145 10,000.00
Accts. Pay.-Service Plus Software Inc. 215 10,000.00
Invoice 876
14 Utilities Expense 508 118.00
Cash in Bank 101 118.00
Check 102
15 Jack Hines Withdrawals 305 2,500.00
Cash in Bank 101 2,500.00
Check 103
17 Accts. Rec.-Sunshine Products 115 5,000.00
Web Server 145 5,000.00
Invoice 102
18 Office Furniture 140 275.00
Cash in Bank 101 275.00
Check 104
19 Cash in Bank 101 4,000.00
Web Service Fees 401 4,000.00
Receipt 102
 GENETAL JOURNAL
POST.
DATE DESCRIPTION REF. DEBIT
2023
May 20 Accts. Rec.- Indiana Trucking 110 2,000.00
Web Server Fees 401
Invoice 103
21 Cash in Bank 101 2,500.00
Accts. Rec.-Sunshine Products 115
Receipt 103
22 Telecommunication Exense 506 4,900.00
Cash in Bank 101
Chack 105
22 Accts. Pay.-Service Plus Software Inc. 215 3,333.00
Cash in Bank 101
Check 100
25 Accts. Pay.-Office Systems 210 2,000.00
Cash in Bank 101
Check 107
26 Cash in Bank 101 1,000.00
Web Server 145
Receipt 104
27 Membership Expense 505 7,000.00
Cash in Bank 101
Check 108
30 Rent Expense 507 750.00
Cash in Bank 101
Check 109
30 Jack Hines, Withdrawals 305 2,500.00
Cash in Bank 101
Check 110
30 Accts.Pay.-Computer Specialist Inc. 205 25,000.00
Cash in Bank 101
Check 111
PAGE 2

CREDIT

2,000.00

2,500.00

4,900.00

3,333.00

2,000.00

1,000.00

7,000.00

750.00

2,500.00

25,000.00
 Canyon.com Web Sites
Trial Balance
For the month ending May 31,2023
DEBIT CREDIT
101 Cash in Bank 9,999.00
105 Accts. Rec.-Andrew Hospital 3,000.00
110 Accts. Rec.-Indian Trucking 2,000.00
115 Accts. Rec.-Sunshine Products 2,500.00
130 Office Supplies 125.00
135 Office Equipment 3,500.00
140 Office Furniture 2,975.00
145 Web Server 45,000.00
205 Accts. Pay.-Computer Specialist Inc. 10,000.00
210 Accts. Pay.-Office Systems 700.00
215 Accts. Pay.-Service Plus Software Inc. 6,667.00
301 Jack Hines, Capital 53,500.00
305 Jack Hines, Withdrawals 5,000.00
401 Web Server Fees 16,000.00
505 Membership Expense 7,000.00
506 Telecommunicate Expense 4,900.00
507 Rent Expense 750.00
508 Utilities Expense 118.00
Totals 86,867.00 86,867.00
 Canyon.com
Work Sheet
For the month ending May 31,2023
Acct. Trial Balance Income Statement
No. Account Name DEBIT CREDIT DEBIT CREDIT
101 Cash in Bank 9,999.00
105 Accts. Rec.-Andrew Hospital 3,000.00
110 Accts. Rec.-Indian Trucking 2,000.00
115 Accts. Rec.-Sunshine Products 2,500.00
130 Office Supplies 125.00
135 Office Equipment 3,500.00
140 Office Furniture 2,975.00
145 Web Server 45,000.00
205 Accts. Pay.-Computer Specialist Inc. 10,000.00
210 Accts. Pay.-Office Systems 700.00
215 Accts. Pay.-Service Plus Software Inc. 6,667.00
301 Jack Hines, Capital 53,500.00
305 Jack Hines, Withdrawals 5,000.00
401 Web Server Fees 16,000.00 16,000.00
505 Membership Expense 7,000.00 7,000.00
506 Telecommunicate Expense 4,900.00 4,900.00
507 Rent Expense 750.00 750.00
508 Utilities Expense 118.00 118.00
86,867.00 86,867.00 12,768.00 16,000.00
Net Income 3,232.00
16,000.00 16,000.00
 Balance Sheet
DEBIT CREDIT
9,999.00
3,000.00
2,000.00
2,500.00
125.00
3,500.00
2,975.00
45,000.00
10,000.00
700.00
6,667.00
53,500.00
5,000.00

74,099.00 70,867.00
3,232.00
74,099.00 74,099.00
 Canyon.com Web Sites
Income Statement
For the month ending May 31,2023
Revenue:
Web Server Fees 16,000.00
Expenses:
Membership Expense 7,000.00
Telecommunicate Expense 4,900.00
Rent Expense 750.00
Utilities Expense 118.00
Total Expense 12,768.00
Net Income 3,232.00
 Canyon.com Web Sites
Statement of Changes in Owner's Equity
For the month ending May 31,2023
Beginning Capital, May 1,2023
Add: Investments by Owner 53,500.00
Net Income 3,232.00
Total Increase in Capital 56,732.00
Subtotal 56,732.00
Less: Withdrawals by Owner 5,000.00
Ending Capital, May 31, 2023 51,732.00
 Canyon.com Web Sites
Balance Sheet
May 31,2023
Assets
Cash in Bank 9,999.00
Accts. Rec.-Andrew Hospital 3,000.00
Accts. Rec.-Indian Trucking 2,000.00
Accts. Rec.-Sunshine Products 2,500.00
Office Supplies 125.00
Office Equipment 3,500.00
Office Furniture 2,975.00
Web Server 45,000.00
Total Assets 69,099.00
Liabilities
Accts. Pay.-Computer Specialist Inc. 10,000.00
Accts. Pay.-Office Systems 700.00
Accts. Pay.-Service Plus Software Inc. 6,667.00
Total Liabilities 17,367.00
Owner's Equity
Jack Hines, Capital 51,732.00
Total Liabilities and Owner's Equity 69,099.00