LỚP: KẾ TOÁN TÀI CHÍNH QUỐC TẾ 1_SÁNG THỨ 4

TÊN THÀNH VIÊN MSSV

1. Lê Thị Dạ Thảo 2221003911
2. Huỳnh Thị Như Ngọc 2221003849
3. Lê Nguyễn Nguyệt Hằng 2221003796
4. Bùi Ngọc Như Ý 2221003966
5. Trần Gia Linh 2221003828
6.Nguyễn Huyền Trâm 2221003937
INTERNATIONAL FINANCIAL ACCOUNTING 1
 ANALYZE BUSINESS TRANSACTIONS
Assets
Trans- + Accounts + Prepaid + = Notes
Cash + Equip
action Receible Insurance Supplies Payable
1 +5,000
2 +3,200
3 +1200
4 -1,200 +1,200
5 -2,600
6 -1,000
7 +2,300
8 -400
9 +5,000 +5,000
10 -500
12,200
E BUSINESS TRANSACTIONS
= Liabilities + Owner's Equity
+ Accounts + Unearned + Owner’s + Owner’s
+ Rev. - Exp.
Payable Revenue Captital Drawings
+5,000
+3,200
+1,200

-2,600
-1,000
+2,300
-400

-500
12,200
 GENERAL JOURNAL
Date Account Title Debit Credit
Cash 5,000
1
Owner’s Capital 5,000
Equipment 3,200
2
Accounts Payable 3,200
Cash 1,200
3
Unearned Revenue 1,200
Prepaid Insurance 1,200
4
Cash 1,200
Salaries and Wages Expense 2,600
5
Cash 2,600
Owner’s Drawings 1,000
6
Cash 1,000
Accounts Receivable 2,300
7
Service Revenue 2,300
Advertising Expense 400
8
Cash 400
Cash 5,000
9
Notes Payable 5,000
Rent Expense 500
10
Cash 500
22,400 22,400
 POST TO LEDGER ACCOUNT
CASH PREPAID INSURANCED
Date ExplanationDebit Credit Balance Date Explanation Debit Credit Blance
1 5,000 5,000 4 1,200 1,200
3 1,200 6,200
4 1,000 5,200
5 2,600 2,600 SALARIES AND WAGES EXPENSE
6 1,200 1,400 Date Explanation Debit Credit Blance
8 400 1,000 5 2,600 2,600
9 5,000 6,000
10 500 5,500
OWNER'S DRAWINGS
Date Explanation Debit Credit Balance
OWNER'S CAPITAL 6 1,000 1,000
Date ExplanationDebit Credit Blance
1 5,000 5,000
ACCOUNTS RECEIVABLE
Date Explanation Debit Credit Balance
EQUIPMENT 7 2,300 2,300
Date ExplanationDebit Credit Balance
2 3,200 3,200
SERVICE REVENUE
Date Explanation Debit Credit Blance
ACCOUNTS PAYABLE 7 2,300 2,300
Date ExplanationDebit Credit Blance
2 3,200 3,200
ADVERTISING EXPENSE
Date Explanation Debit Credit Blance
UNEARNED SERVICE 8 400 400
Date ExplanationDebit Credit Blance
3 1,200 1,200
 NOTES PAYABLE
Date Explanation Debit Credit Blance
9 5,000 5,000

RENT EXPENSE
Date Explanation Debit Credit Blance
10 500 500
 TRIAL BALANCE
Account titles Debit Credit
Cash 5,500
Account Receivable 2,300
Equiment 3,200
Prepaid Insurnace 1,200
Notes Payable 5,000
Unearned Revenue 1,200
Accounts Payable 3,200
Owner's Capital 5,000
Owner's Drawing 1,000
Service Revenue 2,300
Salaries and Wages Expense 2,600
Advertising Expense 400
Rent Expense 500
Total 16,700 16,700
 JOURNALIZE ADJUSTING ENTRIES
1. Depreciation Expense 700
Accummulated Depreciation 700
2. Utility Expense 500
Utility Payable 500
3. Interest Expense 400
Interest Payable 400
4. Insurance Expense 200
Prepaid Insurance 200
5. Unearned Revenue 400
Service Revenue 400

POSTING ADJUSTING ENTRIES

Depreciation Expense Accummulated Depreciation

700 700
700 700

Utility Expense Utility Payable

500 500
500 500

Interest Expense Interest Payable

400 400
400 400

Insurance Expense Prepaid Insurance

200 1.200
200 200
1.000

Unearned Revenue Service Revenue

1.200 400
400 400
800
 ADJUSTED TRIAL BALANCE
August 31 2024
Account Debit Credit
Cash 5,500
Account Receivable 2,300
Equipment 3,200
Accumulated depreciation 700
Prepaid Insurnace 1,000
Notes Payable 5,000
Unearned Revenue 800
Accounts Payable 3,200
Owner's Capital 5,000
Owner's Drawing 1,000
Service Revenue 2,700
Salaries and Wages Expense 2,600
Advertising Expense 400
Rent Expense 500
Depreciation expense 700
Utility expense 500
Utility payable 500
Interest expense 400
Interest payable 400
Insurance expense 200
18,300 18,300
 Winx Company Winx Company
Income Statement Owner's Equity Statement
For the Month Ended August 31, 2023 For the Month Ended August 31, 2023
Revenues Owner's capital December 31 $0
Service revenue 2,700 Add : Investments 5,000
Expense 5,000
Advertising Expense 400 Net loss 2,600
Rent Expense 500 2,400
Depreciation expense 700 Less: Drawings 1,000
Insurance Expense 200 Owner's capital August 31 1,400
Salaries and Wages Expense 2,600
Utility expense 500
Interest expense 400
Total Expense 5,300
Net income - 2,600
 Winx Company
Balance Sheet
For the Month Ended August 31, 2023
Assets
Cash 5,500
Account Receivable 2,300
Equiment 3,200
Prepaid Insurance 1,000
Less
Accumulated depreciation 700
Total Assets : 11,300
Liabilities and Owner's Equity
Accounts Payable 3,200
Unearned Service Revenue 800
Notes Payable 5,000
Ultility Payable 500
Interest Payable 400
Total : Liabilities 9,900
Owner's equity
Owner's capital 1,400
Total : Liabilities and Owner's equity 11,300
 GENERAL JOURNAL
August 31 2024 Advertising Expense
Account Titles and Explanation Debit Credit 400 (2) 400
Closing entries
1
Service Revenue 2,700 Rent Expense
Income Summary 2,700 500 (2) 500
2
Income Summary 5,300 Income Summary
Advertising Expense 400 Depreciation Expense (2) 5.300
Rent Expense 500 700 (2) 700
Depreciation Expense 700 5,300
Insurance Expense 200
Salaries and Wages Expense 2,600 Insurance Expense
Utilities Expense 500 200 (2) 200
Interest Expense 400 Owner's Capital
3 (4) 1.000
Owner's Capital 2,600 Salaries and Wages Expense (3) 2,600
Income Summary 2,600 2,600 (2) 2.600 3,600
4
Owner's Capital 1,000
Owner's Drawings 1,000 Utilities Expense
500 (2) 500
Owner's Drawings
1,000
Interest Expense
400 (2) 400
 Service Revenue
(1) 2.700 2,700

Income Summary
(1) 2.700
(3) 2,600
5,300

Owner's Capital
5,000
1,400

Owner's Drawings
(4) 1.000
 POST - CLOSING TRIAL BALANCE
Accounts title Debit Credit
Cash 5,500
Accounts Receivable 2,300
Prepaid Insurance 1,000
Equipment 3,200
Accumulated Depreciation - Equipmen 700
Notes Payable 5,000
Utility Payable 500
Accounts Payable 3,200
Unearned Service Revenue 800
Interest Payable 400
Owner's Capital 1,400
Total 12,000 12,000