340-Case-1-Acct Cycle-15a
dental doctor
340-case1-check_figures_for_accounting_cycle-revised-15a.docxCheck Figures for Case 1
On the Worksheet:
1. The debit and credit columns of your AJE’s should total to: $ 1,008,366
2. The Adjusted Trial Balance columns should total to: $15,260,054
3. Net Income from Income Summary (the third closing entry)
should be $ 618,609*
*This should match Net Income reported on CY Inc. Stmt.
4. Total Stockholder’s Equity on CY Balance Sheet should be: $ 1,685,678**
**This should match your end. Bal. on
Statement of Stockholder’s Equity
