APPENDIX D     

                       PRINT - LANDSCAPE FORMAT / COLOR

CORPORATE

POST CLOSING TRIAL BALANCE

DECEMBER 31, 2001

 

GOVERNMENT ACCOUNTING PROTOTYPE (GAP)

POST CLOSING TRIAL BALANCE

DECEMBER 31, 2001

DEBIT CREDIT DEBIT CREDIT
CASH 524,750 CASH (END OF FISCAL YR) 524,750
ACCOUNTS RECEIVABLE 9,000 ACCOUNTS RECEIVABLE 9,000
ALLOWANCE FOR BAD DEBT 1,000 ALLOWANCE FOR BAD DEBT 1,000
TRAVEL ADVANCES 5,500 TRAVEL ADVANCES 5,500
PREPAID LICENSING FEES 6,750 PREPAID LICENSING FEES 6,750
OFFICE EQUIPMENT 17,500 OFFICE EQUIPMENT 17,500
ACCUM. DEPRECIATION 600 ACCUMULATED DEPRECIATION 600
PURCHASE DISCOUNT 200 PURCHASE DISCOUNT 200
OFFICE EQUIPMENT CONTRACTORS 3,000 OFFICE EQUIPMENT - CONTRACTORS 3,000
TRANSP. EQUIPMENT 15,000  TRANSPORTATION EQUIPMENT 15,000
ECS -CASH TRFR  (ADV. PAY.) 60,000
ECS - BUDGET RCPTS (B / P) 28,500
ECS - BUDGET RCPTS (REIMB.) 5,000
ACCOUNTS PAYABLE 15,000 ACCOUNTS PAYABLE 15,000
BONDS PAYABLE 26,000 BONDS PAYABLE 26,000
PREM. ON BONDS PAYABLE 2,450 PREMIUM ON BONDS PAYABLE 2,450
ADVANCES PAYABLE 40,000 ADVANCES PAYABLE 40,000
SALARY PAYABLE 3,000 SALARY PAYABLE 3,000
PREFERRED STOCK 500,000 UNPAID OBLIGATIONS (CFY) 17,300
PREMIUM ON STOCK 100,000 EXPENDED BUDGET (CFY) 168,750
UNOBLIGATED C/O 507,450
CAPITAL STOCK = XXXX - XXXX - XXXX
500,000+100,000=   693,500   -  93,500 - 0
           600,000= 600,000
RETAINED EARNINGS 106,750 RETAINED INCOME / EXP. 106,750
TOTAL 688,250 688,250 TOTAL 781,750 781,750
  Copyright 1999  Larry Fisher