APPENDIX F         

  PRINT - LANDSCAPE FORMAT / COLOR

CORPORATE

TRIAL BALANCE

JANUARY 1, 2002

 

GOVERNMENT ACCOUNTING PROTOTYPE (GAP)

TRIAL BALANCE

JANUARY 1, 2002

DEBIT CREDIT DEBIT CREDIT
CASH 524,750 CASH UNOBLIGATED C/O   PFY 507,450
CASH (UNPAID OBLIGATIONS)  PFY 17,300
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 TRANSFER (ADV.  PAY.) 60,000
ECS - BUDGET RCPTS. (BONDS PAY.) 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
PREFERRED STOCK 500,000 FUNDED BUDGET 507,450
PREMIUM ON STOCK 100,000 UNPAID OBLIGATIONS (PFY) 17,300
EXPENDED BUDGET (PFY) 168,750
CAPITAL STOCK = XXXX - XXXX - XXXX
500,000+100,000= 693,500 - 93,500 - 0
           600,000= 600,000
RETAINED EARNINGS 106,750 RETAINED INCOME / EXPENSE 106,750
SALARY EXPENSE 3,000 SALARY EXPENSE 3,000
TOTAL 688,250 688,250 TOTAL 781,750 781,750

Note: 

 

CASH (UNOBLIGAGTED C/O) PFY  = FUNDED BUDGET = 507,450

CASH (UNPAID OBLIGATIONS) PFY = UNPAID OBLIGATIONS (PFY) = 17,300

The cash and budget relationships (above) clearly illustrate the integrated nature of GAP.  That is, a single trial balance now generates both the Budget Resources and Status Report (BRSR) and the Balance Sheet.   See Appendix F-2

  Copyright 1999  Larry Fisher