1. 2011 TRIAL BALANCE & WORK PAPERS
Company Name, Inc.
Cash Basis
July 24, 2012
Prepared by: Jordan Merritt
PROFESSIONAL BOOKKEEPING FOR SMALL BUSINESSES
www.merrittbookkeeping.com | office: (818) 514-5234 | Jordan.m@merrittbookkeeping.com
2. Cash Basis
Company Name, Inc.
Trial Balance
As of December 31, 2011
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Account Debit Credit Detail Backup
Checking - B of A (6932) 17,630.57 Page 11 Rec. - Page 3 / Stmt. - Page 4
Savings - B of A (8019) 53,487.89 Page 11 Rec. - Page 5 / Stmt. - Page 6
Due from Shareholder 61,100.00 Page 11
Computer Equipment 2,000.00 Page 11
Equipment 33,989.00 Page 11 2010 Schedule L - Page 7
Equipment:Accumulated Depreciation 30,085.00 Page 11 2010 Schedule L - Page 7
Furniture 1,200.00 Page 12
Dell Computer Loan 1,700.00 Page 12 Amortization Sched. - Page 8
Small Business Loan 53,312.85 Page 12 Amortization Sched. - Page 9
Retained Earnings 44,713.00 Page 12 2010 Schedule L - Page 7
Service Income 111,536.21 Page 12
Automobile Expense:Lease Payments 11,000.00 Page 12
Dues and Subscriptions 1,100.00 Page 12
Fees:Bank Service Charges 12.00 Page 12
Interest Expense 3,045.54 Page 13
Legal Fees 9,292.40 Page 13
Meals and Entertainment 6,500.00 Page 13
Professional Services:Accounting 6,830.34 Page 13
Professional Services:Assistant 1,019.84 Page 13
Professional Services:Consulting 30,000.00 Page 13
Rent Expense 1,600.00 Page 13
Taxes:State 800.00 Page 13
Telephone Expense 900.00 Page 13
Interest Income 160.52 Page 14 Stmt. - Page 6
Total 241,507.58 241,507.58
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Company Name, Inc.
Reconciliation Summary
Checking - B of A (6932), Period Ending 12/31/2011
Dec 31, 11
Beginning Balance 34,540.70
Cleared Transactions
Checks and Payments - 9 items -23,106.78
Deposits and Credits - 2 items 8,696.65
Total Cleared Transactions -14,410.13
Cleared Balance 20,130.57
Uncleared Transactions
Checks and Payments - 1 item -2,500.00
Total Uncleared Transactions -2,500.00
Register Balance as of 12/31/2011 17,630.57
Ending Balance 17,630.57
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Ba nk of Amer ica , N .A. P a ge 1 of 3
P .O. Box 25118 Sta tement P er iod
Ta mpa , F L 33622-5118 12/01/11 th r ou gh 12/31/11
E0 E P B EB 62 0167347
Accou n t N u mber 6932
31487 E01 SCM999 0
Our Online Ba nking ser vice a llows you to ch eck ba la n ces, tr a ck a ccou n t a ctivity a n d mor e.
Wit h On lin e Ba n k in g y o u c a n a lso v ie w u p t o 18 m o n t h s o f t h is st a t e m e n t o n lin e .
E n r oll a t www.ba nkofa mer ica .com/sma llbusiness.
Customer Service Information
www.bankofamerica.com
F or addit ional infor mat ion or ser vice, you may call: Or you may wr it e t o:
1.888.BU SIN E SS (1.888.287.4637) Bank of Amer ica, N .A.
P .O. Box 25118
Tampa, F L 33622-5118
Deposit Accounts
Business Economy Checking
You r A ccou n t at a Glan ce
Account N umber St at ement Beginning Balance $11,137.01
St at ement P er iod 12/01/11 t h Amount of Deposit s/Cr edit s $18,843.76
N umber of Deposit s/Cr edit s 9 Amount of Wit hdr awals/Debit s $9,850.20
N umber of Wit hdr awals/Debit s 8 St at ement E nding Balance $20,130.57
N umber of Deposit ed It ems 0
Aver age Ledger Balance $18,994.15
N umber of Days in Cycle 31 Ser vice Char ge $0.00
Remember, by using your Bank of America Small Business Check Card, Bank of America provides you with another way to avoid
the monthly maintenance fee on your business checking account.
Page 4
5. Back to Trial Balance
Company Name, Inc.
Reconciliation Summary
Savings - B of A (8019), Period Ending 12/31/2011
Dec 31, 11
Beginning Balance 53,481.92
Cleared Transactions
Deposits and Credits - 1 item 5.97
Total Cleared Transactions 5.97
Cleared Balance 53,487.89
Register Balance as of 12/31/2011 53,487.89
Ending Balance 53,487.89
Page 1
Page 5
6. H
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Ba nk of Amer ica , N .A. P a ge 1 of 3
P .O. Box 25118 Sta tement P er iod
Ta mpa , F L 33622-5118 12/01/11 th r ou gh 12/31/11
E0 E P A EA 23 0468007
E nclosur es 0
8019
03487 E01 SCM999 0
Our Online Ba nking ser vice a llows you to ch eck ba la n ces, tr a ck a ccou n t a ctivity a n d mor e.
E n r oll a t www.ba nkofa mer ica .com.
Customer Service Information
www.bankofamerica.com
F or addit ional infor mat ion or ser vice, you may call: Or you may wr it e t o:
1.888.BU SIN E SS (1.888.287.4637) Bank of Amer ica, N .A.
P .O. Box 25118
Tampa, F L 33622-5118
Deposit Accounts
Business Interest Maximizer
You r A ccou n t at a Glan ce
Account N umber St at ement Beginning Balance $53,481.92
St at ement P er iod 12/01/11 t h Amount of Deposit s/Cr edit s $262,738.87
N umber of Deposit s/Cr edit s 3 Amount of Wit hdr awals/Debit s $262,732.90
N umber of Wit hdr awals/Debit s 2 St at ement E nding Balance $53,487.89
N umber of Days in Cycle 31 Aver age Collect ed Balance $78,907.87
Aver age Ledger Balance $78,907.87
Ser vice Char ge $0.00
In t eres t In form at ion
Amount of Int er est P aid $5.97 Int er est P aid Year -t o-Dat e $160.52
An nual P er cent age Yield E ar ned Wit hholding Year -t o-Dat e $0.00
This St at ement P er iod 0.09%
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Form 1120S (2010) THE TREE HOUSE SCHOOL, INC. 27-1230984 Page 4
Schedule L Balance Sheets per Books Beginning of tax year End of tax year
Assets (a) (b) (c) (d)
1 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 834. 33,534.
2 a Trade notes and accounts receivable. . . . . . . .
b Less allowance for bad debts . . . . . . . . . . . . . . .
3 Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 U.S. government obligations. . . . . . . . . . . . . . . .
5 Tax-exempt securities (see instructions). . . . .
6 Other current assets (attach stmt). . . . . SEE. . ST . .4 .
.... ... . 1,275.
7 Loans to shareholders. . . . . . . . . . . . . . . . . . . . . .
8 Mortgage and real estate loans . . . . . . . . . . . . .
9 Other investments (attach statement) . . . . . . . . . . . . . . .
10 a Buildings and other depreciable assets. . . . . . 33,989.
b Less accumulated depreciation . . . . . . . . . . . . . 30,085. 3,904.
11 a Depletable assets. . . . . . . . . . . . . . . . . . . . . . . . . .
b Less accumulated depletion . . . . . . . . . . . . . . . .
12 Land (net of any amortization). . . . . . . . . . . . . .
13 a Intangible assets (amortizable only). . . . . . . . .
b Less accumulated amortization . . . . . . . . . . . . .
14 Other assets (attach stmt). . . . . . . . . . . .ST. . 5.
SEE . . . 6,000. 6,000.
15 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,834. 44,713.
Liabilities and Shareholders' Equity
16 Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . .
17 Mortgages, notes, bonds payable in less than 1 year . . . .
18 Other current liabilities (attach stmt). . . . . . . . . . . . . . . .
19 Loans from shareholders . . . . . . . . . . . . . . . . . . . 15,000.
20 Mortgages, notes, bonds payable in 1 year or more . . . . .
21 Other liabilities (attach statement). . . . . . . . . . . . . . . . . .
22 Capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.
23 Additional paid-in capital . . . . . . . . . . . . . . . . . . .
24 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . .
. -8,166. 44,713.
25 Adjustments to shareholders' equity (att stmt). . . . . . . . .
26 Less cost of treasury stock . . . . . . . . . . . . . . . . .
27 Total liabilities and shareholders' equity . . . . . 6,834. 44,713.
Schedule M-1 Reconciliation of Income (Loss) per Books With Income (Loss) per Return
Note: Schedule M-3 required instead of Schedule M-1 if total assets are $10 million or more ' see instructions
1 Net income (loss) per books. . . . . . . . . . . . . . . . 52,879. 5 Income recorded on books this year not included
2 Income included on Schedule K, lines 1, 2, 3c, 4, 5a, 6, 7, on Schedule K, lines 1 through 10 (itemize):
8a, 9, and 10, not recorded on books this year (itemize): a Tax-exempt interest. $
3 Expenses recorded on books this year not 6 Deductions included on Schedule K, lines 1 through
included on Schedule K, lines 1 through 12, 12, and 14l, not charged against book income this
and 14l (itemize): year (itemize):
a Depreciation. . . . . . . . $ a Depreciation. . . . $
b Travel and entertainment . $ 3,570.
3,570. 7 Add lines 5 and 6. . . . . . . . . . . . . . . . . . . . . . . 0.
56,449. 8 Income (loss) (Schedule K, ln 18). Ln 4 less ln 7 . . .
4 Add lines 1 through 3 . . . . . . . . . . . . . . . . . . . . . . 56,449.
Schedule M-2 Analysis of Accumulated Adjustments Account, Other Adjustments Account, and
Shareholders' Undistributed Taxable Income Previously Taxed (see instructions)
(a) Accumulated (b) Other (c) Shareholders' undis-
tributed taxable income
adjustments account adjustments account previously taxed
1 Balance at beginning of tax year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.
2 Ordinary income from page 1, line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82,312.
3 Other additions . . . . . . . . . . . . . . . . . . . . . . .SEE . .STATEMENT . .6 . . . . .
.... ............. . 6.
4 Loss from page 1, line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.
5 Other reductions. . . . . . . . . . . . . . . . . . . . . .SEE . .STATEMENT . .7 . . . . .
.... ............. . ( 29,439.)
6 Combine lines 1 through 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,879.
7 Distributions other than dividend distributions. . . . . . . . . . . . . . . . . . . . . .
8 Balance at end of tax year. Subtract line 7 from line 6. . . . . . . . . . . . . . 52,879.
SPSA0134L 07/22/10 Form 1120S (2010)
Page 7
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Company Name, Inc.
General Ledger
Cash Basis As of December 31, 2011
Type Date Memo Split Debit Credit Balance
Checking - B of A (6932) 33,534.00
Deposit 1/4/2011 Deposit Service Income 30,000.00 63,534.00
Transfer 1/5/2011 Funds Transfer Savings - B of A (8019) 59,975.12 3,558.88
Deposit 1/31/2011 Deposit Service Income 6,000.00 9,558.88
Deposit 2/28/2011 Service Income 1,709.89 11,268.77
Deposit 2/28/2011 Deposit Service Income 6,000.00 17,268.77
Check 3/1/2011 Due from Shareholder 5,000.00 12,268.77
Deposit 3/1/2011 Loan Payback Due From John Smith 1,275.00 13,543.77
Check 3/2/2011 Legal Fees 2,651.40 10,892.37
Check 3/2/2011 Telephone Expense 100.00 10,792.37
Check 3/7/2011 Lease Payments 1,100.00 9,692.37
Check 3/14/2011 Legal Fees 1,653.00 8,039.37
Deposit 3/28/2011 Service Income 1,709.89 9,749.26
Deposit 3/31/2011 Deposit Service Income 6,000.00 15,749.26
Check 4/1/2011 Due from Shareholder 5,000.00 10,749.26
Deposit 4/1/2011 Returned Security Deposit Security Deposit 6,000.00 16,749.26
Check 4/4/2011 2011 Franchise Tax Payment State 800.00 15,949.26
Check 4/4/2011 Telephone Expense 100.00 15,849.26
Check 4/7/2011 Lease Payments 1,100.00 14,749.26
Check 4/18/2011 Legal Fees 1,262.50 13,486.76
Check 4/29/2011 Due from Shareholder 5,000.00 8,486.76
Deposit 4/30/2011 Deposit Service Income 6,000.00 14,486.76
Deposit 5/1/2011 5 years, 8% interest Small Business Loan 60,000.00 74,486.76
Check 5/5/2011 Telephone Expense 100.00 74,386.76
Check 5/6/2011 Lease Payments 1,100.00 73,286.76
Check 5/13/2011 Meals and Entertainment 6,500.00 66,786.76
Check 5/20/2011 Legal Fees 1,262.50 65,524.26
Check 5/27/2011 Annual membership dues Dues and Subscriptions 1,000.00 64,524.26
Check 5/31/2011 -SPLIT- 1,216.58 63,307.68
Deposit 5/31/2011 Deposit Service Income 6,000.00 69,307.68
Check 5/31/2011 Consulting 10,000.00 59,307.68
Check 6/1/2011 Due from Shareholder 5,000.00 54,307.68
Check 6/2/2011 Telephone Expense 100.00 54,207.68
Transfer 6/6/2011 Funds Transfer Savings - B of A (8019) 6,647.75 60,855.43
Check 6/7/2011 Lease Payments 1,100.00 59,755.43
Check 6/7/2011 Week of 5/30/11 Assistant 77.77 59,677.66
Check 6/9/2011 Wire transfer fee Bank Service Charges 12.00 59,665.66
Check 6/14/2011 Week of 6/6/11 Assistant 134.00 59,531.66
Check 6/23/2011 Week of 6/13/11 Assistant 135.30 59,396.36
Check 6/27/2011 Week of 6/20/11 Assistant 222.63 59,173.73
Check 6/27/2011 Office Desk Furniture 1,200.00 57,973.73
Check 6/30/2011 -SPLIT- 1,216.59 56,757.14
Deposit 6/30/2011 Deposit Service Income 6,000.00 62,757.14
Check 7/1/2011 Due from Shareholder 5,000.00 57,757.14
Check 7/7/2011 Lease Payments 1,100.00 56,657.14
Check 7/12/2011 Tax Preparation Accounting 936.59 55,720.55
Check 7/13/2011 Week of 7/4/11 Assistant 114.36 55,606.19
Check 7/15/2011 Bookkeeping Accounting 1,125.00 54,481.19
Check 7/30/2011 -SPLIT- 1,216.59 53,264.60
Deposit 7/30/2011 Deposit Service Income 6,000.00 59,264.60
Check 7/31/2011 Consulting 10,000.00 49,264.60
Check 8/1/2011 Due from Shareholder 1,000.00 48,264.60
Check 8/5/2011 Lease Payments 1,100.00 47,164.60
Check 8/5/2011 Week of 7/24/11 Assistant 109.26 47,055.34
Check 8/8/2011 Telephone Expense 100.00 46,955.34
Check 8/25/2011 Due from Shareholder 4,000.00 42,955.34
Check 8/26/2011 Bookkeeping Accounting 975.00 41,980.34
Check 8/31/2011 Week of 8/1/11 Assistant 60.24 41,920.10
Check 8/31/2011 -SPLIT- 1,216.58 40,703.52
Deposit 8/31/2011 Deposit Service Income 6,000.00 46,703.52
Check 9/1/2011 Due from Shareholder 1,000.00 45,703.52
Check 9/2/2011 Due from Shareholder 4,000.00 41,703.52
Check 9/2/2011 Office rent Rent Expense 400.00 41,303.52
Check 9/6/2011 Telephone Expense 100.00 41,203.52
Check 9/7/2011 Lease Payments 1,100.00 40,103.52
Check 9/12/2011 Week of 9/2/11 Assistant 76.08 40,027.44
Deposit 9/28/2011 Service Income 1,709.89 41,737.33
Check 9/30/2011 Due from Shareholder 1,000.00 40,737.33
Check 9/30/2011 -SPLIT- 1,216.59 39,520.74
Deposit 9/30/2011 Deposit Service Income 6,000.00 45,520.74
Check 9/30/2011 Consulting 10,000.00 35,520.74
Check 10/3/2011 Due from Shareholder 4,000.00 31,520.74
Check 10/3/2011 Telephone Expense 100.00 31,420.74
Check 10/5/2011 Office Rent Rent Expense 400.00 31,020.74
Check 10/7/2011 Lease Payments 1,100.00 29,920.74
Check 10/25/2011 Dell Computer Loan 100.00 29,820.74
Check 10/31/2011 -SPLIT- 1,216.59 28,604.15
Deposit 10/31/2011 Deposit Service Income 6,000.00 34,604.15
Page 1
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11. Back to Trial Balance
Company Name, Inc.
General Ledger
Cash Basis As of December 31, 2011
Type Date Memo Split Debit Credit Balance
Check 11/1/2011 Due from Shareholder 1,000.00 33,604.15
Check 11/4/2011 Bookkeeping Accounting 1,293.75 32,310.40
Check 11/4/2011 Office Rent Rent Expense 400.00 31,910.40
Check 11/7/2011 For Lavelle and Finn LLP Legal Fees 2,463.00 29,447.40
Check 11/7/2011 Lease Payments 1,100.00 28,347.40
Check 11/7/2011 Telephone Expense 100.00 28,247.40
Check 11/15/2011 Annual fees due for business license Dues and Subscriptions 100.00 28,147.40
Check 11/23/2011 Dell Computer Loan 100.00 28,047.40
Deposit 11/28/2011 Service Income 1,709.89 29,757.29
Check 11/30/2011 -SPLIT- 1,216.59 28,540.70
Deposit 11/30/2011 Deposit Service Income 6,000.00 34,540.70
Check 12/1/2011 Due from Shareholder 13,100.00 21,440.70
Check 12/5/2011 Due from Shareholder 6,000.00 15,440.70
Check 12/5/2011 Office Rent Rent Expense 400.00 15,040.70
Check 12/6/2011 Telephone Expense 100.00 14,940.70
Check 12/7/2011 Lease Payments 1,100.00 13,840.70
Check 12/13/2011 Week of 12/3/11 Assistant 90.20 13,750.50
Check 12/22/2011 Dell Computer Loan 100.00 13,650.50
Deposit 12/28/2011 Service Income 2,696.65 16,347.15
Check 12/30/2011 Due from Shareholder 1,000.00 15,347.15
Check 12/30/2011 Tax Preparation Accounting 2,500.00 12,847.15
Check 12/31/2011 -SPLIT- 1,216.58 11,630.57
Deposit 12/31/2011 Deposit Service Income 6,000.00 17,630.57
Total Checking - B of A (6932) 185,458.96 201,362.39 17,630.57
Savings - B of A (8019) 0.00
Transfer 1/5/2011 Funds Transfer Checking - B of A (6932) 59,975.12 59,975.12
Deposit 1/31/2011 Deposit Interest Income 11.01 59,986.13
Deposit 2/28/2011 Deposit Interest Income 13.56 59,999.69
Deposit 3/31/2011 Deposit Interest Income 10.56 60,010.25
Deposit 4/30/2011 Deposit Interest Income 12.11 60,022.36
Deposit 5/30/2011 Deposit Interest Income 19.56 60,041.92
Transfer 6/6/2011 Funds Transfer Checking - B of A (6932) 6,647.75 53,394.17
Deposit 6/30/2011 Deposit Interest Income 15.40 53,409.57
Deposit 7/30/2011 Deposit Interest Income 15.55 53,425.12
Deposit 8/30/2011 Deposit Interest Income 13.62 53,438.74
Deposit 9/30/2011 Deposit Interest Income 20.24 53,458.98
Deposit 10/30/2011 Deposit Interest Income 17.62 53,476.60
Deposit 11/30/2011 Deposit Interest Income 5.32 53,481.92
Deposit 12/31/2011 Deposit Interest Income 5.97 53,487.89
Total Savings - B of A (8019) 60,135.64 6,647.75 53,487.89
Due From John Smith 1,275.00
Deposit 3/1/2011 Loan Payback Checking - B of A (6932) 1,275.00 0.00
Total Due From John Smith 0.00 1,275.00 0.00
Due from Shareholder 0.00
Check 3/1/2011 Checking - B of A (6932) 5,000.00 5,000.00
Check 4/1/2011 Checking - B of A (6932) 5,000.00 10,000.00
Check 4/29/2011 Checking - B of A (6932) 5,000.00 15,000.00
Check 6/1/2011 Checking - B of A (6932) 5,000.00 20,000.00
Check 7/1/2011 Checking - B of A (6932) 5,000.00 25,000.00
Check 8/1/2011 Checking - B of A (6932) 1,000.00 26,000.00
Check 8/25/2011 Checking - B of A (6932) 4,000.00 30,000.00
Check 9/1/2011 Checking - B of A (6932) 1,000.00 31,000.00
Check 9/2/2011 Checking - B of A (6932) 4,000.00 35,000.00
Check 9/30/2011 Checking - B of A (6932) 1,000.00 36,000.00
Check 10/3/2011 Checking - B of A (6932) 4,000.00 40,000.00
Check 11/1/2011 Checking - B of A (6932) 1,000.00 41,000.00
Check 12/1/2011 Checking - B of A (6932) 13,100.00 54,100.00
Check 12/5/2011 Checking - B of A (6932) 6,000.00 60,100.00
Check 12/30/2011 Checking - B of A (6932) 1,000.00 61,100.00
Total Due from Shareholder 61,100.00 0.00 61,100.00
Computer Equipment 0.00
General Journal 9/3/2011 Computer purchase (interest only loan for year)
(Interest free for first 1 year) Dell Computer Loan 2,000.00 2,000.00
Total Computer Equipment 2,000.00 0.00 2,000.00
Equipment 3,904.00
Accumulated Depreciation -30,085.00
Total Accumulated Depreciation -30,085.00
Equipment - Other 33,989.00
Total Equipment - Other 33,989.00
Total Equipment 3,904.00
Furniture 0.00
Page 2
Page 11
12. Back to Trial Balance
Company Name, Inc.
General Ledger
Cash Basis As of December 31, 2011
Type Date Memo Split Debit Credit Balance
Check 6/27/2011 Office Desk Checking - B of A (6932) 1,200.00 1,200.00
Total Furniture 1,200.00 0.00 1,200.00
Security Deposit 6,000.00
Deposit 4/1/2011 Returned Security Deposit Checking - B of A (6932) 6,000.00 0.00
Total Security Deposit 0.00 6,000.00 0.00
Dell Computer Loan 0.00
General Journal 9/3/2011 Computer purchase (interest only loan for year)
(Interest free for first 1 year) Computer Equipment 2,000.00 -2,000.00
Check 10/25/2011 Checking - B of A (6932) 100.00 -1,900.00
Check 11/23/2011 Checking - B of A (6932) 100.00 -1,800.00
Check 12/22/2011 Checking - B of A (6932) 100.00 -1,700.00
Total Dell Computer Loan 300.00 2,000.00 -1,700.00
Small Business Loan 0.00
Deposit 5/1/2011 5 years, 8% interest Checking - B of A (6932) 60,000.00 -60,000.00
Check 5/31/2011 Principal Checking - B of A (6932) 816.58 -59,183.42
Check 6/30/2011 Principal Checking - B of A (6932) 822.03 -58,361.39
Check 7/30/2011 Principal Checking - B of A (6932) 827.51 -57,533.88
Check 8/31/2011 Principal Checking - B of A (6932) 833.02 -56,700.86
Check 9/30/2011 Principal Checking - B of A (6932) 838.58 -55,862.28
Check 10/31/2011 Principal Checking - B of A (6932) 844.17 -55,018.11
Check 11/30/2011 Principal Checking - B of A (6932) 849.80 -54,168.31
Check 12/31/2011 Principal Checking - B of A (6932) 855.46 -53,312.85
Total Small Business Loan 6,687.15 60,000.00 -53,312.85
Retained Earnings -44,713.00
Total Retained Earnings -44,713.00
Service Income 0.00
Deposit 1/4/2011 Deposit Checking - B of A (6932) 30,000.00 -30,000.00
Deposit 1/31/2011 Deposit Checking - B of A (6932) 6,000.00 -36,000.00
Deposit 2/28/2011 Checking - B of A (6932) 1,709.89 -37,709.89
Deposit 2/28/2011 Deposit Checking - B of A (6932) 6,000.00 -43,709.89
Deposit 3/28/2011 Checking - B of A (6932) 1,709.89 -45,419.78
Deposit 3/31/2011 Deposit Checking - B of A (6932) 6,000.00 -51,419.78
Deposit 4/30/2011 Deposit Checking - B of A (6932) 6,000.00 -57,419.78
Deposit 5/31/2011 Deposit Checking - B of A (6932) 6,000.00 -63,419.78
Deposit 6/30/2011 Deposit Checking - B of A (6932) 6,000.00 -69,419.78
Deposit 7/30/2011 Deposit Checking - B of A (6932) 6,000.00 -75,419.78
Deposit 8/31/2011 Deposit Checking - B of A (6932) 6,000.00 -81,419.78
Deposit 9/28/2011 Checking - B of A (6932) 1,709.89 -83,129.67
Deposit 9/30/2011 Deposit Checking - B of A (6932) 6,000.00 -89,129.67
Deposit 10/31/2011 Deposit Checking - B of A (6932) 6,000.00 -95,129.67
Deposit 11/28/2011 Checking - B of A (6932) 1,709.89 -96,839.56
Deposit 11/30/2011 Deposit Checking - B of A (6932) 6,000.00 -102,839.56
Deposit 12/28/2011 Checking - B of A (6932) 2,696.65 -105,536.21
Deposit 12/31/2011 Deposit Checking - B of A (6932) 6,000.00 -111,536.21
Total Service Income 0.00 111,536.21 -111,536.21
Automobile Expense 0.00
Lease Payments 0.00
Check 3/7/2011 Business use amount Checking - B of A (6932) 1,100.00 1,100.00
Check 4/7/2011 Business use amount Checking - B of A (6932) 1,100.00 2,200.00
Check 5/6/2011 Business use amount Checking - B of A (6932) 1,100.00 3,300.00
Check 6/7/2011 Business use amount Checking - B of A (6932) 1,100.00 4,400.00
Check 7/7/2011 Business use amount Checking - B of A (6932) 1,100.00 5,500.00
Check 8/5/2011 Business use amount Checking - B of A (6932) 1,100.00 6,600.00
Check 9/7/2011 Business use amount Checking - B of A (6932) 1,100.00 7,700.00
Check 10/7/2011 Business use amount Checking - B of A (6932) 1,100.00 8,800.00
Check 11/7/2011 Business use amount Checking - B of A (6932) 1,100.00 9,900.00
Check 12/7/2011 Business use amount Checking - B of A (6932) 1,100.00 11,000.00
Total Lease Payments 11,000.00 0.00 11,000.00
Total Automobile Expense 11,000.00 0.00 11,000.00
Dues and Subscriptions 0.00
Check 5/27/2011 Annual membership dues Checking - B of A (6932) 1,000.00 1,000.00
Check 11/15/2011 Annual fees due for business license Checking - B of A (6932) 100.00 1,100.00
Total Dues and Subscriptions 1,100.00 0.00 1,100.00
Fees 0.00
Bank Service Charges 0.00
Check 6/9/2011 Wire transfer fee Checking - B of A (6932) 12.00 12.00
Total Bank Service Charges 12.00 0.00 12.00
Total Fees 12.00 0.00 12.00
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13. Back to Trial Balance
Company Name, Inc.
General Ledger
Cash Basis As of December 31, 2011
Type Date Memo Split Debit Credit Balance
Interest Expense 0.00
Check 5/31/2011 Interest Checking - B of A (6932) 400.00 400.00
Check 6/30/2011 Interest Checking - B of A (6932) 394.56 794.56
Check 7/30/2011 Interest Checking - B of A (6932) 389.08 1,183.64
Check 8/31/2011 Interest Checking - B of A (6932) 383.56 1,567.20
Check 9/30/2011 Interest Checking - B of A (6932) 378.01 1,945.21
Check 10/31/2011 Interest Checking - B of A (6932) 372.42 2,317.63
Check 11/30/2011 Interest Checking - B of A (6932) 366.79 2,684.42
Check 12/31/2011 Interest Checking - B of A (6932) 361.12 3,045.54
Total Interest Expense 3,045.54 0.00 3,045.54
Legal Fees 0.00
Check 3/2/2011 Checking - B of A (6932) 2,651.40 2,651.40
Check 3/14/2011 Checking - B of A (6932) 1,653.00 4,304.40
Check 4/18/2011 Checking - B of A (6932) 1,262.50 5,566.90
Check 5/20/2011 Checking - B of A (6932) 1,262.50 6,829.40
Check 11/7/2011 For Lavelle and Finn LLP Checking - B of A (6932) 2,463.00 9,292.40
Total Legal Fees 9,292.40 0.00 9,292.40
Meals and Entertainment 0.00
Check 5/13/2011 Lakers Tickets Checking - B of A (6932) 6,500.00 6,500.00
Total Meals and Entertainment 6,500.00 0.00 6,500.00
Professional Services 0.00
Accounting 0.00
Check 7/12/2011 Tax Preparation Checking - B of A (6932) 936.59 936.59
Check 7/15/2011 Bookkeeping Checking - B of A (6932) 1,125.00 2,061.59
Check 8/26/2011 Bookkeeping Checking - B of A (6932) 975.00 3,036.59
Check 11/4/2011 Bookkeeping Checking - B of A (6932) 1,293.75 4,330.34
Check 12/30/2011 Tax Preparation Checking - B of A (6932) 2,500.00 6,830.34
Total Accounting 6,830.34 0.00 6,830.34
Assistant 0.00
Check 6/7/2011 Week of 5/30/11 Checking - B of A (6932) 77.77 77.77
Check 6/14/2011 Week of 6/6/11 Checking - B of A (6932) 134.00 211.77
Check 6/23/2011 Week of 6/13/11 Checking - B of A (6932) 135.30 347.07
Check 6/27/2011 Week of 6/20/11 Checking - B of A (6932) 222.63 569.70
Check 7/13/2011 Week of 7/4/11 Checking - B of A (6932) 114.36 684.06
Check 8/5/2011 Week of 7/24/11 Checking - B of A (6932) 109.26 793.32
Check 8/31/2011 Week of 8/1/11 Checking - B of A (6932) 60.24 853.56
Check 9/12/2011 Week of 9/2/11 Checking - B of A (6932) 76.08 929.64
Check 12/13/2011 Week of 12/3/11 Checking - B of A (6932) 90.20 1,019.84
Total Assistant 1,019.84 0.00 1,019.84
Consulting 0.00
Check 5/31/2011 Checking - B of A (6932) 10,000.00 10,000.00
Check 7/31/2011 Checking - B of A (6932) 10,000.00 20,000.00
Check 9/30/2011 Checking - B of A (6932) 10,000.00 30,000.00
Total Consulting 30,000.00 0.00 30,000.00
Total Professional Services 37,850.18 0.00 37,850.18
Rent Expense 0.00
Check 9/2/2011 Office rent Checking - B of A (6932) 400.00 400.00
Check 10/5/2011 Office Rent Checking - B of A (6932) 400.00 800.00
Check 11/4/2011 Office Rent Checking - B of A (6932) 400.00 1,200.00
Check 12/5/2011 Office Rent Checking - B of A (6932) 400.00 1,600.00
Total Rent Expense 1,600.00 0.00 1,600.00
Taxes 0.00
State 0.00
Check 4/4/2011 2011 Franchise Tax Payment Checking - B of A (6932) 800.00 800.00
Total State 800.00 0.00 800.00
Total Taxes 800.00 0.00 800.00
Telephone Expense 0.00
Check 3/2/2011 Checking - B of A (6932) 100.00 100.00
Check 4/4/2011 Checking - B of A (6932) 100.00 200.00
Check 5/5/2011 Checking - B of A (6932) 100.00 300.00
Check 6/2/2011 Checking - B of A (6932) 100.00 400.00
Check 8/8/2011 Checking - B of A (6932) 100.00 500.00
Check 9/6/2011 Checking - B of A (6932) 100.00 600.00
Check 10/3/2011 Checking - B of A (6932) 100.00 700.00
Check 11/7/2011 Checking - B of A (6932) 100.00 800.00
Check 12/6/2011 Checking - B of A (6932) 100.00 900.00
Total Telephone Expense 900.00 0.00 900.00
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14. Back to Trial Balance
Company Name, Inc.
General Ledger
Cash Basis As of December 31, 2011
Type Date Memo Split Debit Credit Balance
Interest Income 0.00
Deposit 1/31/2011 Deposit Savings - B of A (8019) 11.01 -11.01
Deposit 2/28/2011 Deposit Savings - B of A (8019) 13.56 -24.57
Deposit 3/31/2011 Deposit Savings - B of A (8019) 10.56 -35.13
Deposit 4/30/2011 Deposit Savings - B of A (8019) 12.11 -47.24
Deposit 5/30/2011 Deposit Savings - B of A (8019) 19.56 -66.80
Deposit 6/30/2011 Deposit Savings - B of A (8019) 15.40 -82.20
Deposit 7/30/2011 Deposit Savings - B of A (8019) 15.55 -97.75
Deposit 8/30/2011 Deposit Savings - B of A (8019) 13.62 -111.37
Deposit 9/30/2011 Deposit Savings - B of A (8019) 20.24 -131.61
Deposit 10/30/2011 Deposit Savings - B of A (8019) 17.62 -149.23
Deposit 11/30/2011 Deposit Savings - B of A (8019) 5.32 -154.55
Deposit 12/31/2011 Deposit Savings - B of A (8019) 5.97 -160.52
Total Interest Income 0.00 160.52 -160.52
TOTAL 388,981.87 388,981.87 0.00
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