This document contains an adjusted trial balance, adjustments, and analysis of a company's financial statements for the year ending 31 December 2005. The adjusted trial balance shows assets, liabilities, equity, income and expenses. There are several adjustments that need to be made, including prepaid insurance, accrued telephone charges, commission earned but not received, accrued interest, and depreciation of buildings and equipment. The analysis shows the elements of the financial statements that each line item in the adjusted trial balance relates to, such as assets, liabilities, equity, income, expenses, and the trading account.

1. Example Worksheet
Given below is the trial balance as at 31.12.2005
Adjusted Trial
Trial Balance Adjusment Trading Account Profit and Loss
ACE TRADING Balance
Details Debit Credit Debit Credit Debit Credit Debit Credit Debit
(RM) (RM) (RM) (RM) (RM) (RM) (RM) (RM) (RM)
Bank 20000 20000
Trade Receivables(AR)Akaun Belum Terima 12000 12000
Peruntukan Hutang Ragu(Provision for Doubtful Debts) 200 400 600
Building 100000 100000
(-)1Depreciation Building 20% 20000 1000 21000
Office Equipment 18000 18000
(-)1Depreciation 33.33% 6000 2000 8000
Insurance 1800 600 1200 1200
Trade Payables (AP)/Akaun Belum Bayar 14000 14000
Loan 40000 40000
Wages 20000 20000 20000
Sales 150000 150000 150000
Purchases 90000 90000 90000
Advertising 12000 12000 12000
Water, electricity and telephone 3000 300 3300 3300
Stationery 1800 1800 1800
Commision receivable 3600 1200 4800
Interest Expense 2000 400 2400 2400
Capital 46800 46800
Belanja Insurans Terdahulu (a) 600 600
Belanja Telefon terakru (b) 300 300
Komisyen diterima terakru © 1200 1200
Belanja Faedah Terakru (d) 400 400
Belanja Susutnilai bangunan (e) 1000 1000 1000
Belanja Susutnilai peralatan pejabat (f) 2000 2000 2000
Peruntukan Hutang Ragu Trade Receiable (g) 400 400 400

2. Untung Kasar 60000
Untung Bersih 20700
Total 280600 280600 5900 5900 285900 285900 150000 150000 64800
Adjustments
At 31.12.2005 the following adjustments are to be made:
a) Insurance prepaid of RM600
b) Accrued telephone charge RM300
c) Commision earned but not received RM1200
d) Interest accrued RM400
e) Depreciation on building is RM1000
f) Depreciation on Office equipment is RM2000
g) Provision for doubtful debts is at 5% on debtors.
Asset=Liabilities + Owner Equity + Income - Expenses
Ep=Opening Capital+Additional Capital-Ambilan + net Income (-net Loss) = closing capital.

3. Profit and Loss Balance Sheet
Credit DebitCredit Analisis FS Elements
(RM) (RM) (RM)
20000 BS AS
12000 BS AS
600 BS
100000 BS AT
21000 BS SNT
18000 BS AT
8000 BS SNT
P&L Belanja
14000 BS LS
40000 BS LJP
P&L Belanja
Trading Account Jualan
Trading Account Belian
P&L Belanja
P&L Belanja
P&L Belanja
4800 P&L Hasil
P&L Belanja
46800 BS Owner Equity
600 BS AS
300 BS LS
1200 BS AS
400 BS LS
P&L Belanja
P&L Belanja

4. 60000
20700
64800 151800 151800 0