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Corporation
Sole Proprietorship
A
Transactions during the period
1 Owners investment using cash
1p Owners investment, per value stock
2 Cash and Notes Payable
3 Cash and Services
4 Salary Expense using Cash
5 Inventory using Cash
6 Inventory on Account
7 Revenue on Account
8 Cost of Goods Sold and Inventory
9 Prepaid Insurance using Cash
10 Cash from Accounts Receivable
11 Accounts Payable using Cash
12 Equipment using Cash and Note Payable
13 Distribution to Owners
B
End of the period
14 Cash and Unearned Revenue
15 Trial Balance
16 ADJ 1 Prepaid Insurance
17 ADJ 2 Depreciation
18 ADJ 3 Accrued Salary
19 ADJ 4 Unearned Revenue
20 ADJ 5 Accrued Revenue
21 ADJ 6 Interest Expense
22 To the end of the Accounting Cycle
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