L'Association des Francophones de Nanaimo

Year End: March 31, 2004 Prepared by |Reviewed by 5D
Adjusting Journal Entries
Date: 01/04/2003 To 31/03/2004 DPU

11/05/2004

Number Date Name Account No Reference Debit Credit

1 31/03/2004 Accounts receivable - year-end 1202 A-5. 1 149.38

1 31/03/2004 Accounts receivable - year-end 1202 A-5. 1 239.48

1 31/03/2004 Interet Banque 4205 A-5. 1 388.86
To record interest accrual on term L

deposits in the Credit Union.

2 31/03/2004 Equity in capital assets 3550 9,630.42
2 31/03/2004 Equity in capital assets 3550 2,187.87
2 31/03/2004 Fourniture de bureau et general 5266 9,630.42
2 31/03/2004 Fourniture de bureau et general 5266 2,187.87
To record capital asset additions
in equity
3 31/03/2004 Accounts receivable - year-end 1202 757.65
3 31/03/2004 Interet Banque 4205 757.65
Ll
To reverse prior year interest
receivable balance from investments. ‘
4 31/03/2004 Deferred expenses 1300 2,600.00
4 31/03/2004 Deferred revenue 2510 2,600.00
To adjust deferred revenue to 0. [LU
Money was deposited and expended towards the SAIC
project
6 31/03/2004 Inventory - maple sugar 1226 2,513.04
6 31/03/2004 Achat Produits d'erable 5020 2,513.04
To record inventory at March 31, Ly
2004
7 31/03/2004 Accounts receivable - year-end 1202 , A 832.99
7 31/03/2004 Computer equipment 1408 4 2,187.87
7 31/03/2004 Loss on disposal of assets 5750 : 1,354.88
To record disposal of laptop
computer due to theft
8 31/03/2004 Allowance for doubtful accounts 1208 600.00
8 31/03/2004 Bad Debts 5053 / 600.00
To adjust allowance for doubtful
accounts to actual per discussion with Nicole.
20,865.71 20,865.71
Net Income (Loss) (750.43)
18/05/2004

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