Cost of goods manufactured and cost of goods sold statement

TRIPLE ENTERPRISES INC
TRIAL BALANCE

Debits Credits

Cash $669.51
Accounts Receivable $1,420,530.43
Prepaid Insurance $5,147.72
Allowance for Doubtful Acounts $73,214.87
Inventory - Raw Material $256,364.04
Inventory - Finished Goods $8,350.87
Inventory - WIP $85,542.56
Spare Parts - Inventory $69,905.15
Deferred Income Tax $489,126.00
Vehicles $286,528.81
Equipment $8,609,796.45
Equipment - Overhead $640,207.14
Capital Lease $442,721.04
Accumulated Depreciation $7,479,469.91
Goodwill $1,225.00
Prepaid - Other $70,239.40
Current Portion Long Term Debt $133,373.99
Accounts Payable $1,324,540.73
Due to Officers $585,722.17
Sales Tax Payable $9,632.63
Payroll Withholdings $9,928.29
Deferred Tax Liability $684,973.00
Accrued Property Tax $2,289.98
Payroll Taxes Payable $42,680.54
Income Tax Payable $12,813.00
Accrued Wages Payable $66,846.90
Equipment Note $2,625.00
Accrued - Other $54,937.17
Loans Payable $923,511.75
Chase auto Loan $41,597.67
Capital Lease Obligations $330,407.41
Common Stock $4,900.00
Preffered Stock $770,000.00
Retained Earnings $798,667.45
Dividends $7,700.00
Sales $3,458,758.87
Interest Income $1,325.08
Paper Expense $1,086,530.35
Scrap Income $13,055.68
Purchases - Raw Material $186,411.68
Miscellaaneous - Direct Expense $19,445.49
Outside Purchases Expense $261,235.24
Ink Expense $94,452.76
Utilities - Gas Expense $27,447.52
Inventory Expense $36,877.00
Inventory - Design Expense $142,363.80
Design Rebate $43,972.70
Inventory - Corrugated Expense $13,723.65
Inventory - Binding Expense $20,245.94
Depreciation - Direct Expense $168,062.59
Equipment Lease (operating lease) Expense $96,000.00
WIP Labor Adjustment $10,980.84
Salaries Direct Expense $891,784.66
Payroll Taxes - Direct Expense $66,141.34
Equipment Repair and Maintenance $107,314.26
Frieght Expense $22,251.06
Salaries - Officers $124,053.89
Salaries Overhead Expense $141,353.64
Salaries Sales $365,273.68
Promotional Expense $24,211.36
Alarm service Expense $1,046.54
Auto Repair and Maintenance Expense $2,969.13
Computer Expense $8,688.85
Bank Charges Expense $4,530.65
Commission Expense $32,537.40
Profit sharing Expense $125.00
Consulting Fees Expense $486.00
Equipment Maintenance Expense $1,433.37
Depreciation Expense $6,420.08
Dues and Subscriptions $2,064.09
Education Seminars Expense $10,042.04
Auto Rental Expense $472.21
Gas/Oil Parking Expense $5,924.06
General Insurance Expense $45,107.44
Group Insurance Expense $22,868.78
Flex Plan expense $92,173.07
Legal & Accounting Fees Expense $13,115.00
Rent Expense $80,094.85
Postage Expense $780.19
Office Supplies Expense $2,478.06
Uniform Expense $42.84
Building Repair Expense $9,939.02
Credit Card fees Expense $11,459.09
Sanitation Expense $2,402.00
Supplies - Safety Expense $506.02
Taxes & Licenses Expense $1,116.50
Payroll Taxes Expense $53,386.71
Employee Incentive Expense $1,564.13
Travel Expense $7,218.23
Meals & Entertainment Expense $3,567.08
Mileage Expense $14,177.94
Utilities Expense $76,286.53
Telephone Expense $11,509.99
Miscellaneous Expense $982.26
Interest Expense $15,888.77

TOTAL $16,856,431.79 $16,856,431.79

Other Information

Beginning Inventory

Raw Material $341,954.61
Finished Goods $8,302.86
WIP 0

OWNERSHIP
David Smith - President 65%
Jean Martin 35%