MYBREAKEVEN • Published November 7, 2026

Accounting Cycle: From Transactions to Closed Statements — working record

Original fictional USD case. This worksheet does not automatically calculate. Edit the blank cells, then print or save your completed copy before closing. Fields are not uploaded or saved by this page.

Completed teaching case

Reconciled case from the guide
Account	Unadjusted	Adjusted	Side
Cash	13,100	13,100	Debit
Accounts receivable	1,500	1,500	Debit
Unused supplies	900	600	Debit
Rent expense	600	600	Debit
Supplies expense	0	300	Debit
Wages expense	0	700	Debit
Accounts payable	900	900	Credit
Wages payable	0	700	Credit
Customer advance liability	1,200	800	Credit
Owner capital	10,000	10,000	Credit
Service revenue	4,000	4,400	Credit
Debit / credit totals	16,100 each	16,800 each	Balanced

Your evidence and assumptions

Business / preparerReporting date or horizonCurrency / accounting basisEvidence referencesReviewer / next review date

Your working record — replace each cell
Step / reference	Source evidence	Debit account / amount	Credit account / amount	Reconciliation / reviewer
Enter record 1	Enter value	Enter value	Enter value	Enter value
Enter record 2	Enter value	Enter value	Enter value	Enter value
Enter record 3	Enter value	Enter value	Enter value	Enter value
Enter record 4	Enter value	Enter value	Enter value	Enter value
Enter record 5	Enter value	Enter value	Enter value	Enter value

Reconciliation / independent calculationUnresolved issue, action owner, deadline and stop / escalation condition

Check amounts, dates, scope and source documents independently. Planning education; not accounting, legal, tax or lending advice.

Read the full method and limitations