compute for the beginning capital balance, total liabilities, total assets, net profit, and ending capital balance Office
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compute for the beginning capital balance, total liabilities, total assets, net profit, and ending capital balance
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Office Supplies 21,000 Office Supplies Expense 6,500 Prepaid Expense 45,000 Rent Expense 25,000 Office Equipment 100,000 Accumulated Depreciation 25,000 Depreciation Expense 12,500 Cash 130,000 Unearned Revenue 30,000 Utilities Expense 7,500 Service Revenue, Cash 65,000 Service Revenue, on Account 24,000 Interest Expense 1,400 Interest Income 2,600 Insurance Expense 3,000 Prepaid Insurance 8,000 Accounts Payable 31,000 Accounts Receivable 18,300 Notes Payable 29,000 Serrano, Withdrawal 13,000 Office Supplies 21,000 Office Supplies Expense 6,500 Prepaid Expense 45,000 Rent Expense 25,000 Office Equipment 100,000 Accumulated Depreciation 25,000 Depreciation Expense 12,500 Cash 130,000 Unearned Revenue 30,000 Utilities Expense 7,500 Service Revenue, Cash 65,000 Service Revenue, on Account 24,000 Interest Expense 1,400 Interest Income 2,600 Insurance Expense 3,000 Prepaid Insurance 8,000 Accounts Payable 31,000 Accounts Receivable 18,300 Notes Payable 29,000 Serrano, Withdrawal 13,000
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