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10. Unlimited Fun received and paid the $290 electric bill. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity
10. Unlimited Fun received and paid the $290 electric bill. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity Acct. Acct. Cash + Receiv. +Supplies +Equip. |=| Pay. Salaries Pay. Common Retained Net + Stock + Earnings Revenue Expenses = Income Cash Flow 11. Unlimited Fun hosted a family day for a local company and billed the customer $2,500. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity Acct. Acct. Cash + Receiv, +Supplies + Equip. |=| Pay. Salaries Pay. Common Retained + Stock + Earnings Net Revenue Expenses = Income Cash Flow 12. Unlimited Fun collected $2,000 from the customer in transaction #11. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Acct. Acct. Cash + Receiv. +Supplies +Equip. |=| Stockholders' Equity Salaries Retained Pay. + Pay. + Stock + Earnings Common Net Revenue Expenses = Income Cash Flow
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