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1-5A 1-6A PE 1-5A Up-in-the-Air Travel Service Statement of Owner's Equity For the Year Ended April 30, 2017 I PE 1-6A Up-in-the-Air Travel Service Balance

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PE 1-5A Up-in-the-Air Travel Service Statement of Owner's Equity For the Year Ended April 30, 2017 I PE 1-6A Up-in-the-Air Travel Service Balance Sheet April 30, 2017 Assets Total Assets Liabilities Owner's Equity Total Liabilities and Owner's Equity EE 1-5 A 21 PE 1-5A Statement of owner's equity OBJ. 5 Using the income statement for Up-in-the-Air Travel Service shown in Practice Exercise 1-4A, prepare a statement of owner's equity for the year ended April 30, 2047. Jerome Foley, the owner, invested an additional $52,000 in the business during the year and withdrew cash of $34,000 for personal use. Jerome Foley, capital as of May 1, 20Y6, was $876,000. EE 1-5 o 21 PE 1-58 Statement of owner's equity OBJ. 5 Using the income statement for Zenith Travel Service shown in Practice Exercise 1-4B, prepare a statement of owner's equity for the year ended August 31, 20Y4. Megan Cox, the owner, invested an additional $43,200 in the business during the year and withdrew cash of $21,600 for personal use. Megan Cox, capital as of September 1, 20Y3, was $456,000. EE 1-6 p.23 PE 1-6A Balance sheet OBJ. S Using the following data for Up-in-the-Air Travel Service as well as the statement of own- er's equity shown in Practice Exercise 1-5A. prepare a report form balance sheet as of April 30, 2047 Accounts payable Accounts receivable Cash Land Supplies $ 90,000 417,000 170,000 772,000 16,000 PE 1-5A Up-in-the-Air Travel Service Statement of Owner's Equity For the Year Ended April 30, 2017 I PE 1-6A Up-in-the-Air Travel Service Balance Sheet April 30, 2017 Assets Total Assets Liabilities Owner's Equity Total Liabilities and Owner's Equity EE 1-5 A 21 PE 1-5A Statement of owner's equity OBJ. 5 Using the income statement for Up-in-the-Air Travel Service shown in Practice Exercise 1-4A, prepare a statement of owner's equity for the year ended April 30, 2047. Jerome Foley, the owner, invested an additional $52,000 in the business during the year and withdrew cash of $34,000 for personal use. Jerome Foley, capital as of May 1, 20Y6, was $876,000. EE 1-5 o 21 PE 1-58 Statement of owner's equity OBJ. 5 Using the income statement for Zenith Travel Service shown in Practice Exercise 1-4B, prepare a statement of owner's equity for the year ended August 31, 20Y4. Megan Cox, the owner, invested an additional $43,200 in the business during the year and withdrew cash of $21,600 for personal use. Megan Cox, capital as of September 1, 20Y3, was $456,000. EE 1-6 p.23 PE 1-6A Balance sheet OBJ. S Using the following data for Up-in-the-Air Travel Service as well as the statement of own- er's equity shown in Practice Exercise 1-5A. prepare a report form balance sheet as of April 30, 2047 Accounts payable Accounts receivable Cash Land Supplies $ 90,000 417,000 170,000 772,000 16,000

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