+ 5. Unlimited Fun hired Lindsey as a store manager. She will earn $20 per hour and starts work next week. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity Acct. Acct. Cash +Receiv. +Supplies + Equip. | = Pay. Salaries + Pay. Common + Stock Retained +Earnings Net Revenue Expenses = Income Cash Flow 6. Lindsey worked 40 hours and will be paid at the end of the month. (Ignore payroll taxes) Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity Acct. Acct. Salaries Common Cash +Receiv. +Supplies + Equip. | = Pay. + Pay. + Retained Stock + Earnings Revenue Expenses = Net Income Cash Flow 7. Unlimited Fun paid Lindsey for the hours she worked in transaction #6. Balance Sheet Income Statement 3 Stmt. of Cash Flows Acct. Assets = Liabilities + Acct. Cash + Receiv, + Supplies + Equip. | = Salaries Pay. + Pay. + Stockholders' Equity Common Retained Stock + Earnings Revenue Expenses = Net Income Cash Flow