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8. Unlimited Fun agrees to host a birthday party for Sally Smith next week. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities

8. Unlimited Fun agrees to host a birthday party for Sally Smith next week. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Acct. Cash + Receiv. +Supplies +Equip. | = Acct. Salaries Pay. + Pay. Common Stockholders' Equity Retained Net + Stock + Earnings Revenue - Expenses = Income Cash Flow 9. Unlimited Fun hosted Sally's birthday party described in transaction #8 and received $400 cash. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities + Stockholders' Equity Acct. Acct. Salaries Common Retained Cash +Receiv. +Supplies Equip. = Pay. + Pay. + Stock + Earnings Revenue - Expenses = Net Income Cash Flow 4

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