ASSETS INCREASE DEBIT DECREASE CREDIT OR 101 CASH ARTES INCREASE CREDIT DECREASE DEBIT Tewww D 201 ACCTS PAYABLE 164 ACCTS RECEIVABLE 101 CASH 104 ACCTS RECEIVABLE D106 SUPPLIES 11D EQUIPMENT 112 ACC DEPREQUIP 201 ACCTS PAYABLE 301 COMMON STOCK IT EARNINGS 401 SERVICE REVENUE 501 INT EXPENSE S03 ADVERT. EXPENSE 504 SALARY EXPENSE SOS OCPR, EXPENSE SIO SUPPLIES EXPENSE TOTALS biance ! OWNER'S EQUITY INCREASE CREDIT DECREASEDENT TRANSACTIONS ANALYZE EACH ONE AND INSERT THE ENTRIES 301 COMMON STOCK 1 Laven Corporation 100,000 shares of $1.00 pm e de footrete below! 7 The company thanedevement contine SIS... CHA MOZRET, TARNINGS Supplies were unbated for 1.000, en stroom & They are in the 2.500 OPERATIONS SORRENT EXPENSE 401 SERVICE REVENUE 3 Advertising purchased on a $1,000 Slapid to employees at $12.700 7 The company provided $1.000 of services $4.000 was received in cash and 503 ADVERT. EXPENSE the rest will be received in 30 days The company paid $1.500 cash on account 9 The company received 5.000 chrom customers, on account SOL SALARY EXPENSE 10 Depreciation was recorded in the mount of $1.500 (4) 11 Supples were used up in the $1.000 (4) SOODEPR. EXPENSE NOTE I rece, the income would be closed to Madam Rut forces en lavertained consempty 106 SUPPLIES 0 0 YES 110 EQUIPMENT 112 ACCOUPE EQUIP SEO SUPPLIES PENSE A corporation uued heres of stock to investors. In this example, 100.000 stores were and the price per there was $1.00. Conhoes and Common Stock up Here's the CASH 100,000 COMMON STOCK 100,000 Score ASSETS INCREASE: DIT DECREASE CRIOT LARUTES INCREASE CREDIT DECRIAM DET OWNEROSEQUITY INCREASE CHIC DECREASE DEBIT DR CR TRANSACTIONS ANALYTACH ONE AND INSERT THE ENTRE 101 CASH JOLACCTS PATARE 101 COMMON STOCK 1 Corpo 100,000 R100 perc tieto The company in 515,000 302 HET, EARNINGS 104 ACETINCEIVABLE 101 CASH 104 ACCTS RECEIVABLE OTOL SUPPLIES 110 EQUIPMENT H3 ACC. CEPETU 201 ACC PATABLE 0 101 COMMON STOCK 102 HITLARMS DAVICE REVINE 30 ENTENPINS SOB ADVERTEXPENSE 104 SALARY PINS SO DE HERINE SO PRESENPINSE TORALS BOCK were 54.00 The companhe 200 OPERATIONS 301 INT EXPENSIVE REVINUR Advertising purch tot 53.000 106 SUPLIES werp pyn cah 512.000 Therapy1.000 14.000 ADVENT, DAN 11UMENT phone The company 5.000 frame, 504 ALARY EXPENS 10 D51.500 RIADC, DEPROUP 11 win the 1.000 500 DEPR. EXPENSE NOMI proti thene muld be a Healediye Mereted SIO SUPPLIES OPENE *A corporation has a station Insp. 100.000 homes were and the priceperewors100 Cochwand Comman Stack on Here's the entry 100,000 CASH COMMON STOCK 100,000 T-ACOTS ady