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ASSETS = LIAB. Contr. Cap. + Cash + A/R + Office + Comp. = A/P + Com. Sup. Stock 3/1 3/2 Bal. 0 +

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ASSETS = LIAB. Contr. Cap. + Cash + A/R + Office + Comp. = A/P + Com. Sup. Stock 3/1 3/2 Bal. 0 + + + 80,000 3/3 Bal. 80,000 0 + 0 0 = 0 0 = EQUITY Retained Earnings Div. + Service - Util. - Misc. Rev. Exp. Exp. 0 0 + 80,000 80,000 0 - + + + + + 0 0 0 0 0 - -

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