Question
Assets = Liabilities + Stockholders Equity Cash + Accts. Rec. + Supplies + Prepd. Insur. + Equip. - Acc. Depr.- Equip. = Accts. Pay. +
Assets | = | Liabilities | + | Stockholders Equity | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | + | Accts. Rec. | + | Supplies | + | Prepd. Insur. | + | Equip. | - | Acc. Depr.- Equip. | = | Accts. Pay. | + | Unearn. Serv. Rev. | + | Sal./Wages Pay. | + | Com. Stock | + | Retained Earnings | |||||||
Rev. | - | Exp. | - | Div | |||||||||||||||||||||||
Bal. | 6,713 | + | 6,860 | + | 1,960 | + | 2,736 | + | 14,700 | - | 0 | = | 4,149 | + | 5,096 | + | 0 | + | 21,560 | + | 8,134 | - | 5,970 | - | 0 |
Assets | = | Liabilities | + | Stockholders Equity | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | + | Accts. Rec. | + | Supplies | + | Prepd. Insur. | + | Equip. | - | Acc. Depr.- Equip. | = | Accts. Pay. | + | Unearn. Serv. Rev. | + | Sal./Wages Pay. | + | Com. Stock | + | Retained Earnings | |||||||
Rev. | - | Exp. | - | Div | |||||||||||||||||||||||
Bal. | 6,713 | 6,860 | 1,960 | 2,736 | 14,700 | 0 | 4,149 | 5,096 | 0 | 21,560 | 8,134 | - 5,970 | 0 | ||||||||||||||
1. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Utilities Expense/Salaries & Wages Expense/Supplies Expense/Depreciation Expense/Insurance Expense/Service Revenue | |||||||||||||
2. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Salaries & Wages Expense/Depreciation Expense/Utilities Expense/Service Revenue/Supplies Expense/Insurance Expense | |||||||||||||
3. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Service Revenue/Insurance Expense/Salaries & Wages Expense/Supplies Expense/Depreciation Expense/Utilities Expense | |||||||||||||
4. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Utilities Expense/Service Revenue/Insurance Expense/Depreciation Expense/Salaries & Wages Expense/Supplies Expense | |||||||||||||
5. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Depreciation Expense/Utilities Expense/Insurance Expense/Supplies Expense/Service Revenue/Salaries & Wages Expense | |||||||||||||
6. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Service Revenue/Salaries & Wages Expense/Supplies Expense/Utilities Expense/Depreciation Expense/Insurance Expense | |||||||||||||
7. | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | enter a dollar amount | select an account title Supplies Expense/Salaries & Wages Expense/Utilities Expense/Depreciation Expense/Service Revenue/Insurance Expense | |||||||||||||
Totals | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount | enter a total amount |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started