Assets			=	Liabilities	+	Stockholder's Equity
	Cash	+	Land		Notes Payable		Common Stocks		Retained Earnings	Affected Account
Balances	$ 16,000	+	$ 40,000	=	$ 10,000	+	$ 32,000	+	$ 14,000
1	$	+		=		+	$	+
2		+		=		+		+
3		+		=	$	+		+
4		+		=		+		+
5		+		=		+		+
6		+		=		+		+
Totals		+		=	$	+	$	+	$

Company transactions during the accounting period:

1. Cash received for profesional services performed to customers. $80,000

2. Rent expense was paid in cash. $10,000

3. A portion of land was purchased in cash. $9,000

4. Paid a partial payment of note payable due. $5,000

5. Paid in cash a group of operational expenses. $52,000

6. Dividends due were paid in cash. $6,000

Actions to take:

1. Enter the amount that affects each account.

Indicate if the amount is positive (increase) or negative (decrease)

If the Retained Earnings is affected, write the account name.