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AutoSave OFF BESU- Unit 1-Challenge1-Task-1 Q Home Insert Draw Page Layout Formulas Data Review View Tell me Share 0 Comments X Arial 12 V -

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AutoSave OFF BESU- Unit 1-Challenge1-Task-1 Q Home Insert Draw Page Layout Formulas Data Review View Tell me Share 0 Comments X Arial 12 V - Insert v = = ab Wrap Text General 28-Ou 8 EME DX Delete v Paste B I a. A v Merge & Center v $ %) .00 .00 0 Ideas Conditional Format Cell Formatting as Table Styles Sort & Filter Sensitivity Format v Find & Select G18 X fx A C D E F G H T K L M . N o P Q R S T HHEC Task 1: At the end of the year, Sophia provides you with a list of accounts and their balances. You must place these accounts and their balances into the accounting equation to show her how they can be classified as assets, liabilities, and owner's equity. Remember the accounting equation must balance Assets - Liabilites + Stockholder's Equity HAPPY HOME Environmental Cleaning 15,000 450 7,500 5,900 10,000 2,000 *** 400 2,125 550 800 800 275 Liabilities Account Payable Stockholder's Equity Sister capital 400 5,900 10,000 1 2 Sisters, Capital 3 Utilities Expense 4 Cleaning Revenue 5 Cash 6 Building 7 Sisters, Withdrawal 8 Accounts Payable 9 Wages Expense 10 Cleaning Supplies 11 Insurance Expense 12 Cleaning supplies expense 13 Miscellaneous Expense 14 15 ANSWER 16 Assets 17 Cash 18 Building 19 20 21 22 23 24 25 Total 26 27 28 29 30 31 32 33 34 35 36 15,000 15,900 400 15,000 Challenge 1-Task 1 + Ready P + 100%

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