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Balance Sheet December 31, 2011 Assets Liabilities and Owner's Equity Cash Liabilities $13,000 6,000 S 8,000 Accounts Accounts receivable payable Supplies payable Equipment Notes 9,000

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Balance Sheet December 31, 2011 Assets Liabilities and Owner's Equity Cash Liabilities $13,000 6,000 S 8,000 Accounts Accounts receivable payable Supplies payable Equipment Notes 9,000 15,000 11,000 Owner's equity Owner's capital 116.000 $39.000 Total assets equity $39.000 Total liabilities & owner's The following additional data available for the year with began on January 1: Apenses (excluding supplies expense) total $6.000 Supplies were found 5.000 of supplies were purchased during the year. Net income for the year was so and drags were $6.000 Instructions Determine the following: (Show all computations.) 1. Supplies used during the year 2. Total expenses for the year. 3. Service revenues for the year, 4. Owner's capital balance on January 1 AB - = * *

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