Balance Sheet (Fill-in amounts)
		2016
Assets
Cash
Accounts Receivable
Prepaid Rent
Land
Building
Accum. Depreciation
Total Assets		-
Liabilities
Accounts Payable
Salaires Payable
Unearned Revenue
Accrued Interest Payable
Bank Note Payable
Total Liabilities		-
Stockholder's Equity
Common Stock
Retained Earnings
Total Stockholder's Equity		-
Total Liabilities & Stockholder's Equity		$-
Statements of Cash Flows
		2016
Cash Flows from Operating Activities
Cash Received from Customers
Cash Paid for Expenses
Net Cash Flow from Operating Activities		-
Cash Flows from Investing Activities
Cash Paid for Building
Cash Paid for Land
Net Cash Flows from Investing Activities		-
Cash Flows from Financing Activities
Cash from Sale of Stock
Cash from Bank Note
Cash paid for dividends
Net Cash Flows from Financing Activities		-
Net Change in Cash		-
Plus: Beginning Cash Balance
Ending Cash Balance		$-

Transactions: 1. Acquired cash of $154,300 from the issue of common stock 2. Borrowed $148,000 cash from the bank on July 1, 2016. 3. Paid $160,000 cash to purchase fixed assets land that cost $40,000 and a building that cost $120,000. 4. Earned and recognized consulting revenue on account for $227,000 5. Collected $197,325 on the accounts receivable during the year 6. Incurred $100,000 of consulting expenses on account during the year 7. Paid $95,000 on the accounts payable during the year. 8. Paid $72,450 cash for other operating expenses during the year. 9. Paid the company owners $4,775 of dividends. 10. Received $15,570 cash for services to be performed in the future