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+ Cash 13. Unlimited Fun paid a $1,000 dividend to Rachel, the owner. Assets Acct. Balance Sheet = Liabilities + Acct. Salaries Common Stockholders'
+ Cash 13. Unlimited Fun paid a $1,000 dividend to Rachel, the owner. Assets Acct. Balance Sheet = Liabilities + Acct. Salaries Common Stockholders' Equity Retained +Receiv. +Supplies + Equip. = Pay. + Pay. + Stock +Earnings Income Statement Stmt. of Cash Flows Net Revenue Expenses = Income Cash Flow Use the following table to summarize the transactions recorded above. The totals will be used to create financial statements in Part 3. Balance Sheet Income Statement Stmt. of Cash Flows Assets = Liabilities Stockholders' Equity Acct. Acct. Salaries Common Retained Net Cash + Receiv. +Supplies + Equip. = Pay. + Pay. + Stock +Earnings Revenue - Expenses =Income Cash Flow 1 65,000 65,000 65,000 FA 4 12 13 Tot als m n ~ n 6 7 8 9 10 11
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