Question
Cash 23,900 Accounts Receivable 4,500 Office Supplies Land Accounts Payable 2,000 Notes Payable Harper Capital 18,500 Harper Withdrawal Service Revenue 10,000 Salaries Expense 800 Rent
Cash | 23,900 |
|
Accounts Receivable | 4,500 |
|
Office Supplies |
|
|
Land |
|
|
Accounts Payable |
| 2,000 |
Notes Payable |
|
|
Harper Capital |
| 18,500 |
Harper Withdrawal |
|
|
Service Revenue |
| 10,000 |
Salaries Expense | 800 |
|
Rent Expense | 1000 |
|
Utilities Expense | 300 |
|
|
|
|
Total | 30,500 | 30500 |
|
|
|
During April, the business engaged in the following transactions:
April2Borrowed $45,000 cash and signed a note payable in the name of the business.
4Paid cash of $40,000 to acquire land.
9Performed services for a customer and received cash of $5,000.
13Purchased office supplies on account, $300.
15Performed services for a customer on account, $2,600.
18Paid $1,200 on account.
21Paid rent, 1.500,and salaries $3,000 .
25Received $3,100 from a customer on account.
30Harper withdrew cash of $1,800.
a. The Income Statement of Harper Service Center for the month ended April30th2018.
b. The Statement of Owners Equity.
c. A Balance Sheet as at April 30th 2018.
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