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Cash $6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment $13,700 Accumulated Depreciation $1,100 Accounts Payable 1,900 Notes Payable 4,200 Bob Steely, Capital 12,940 Bob Steely,

Cash $6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment $13,700 Accumulated Depreciation $1,100 Accounts Payable 1,900 Notes Payable 4,200 Bob Steely, Capital 12,940 Bob Steely, Withdrawals 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 1. Determine Owners Equity ending balance for the period 2. Determine Total Assets 3. Determine Current Assets 4. Determine Total Liabilities

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