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Enter each transaction below into the accounting equation. Then, calculate the (1) amount of assets owned by Irish Pub, Inc., at the end of its
Enter each transaction below into the accounting equation. Then, calculate the (1) amount of assets owned by Irish Pub, Inc., at the end of its first month of business, and (2) the amount of net income for the month. All these transactions took place during the first 30 days of business. Enter the revenue portion of transaction 4 first. Do not record the cost of goods sold portion of transaction 4. That will be done in the following set of lines. Now enter the cost of goods sold portion of transaction 4. Calculate the (1) amount of assets owned by Irish Pun Inc., at the end of its first month of business, and (2) the amount of net income for the month. Total assets are at the end of the month The amount of net income for the month is $
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