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How much cash do I have at the end of period 2, 3, and 4? Please add calculations for each period. Period Debit or Credit
How much cash do I have at the end of period 2, 3, and 4?
Please add calculations for each period.
Period | Debit or Credit | Value | Type | Account |
---|---|---|---|---|
0 | Credit(+) | $1,500,000 | Equity | Startup Capital |
0 | Debit(+) | $1,500,000 | Asset | Cash |
0 | Debit(+) | $300,000 | Asset | Property, Plant & Equipment |
1 | Debit(+) | $26,000 | Expense | Operating Costs |
1 | Credit(-) | $26,000 | Asset | Cash |
1 | Credit(+) | $126,114 | Revenue | Revenue |
1 | Debit(+) | $126,114 | Asset | Cash |
1 | Debit(+) | $240,000 | Asset | Inventory |
1 | Credit(+) | $240,000 | Asset | Cash |
1 | Debit(+) | $67,261 | Expense | Cost of Goods Sold |
1 | Credit(-) | $67,261 | Asset | Inventory |
2 | Debit(+) | $26,000 | Expense | Operating Costs |
2 | Credit(-) | $26,000 | Asset | Cash |
2 | Credit(+) | $473,886 | Revenue | Revenue |
2 | Debit(+) | $473,886 | Asset | Cash |
2 | Debit(+) | $90,000 | Asset | Inventory |
2 | Credit(+) | $90,000 | Asset | Cash |
2 | Debit(+) | $284,332 | Expense | Cost of Goods Sold |
2 | Credit(-) | $284,332 | Asset | Inventory |
2 | Debit(+) | $37,500 | Expense | Loan Payment - Interest |
2 | Credit(-) | $37,500 | Asset | Cash |
2 | Debit(+) | $250,000 | Liability | Loan Payment - Principal |
2 | Credit(-) | $250,000 | Asset | Cash |
2 | Debit(+) | $40,000 | Expense | Other Costs |
2 | Credit(-) | $40,000 | Asset | Cash |
2 | Debit(+) | $6,000 | Expense | Market Research Costs |
2 | Credit(-) | $6,000 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Sales Promotion - OKC |
2 | Credit(-) | $2,500 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Sales Promotion - Tulsa |
2 | Credit(-) | $2,500 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Sales Promotion - Stillwater |
2 | Credit(-) | $2,500 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Product Line Brand - OKC |
2 | Credit(-) | $2,500 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Product Line Brand - Tulsa |
2 | Credit(-) | $2,500 | Asset | Cash |
2 | Debit(+) | $2,500 | Expense | Product Line Brand - Stillwater |
2 | Credit(-) | $2,500 | Asset | Cash |
3 | Debit(+) | $26,000 | Expense | Operating Costs |
3 | Credit(-) | $26,000 | Asset | Cash |
3 | Credit(+) | $799,731 | Revenue | Revenue |
3 | Debit(+) | $799,731 | Asset | Cash |
3 | Debit(+) | $682,500 | Asset | Inventory |
3 | Credit(+) | $682,500 | Asset | Cash |
3 | Debit(+) | $559,812 | Expense | Cost of Goods Sold |
3 | Credit(-) | $559,812 | Asset | Inventory |
3 | Debit(+) | $1,500 | Expense | Market Research Costs |
3 | Credit(-) | $1,500 | Asset | Cash |
3 | Debit(+) | $2,500 | Expense | Research & Development - Flavor Varieties |
3 | Credit(-) | $2,500 | Asset | Cash |
3 | Debit(+) | $5,000 | Expense | Research & Development - Ingredient Quality |
3 | Credit(-) | $5,000 | Asset | Cash |
3 | Debit(+) | $15,000 | Expense | Research & Development - Update Equipment |
3 | Credit(-) | $15,000 | Asset | Cash |
3 | Debit(+) | $3,750 | Expense | Sales Promotion - OKC |
3 | Credit(-) | $3,750 | Asset | Cash |
3 | Debit(+) | $2,500 | Expense | Sales Promotion - Tulsa |
3 | Credit(-) | $2,500 | Asset | Cash |
3 | Debit(+) | $5,000 | Expense | Sales Promotion - Stillwater |
3 | Credit(-) | $5,000 | Asset | Cash |
3 | Debit(+) | $3,750 | Expense | Product Line Brand - OKC |
3 | Credit(-) | $3,750 | Asset | Cash |
3 | Debit(+) | $2,500 | Expense | Product Line Brand - Tulsa |
3 | Credit(-) | $2,500 | Asset | Cash |
3 | Debit(+) | $5,000 | Expense | Product Line Brand - Stillwater |
3 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $26,000 | Expense | Operating Costs |
4 | Credit(-) | $26,000 | Asset | Cash |
4 | Credit(+) | $723,876 | Revenue | Revenue |
4 | Debit(+) | $723,876 | Asset | Cash |
4 | Debit(+) | $315,000 | Asset | Inventory |
4 | Credit(+) | $315,000 | Asset | Cash |
4 | Debit(+) | $381,945 | Expense | Cost of Goods Sold |
4 | Credit(-) | $381,945 | Asset | Inventory |
4 | Debit(+) | $1,500 | Expense | Market Research Costs |
4 | Credit(-) | $1,500 | Asset | Cash |
4 | Debit(+) | $2,500 | Expense | Research & Development - Flavor Varieties |
4 | Credit(-) | $2,500 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Research & Development - Ingredient Quality |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Sales Promotion - OKC |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Sales Promotion - Tulsa |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Sales Promotion - Stillwater |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Product Line Brand - OKC |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Product Line Brand - Tulsa |
4 | Credit(-) | $5,000 | Asset | Cash |
4 | Debit(+) | $5,000 | Expense | Product Line Brand - Stillwater |
4 | Credit(-) | $5,000 | Asset | Cash |
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