Il Freedom 11:28 PM Ch01 Prob1_8A (2).xlsx Cover GivenData Required Analysis Fundamental ACCOUNTING PRINCIPLES Excel Templates to accompany Fundamental Accounting Principles 15th Edition, by Larson/Jensen/Dieckmann Prepared by lan Feltmate, Acadia University LARSON - JENSEN - DIECKMANN Cover GivenData Required Analysis Given Data: Nov. 1 Cash paid for rent for November 3 Electrical equipment purchased Cash paid for electrical equipment (personal funds) 5 Cash paid to purchase office supplies 6 Cash received for electrical work completed 8 Office equipment purchased on credit 15 Electrical work completed on credit 16 Salary for part-time technician, beginning work in three weeks 18 Office supplies purchased on credit 20 Cash paid for office equipment purchased November 8 24 Electrical work completed for a client; due in 30 days 28 Cash received for work completed on November 15 30 Cash paid for assistant's salary 30 Cash paid for monthly utility bill 30 Cash withdrawn for personal use $ 7,200 $ 18,000 $ 10,000 $ 1,800 $ 2,000 $ 5,200 $ 6,000 $5,300 $ 1,000 (see Nov 8) $ 4,800 $ 6,000 $4,400 $ 3,600 $ 1,400 Cover GivenData Required Analysis Excel Templates Problem 1-8A Required: Assets Liabilities Accounts Payable Electrical Equipment Cash Accounts Receivable $7,000 0 Office Equipment $ 28,000 0 $18.000 -0 .0 -0 Equity Larry Power, Explanation of Equity Capital Transaction $ 62.900 +0 +0 +0 +0 +0 0 $ 30.000 +0 +0 +0 +0 +0 +0 +0 +0 +0 +0 +0 +0 + 0 +0 Nov. 1 3 5 6 8 15 16 18 20 24 28 30 30 30 Bal Office Supplies $ 1.900 0 0 +0 0 0 0 . -0 . +0 +0 +0 0 -0 SO +0 +0 +0 +0 +0 0 +0 +0 +0 +0 0 0 $o 0 $ 14,000 +0 0 0 +0 0 0 +0 0 +0 0 +0 . .0 .0 . 0 . +0 0 0 +0 -0 .0 0 0 +0 +0 0 +0 +0 -0 +0 +0 +0 SO 0 SO 0 $0 0 -0 SO $0 50 so Cover GivenData Required Analysis