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Jessica Hill opened a dormitory locator business called Room Finders near a college campus. During the first month of operations, January 2019, Jessica had the

Jessica Hill opened a dormitory locator business called Room Finders near a college campus. During the first month of operations, January 2019, Jessica had the following transactio 1) Invested $13,200 of personal funds to start the business. 2) Incurred travel expenses for $910, which will be paid later. 3) Paid $790 cash for maintenance expenses. 4) Received $4,400 cash for services provided to clients. 5) Paid $910 related to the purchase in transaction 2. 6) Paid three months of office rent in advance, in the amount of $1,500. 7) Incurred $490 of utilities expenses, which will be paid next month. 8) Received $1,020 cash from a customer for services to be provided in two months. 9) Provided $1,170 in services for a customer who will pay later. 10) Recognized one month of office rent that was prepaid. 11) Jessica withdrew $910 cash for personal use. 12) Purchased a second-hand car worth $7,660 for business use with cash. 13) Received $830 from the customer in transaction 9. Required Assets (what we OWN) Increase Opening: $ Transaction # 1 Transaction #2 Cash Decrease Room Finders Balance Sheet As at January 31, 2019 Liabilities (what we OWE) Decrease Increase Accounts Payable Opening: $ Transaction # 1 Transaction #2 Transaction # 3 Transaction # 3 Transaction # 4 Transaction #4 Transaction # 5 Transaction #5 Transaction #6 Transaction # 6 Transaction # 7 Transaction # 7 Transaction #8 Transaction #8 Transaction #9 Transaction # 9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 11 Transaction # 12 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ Ending: $ Increase Decrease Decrease Increase Accounts Receivable Unearned Revenue Opening: $ Transaction # 1 Opening: $ Transaction # 1 Transaction #2 Transaction #2 Transaction # 3 Transaction # 3 Transaction #4 Transaction # 4 Transaction #5 Transaction # 5 Transaction # 6 Transaction # 6 Transaction # 7 Transaction #7 Transaction # 8 Transaction #8 Transaction #9 Transaction #9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 11 Transaction # 12 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ Ending: $ Increase Decrease Decrease Increase Prepaid Rent Hill, Capital Opening: $ Opening: $ Transaction #1 Transaction #2 Transaction # 1 Transaction #2 Transaction #3 Transaction # 3 Transaction # 4 Transaction #4 Transaction # 5 Transaction # 5 Transaction # 6 Transaction #6 1500 Transaction # 7 Transaction # 7 Transaction # 8 Transaction # 8 Transaction # 9 Transaction # 9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 11 Transaction # 12 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ 1500 Ending: $ Increase Decrease Increase Decrease Automobile Hill, Withdrawals Opening: $ Transaction # 1 Transaction # 2 Transaction # 1 Transaction # 2 Transaction # 3 Transaction # 3 Transaction #4 Transaction # 4 Transaction # 5 Transaction # 5 Transaction # 6 Transaction # 6 Transaction #7 Transaction # 7 Transaction #8 Transaction # 8 Transaction # 9 Transaction # 9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 12 Transaction # 11 910 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ Total Assets Total Liabilities $ Owner's Equity $ Ending: $ Room Finders Income Statement For the Month Ended January 30, 2019 REVENUE Decrease - Transaction # 1 Transaction # 2 Transaction # 3 Transaction # 4 Transaction # 5 Transaction # 6 Transaction #7 Transaction #8 Transaction #9 Transaction # 10 Transaction # 11 Increase + Transaction # 12 Transaction # 13 Ending: $ minus Expenses Increase Decrease Increase Decrease Maintenance Rent Transaction # 1 Transaction #1 Transaction #2 Transaction # 3 Transaction # 2 Transaction # 3 Transaction #4 Transaction # 4 Transaction #5 Transaction #5 Transaction #6 Transaction # 6 Transaction #7 Transaction # 7 Transaction # 8 Transaction # 8 Transaction # 9 Transaction #9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 11 Transaction # 12 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ Ending: $ Increase Decrease Increase Decrease Travel Utilities Transaction # 1 Transaction # 1 Transaction #2 Transaction # 3 Transaction #2 Transaction # 3 Transaction # 4 Transaction # 4 Transaction #5 Transaction # 5 Transaction #6 Transaction # 6 Transaction # 7 Transaction # 7 Transaction #8 Transaction #8 Transaction #9 Transaction # 9 Transaction # 10 Transaction # 10 Transaction # 11 Transaction # 11 Transaction # 12 Transaction # 12 Transaction # 13 Transaction # 13 Ending: $ Ending: $ Total Revenue Total Expenses Surplus (Deficit)

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