List of accounts:

Accounts Payable Accounts Receivable Advertising Expense Buildings Cash Equipment Gasoline Expense Land Maintenance and Repairs Expense Notes Payable Owner's Capital Rent Expense Rent Revenue Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Ticket Revenue Utilities Expense

Question 1 At September 1, the balance sheet accounts for Stanley's Restaurant were as follows: $33,000 Accounts Payable Accounts Receivable Buildings Cash Equipment $ 3,800 9,600 68,000 10,000 18,700 Land Common Stock Notes Payable Supplies 48,000 6,600 The following transactions occurred during the next two days: Stanley invested an additional $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.) Calculate owner's capital. Common stock SHOW LIST OF ACCOUNTS Prepare a balance sheet at September 1, 2016. (List Current Assets in order of liquidity. List Property, plant and Equipment in order of Land, Buildings and Equipment.) STANLEY'S RESTAURANT Balance Sheet Assets Calculate owner's capital. Common stock 5 SHOW LIST OF ACCOUNTS Prepare a balance sheet at September 1, 2016. (List Current Assets in order of liquidity. List Property, plant and Equipment in order of Land, Buildings and Equipment.) STANLEY'S RESTAURANT Balance Sheet Assets Liabilities and Owner's Equity