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Owners Equity ? tatement of Financial Position? 1) B B 4 ACCOUNTS DEBIT 5 6 7 1 Building 2 Accumulated Depreciation - Building 3 Machine
Owners Equity ?
tatement of Financial Position?
1) B B 4 ACCOUNTS DEBIT 5 6 7 1 Building 2 Accumulated Depreciation - Building 3 Machine 4 Accumulated Depreciation-machine 8 8 9 9 10 5 Cash 11 6 Salaries Expenses 7 Prepaid Rent 12 13 8 Trade Debtors 14 15 9 Notes Receivable 10 Notes Payable 11 Commission Received 16 CREDIT (OMR) (OMR) 48,000 16,000 110,000 24,000 540,000 12,800 16,400 16,800 20,000 8,000 32,000 300,000 200,000 29,600 168,000 3,800 10,800 2,400 1,800 74,400 7,000 3,000 10,000 822,400 822,400 17 12 Capital 18 13 Retained Earnings 14 Dividends 19 20 15 Sales Revenue 21 22 23 16 Depreciation Expense -machine 17 Electricity Expenses 18 Water Bill Expenses 19 Internet Expenses 20 Bank Loan 24 25 26 21 Computer 27 22 Furniture 28 22 Creditors 29 Total Sheet1 Sheet2 Sheet3 +Step by Step Solution
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