Payments of cash Acquisition of equipment $32,000 Cash receipts Dividends 1,800 Issuance (sale) of shares to owners 30,641 Retained earnings at July 1, 2014 0 Rent expense 710 Retained earnings of July 31, 2014 5,759 Common shares 30,641 Utilities expense 201 Equipment 32,000 Adjustments to reconcile net income Office supplies expense 1,230 to cash provided by operations 3,100 Accounts payable 3,100 Salary expense 4,100 Service revenue 13,800 Cash balance July 1, 2014 0 Cash balance July 31, 2014 7,500 Prepare the balance sheet Begin with the heading of the statement Next, complete the balance sheet Assets Liabilities Shareholders' Equity Total sharesholders' equity Total assets Total liabilities and shareholders' equity Prepare the balance sheet of the Dogan's at July 31, 2014 Prepare the balance sheet Begin with the heading of the statement Next, complete the balance sheet

Question

Payments of cash  Acquisition of equipment                     $32,000 Cash receipts  Dividends                                             1,800 Issuance (sale) of shares to owners   30,641 Retained earnings at July 1, 2014           0 Rent expense                                             710 Retained earnings of July 31, 2014         5,759 Common shares                                         30,641 Utilities expense                                       201 Equipment                                                 32,000 Adjustments to reconcile net income Office supplies expense                             1,230 to cash provided by operations           3,100 Accounts payable                                       3,100 Salary expense                                         4,100 Service revenue                                         13,800 Cash balance July 1, 2014                       0 Cash balance July 31, 2014                     7,500 Prepare the balance sheet  Begin with the heading of the statement  Next, complete the balance sheet  Assets Liabilities Shareholders' Equity Total sharesholders' equity Total assets Total liabilities and shareholders' equity Prepare the balance sheet of the Dogan's at July 31, 2014  Prepare the balance sheet  Begin with the heading of the statement  Next, complete the balance sheet

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Payments of cash:
Acquisition of equipment . . . . . . . . . .	$32,000	Cash receipts:
Dividends . . . . . . . . . . . . . . . . . . . . . .	1,800	Issuance (sale) of shares to owners .	30,641
Retained earnings at July 1, 2014 . . . . .	0	Rent expense . . . . . . . . . . . . . . . . . . . . . .	710
Retained earnings of July 31, 2014 . . . .	5,759	Common shares . . . . . . . . . . . . . . . . . . . .	30,641
Utilities expense . . . . . . . . . . . . . . . . . . .	201	Equipment . . . . . . . . . . . . . . . . . . . . . . . .	32,000
Adjustments to reconcile net income		Office supplies expense . . . . . . . . . . . . . .	1,230
to cash provided by operations . . . . .	3,100	Accounts payable . . . . . . . . . . . . . . . . . . .	3,100
Salary expense . . . . . . . . . . . . . . . . . . . .	4,100	Service revenue . . . . . . . . . . . . . . . . . . . .	13,800
Cash balance July 1, 2014 . . . . . . . . . . .	0
Cash balance July 31, 2014 . . . . . . . . . .	7,500

Question

Payments of cash: Acquisition of equipment . . . . . . . . . . $32,000 Cash receipts: Dividends . . . . .

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Assets				Liabilities

				Shareholders' Equity


				Total sharesholders' equity
Total assets				Total liabilities and shareholders' equity