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Problem 1-8A (60 minutes) Part 1 Las Accu Cash Account Recall De Det 195.000 51.000 1.000 1 - 1.200 1.000 5 1.200 S. VO 100

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Problem 1-8A (60 minutes) Part 1 Las Accu Cash Account Recall De Det 195.000 51.000 1.000 1 - 1.200 1.000 5 1.200 S. VO 100 20 . ||| 100 Bal 11.000 0 900 12.5 2.550 2010 10. . 00 13.000 41.600 300 15 15.000 5.000 al 2.530 13.000 1.70 01.00 1.000 30 350 LIN- . 3.00 23. 13.000 5.000 2.50 50 - 65.000 ST 1.150 255 100 1.10 2.53 12.000 STO 3.000 5. 00 7.50 1.000 1.000 1.11 2.350. 18.000 180. 1.200 7.100 24 08 100 1,400 1,15 2,850 13.000 7.100 SO MO 1.150 2.53 13.000 7.100 11.490 2.85 112.000 8.000 32.100 12.M Problem 1.A (Continuon Part 2 Sony Electric Income Statement For Month Ended December 31 Revenues Electrical fees earned $7.100 Expenses Rent expense. $1,000 Salaries expense. 1400 Uites expense 540 Total expenses 2.940 Net Income $4160 Sony Electric Statement of Owner's Equity For Month Ended December 31 S. Sony, Capital, December 1 Add Investment by owner Net Income Less: Withdrawals by owner S. Sony, Capital, December 31 65.000 4.160 69.160 950 563.210 Assets Cash... Accounts receivable Office supplies Office equipment Electrical equipment..... Total assets Sony Electric Balance Sheet December 31 Liabilities 559,180 Accounts payable.... .5 8,550 900 Equity 2.530 S. Sony, Capital... 68,210 13.000 $76,760 Total liabilities and equity...570,760 1.150 Problem 1-8A (60 minutes) Part 1 Las Accu Cash Account Recall De Det 195.000 51.000 1.000 1 - 1.200 1.000 5 1.200 S. VO 100 20 . ||| 100 Bal 11.000 0 900 12.5 2.550 2010 10. . 00 13.000 41.600 300 15 15.000 5.000 al 2.530 13.000 1.70 01.00 1.000 30 350 LIN- . 3.00 23. 13.000 5.000 2.50 50 - 65.000 ST 1.150 255 100 1.10 2.53 12.000 STO 3.000 5. 00 7.50 1.000 1.000 1.11 2.350. 18.000 180. 1.200 7.100 24 08 100 1,400 1,15 2,850 13.000 7.100 SO MO 1.150 2.53 13.000 7.100 11.490 2.85 112.000 8.000 32.100 12.M Problem 1.A (Continuon Part 2 Sony Electric Income Statement For Month Ended December 31 Revenues Electrical fees earned $7.100 Expenses Rent expense. $1,000 Salaries expense. 1400 Uites expense 540 Total expenses 2.940 Net Income $4160 Sony Electric Statement of Owner's Equity For Month Ended December 31 S. Sony, Capital, December 1 Add Investment by owner Net Income Less: Withdrawals by owner S. Sony, Capital, December 31 65.000 4.160 69.160 950 563.210 Assets Cash... Accounts receivable Office supplies Office equipment Electrical equipment..... Total assets Sony Electric Balance Sheet December 31 Liabilities 559,180 Accounts payable.... .5 8,550 900 Equity 2.530 S. Sony, Capital... 68,210 13.000 $76,760 Total liabilities and equity...570,760 1.150

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