Profit

$240$

$15$

$

$255$

Total

Less: Withdrawals by owner

Tim Allin, capital, April $30$

$240$

All$-$In Servicing

Balance Sheet

April $30,2020$

Assets

Liabilities

Cash

$

$60$

Accounts payable

$

$25$

Equipment

Equity

Tim Allin, capital $$

Total Assets

$

$265$

Total liabilities and equity

$ $$