Question
Required information The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital
Required information
The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $74,000 (Transaction 1).
Assets=Liab.+Owner's EquityTransactionCashAccts.
Rec.Supp.Equip.Accts.
Pay.G. Sawyer,
CapitalRev.Exp.1+74,000+74,0002 8,600+8,6003+5,600+5,6004+4,080+4,08053,7003,7006+ 71071072,8002,8008490+490Bal59,120+4,890+490+12,680=4,080+71,200+5,6003,700
Prepare the statement of owner's equity for Sawyer Architecture Services for the month ended June 30, 2019.
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
