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Section 1 Section 2 Section 3 Section 4 SECTION 4 - Using the accounting equation, show the following tansactions: Patty Miller is the owner of
Section 1 Section 2 Section 3 Section 4 SECTION 4 - Using the accounting equation, show the following tansactions: Patty Miller is the owner of Sunny gps, selling eggs to local clients. Receed the following At the end of June, Miss Miler decided to enlarge the business to include chicksales. transactions for June in tabular form following transactions for July Example a) Current investment: $9,000 in cash. 54.200 eggs and 7.200 chicks D) Purchased cages and equipment for $2,250 in cash c) Bought feed and egg anions on account from Farmers Mercantile, $4,750 Sold eggs costing $1,300 $2,300 cash Paid wages and miscellaneous expenses, 5875 f) Paid Farmers Mercantile 83.750 on account 8) Purchased additional equipment for $1.500 cash 1) Purchased fertile eps on account from Farmers Mercantile, 2500 Sold exp costing $2,000 for $5.100 cash. Sold chicks for $4,200,cost of $1,750. k) Paid Farmers Mercantile in full of account Pande salaries and miscellaneous expertises, 51.250 ASSETS LIABILITIES Chicks Equipment Supplies Farmers Merchandise 4.200 7.2001 b) e) d el h) J) Totals Balance SECTION 4 - Using the accounting equation, show the following tansactions: Pum Miler is the owner of Sunny teen einges to local cents Record the following tractions At the end of ne, Miss Me decided to enlarge the business to include chicksales Record the for ne intabular following transactions for saly 3 7 al Current investment 50.000 in cash, 1.200 gs and 7.200 chicks bi Purchased cages and ment for $2,250 in cash dlought teed and egg cartons on account from Farmers Mercati, 54.750. di Songs $1,000 or 330 cash e) Paws and openses 1) Padu Mercat Purchased additionalment for 1 500 cash Nuhased fertion country Farmers Marcante 2500 Soepsco $2,000 to $5.100 cash. Soldes for $200 cost of $1750 Paid Fomen Mercandles full of secourt Padaries and minous penses $1250 10 LABILITIES EQUITY ASSETS 14 . Farmer Merchandise many more Sole Ch Patty Miller + $ 20,000.00 + + + 3.000.00 5 4,200.00 $ 7,100.00 15 16 17 18 . bil - 20 23 23 . --- . 24 25 . 20 29 30 hi * EES Chicks + 1 Equipment + Supoles Merchand 15 16 $ 9.000.00 S - 4,200.00 $ 7,200.00 . S20400.00 11 16 . 19 20 + + . 21 12 23 + . . --- 25 25 . . 28 . . N . . 31 32 + 33 . SE . 0 NE GE Balance 4 Section 1 Section 2 Section 3 Section 4 SECTION 4 - Using the accounting equation, show the following tansactions: Patty Miller is the owner of Sunny gps, selling eggs to local clients. Receed the following At the end of June, Miss Miler decided to enlarge the business to include chicksales. transactions for June in tabular form following transactions for July Example a) Current investment: $9,000 in cash. 54.200 eggs and 7.200 chicks D) Purchased cages and equipment for $2,250 in cash c) Bought feed and egg anions on account from Farmers Mercantile, $4,750 Sold eggs costing $1,300 $2,300 cash Paid wages and miscellaneous expenses, 5875 f) Paid Farmers Mercantile 83.750 on account 8) Purchased additional equipment for $1.500 cash 1) Purchased fertile eps on account from Farmers Mercantile, 2500 Sold exp costing $2,000 for $5.100 cash. Sold chicks for $4,200,cost of $1,750. k) Paid Farmers Mercantile in full of account Pande salaries and miscellaneous expertises, 51.250 ASSETS LIABILITIES Chicks Equipment Supplies Farmers Merchandise 4.200 7.2001 b) e) d el h) J) Totals Balance SECTION 4 - Using the accounting equation, show the following tansactions: Pum Miler is the owner of Sunny teen einges to local cents Record the following tractions At the end of ne, Miss Me decided to enlarge the business to include chicksales Record the for ne intabular following transactions for saly 3 7 al Current investment 50.000 in cash, 1.200 gs and 7.200 chicks bi Purchased cages and ment for $2,250 in cash dlought teed and egg cartons on account from Farmers Mercati, 54.750. di Songs $1,000 or 330 cash e) Paws and openses 1) Padu Mercat Purchased additionalment for 1 500 cash Nuhased fertion country Farmers Marcante 2500 Soepsco $2,000 to $5.100 cash. Soldes for $200 cost of $1750 Paid Fomen Mercandles full of secourt Padaries and minous penses $1250 10 LABILITIES EQUITY ASSETS 14 . Farmer Merchandise many more Sole Ch Patty Miller + $ 20,000.00 + + + 3.000.00 5 4,200.00 $ 7,100.00 15 16 17 18 . bil - 20 23 23 . --- . 24 25 . 20 29 30 hi * EES Chicks + 1 Equipment + Supoles Merchand 15 16 $ 9.000.00 S - 4,200.00 $ 7,200.00 . S20400.00 11 16 . 19 20 + + . 21 12 23 + . . --- 25 25 . . 28 . . N . . 31 32 + 33 . SE . 0 NE GE Balance 4
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