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SECTION 3 - Summary financial data of BOCK-2 Poultry Ranch on July 1 are shown by the first equasion given below. Eachline disignated by a

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SECTION 3 - Summary financial data of BOCK-2 Poultry Ranch on July 1 are shown by the first equasion given below. Eachline disignated by a letter indicates the effect on the equation of a particular transaction. Describe each of the transactions. Equipment Equity Bldg. 20,000 Land 16,500 Liabilities 10.500 12,000 Receivable 18,000 - 15.000 3,000 60.000 A + + 20.000 16,500 + 10.500 60,000 Cash 4.000 15,000 19,000 4,000 23,000 -5.500 17.500 23,000 40,500 12,000 -4,000 8.000 3,000 + + + + + 20,000 16,500 60,000 + + + + + 10,500 -5.500 5.000 3.000 + + + + + + + 8.000 D 20,000 - 10,000 10,000 16.500 - 11.000 5.500 + + + + 1 + + + + + 60,000 2,000 62.000 5.000 E 3,000 6,000 9,000 8,000 -6,000 2.000 10,000 S.SOO 5.000 F 40.500 - 13.000 7,500 + + 62.000 -13.000 49,000 9,000 10,000 + 5.500 2.000 + B D E F SECTION 3 - Summary financial data of BOCK-2 Poultry Ranch on July 1 are shown by the first equasion given below. Eachline disignated by a letter indicates the effect on the equation of a particular transaction. Describe each of the Bldg. $ 20,000 Receivable $ 18,000 $ (15,000) $ 3.000 Land $ 16,500 Equipment $ 12,000 Liabilities $ 10,500 Equity $ 60,000 + + + + + $ 20,000 $ 16,500 + SOUND $ 10,500 + + + $ 60,000 = $ 12,000 $ (4,000) $ 8,000 + + $ 3,000 $ 20,000 $ 16,500 $ 60,000 + + + + $ 10,500 $ (5,500) $ 5,000 11 11 $ 3.000 $ + 8,000 + + + $ 20,000 $ (10,000) $ 10,000 $ 16,500 $ (11,000) $ 5,500 $ 60,000 $ 2,000 $ 62,000 + + $ 5,000 + $ 3,000 $ 6,000 $ 9,000 + + + + $ 8,000 $ 16,000) S 2.000 $ 10,000 transactions. 2 Cash 3 $ 4,000 $ 15,000 5 B $ 19,000 6 $ 4,000 7 $ 23,000 C 8 $ (5,500) 9 $ 17,500 D 10 $ 23,000 11 E $ 40,500 12 13 $ 40,500 F 14 $ 13.000) 15 $ 27,500 16 17 18 19 B 20 21 22 23 D 24 25 26 27 $ 5,500 + $ 5,000 + + + $ 62,000 $ (13,000) $ 49,000 + $ 9,000 + $ 10,000 + $ 5,500 $ 2,000 $ 5,000 29

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