Singh Services Inc. Transactions Worksheet Date Assets Liabilities + S/H Equity Description Acct. Ppd. Unused Bank Acct. Unear. Comm. Ret. August Cash + Rec. + Exp. + Supp. + Truck = Loan + Pay. + Rev. + Stock 1+ Earn. 1 5,000 5,000 7,000 7,000 -6,000 6,000 4 -600 600 5 5,000 5,000 7 1,000 9 -200 1,000 12 100 100 15 400 -400 2,120 16 -200 20 -80 -80 25 -700 -2,000 -200 -500 28 Called clients 29 3,500 -3,500 31 -60 31 20 Totals 6,920 4,100 540 80 6,000 7,000 20 2,500 5,000 2,120 ASSETS = 17,640 LIAB. + S/H EQUITY = 17,640