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thank you in advance! Mr. Wood started practicing. Below are his first month transactions. 1. Began business by investing PLN 5,000 cash and land of
thank you in advance! Mr. Wood started practicing. Below are his first month transactions. 1. Began business by investing PLN 5,000 cash and land of PLN 4,500 2. Purchased PLN 750 worth of supplies on account 3. Paid rent for the month, PLN 300. 4. Received PLN 1,100 for services provided 5. Paid salaries for month, PLN 1.900. 6. Purchased printing equipment for PLN 1.000 cash. 7. Paid PLN 500 on account. 8. Withdrew PLN 500 for personal expenses. 9. Made improvements to land, paying PLN 1,500 cash. 10. Supplies on hand, PLN 400. RECORD THE TRANSACTIONS AND RUNNIN BALANCES BELOW Liabilities + Accounts Payable Equity Capital ASSETS Supplies land cash 1 2 BALANCE 10250 3 BALANCE 0 4 BALANCE 5 BALANCE 6 BALANCE 7 BALANCE 8 BALANCE 9 BALANCE 10 BALANCE
thank you in advance!
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