The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business
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Question:
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 Equity
Transaction Cash Accts.Rec. Supp. Equip. Accts.Pay. G. Sawyer, Capital Rev. Exp.
1 +74,000 +74,000
2 8,600 +8,600
3 +5,600 +5,600
4 +4,080 +4,080
5 3,700 3,700
6 + 710 710
7 2,800 2,800
8 490 ______ +490______ ________ _______ ______ ______
Bal 59,120 + 4,890+ 490 + 12,680 =4,080 +71,200 + 5,600 3,700
Prepare the statement of owner's equity for Sawyer Architecture Services for the month ended June 30, 2019.
Posted Date: