Question
These are a list of the transactions I have from playing Monopoly. I need to create a balance sheet, income statement, and cash flow. STOCK-
These are a list of the transactions I have from playing Monopoly. I need to create a balance sheet, income statement, and cash flow.
STOCK- Issued $1500 common stock
LAND/STOCK- $600 issued for purchase of Land
1 RENT REVENUE- $16.00 From New York Ave
2 CONSULTING REV(ACCTS REC.) - Collected $200 for passing Go
3 LAND - Purchase Kentucky Ave $220.00
4 RENT EXPENSE - $200.00 for landing on Railroad
5 CONSULTING REV(ACCTS REC.) - Collected $200 for passing Go
6 DIVIDENDS - Paid $200 to bank for landing on Income Tax
7 RENT REVENUE - $2.00 from Mediterranean Ave.
8 UTILITIES - Purchase Electric Company $150.00
9 INVESTMENT INCOME - Earned $20.00 from Electric Company
10 RENT EXPENSE - $26.00 for landing on Pacific Ave.
11 RENT REVENUE - $16.00 from New York Ave.
12 DIVIDENDS - Paid $75.00 for Luxury Tax
13 CONSULTING REVENUE - $200.00 For Passing Go
14 LAND - Purchased Oriental Ave. for $100.00
15 RENT REVENUE - Movie Company to use property as set, collected $200.00
16 LAND - Purchased Atlantic Ave. for $200.00
17 LAND - Purchased Indiana Ave. for $200.00
18 BUILDINGS - Purchased a house for Kentucky Ave. For $150.00 19 DIVIDENDS - Paid $75.00 for Luxury Tax
20 CONSULTING REVENUE - $200.00 For Passing Go
21 TRAVEL EXPENSE - Paid $100 for landing on Pacific Railroad
22 RENT REVENUE - $40 from Illinois Ave.
23 BUILDINGS - Purchased a house for Indiana Ave. For $150.00
24 RENT EXPENSE - Paid $12.00 from landing on Virginia Ave.
25 RENT EXPENSE - Paid $14.00 for landing on St. James Place
26 RENT REVENUE - Earned $10 from States Ave.
27 RENT EXPENSE - Paid $56.00 for landing on Pennsylvania Ave.
28 RENT REVENUE - Earned $90 from Kentucky Ave.
29 CONSULTING REVENUE - $200.00 For Passing Go
30 TRAVEL EXPENSE - Paid $100 for landing on Pacific Railroad
31 RENT REVENUE - Earned $90.00 from Indiana Ave.
32 RENT EXPENSE - Paid $56.00 for landing on Pennsylvania Ave.
33 DIVIDENDS - Paid $75.00 for Luxury Tax
34 FINE EXP - Paid $50.00 Fee to get out of Jail
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