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Woody's Web Service Business Transactions On June 1,20xx of the curent year, opened Wilson Wood Web Services This is a sole proprietorship had the following
Woody's Web Service Business Transactions On June 1,20xx of the curent year, opened Wilson Wood Web Services This is a sole proprietorship had the following transactions during June LiabilitiesEqu Assets Accounts Running a. Opened a business checking account and made a deposit,$9,000 b. Paid rent for June for office space and equipment, $3,000 c.Purchased office supplies(pens,stamps) on account $1,980 d.Received cash for services rendered, $4,500 e. Paid creditor for office supplies purchased on account, $1,400. f. Purchased office supplies for cash, $420 g. Billed clients or consultations performed on account, $4,600 h. Paid monthly internet service bill of $360, l. Paid secretary's salary of $2,400 . Retuned $300 of office supplies purchased in transaction f. Recelved a full refund k. Recelved cash from clients previously billed, $3,000 I. Cash was withdrawn for ownr's personal use, S2,000 m. It has been determined that the cost of the supplies during the month was, $600 Compete tansactions on template and then complete Financlal Statements fill in the question marks. Office Cash Receivable Supplies Payable Capital Balance $9,000 9,000 9,000 13,500 13,500 13,080 13,080 13,080 13,080 13,380 16,380 14,380 14,380 $9,000 (3,000) ,980 4,500 1.400) (420) 1i (360) (2,400) 300 ? 3,000 ? (2,000) 2 $14,380 S0$1.380(1400)$7840 Balance Verification Total assets Total liabilities and equity Difference S15,760 6,440 $9,320
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