World Series Inc. provided batting lessons to the Dodgers during November 2020. A bill for $500 was sent but the payment has not arrived yet.

Please fill out these boxes:

for ALL of these boxes, you can choose - which indicates that none of the answers are applicable

Balance Sheet

cash asset box: -500, 500

Non-cash assets box 1: -500, 500

Non-cash assets box 2: Accounts receivable, Common stock, Inventory, retained earnings, unearned revenue

Liabilities box 1:- -500, 500

Liabilities box 2: Accounts receivable, Common stock, Inventory, retained earnings, unearned revenue

contrib capital box 1: -500, 500

contrib capital box 2: Accounts receivable, Common stock, Inventory, retained earnings, unearned revenue

earned capital box 1: -500, 500

earned capital box 2: Accounts receivable, Common stock, Inventory, retained earnings, unearned revenue

Income Statement

revenues box 1: 500 or -

revenues box 2: Accounts receivable, COGS, Service revenue, unearned revenue

expenses box 1: 500 or -

expenses box 2: Accounts receivable, COGS, Service revenue, unearned revenue

net income: -500 or 500

Balance Sheet: Income Statement