You operate a sneaker store for 3 months from February to April out of your parent's garage. Post the business's transactions by entering either a positive or negative value in the appropriate yellow cells. Inputs: You purchase sneakers at $130 and after painting and bedazzling them you sell them for $230. You pay no taxes and Net Income = Change in Equity. Business Transactions Accounting Transactions Income Statement Balance Sheet Transaction Date Cost of Revenues Accounts Payable Change in Assets = Change in Liabilities + Change in Equity Revenues SG&A Net Income Cash Accounts Receivable Inventory Prepaid Rent $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1/25/19 2/1/19 2/9/19 2/12/19 2/15/19 2/25/19 3/1/19 3/15/19 4/1/19 4/6/19 4/15/19 4/20/19 4/15/19 4/25/19 Prepay $450 for 3 Month Rental of Shelves (store 'fixtures') Receive February Shelf Rental Invoice Purchase 10 pairs on credit due 4/6 Sell 1 pair for cash Pay Owners February Salary of $30/month Sell 4 pairs on credit due 4/15 Receive March Shelf Rental Invoice Pay Owners March Salary of $30/month Receive April Shelf Rental Invoice Pay $1000 invoice for 2/9 merchandise purchase Pay Owners April Salary of $30/month Sell 3 pairs for cash Receive cash payment for 3/12 sale Sell 2 pairs at 20% discount for cash is is is us is is us is es us is es iss $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ You operate a sneaker store for 3 months from February to April out of your parent's garage. Post the business's transactions by entering either a positive or negative value in the appropriate yellow cells. Inputs: You purchase sneakers at $130 and after painting and bedazzling them you sell them for $230. You pay no taxes and Net Income = Change in Equity. Business Transactions Accounting Transactions Income Statement Balance Sheet Transaction Date Cost of Revenues Accounts Payable Change in Assets = Change in Liabilities + Change in Equity Revenues SG&A Net Income Cash Accounts Receivable Inventory Prepaid Rent $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1/25/19 2/1/19 2/9/19 2/12/19 2/15/19 2/25/19 3/1/19 3/15/19 4/1/19 4/6/19 4/15/19 4/20/19 4/15/19 4/25/19 Prepay $450 for 3 Month Rental of Shelves (store 'fixtures') Receive February Shelf Rental Invoice Purchase 10 pairs on credit due 4/6 Sell 1 pair for cash Pay Owners February Salary of $30/month Sell 4 pairs on credit due 4/15 Receive March Shelf Rental Invoice Pay Owners March Salary of $30/month Receive April Shelf Rental Invoice Pay $1000 invoice for 2/9 merchandise purchase Pay Owners April Salary of $30/month Sell 3 pairs for cash Receive cash payment for 3/12 sale Sell 2 pairs at 20% discount for cash is is is us is is us is es us is es iss $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $