You purchase sneakers at $140 and after painting and bedazzling them you sell them for $240.

You pay no taxes and Net Income = Change in Equity.

Post the business's transactions by entering either a positive or negative value in the appropriate yellow cells.

359 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 \$140 and after painting and bedazzling them you sell them for $240. You pay no taxes and Net Income = Change in Equity. Management Reporting 359 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 \$140 and after painting and bedazzling them you sell them for $240. You pay no taxes and Net Income = Change in Equity. Management Reporting