E3-3,8, 11 - E3-3 1 2 3 4 5 E3-11 Dr Cash Cr Accounts...

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E3-3 E3-11 1) Dr. Cash 450 ANDERSON COOPER CO. Cr. Accounts Receivable 450 Income Statement 2) Dr. Equipment 3,200 For the year ended December 31, 2014 Cr. Office Expense 3,200 Revenue 3) Dr. Service Revenue $11,590 Cr. Service Revenue 2,025 Expenses 4) Dr. Salaries and Wages Expense $6,840 Cr. Cash 190 Rent Expense 2,260 5) Dr. Depreciation Expense 145 Cr. Service Revenue 80 Interest Expense 83 Total Expenses 9,328 BLUES TRAVELER CORPORATION Net Income $2,262 Trial Balance 30-Apr-14 ANDERSON COOPER CO. Dr. Cr. Statement of Retained Earnings Cash $6,172 For the year ended December 31, 2014 Accounts Receivable 4,790 Retained Earnings, January 1 $11,310 Supplies 2,967 Add: Net Income 2,262 Equipment 9,300 13,572 Accounts Payable $7,044 Less: Dividends 3,000 Common Stock 8,000 Retained Earnings, December 31 $10,572 Retained Earnings 2,000 Service Revenue 7,305 Office Expense 1,120 $24,349 $24,349 E3-8

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