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3-Gone Fishing - Assets BB(1(3(7 Cash 25000 600000 380000...

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Assets Cash Account Receivable Inventories Supplies BB 25000 BB 80000 BB 60000 BB 7000 (1) 600000 (1) 400000 550000 (2) (10) 8000 (3) 380000 380000 (3) (4) 570000 15000 (7) 80000 15000 (6) 100000 80000 6000 520000 (5) 12000 (A3) 9000 90000 (8) 68000 115000 (9) 8000 (10) 20000 (11) 15000 (12) 302000 Prepaid Insurance Land Building Equipment BB 12000 BB 30000 BB 200000 BB 70000 (12) 15000 (11) 20000 27000 30000 200000 90000 12000 (A6) 15000 Accumulated Depreciation 48000 BB 48000 30000 (A7) 78000
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Liability Account Payable Unearned Revenue Interest Payable Wages Payable 50000 BB 40000 BB 10000 BB 9000 570000 (4) 80000 (7) (6) 10000 14000 (5) 520000 120000 0 23000 100000 (A2) 84000 10000 (A1) 36000 10000 Long-Term Note Payable 150000 BB 150000 Owner's Equity Contributed Capital Retained Earnings 40000 BB 137000 BB 40000 137000 1084000 835000 386000 Temporary Account Net Sales Revenue COGS General Store Expense Depreciation Expen 1000000 (1) (2) 550000 (8) 90000 (A7) 30000
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84000 (A2) (A3) 12000 90000 30000 1084000 562000 Interest Expense Wage Expense Supplies Expense Insurance Expense (6) 5000 (9) 115000 (A4) 6000 (A6) 12000 (A1) 10000 (A5) 14000 6000 12000 15000 129000 Entry# Journal Entry Dr. Cr. 1 Cash 600000 Account Receivable 400000     Net Sales Revenue 100 2 COGS 550000     Cash 55 3 Cash 380000     Account Receivable 38 4 Inventory 570000     Account Payable 57 5 Account Payable 520000     Cash 52 6 Interest Payable 10000
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