13 - CASH 5,000 20,000 5,000 56,000 8,000 3,000 bal 27,000...

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CASH 5,000 20,000 18,000 5,000 56,000 8,000 3,000 bal 27,000 28,000 3,000 11,000 10,000 AR 4,000 9,000 8,000 bal 5,000 SUPPLIES 2,000 10,000 4,000 bal 4,000 SMALL TOOLS 6,000 3,000 1,000 bal 8,000 EQUIPMENT 18,000 bal 18,000 ACCUM. DEPR. 2,000 bal 2,000 OTHER ASSETS 9,000 bal 9,000 ACCOUNT PAYABLE 7,000 11,000 7,000 10,000 bal 13,000 NOTES PAYABLE 20,000 bal 20,000 WAGES PAYABLE 3,000 bal 3,000 INTEREST PAYABLE 1,000 bal 1,000 INCM TAX PAYABLE 4,000 bal 4,000 UNEARNED REV. 3,000 bal 3,000 CONTR. CAPITAL 15,000 5,000 bal 20,000 RETAINED EARNING 4,000 10,000 11,000 bal 5,000 SERVICE REVENUE 65,000 65,000 bal 0 DEPRECIATION XP 2,000 2,000 bal 0
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WAGES XP 3,000 3,000 bal 0 INCM TAX XP 4,000 4,000 bal 0 INTEREST XP 1,000 1,000 bal 0 a. Cash (+A) 20,000 Note Payable (+L) 20,000 b. Equipment (+A) 18,000 Cash (-A) 18,000 c. Cash (+A) 5,000 Contr. Capital (+SE) 5,000 d. Cash (+A) 56,000 Accounts Rec. (+A) 9,000 Service Rev. (+R) 65,000 e. Remaining XP (+E) 35,000 Accounts Payable (+L) 7,000 Cash (-A) 28,000 f. Small Tools (+A) 3,000 Cash (-A) 3,000 g. Cash (+A) 8,000 Accounts Receivable (-A) 8,000 h. Accounts Payable (-L) 11,000 Cash (-A) 11,000 i. Supplies (+A)
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This note was uploaded on 05/07/2008 for the course H ADM 121 taught by Professor Ddittman during the Spring '07 term at Cornell University (Engineering School).

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13 - CASH 5,000 20,000 5,000 56,000 8,000 3,000 bal 27,000...

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