Excel_Chapter 1

Excel_Chapter 1 - Name Section Date (a) Barone's Repair...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
14 Name Problem 1-1A Section Date Barone's Repair Shop (a) Barone's Repair Shop Assets = Liabilities + Owner's Equity Trans- Accounts Accounts N. Barone, actions Cash + Receivable + Supplies + Equipment = Payable + Capital 1 1. 10,000 10,000 Investment 1 2 2 3 2. -5,000 5,000 Purchase Equipment 3 4 5,000 5,000 10,000 4 5 3. -400 -400 Rent Expense 5 6 4,600 5,000 9,600 6 7 4. 500 500 Supplies 7 8 4,600 500 5,000 500 9,600 8 9 5. 250 -250 Advertising Costs 9 10 4,600 500 5,000 750 9,350 10 11 6. 5,100 5,100 Service Revenue 11 12 9,700 500 5,000 750 14,450 12 13 7. -1,000 -1,000 Drawings 13 14 8,700 500 5,000 750 13,450 14 15 8. -2,000 -2,000 Salaries Expense 15 16 6,700 500 5,000 750 11,450 16 17 9. -140 -140 Utilities Expense 17 18 6,560 500 5,000 750 11,310 18 19 10 750 750 Service Revenue 19 20 6,560 750 500 5,000 750 12,060 20 21 11. 120 -120 21 22 6,680 630 500 5,000 750 12,060 22 23 23
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
15 Name Problem 1-1A Section Date Barone's Repair Shop (b) Barone's Repair Shop Incom Statement For the Month Ended May 1 Revenues 1 2 Service Revenue 5,850 2 3 3 4 4 5 Expenses
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/12/2008 for the course ACCT 101 taught by Professor Ggode during the Summer '08 term at Lindenwood.

Page1 / 12

Excel_Chapter 1 - Name Section Date (a) Barone's Repair...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online