1-5A - Problem 1-5A Name: Section: Enter the appropriate...

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Problem 1-5A Name: Section: Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 1. Assets = Liabilities + Stockholders' Equity Accounts Accounts Capital Cash + Receivable + Supplies + Land = Payable + Stock + Retained Ea 8,500 + 15,500 + 1,600 + 18,000 = 5,200 + 15,000 + Retained Ea 43,600 = 5,200 + 15,000 + Retained Ea 23,400 = Retained Earnings Enter the appropriate amount or item in the shaded cells. Place a plus sign or minus sign in the small box beside the amoun Row (a) has been completed as an example. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 2. Assets = Liabilities + Accounts Accounts Capital Retained Cash + Receivable + Supplies + Land = Payable + Stock + Earnings - Bal. 8,500 15,500 1,600 18,000 5,200 15,000 23,400 a. + 30,000 + 30,000 Bal. 38,500 15,500 1,600 18,000 5,200 45,000 23,400 b. - 22,000 + 22,000 Bal. 16,500 15,500 1,600 40,000 5,200 45,000 23,400
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This note was uploaded on 04/22/2009 for the course BUS 181 taught by Professor Ms. smith during the Spring '09 term at Harold Washington College - CCC.

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1-5A - Problem 1-5A Name: Section: Enter the appropriate...

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