week 1 E2-1 - NA NA 7. -70000-70000 NA NA 8. + 55,000 NA NA...

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Assets = Liabili ties + Paid- in Capita l + Retained Earnings 1. + 300,000 NA 0 + 300,000 NA 0 2. - 10,000 NA 0 NA 0 NA 0 + 40,000 + 30,000 NA 0 NA 0 3. + 90,000 + 90,000 NA 0 NA 0 4. + 120000 NA 0 NA 0 + 120000 - 70000 NA 0 NA 0 - 70000 5. - 5000 NA 0 NA 0 - 5,000 6. - 6,000 NA 0 NA 0 NA 0 + 6,000 NA
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Unformatted text preview: NA NA 7. -70000-70000 NA NA 8. + 55,000 NA NA NA-55,000 NA NA NA 9. -1,000 NA NA-1,000...
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This note was uploaded on 03/30/2010 for the course COB ACCY 202 taught by Professor Shapland during the Spring '10 term at University of Illinois, Urbana Champaign.

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week 1 E2-1 - NA NA 7. -70000-70000 NA NA 8. + 55,000 NA NA...

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