01-4B_22e - i. Bal. Not all shaded cells require answers....

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Problem 1-4B Name: SOLUTION Section: Enter the appropriate amount or item in the shaded cells. Place a plus sign or minus sign in the small box beside the amount. N Rows (a) and (b) have been completed as an example. An asterisk (*) will appear next to an incorrect amount in the outlined ce 1. Assets = Liabilities + Owner's E Accounts Britt Quinn, Britt Quinn, Sales Ofc. Salaries Cash + Supplies = Payable + Capital - Drawing + Comm. - Expense - a. + 30,000 + 30,000 b. - 2,200 - Bal. 27,800 30,000 c. Bal. d. Bal. e. Bal. f. Bal. g. Bal. h. Bal.
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Unformatted text preview: i. Bal. Not all shaded cells require answers. ells. quity Rent Auto Supplies Misc. Expense-Expense-Expense-Expense 2,200-2,200 Problem 1-4B (cont'd) Name: Section: 2. UPTOWN REALTY Income Statement Expenses: Total expenses Net income UPTOWN REALTY Statement of Owner's Equity Britt Quinn, capital, April 1, 2008 Britt Quinn, capital, April 30, 2008 UPTOWN REALTY Balance Sheet Assets Liabilities Owner's Equity Total liabilities and Total assets owner's equity...
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01-4B_22e - i. Bal. Not all shaded cells require answers....

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