Copy of U2_L3_-_Activities_Answers

Copy of U2_L3_-_Activities_Answers - Liabilities and...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Dora's Construction Balance Sheet December 31, 20-- Assets Liabilities Bank $300 A/P - B.R. Associates $4,000 A/R - F. Swartz 350 Bank Loan 10,000 A/R - A. Iratha 1,100 Total Liabilities $14,000 Supplies 2,800 Equipment 19,750 Owner's Equity Trucks 36,780 D. Frango, Capital 47,080 Total Assets $61,080 Total Liabilities and Equity $61,080
Background image of page 1

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

View Full DocumentRight Arrow Icon
Dora's Construction Assets Bank A/R - F. Swartz A/R - A. Iratha Supplies Equipment Trucks Liabilities and Owner's Equity A/P - B.R. Associates Bank Loan D. Frango, Capital
Background image of page 2
Bellini Company Transaction Account Names (a) Bank Asset Increase DR A/R - F. Brant Asset Decrease CR Asset, Liability, or Owner's Equity Increase (+) or Decrease (-) Debit (DR) or Credit (CR)
Background image of page 3

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

View Full DocumentRight Arrow Icon
Amount 400.00 400.00
Background image of page 4
Dora's Construction Assets Bank A/R - F. Swartz A/R - A. Iratha 300 350 1,100 Supplies Equipment Trucks 2,800 19,750 36,780
Background image of page 5

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

View Full DocumentRight Arrow Icon
Background image of page 6
Background image of page 7
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Liabilities and Owner's Equity A/P - B.R. Associates Bank Loan D. Frango, Capital 4,000 10,000 47,080 Bellini Company Transaction Account Names (a) Bank Asset Increase DR A/R - F. Brant Asset Decrease CR (b) Supplies Asset Increase DR Bank Asset Decrease CR (c) A/P - Garden Co. Liability Decrease DR Bank Asset Decrease CR (d) Bank Asset Decrease CR R. Bellini, Capital Owner's Equity Decrease DR (e) Equipment Asset Increase DR Bank Asset Decrease CR A/P - ToolCo. Liability Increase CR (f) Bank Asset Increase DR R. Bellini, Capital Owner's Equity Increase CR Asset, Liability, or Owner's Equity Increase (+) or Decrease (-) Debit (DR) or Credit (CR) Amount 400.00 400.00 150.00 150.00 200.00 200.00 100.00 100.00 800.00 200.00 600.00 400.00 400.00...
View Full Document

This note was uploaded on 07/15/2011 for the course AFM 102 taught by Professor Aa during the Summer '07 term at Court Reporting Institute of Dallas.

Page1 / 7

Copy of U2_L3_-_Activities_Answers - Liabilities and...

This preview shows document pages 1 - 7. Sign up to view the full document.

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