Homework #2 - Student Name: Jeremy Pflug Class: Acct 600...

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Student Name: Jeremy Pflug Class: Acct 600 Problem 02-30 Requirement a. Ohio Mining Company Accounting Equation for 2010 Assets = Liabilities + Stockholders' Equity Type of Accounts Prepaid Accounts Salaries Unearned Common Retained Event Event Cash Receivable Supplies Rent Land = Payable Payable Revenue + Stock Earnings 1 AS 60,000 NA NA NA NA NA NA NA 60,000 NA 2 AU NA NA (1,600) NA NA 1,600 NA NA NA NA 3 AE (20,000) NA NA NA 20,000 NA NA NA NA NA 4 AU (1,600) NA NA NA NA (1,600) NA NA NA NA 5 AS NA 68,000 NA NA NA NA NA NA NA NA 6 AU (22,000) NA NA NA NA NA NA NA NA NA 7 AS NA 46,000 NA NA NA NA NA NA NA AN 8 AU NA NA NA NA NA NA (2,100) NA NA NA 9 AE NA NA 200 NA NA NA NA NA NA NA Totals $16,400 $104,000 $(1,400) - 20,000 = - (2,100) - + 60,000 - Try again! Try again! Try again! Correct! Correct! Correct! Try again! Correct! Correct! Try again! Ohio Mining Company Accounting Equation for 2010 Assets = Liabilities + Stockholders' Equity Type of Accounts Prepaid Accounts Salaries
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This note was uploaded on 08/28/2011 for the course BUS 600 taught by Professor Thomas during the Spring '11 term at Morehead State.

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Homework #2 - Student Name: Jeremy Pflug Class: Acct 600...

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