Homework 2 - Valerie Bodden 10-0014 Accounting HW #2 Pag....

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Valerie Bodden 10-0014 Pag. 48, P1-47 Assets = Liabilities + Cash + Supplies + + + = + 10,000 + + + + = + 10,000 10,000 + + + + = + 10,000 (500) + + + + = + (500) 9,500 + + + + = + 9,500 (2,000) + + 2,000 + + = + 7,500 + + 2,000 + + = + 9,500 + + + + 3,600 = 3,600 + 7,500 + + 2,000 + + 3,600 = 3,600 + 9,500 + 300 + + + = 300 + 7,500 + 300 + 2,000 + + 3,600 = 3,900 + 9,500 + + + 1,700 + = + 1,700 7,500 + 300 + 2,000 + 1,700 + 3,600 = 3,900 + 11,200 (200) + + + + = + (200) 7,300 + 300 + 2,000 + 1,700 + 3,600 = 3,900 + 11,000 800 + + + + = + 800 8,100 + 300 + 2,000 + 1,700 + 3,600 = 3,900 11,800 Accounting HW #2 Owners' Equity Equipmen t Accounts Receivable Office furniture Accounts payable Arthur Shore, Capital
Background image of page 1

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

View Full DocumentRight Arrow Icon
Valerie Bodden 10-0014 Pag. 48, P1-47 Income Statement Month ended December 31, 2010 Revenue: 2500 Expenses: 500 200 700 Net income 1800 Accounting HW #2 Consulting Services Office Rent Expenses Total expenses
Background image of page 2
Valerie Bodden 10-0014 Pag. 48, P1-47 Haupt Consulting Statement of Owner's Equity Month ended December 31, 2010 Haupt Consulting, Capital, December 31, 20 $- Add: Investments by owner 10,000 Net income 1,800 $11,800 Less: Withdrawals - Haupt Consulting, Capital, December 31, 20 $11,800 Accounting HW #2
Background image of page 3

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

View Full DocumentRight Arrow Icon
Valerie Bodden 10-0014 Page 48, P1-47 Haupt Consulting Balance Sheet 31-Dec-10 Assets Liabilities Cash $8,100 $3,900 1,700 Supplies 2300 Owner’s Equity 3,600 11,800 Total assets 15,700 15,700 Accounting HW #2 Accounts payable Accounts receivable Office Furniture Haupt Consulting, Capital Total liabilities and Qwner’s Equity
Background image of page 4
Valerie Bodden Donna White Design Consultant 10-0014 January 31, 2010 17-May-10 Page 103: P2-29A
Background image of page 5

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

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

Page1 / 12

Homework 2 - Valerie Bodden 10-0014 Accounting HW #2 Pag....

This preview shows document pages 1 - 6. Sign up to view the full document.

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