Acct HW 3 - Event Hamby Inc. General Ledger Accounts Assets...

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Hamby Inc. General Ledger Accounts Event Assets = Liabilities + Stockholder’s Equity Acct. Titles for Ret. Earn. Cash Account s Receiva ble = Salaries Payable + Commo n Stock Retaine d Earning s 1 = + 2 = + 3 = + 4 = + 5 = + 6 = + Total Amt. = + Hamby Inc. Income Statement For the Year Ended December 31, 2011 Rental revenue (assets increases) Operating expenses (assets decreases) ______________ Net Income Hamby Inc. Statement of Changes in Stockholder’s Equity For the Year Ended December 31, 2011 Beginning common stock Plus: common stock issued _________________ Ending common stock Beginning retained earnings Plus: Net Income Less: Dividends _________________ Ending retained earnings ___________________ Total stockholder’s equity
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___________________ Hamby Inc. Balance Sheet As of December 31, 2011 Assets Cash Accounts Receivable ___________________ Total Assets _________________ Liabilities Salaries Payable Stockholders’ Equity Common Stock Retained Earnings ____________________ Total Stockholders’ equity
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Acct HW 3 - Event Hamby Inc. General Ledger Accounts Assets...

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