HW 2 Spreadsheet

HW 2 Spreadsheet - -70 100 8 sale merch on acc 80-45 35 80...

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ASSETS LIABILITIES EQUITY Income Statement Transaction Cash A/R Inventory Prepaid Exp PPE A/P U.R. Loan C.C. R.E. Rev Exp N.I. 1) issued shares 300 300 2) Loan 200 200 2.1) Interest 3) Building purchase -240 240 3.1) Depreciation 4) Equipment buy -100 100 4.1) Depreciation 5) buy Inv on account 260 260 6) pay supplier -160 -160 7) sale merchandise 170 -70
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Unformatted text preview: -70 100 170 70 100 8) sale merch on acc. 80-45 35 80 45 35 9) customers pay 35-35 10) Pay advance rent-36 36 10.1) Rent adjustment 11) pay salaries-40-40 40-40 12) advance payment 30 30 12.1) adjustment TRAI BALANCE 159 45 145 36 340 100 30 200 300 95 250 155 95 725 330 395 725 725...
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