MODULE 1 PROBLEM.xlsx - TOTAL ASSETS BEGINNING $ CHANGE $ ENDING $ TOTAL ASSETS BEGINNING $ CHANGE ENDING $ TOTAL ASSETS BEGINNING $ CHANGE $ ENDING $

MODULE 1 PROBLEM.xlsx - TOTAL ASSETS BEGINNING $ CHANGE $...

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TOTAL ASSETS BEGINNING $ 660,000.00 CHANGE $ 225,000.00 ENDING $ 885,000.00 - TOTAL ASSETS BEGINNING $ 660,000.00 - CHANGE ENDING $ 745,000.00 = TOTAL ASSETS BEGINNING $ 660,000.00 CHANGE $ 60,000.00 ENDING $ 600,000.00 = Cash Account receivable Equipment Buildings Land Total Assets Liabilities Accounts payable Stockholder equity Common stock Retained earning Revenues Service revenue Expanses Salaries and wages expanse Insurance expanse Rent expanse Utilities expense
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Total expanse Net income F Retained Earnings, October 1 Add: Net income Less: Dividend Retained Earnings, October 31 Cash Account receivable Equipment Supplies Total Assets Liabilities Accounts payable Stockholder equity Common stock Retained earning
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TOTAL LIABILITIES STOCKHOLDER EQUITY $ 300,000.00 $ 100,000.00 $ 200,000.00 = $ 685,000.00 TOTAL LIABILITIES STOCKHOLDER EQUITY $ 300,000.00 = $ 360,000.00 $ 215,000.00 $ 130,000.00 $ 515,000.00 + $ 230,000.00 TOTAL LIABILITIES STOCKHOLDER EQUITY
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