Less Drawings 700 Owners capital JUDI SALEM ATTORNEY AT LAW

Less drawings 700 owners capital judi salem attorney

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Less: Drawings -700 Owner's capital, August 31 2,730 JUDI SALEM, ATTORNEY AT LAW Balance Sheet For the Month Ended August 31, 2017 Assets Cash $2,500 Accounts Receivable $4,800 Supplies $5,000 Equipment $8,000 Total assets $20,300 Liabilities and Owner's Equity Liabilities Notes payable $2,000 Accounts payable $3,270 Total liabilities 5,270 Owner's Equity Owner's Capital $8,800 Total liabilities and owner's equity $19,340
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ment, and balance sheet howed Cash $5,000, le $4,200 and Owner's balance is due in September. alance on account. payable. balances. The column Equipment = Notes Payable + nses. ugust and a balance a formula in cells with a "?" . UDI SALEM, ATTORNEY AT LAW Owner's Equity Notes Accounts Owner's Owner's Payable + Payable + Capital - Drawings + Revenues - $4,200 + $8,800 4,200 8,800 -2,800 1,400 + 8,800 7,500 1,400 + 8,800 + 7,500 1,600 3,000 + 8,800 + 7,500 3,000 + 8,800 + 7,500 - -700 3,000 + 8,800 - -700 + 7,500 - 2,000 2,000 + 3,000 + 8,800 - -700 + 7,500 - 270 $2,000 + $3,270 + $8,800 - -$700 + $7,500 -
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inder on account es, rent and advertising ments. UDI SALEM, ATTORNEY AT LAW Owner's Equity Notes Accounts Owner's Owner's Payable + Payable + Capital - Drawings + Revenues - $4,200 + $8,800 4,200 8,800 -2,400 1,800 + 8,800 7,500 1,400 + 8,800 + 7,500 1,600 3,000 + 8,800 + 7,500 3,000 + 8,800 + 7,500 - -700 3,000 + 8,800 - -700 + 7,500 - 2,000 2,000 + 3,000 + 8,800 - -700 + 7,500 - 270 $2,000 + $3,270 + $8,800 - -$700 + $7,500 -
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Expenses -2,500 -900 -400 -3,800 -3,800 -3,800 -270 -$4,070
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Expenses -2,800 -750 -375 -3,925 -3,800 -3,800 -270 -$4,070
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You will need to create your own template PART A General Journal Date Account Titles and Explanation 4/1/2017 Cash Owners Capital (Owner's investment of cash in bussiness) 1-Apr Rent Expense Cash (Paid april rent) 3-Apr Supplies Accounts Payable (purchased dental supplies on account from Dazzle Company) 10-Apr Accounts Recievable Unearned Service Revenue (performed service that was billed to insurance company) 11-Apr Cash Unearned Service Revenue (received 1,000 cash advance from Leah Mataruka for implant) 20-Apr Cash Service Revenue (received 2100 cash for services performed from michael santos) 30-Apr Accounts Payable Cash (Paid 2400 to Dazzle for accounts payable due) 30-Apr Salaries and Wages Expense Cash (paid salary on monthly basis) PART B General Ledger Cash Date Explanation 1-Apr (Owner's investment of cash in bussiness) 1-Apr (Paid april rent) 11-Apr (received 1,000 cash advance from Leah Mataruka for implant) 20-Apr (received 2100 cash for services performed from michael santos) 30-Apr (paid salary on monthly basis) 30-Apr (Paid 2400 to Dazzle for accounts payable due) Supplies Date Explanation 3-Apr (purchased dental supplies on account from Dazzle Company) Accounts Payable Date Explanation
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3-Apr (purchased dental supplies on account from Dazzle Company) 30-Apr (Paid 2400 to Dazzle for accounts payable due) Unearned Service Revenue Date Explanation 10-Apr (performed service that was billed to insurance company) 11-Apr (received 1,000 cash advance from Leah Mataruka for implant) Owner's Capital Date Explanation 1-Apr (Owner's investment of cash in bussiness) Serice Revenue Date Explanation 20-Apr (received 2100 cash for services performed from michael santos) Salaries and Wage Expenes Date Explanation 30-Apr (paid salary on monthly basis) Rent Expense Date Explanation 1-Apr (Paid april rent)
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