Practice HW Set #1 Chpts 1-4:
DO IT! 1-2
1.
2.
3.
4.
Drawings is owners drawings (D); it decreases owners equity.
Rent Revenue is revenue (R); it increases owners equity.
Advertising Expense is an expense (E); it decreases owners equity.
When the owner pu
Present Value Calculations
1 PV of Interest Payment #1
2 PV of Interest Payment #2
3 PV of Interest Payment #3
4 PV of Interest Payment #4
5 PV of Interest Payment #5
6 PV of Interest Payment #6
PV of all Interest Payments
PV of Principal Payment
Date
Cas