APPLICATION PROBLEM 1-4 Student's Name: Sarocha Wuttipong

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Assets = Liabilities + Owner's Equity

Trans. No. Accts. Rec.-- Accts. Pay.--

Prepaid Shannon O'Bryan,
Cash + Eden Wedding + Supplies + = Shutter +
Insurance Capital
Planners Supplies
Beg. Bal. 725 0 200 300 200 1,025
1. -400 -400 Expense
Beg. Bal. 325 0 200 300 200 625
2. -150 0 0 0 0 -150 Withdrawal
Beg. Bal. 175 0 200 300 200 475
3. 900 0 0 0 0 900 Revenue
Beg. Bal. 1,075 0 200 300 200 1,375
4. -100 0 0 0 0 -100 Expense
Beg. Bal. 975 0 200 300 200 1,275
5. 0 400 0 0 0 400 Revenue
Beg. Bal. 975 400 200 300 200 1,675
6. 650 0 0 0 0 650 Revenue
Beg. Bal. 1,625 400 200 300 200 2,325
7. -35 0 0 0 0 -35 Expense
Beg. Bal. 1,590 400 200 300 200 2,290
8. 300 -300 0 0 0 0 (no effect)
New Bal. 1,890 100 200 300 200 2,290