E1-7

Assets Liabilities Equity 1.c

Transaction Account Accounts Share Retained Earnings 2.d
Cash Supplies Equipment
Receivable Payable Capital Rev. Exp. Div. 3.a
1 R$ 20,000 R$ 20,000 4.b
2 -R$ 3,000 -R$ 3,000 5.d
3 R$ 14,000 R$ 14,000 6.b
4 R$ 2,400 R$ 2,400 7.e
5 -R$ 11,000 -R$ 11,000 8.f
6 R$ 32,000 R$ 32,000
7 -R$ 20,000 -R$ 20,000
8 -R$ 1,100 -R$ 1,100
R$ 13,300 R$ - R$ - R$ 20,000 R$ - R$ 32,000 R$ 16,400 -R$ 15,100
R$ 33,300 R$ 32,000 R$ 1,300
Total R$ 33,300 R$ 33,300

P1-1A

Assets Liabilities Equity

Transaction Account Accounts Share Retained Earnings
Cash Supplies Equipment
Receivable Payable Capital Rev. Exp. Div.
1 £ 10,000 £ 10,000
2 -£ 5,000 £ 5,000
3 -£ 400 -£ 400
4 -£ 700 £ 700
5 £ 250 -£ 250
6 £ 4,700 £ 4,700
7 -£ 1,000 -£ 1,000
8 -£ 1,000 -£ 1,000
9 -£ 160 -£ 160
10 £ 980 £ 980
11 £ 120 -£ 120
£ 6,560 £ 860 £ 700 £ 5,000 £ 250 £ 10,000 £ 5,680 -£ 1,810 -£ 1,000
£ 13,120 £ 10,250 £ 2,870
Total £ 13,120 £ 13,120

Service Revenue ( 4,700 + 980) = 5680 Name : Richard Baggio Tan

Expenses NIM : 2301886840
Salaries and wages -1000

Rent -400
Advertising -250
Utilities -160
Net Income 3870