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Assignment 1 (ACT 201)

The document contains tabular analyses of the financial position of a business over multiple periods. Each analysis shows the assets, liabilities, and owners' equity of the business. The totals show that the accounting equation is balanced each period, with assets equalling the sum of liabilities and owners' equity.

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Jihadul Islam
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67 views4 pages

Assignment 1 (ACT 201)

The document contains tabular analyses of the financial position of a business over multiple periods. Each analysis shows the assets, liabilities, and owners' equity of the business. The totals show that the accounting equation is balanced each period, with assets equalling the sum of liabilities and owners' equity.

Uploaded by

Jihadul Islam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Tabular Analysis

Assignement 1
Name : Md. Jihadul Islam
ID : 1911024630
Sec : 7
Asset Liabilities Owners Equity

Cash ACC Rec Supp Equip ACC Payable +Owners - Owners +Revenue -Expense
Capital Drawin
g
+15000 +15000

-600 -600

-3000 +3000

+700 -700

-900 +900

+3000 +7000 +10,000

-600 -600

-500 -500

-2500 -2500

+4000 -4000

+13,900 +3000 +900 +3000 +200 +15000 -600 +10000 -3800

P1-1A

Asset = Liabilities + Owners Equity

20,800 = 200 + 20600

20800 = 20800
P1-2A
Asset Liabilities Owners Equity

Cash Acc Recv Supp Equip Acc Payable Notes Pay +Owners -Owners +Revenue
Capital Drawing

+5000 +1500 +500 +6000 +4200 +8800

+1200 -1200

-2800 -2800

+3000 +4500 +7500

-400 +2000 +1600

-2500

-900

-400

-700 -700

+2000

-270

14530 +5000 +9530

Asset = Liabilities + Owners Equity

14530 = 5000 + 9530

14530 = 14530
P1-4A
Asset Liabilities Owners Equity

Cash Acc Recv Supp Equip Acc Payable Notes Pay +Owners -Owners +Revenue
Capital Drawing

+7000 +7000

-900

+600 +600

-125

+4000 +4000

-1000 -1000

+5400 +5400

-2500

-600 -600 -

+4000 +4000

+5000

+4200 +4200

-275

19800 9200 10600

Asset = Liabilities + Owners Equity

19800 = 9200 + 10600

19800 = 19800

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