This document summarizes the transactions of a business over a period of time to calculate its assets, liabilities, and equity. It tracks increases and decreases to cash, accounts receivable, supplies, equipment, building, accounts payable, notes payable, and the owner's capital from 10 separate transactions. The balances are calculated at the end to ensure the accounting equation of assets = liabilities + equity is balanced at $801,600.
This document summarizes the transactions of a business over a period of time to calculate its assets, liabilities, and equity. It tracks increases and decreases to cash, accounts receivable, supplies, equipment, building, accounts payable, notes payable, and the owner's capital from 10 separate transactions. The balances are calculated at the end to ensure the accounting equation of assets = liabilities + equity is balanced at $801,600.
This document summarizes the transactions of a business over a period of time to calculate its assets, liabilities, and equity. It tracks increases and decreases to cash, accounts receivable, supplies, equipment, building, accounts payable, notes payable, and the owner's capital from 10 separate transactions. The balances are calculated at the end to ensure the accounting equation of assets = liabilities + equity is balanced at $801,600.
This document summarizes the transactions of a business over a period of time to calculate its assets, liabilities, and equity. It tracks increases and decreases to cash, accounts receivable, supplies, equipment, building, accounts payable, notes payable, and the owner's capital from 10 separate transactions. The balances are calculated at the end to ensure the accounting equation of assets = liabilities + equity is balanced at $801,600.
