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	Liabilities + Owner’s Equity

$97,560

Accounts Payable		Notes Payable		Unearned Revenue		Suagr Eclair, Capital				Exp. Rev.   735 8,200   900   1,635 8,200
Decrease	Increase	Decrease	Increase	Decrease	Increase	Decrease	Increase
	1,685		50,000		590		45,285
	900					900
	2,585		50,000		590		44,385

	Liabilities + Owner’s Equity

$97,560

Accounts Payable		Notes Payable		Unearned Revenue		Suagr Eclair, Capital			Exp. Rev.   1,635 8,200      1,635 8,200
Decrease	Increase	Decrease	Increase	Decrease	Increase	Decrease	Increase
	2,585		50,000		590		44,385
	2,585		50,000		590		44,385

What are the total revenues that the club received during September? $8,200
What are the total expenses of the club during September? $1,635
Calculate the club’s net income or loss during September. $8,200 – 1,635 = $6,565 net income

Learning Goal 11: Begin to Record

S13

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