Skip to Primary Content Skip to Secondary Content

Home || Basic Accounting - Vol. 1 Solutions

Contact Us | Terms of Use | Privacy Policy

   
   
 Liabilities + Owner’s Equity
$45,320
 
 Accounts
Payable
      
Sugar Eclair,
Capital

Decrease Increase         Decrease Increase  
Exp. Rev.
   
  5,300
  5,300
 
200
         
39,820
             
5,300
  200           45,120
   
   
 Liabilities + Owner’s Equity
$48,220
 
 Accounts
Payable
      
Sugar Eclair,
Capital

Decrease Increase         Decrease Increase  
Exp. Rev.
  5,300
  2,900
  8,200
 
200
         
45,120
             
2,900
  200           48,020
                 
 Liabilities + Owner’s Equity
$47,670
 Accounts
Payable
      
Sugar Eclair,
Capital

Decrease Increase           Decrease Increase  
Exp. Rev.
  8,200
550  
550 8,200
 
200
             
48,020
             550  
   
  200           47,470
Learning Goal 11, continued
SOLUTIONS
 
Learning Goal 11: Begin to Record
 
S7
 

Home || Book Publications || Professor’s Office || Student Info & Resources || Useful Links

Contact Us || Site Map || Terms of Use || Privacy Notice

Worthy & James Publishing is a provider of basic accounting books covering fundamental accounting principles, business accounting, and business math. Topics in financial accounting and business accounting covered include the balance sheet, the income statement, financial ratios, and bank reconciliation.

©2006-2007 Worthy & James Publishing. All rights reserved. Web Development and Design by Dayspring Technologies, Inc.