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 Liabilities + Owner’s Equity

$47,670

 
 Accounts
Payable
      
  Sugar Eclair,
  Capital

Decrease Increase         Decrease Increase  
Exp. Rev.
550 8,200
185  
735 8,200
 
200
         
47,470
  185         185  
  385           47,285
   
   
 Liabilities + Owner’s Equity

$47,470

 
 Accounts
Payable
      
   Sugar Eclair,
   Capital

Decrease Increase         Decrease Increase  
Exp. Rev.
735 8,200
   
735 8,200
 
385
         
47,285
200
             
  185           47,285
                 
 Liabilities + Owner’s Equity

$97,470

 
 Accounts
Payable
   Notes
    Payable
              Sugar Eclair,
           Capital

Decrease Increase Decrease Increase     Decrease Increase  
Exp. Rev.
735 8,200
   
735 8,200
 
185
 
     
47,285
      50,000        
  185   50,000       47,285
Learning Goal 11, continued
SOLUTIONS
 
Learning Goal 11: Begin to Record
 
S9
 

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