Assets Liabilities Equity

Cash 12,000 Loan 20,000 Maria's equity 30,000

Office supplies 5,000
PPE 27,000
Prepaid rent 6,000
Balance
2nd July,
2004 50,000 50,000

Cash payment 40,000

A/c receivables 7,000 Revenue 47,000

cash for office supplies -900

Office supplies 900
Consumption of office
Changes supplies -800 Expense -800
Cash for rent -6,000 Rent expense -6,000

Cash for utilities, expense for utilities,

repairs, salaries -33,000 repairs, salaries -33,000
D&A -1,500 D&A expense -1,500
Cash for PPE -5,500 a/c payables 5,500
PPE 11,000
Provision for int 200 Short term liabilities 200

Cash 6,600 Loan 20,000 Maria's equity 41,200

PPE 36,500 Short term liabilities 200
Office supplies 5,100
Prepaid rent 6,000
a/c receivables 7,000
Provision for int 200
Balance
31st Aug,
2004 61,400 61,400

Value of Maria's equity has risen