Professional Documents
Culture Documents
BT
BT
($600)
($700)
($600)
($2,500)
Assets Liabilities
Date Cash Accounts Receivable Supplies Equipment Notes Payable Accounts Payable
1-Jun $10,000
2 ($2,000) $14,000 $12,000
3 ($500)
5 $4,800
9 ($300)
12 $150 $150
15 $1,250 ($1,250)
17 $100
20 $1,500
23 ($500) ($500)
26 ($250)
29 ($100) ($100)
30 ($1,000)
$8,100 $3,550 $150 $14,000 $11,500 $150
$25,800 $25,800
Rev. = $6300
Exp. = $1850
Net income = $4450
Equity
Share capital Rev. Exp. Div.
$10,000
($500)
$4,800
($300)
($100)
$1,500
($250)
($1,000)
$10,000 $6,300 ($1,850) ($300)