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  • Financial Accounting 1 Assignment 1

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    TALAAY BINALI
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    © All Rights Reserved
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    2 views1 page

    Financial Accounting 1 Assignment 1

    Uploaded by

    TALAAY BINALI

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Owners

    Asset = Liabilites
    Capital

    Account Account
    Date Cash Equipments Supplies =
    Receivable Payable

    1-May 10000 = 10000 Invested


    2-May -5000 5000 =
    3-May -400 = -400 Rent
    4-May -500 500 =
    5-May = 250 -250 Advertisment
    6-May 6100 = 6100 Revenue
    7-May -1000 = -1000 Drawing
    8-May -2000 = -2000 Salaries
    9-May -170 = -170 Utility Bill
    10-May 750 = 750 Revenue
    11-May 120 -120 =

    7150 630 5000 500 = 250 13030


    13280 = 13280

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