Asset

date/ No tran Cash AR Supplies Land Inventory

1 200,000 50,000
2 (80,000)
3 25,000
4 50,000
5 12,000
6 (5,000)
7 10,000 (10,000)
8 1,500
9 (1,000)
(2,000)
(1,500)
Sum 147,000 2,000 - 50,000 50,000
Total 332,500
Equation 332,500
 liabilities OE
Equipment AP OC OD Revenue Expense
250,000
80,000
25,000
50,000
12,000
5,000

(1,500)
(1,000)
(2,000)
(1,500)
83,500 50,000 250,000 - 37,000 (4,500)
50,000 282,500
332,500
TRUE
 Asset liabilities
date/ No tran Cash AR Supplies Equipment AP
a 15,000
b (7,500)
c (5,000) 15,000 (10,000)
d 1,000
e (2,800) 2,800
f 3,600
g (500)
(300)
h (300)
i (200)

Sum 3,000 - - 17,800 (10,000)

Total 20,800 (10,000)
Equation 20,800
 OE
OC OD Revenue Expense
15,000
7,500

1,000

3,600
(500)
(300)
(300)
200

15,000 - 12,300 (1,100)

26,200
16,200 FALSE
 Asset
date/ No tran Cash AR Supplies Building/ land…
1 15,000
2 (5,000) 5,000
3 (1,500)
4
5
6
7
8

Sum 8,500 - -
Total 8,500
Equation 8,500

11,150
 liabilities OE
Inventory Equipment AP OC OD Revenue
15,000

- - 15,000 - -
- 15,000
15,000
Expense

FALSE