Assets Liabilities Owner's Equity

Capital Profit/Loss

Cash/Bank 30,000.00 Capital 30,000.00

Cash/Bank 20,000.00 Loan 20,000.00
Cash/Bank (6,000.00)
Prepaid/Advance Rent 6,000.00
Cash/Bank (5,000.00)
Office Supplies 5,000.00
Cash/Bank (27,000.00)
Office Eqp. 27,000.00
Cash/Bank 40,000.00
Revenue
Accounts Recievable 7,000.00
Cash/Bank (900.00)
Office Supplies 900.00
Office Supplies (1,700.00) Expenses
Rent (3,000.00) Expenses
Cash/Bank (6,000.00) Expenses
Prepaid/Advance Rent 3,000.00
Cash/Bank (33,000.00) Expenses
Office Eqp. 11,000.00
Cash/Bank (5,500.00) Accounts Payable 5,500.00
Interest Payable 200.00 Expenses
Office Eqp. (1,540.00) Expenses

60,260.00 25,700.00 30,000.00

r's Equity Assets Liabilities & Owners's Equity
Profit/Loss Cash/Bank 12,000.00 Loan
Prepaid/Advance Rent 6,000.00 Capital
Office Supplies 5,000.00
Office Eqp. 27,000.00

50,000.00

Assets Owners's Equity

Cash/Bank 6,600.00 Capital
Prepaid/Advance Rent 9,000.00 Profit/Loss
47,000.00
Office Supplies 4,200.00 Liabilities
Office Eqp. 36,460.00 Loan
Accounts Recievable 7,000.00 Accounts Payable
(1,700.00) Rent (3,000.00) Interest Payable
(3,000.00)
(3,000.00) 60,260.00

(33,000.00)

(200.00)
(1,540.00)

4,560.00 -
ties & Owners's Equity
20,000.00
30,000.00

50,000.00

Owners's Equity
30,000.00
4,560.00
Liabilities
20,000.00
5,500.00
200.00

60,260.00
Income Statement for the Period 1/7 - 31/8

Revenues 47,000.00
Expenses
Office Supplies 1,700.00
Rent 6,000.00
Salaries 33,000.00
Interest 200.00
Depericiation 1,540.00 42,440.00

Profit 4,560.00
Cash Flow Statement for Period 1/7 - 31/8

Operating
Cash Recd from Customer 40,000.00
Cash paid to Suppliers (900.00)
Rent Paid (6,000.00)
Salaries (33,000.00)

Investing
Purchase of office eqp (5,500.00)

Financing