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Transaction Assets = Liabilities + Owner's Equity

1 10,000 10,000
2 -100 -100
3 5,000
-5,000
4 7,000 7,000
5 -600 -600
6 900 900
Totals 17,200 7000 10,200

17,200 = 17,200
Assets = Liabilities
Transaction
No. Prepaid Accts. Pay--
Cash + Supplies + =
Insurance Knapp Co.

1 5000 =
2 -1800 1800 =
3 700 =
4 200 = 200
5 -300 =
6 -100 100 =
7 -100 = -100
8 1000 =
Acc. Balance 3700 + 1000 + 1800 = 100

6500 = 6500
Liabilities + Owner's Equity

Accts. Pay-- Bethany Hartman,


+ +
Hickman Mowing Capital

+ 5000
+
700 +
+
-300 +
+
+
+ 1000
+ 400 + 6000

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