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  • CPAR1

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    vijayvardhanrajb
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    This document appears to be a balance sheet for a business called College Park Auto Repair. It lists the business's assets on the left side which include cash, accounts receivable, supplies, and equipment. The liabilities and owner's equity are listed on the right side, including accounts payable and owner's equity called CPAR Capital. The totals for assets and liabilities/owner's equity are equal, showing the accounting equation is balanced at $22,380.

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    This document appears to be a balance sheet for a business called College Park Auto Repair. It lists the business's assets on the left side which include cash, accounts receivable, supplies, and equipment. The liabilities and owner's equity are listed on the right side, including accounts payable and owner's equity called CPAR Capital. The totals for assets and liabilities/owner's equity are equal, showing the accounting equation is balanced at $22,380.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views2 pages

    CPAR1

    Uploaded by

    vijayvardhanrajb
    This document appears to be a balance sheet for a business called College Park Auto Repair. It lists the business's assets on the left side which include cash, accounts receivable, supplies, and equipment. The liabilities and owner's equity are listed on the right side, including accounts payable and owner's equity called CPAR Capital. The totals for assets and liabilities/owner's equity are equal, showing the accounting equation is balanced at $22,380.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    College Park Auto Repair

    Assets = Liabilities +

    Accounts Accounts
    Cash + Receivable + Supplies + equipment = +
    Payable

    18000
    -320 320
    1150 1150
    -1700 1700
    120
    2650
    650 400
    -350

    -120

    18810 400 320 2850 1270

    22380 22380
    o Repair
    Owners Equity

    CPAR Capital

    18000

    -120
    2650
    1050
    -350

    -120

    21110

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