ASSETS

ANTONELLI'S

ACCOUNTING A/R A/R Total

SERVICES Cash Jones Travel F. Leonel Supplies Equipment Assets
Beginning 275 300 350 700 900 2 525

Transaction 1 2 525

Transaction 2 2 525

Transaction 3 2 525

Transaction 4 2 525

Transaction 5 2 525

Transaction 6 2 525

Transaction 7 2 525

Transaction 8 2 525

Transaction 9 2 525

Transaction 10 2 525

Transaction 11 2 525

Transaction 12 2 525

Ending 275 300 350 700 900 2 525

Fundamental Accounting Equation Verification

Assets = Liabilities + Equity

= +

Page
 LIABILITIES OWNER’S
EQUITY
A/P A/P Total A. Antonelli, Total Zero

Best Offices Eastside News Bank Loan Liabilities Capital Equity Proof

175 500 675 1 850 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

675 1 850 0

175 0 500 675 1 850 1 850 0

Page
 Antonelli's Accounting Services
Balance Sheet
October 31, 20—

Assets Liabilities
Cash Accounts Payable
Accounts Receivable — Best Offices
— Jones Travel — Eastside News
— F. Leonel Bank Loan
Supplies Total Liabilities $ -
Equipment
Owner's Equity
A. AntonelCapital
Total Assets $ - Total Liabilities and E $ -