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RON’S RENTALS

Financial Transaction
Worksheet
Month of July, 2003
Transaction Number ASSETS
CASH ACCOUNT TRRUCK AND CARS SUPPLIES
1 5000
2 -3000 3000
3 750
4 650
5 1600
6 -700

7 1000
8 -650
9 400 -400
10 -900
LIABILITIES OWNER'S EQUITY
ACCOUNT PAYABLE SANCHES CAPITAL OWNER'S EQUITY EXPLANATION
5000 INITIAL INVESTMENT

750
650
1600 CAR RENTAL
-450 RENT
-250 WAGES
1000
-650

-900
John Carleo
ASSETS LIABILITIES
TRANSACTION
Cash Account Receivable Answering Service Equipment Typing Supply On Hand Account Payable Notes Payable
1 6500
2 -1000 4000 3000
3 925 925
4 2750
5 1250
6 1350
7 -70
8 -290
9 170
10 -250
11 -500 -500
5810 4100 4000 925 425 3000
14835
OWNER'S EQUITY Income Statement
Sanches Capital OWNER'S EQUITY EXPLANATION Month Ended August 31, 2014
6500 INITIAL INVESTMENT Revenue
Service Rendered 4270
TYPING SUPPLY Total Revenue 4270
2750 SERVICE RENDERED
1250 ADDITIONAL INVESTMENT Expenses
1350 SERVICE RENDERED Rent Expenses 250
-70 Telephone Bill Wages Expenses 290
-290 SALARY Telephone Expenses 70
170 SERVICE RENDERED Total Expenses 610
-250 RENT
SUPPLY USED Net Income 3660
11410
14835
Statement Owner Equity Balanced Sheet
Month Ended August 31, 2014 Asset Liabilities & Owner's Equity
John Carleo, Capital, August 1, 2014 0 Asset Liabilities
Investment 6500 Cash 5810 Account Payable 425
Additional Investment 1250 Account Receivable 4100 Notes Payable 3000
Total 7750 Answering Service Equi 4000
Typing Supply On Hand 925 Owners Equity
John Carleo, Capital, August 31, 2014 7750 Sanches Capital 11410
Total Asset 14835 Total Liabilities & Owner's Equity 14835
$1,750 $600 $150 $3,750 $750 $5,500
$6,250 $6,250