Assets Liabilities

Office Notes Accounts

Cash Equipment Building Land = Payable Payable
Balance 37,000 51,250 125,000 95,000 80,000 28,250
1 35,000
72,000 51,250 125,000 95,000 80,000 28,250
2 (22,500) 55,000 35,000 67,500
49,500 51,250 180,000 130,000 - 147,500 28,250
3 9,500 9,500
49,500 60,750 180,000 130,000 - 147,500 37,750
4 20,000 20,000
69,500 60,750 180,000 130,000 - 167,500 37,750
5 -22500 -22500
47,000 60,750 180,000 130,000 - 167,500 15,250
Owners Equity

Capital Stock

200,000
35,000
235,000

235,000

235,000

235,000

235,000