Assets = Liabilities + Owner's Equity

Accounts Accounts Unearned wages

Cash + Receivable + Supplies = Payable + Revenue + Capital + Revenue + Expense +
a. 200,000 + 0 + 0 = 0 + 0 + 200,000 + 0 + 0 +
Bala 200,000 + 0 + 0 = 0 + 0 + 200,000 + 0 + 0 +
b. 20,000 + 0 + 0 = 0 + 0 + 0 + 20,000 + 0 +
Bala 220,000 + 0 + 0 = 0 + 0 + 200,000 + 20,000 + 0 +
c. (1,200) + 0 + 0 = 0 + 0 + 0 + 0 + (1,200) +
Bala 218,800 + 0 + 0 = 0 + 0 + 200,000 + 20,000 + (1,200) +
d. 30,000 + 0 + 0 = 0 + 30,000 + 0 + 0 + 0 +
Bala 248,800 + 0 + 0 = 0 + 30,000 + 200,000 + 20,000 + (1,200) +
e. (1,500) + 0 + 0 = 0 + 0 + 0 + 0 + 0 +
Bala 247,300 + 0 + 0 = 0 + 30,000 + 200,000 + 20,000 + (1,200) +
f. (700) + 0 + 700 = 0 + 0 + 0 + 0 + 0 +
Bala 246,600 + 0 + 700 = 0 + 30,000 + 200,000 + 20,000 + (1,200) +
Record each transactions to the
accounting equation
a. Owner A deposits cash
into the business checking 200,000
account
b. Receive cash from client
20,000
for work done
c. Paid cash to employees 1,200
d. Received cash for work
30,000
that will be done in the
e. Paid cash for utilities 1,500
f. Paid cash for supplies 700
quity Total
Utilities Liabilities
Expense Total Assets = and Equity Net Income
0 200,000 = 200,000 0
0 200,000 = 200,000 0
0 20,000 = 20,000 20,000
0 220,000 = 220,000 20,000
0 (1,200) = (1,200) (1,200)
0 218,800 = 218,800 18,800
0 30,000 = 30,000 0
0 248,800 = 248,800 18,800
(1,500) (1,500) = (1,500) (1,500)
(1,500) 247,300 = 247,300 17,300
0 0 = 0 0
(1,500) 247,300 = 247,300 17,300
 Assets = Liabilities + Owner's Equity
Accounts Accounts Unearned wages
Cash + Receivable + Supplies = Payable + Revenue + Capital + Revenue + Expense +
a. + + = + + + + +
Balance + + = + + + + +
b. + + = + + + + +
Balance + + = + + + + +
c. + + = + + + + +
Balance + + = + + + + +
d. + + = + + + + +
Balance + + = + + + + +
e. + + = + + + + +
Balance + + = + + + + +
f. + + = + + + + +
Balance + + = + + + + +
Record each transactions to the
accounting equation
a. Owner A deposits cash
into the business checking 200,000
account
b. Receive cash from client
20,000
for work done
c. Paid cash to employees 1,200
d. Received cash for work
30,000
that will be done in the
e. Paid cash for utilities 1,500
f. Paid cash for supplies 700
quity Total
Utilities Liabilities Net
Expense Total Assets = and Equity Income
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
 Assets = Liabilities + Owner's Equity
Accounts Accounts Unearned wages
Cash + Receivable + Supplies = Payable + Revenue + Capital + Revenue + Expense +
a. + + = + + + + +
Balance + + = + + + + +
b. + + = + + + + +
Balance + + = + + + + +
c. + + = + + + + +
Balance + + = + + + + +
d. + + = + + + + +
Balance + + = + + + + +
e. + + = + + + + +
Balance + + = + + + + +
f. + + = + + + + +
Balance + + = + + + + +

Record each transactions to the

accounting equation
a. Owner A deposits cash
into the business checking 170,000
account
b. Receive cash from client
17,000
for work done
c. Paid cash to employees 1,020
d. Received cash for work
that will be done in the 25,500
future
e. Paid cash for utilities 1,275
f. Paid cash for supplies 595
quity Total
Utilities Liabilities Net
Expense Total Assets = and Equity Income
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0
0 = 0 0