Quiz

Teresa ENT Clinic

Transaction Analysis Worksheet
For the month ended of May

ASSETS =
Date Leasehold
Cash Supplies Equipment Furniture
Improvement
1.. 100,000 500,000
5 (10,000) 20,000
7 (1,500)
8 (5,000) 5,000
17 100,000
19 (50,000) 50,000
24 (75,000) 75,000
Balances ₱ 60,000.00 ₱ 5,000.00 ₱ 575,000.00 ₱ 18,500.00 ₱ 50,000.00
A=L + C ₱ 708,500.00
 heet
May

LIABILITIES + Equity
Accounts
Notes Payable Sison, Capital
Payable
600,000
10,000
(1,500)

100,000

₱ 8,500.00 ₱ 100,000.00 ₱ 600,000.00

₱ 708,500.00
 Super Sports Club
Statement of Financial Position
As of December 31

ASSETS
Cash 100,000.00
Office Supplies 10,000.00
Office Furniture and Fixture 35,000.00
Sports Equipment 1,250,000.00
TOTALS ₱ 1,395,000.00

LIABILITIES AND OWNERS' EQUITY

Accounts Payable 12,000.00
Salaries Payable 18,000.00
Basa, Capital 1,365,000.00
TOTALS ₱ 1,395,000.00