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  • Madison Williams - Pamelas Pies Part 1 - 21-22

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    The document appears to be an accounting ledger containing various accounts including assets, liabilities, equity, income and expenses. It shows transactions between November 1st and 13th including opening capital, rent, supplies and advertising expenses, sales revenue, and accounts payable. The principle of continuity seems to be referenced.

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    madison williams -- pamelas pies part 1- 21-22

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    The document appears to be an accounting ledger containing various accounts including assets, liabilities, equity, income and expenses. It shows transactions between November 1st and 13th including opening capital, rent, supplies and advertising expenses, sales revenue, and accounts payable. The principle of continuity seems to be referenced.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    521 views10 pages

    Madison Williams - Pamelas Pies Part 1 - 21-22

    Uploaded by

    api-634527561
    The document appears to be an accounting ledger containing various accounts including assets, liabilities, equity, income and expenses. It shows transactions between November 1st and 13th including opening capital, rent, supplies and advertising expenses, sales revenue, and accounts payable. The principle of continuity seems to be referenced.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 10

    Determined Creative Resourceful

    Initiative Risk-Taker Innovative


    (110) Cash (410) Pie Sales

    (120) Petty Cash

    (130) Supplies (510) Rent Expense

    (150) Equipment (520) Supplies Expense

    (150) Accts. Rec. - Creeks Cafe (530) Utilities Expense

    (160) Prepaid Insurance (540) Wages

    (550) Advertising Expense


    (210) Accts. Pay.- Syscon Food (560) Miscellaneous Expense

    (220) Accts. Pay.- Mulberry Food (560) Phone Expense

    (310) Pamela Smith, Capital

    (320) Pamela Smith, Drawing


    Nov 1 Pamela Smith, Capital R1 600.00
    1 Rent Expense C1 1,000.00
    4 Supplies C2 280.00
    5 Prepaid Insurance C3 800.00
    6 Phone Expense C4 110.00
    6 Supplies C5 250.00
    Principle of Continuity

    Property and Equipment – Fixed


    Asset.
    10 Sales R2 828.00
    10 Advertising Expense C6 62.00
    11 Accounts Receivable – Creek’s Cafe R3 250.00
    Sales 250.00
    11 Sales R3 720.00
    13 Accounts Payable – Syscon Food Supply C7 280.00

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