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ASSETS = LIABILITIES +

Equity

Dr. Dr.
Acc payable Dr.
Capital
16 2.4 0.5 5
10 0.3
10
0.425
0.5 4.5
0.42
0.12 Dr.
Bank loan Cr. Dr.

10

11.835 10

Dr.
Prepaid rent Dr. Cr. Dr.

2.4

2.4 0

Dr.
Office supplies Dr. Cr. Dr.
0.3

0.3 0

Dr.
Merchandise Cr. Dr. Cr. Dr.

5 5 1

4 0

Computer
2.5

2.5

Furniture Cr.

7.5

7.5
Receivables
0.675 0.05

0.625
OWNER'S EQUITY
Equity Expenses Income

Capital Dr.
Publicity exp Cr. Dr.
Revenue sales
16 0.425 1.8

16 0.425 1.8

Cr. Dr.
Cost of goods sold Cr. Dr. Cr.

0 1 0

Cr. Dr.
Salary exp. Cr. Dr. Cr.

0.42

0 0.42 0

Cr. Dr.
Maintenance exp Cr. Dr. Cr.
0.12

0 0.12 0

Cr. Dr. Cr. Dr. Cr.

0 0 0

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