Apple Travel

Balance Sheet
February 28, 2022

ASSETS LIABILITIES
Cash $ 4,110.00 A/P - ABC Printing $ 1,400.00
A/R - Greyhound Inc. 856.00 A/P - Future Buy 1,750.00
A/R - Leo & Lowry Inc. 250.00 Bank Loan 7,500.00
Supplies 2,000.00 Total Liabilities $ 10,650.00
Equipment 6,700.00
Furniture 3,310.00
Automobile 21,000.00 OWNER'S EQUITY
A. Conda, Capital 27,576.00
Total Assets $ 38,226.00 Total Liabilities & Owner's Equity $ 38,226.00

Transactions
1. Sold $1500 worth of services to Greyhound Inc. Greyhound will pay at the end of the month
2. Purchased $250 worth of supplies from Staples. Paid cash.
3. Invested $5,000 into the business.
4. Sold $1600 worth of services to Leo & Lowry Inc. Customer will pay cash.
On the cheque, Leo & Lowry also included the remainder of the balance they previously owed.
5. Received an invoice for $700 worth of flyers, brochures and posters from ABC Printing.
6. Paid $50 cash to get an oil change for the company automobile.
7. Paid $1,500 toward the bank loan.
8. Purchased a new sign for the store. Paid $2,500 cash.
9. A. Conda withdrew $550 for her own personal use.
10. Received an invoice in the mail from Bell Mobility. The amount was $175
 Cash A/R - Greyhound Inc. A/R - Leo & Lowry Inc.

Supplies Furniture Equipment

Automobile A/P - ABC Printing A/P - Future Buy

A/P - Bell Mobility Bank Loan A. Conda, Capital