ASSET

DATE Accounts
Cash Equipment Supplies
Receivable
=
May 01 $15,000.00
May 02 -$600.00
$14,400.00 =
May 03 $500.00
$14,400.00 $500.00 =
May 05 -$150.00
$14,250.00 $500.00 =
May 09 $1,400.00
$15,650.00 $500.00 =
May 12 -$200.00
$15,450.00 $500.00 =
May 15 $4,200.00
$15,450.00 $4,200.00 $500.00 =
May 17 -$2,500.00 =
$12,950.00 $4,200.00 $500.00 =
May 20 -$500.00
$12,450.00 $4,200.00 $500.00 =
May 23 $1,200.00 -$1,200.00
$13,650.00 $3,000.00 $500.00 =
May 26 $5,000.00
$18,650.00 $3,000.00 $500.00 =
May 29 -$200.00 $2,000.00
$18,450.00 $3,000.00 $2,000.00 $500.00 =
May 30 -$180.00
$18,270.00 $3,000.00 $2,000.00 $500.00 =

TOTAL ASSET $23,770.00 =

 LIABILITIES

Unearned Service Common

Accounts Payable Notes Payable Loans Payable +
Revenue
+ Stock

$15,000.00

+ $15,000.00 +
$500.00
$500.00 + $15,000.00 +

$500.00 + $15,000.00 +

$500.00 + $15,000.00 +

$500.00 + $15,000.00 +

$500.00 + $15,000.00 +

$500.00 + $15,000.00 +
-$500.00
$0.00 + $15,000.00 +

+ $15,000.00 +
$5,000.00
$5,000.00 + $15,000.00 +
$1,800.00
$1,800.00 $5,000.00 + $15,000.00 +

$1,800.00 $5,000.00 + $15,000.00 +

TOTAL LIABILITIES $6,800.00 +

 STOCKHOLDER'S / SHARESHOLDER'S EQUITY
Retained Earnings
Revenue - Dividends - Advertising Expenses
Service Revenue Expense Utilities Expense Salaries Expense

$150.00
$150.00
$1,400.00
$1,400.00 - $150.00
$200.00
$1,400.00 - $200.00 - $150.00
$4,200.00
$5,600.00 - $200.00 - $150.00
$2,500.00
$5,600.00 - $200.00 - $150.00 $2,500.00

$5,600.00 - $200.00 - $150.00 $2,500.00

$5,600.00 - $200.00 - $150.00 $2,500.00

$5,600.00 - $200.00 - $150.00 $2,500.00

$5,600.00 - $200.00 - $150.00 $2,500.00

$180.00
$5,600.00 - $200.00 - $150.00 $180.00 $2,500.00

TOTAL SHAREHOLDER'S / STOCKHOLDER'S EQUITY

 DESCRIPTION
Rent Expense

$600.00 Office Rental Payment

$600.00

$600.00
County News Advertising
$600.00

$600.00

$600.00

$600.00
Paid Employee Salary
$600.00

$600.00

$600.00

$600.00

$600.00
Paid Utilities
$600.00

$16,970.00