Liabilities

+
Assets Owner’s
Equity
Assets = Liabilities + O. Equity
Owner put P10,000
into the business.
ASSETS = LIABILITIES + O. EQUITY

+ +
Purchase of supplies
from Beper Store
on credit.
Assets = Liabilities + O. Equity

+ +
Payment to
Beper Store
in cash.
Assets = Liabilities + O. Equity

 
Owner took cash
from the business
for his own use.
Assets = Liabilities + O. Equity

 
Sale of merchandise to
Customer
on credit.
Assets = Liabilities + O. Equity

+ +
Paid the salary of
Employees for the
month.
Assets = Liabilities + O. Equity

 
Assets = Liabilities + O. Equity
+ +
+ +
 
 
+ +
 