CIS Financial Accounting Demo Problem P19

Sheet3 Sheet2 Sheet1 FAP P31 Demonstartion Problem Assets Liabilities Equity Capital Withdrawals Revenue Expenses Cash +3000 Equipment +15000 +18000 -600 +600 -500 rent +1200 Notes Payable +825 Acc Rec +100 -100 -125 salaries +930 -400 -900 Total Assets Total L + E Expressions Income Statement August Revenues Rent Salaries Total expenses Net Income Expressions Statement Owners Equity August Opening Balance Investments by Owner Closing Balance Balance Sheet Total Liabilities Capital And Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 00.00 00.00 0000.00 0000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 000.00 00000.00 00000.00 000.00 0000.00 000.00 0000.00 000.00 00000.00 -000.00 0000.00 000.00 000.00 000.00 -000.00 -000.00 000.00 00000.00 00000.00 8/31/2009 0000.00 0.00 0000.00 000.00 00000.00 00000.00 000.00 000.00 0000.00 000.00 00000.00 000.00 00000.00 000.00 00000.00 0000.00 00000.00 00000.00