A01 Intro to Accounting
Assignment 04
July 21, 2017
PART A
Brian’s Accounting Service
ASSETS
=
LIABILITES
OWNER’S
EQUITY
Cash +
Office Furniture
=
Accounts
Payable
Brian’s Capital
a.
+$10,000
=
+$10,000
b.
($600)
+$600
=
c.
+$300
=
+$300
d.
($200)
=
($200)
Total
+$9,200
+$900
=
+$100
+$10,000
Particulars
Debit
Credit
Cash
$1,370
Accounts Payable
$770
Office Equipment
$900
Benson, Capital
$1,500
Benson, Withdrawals
$500
Accounts Receivable
$1,600
Service Fees
$2,730
Salaries Expense
$630
