balance sheet for accounting
On August 31, the balance sheet of Whispering Winds Veterinary Clinic showed Cash $10,000, Accounts Receivable $2,700, Supplies $600, Equipment $6,000, Accounts Payable $4,600, Common Stock $13,950, and Retained Earnings $750. During September, the following transactions occurred.
Prepare a tabular analysis of the September transactions beginning with August 31 balances. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
WHISPERING WINDS VETERINARY CLINIC | |||||||||||||||||||||||
| Assets | Liabilities | Stockholders' Equity | |||||||||||||||||||||
| + | Accounts | + |
| + | Equipment | = | Notes | + | Accounts | + | Common | + | Retained | + |
| – |
| – |
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| Bal. | |||||||||||||||||||||||
| 1. | |||||||||||||||||||||||
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