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  1. business
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  3. assets = liabilities + shareholders' equity prepd

Assets = Liabilities + Shareholders' Equity Prepd Office Uneamed Common Retained Earnings Cash + Supp....

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Accounting

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Assets = Liabilities + Shareholders' Equity Prepd Office Uneamed Common Retained Earnings Cash + Supp. + Insur + Equip = NP + A/P + Rev. + Shares + Rev.- Exp. - Div. (1) +$10,000 $10,000 Issued shares (2) +5,000 +$5,000 (3) -5,000 +$5,000 (4) +1,200 +$1,200 (5) +10,000 $10,000 Service Revenue (6) -900 -5900 Rent Expense (7) -600 +5600 (8) +$2,500 *$2,500 (10) -500 -$5000 Dividends (11) 4,000 4,000 Salaries Expense 15,200+ $2,500+ 5600+ 55,000 - $5,000 - $2,500 $1,200 + 510,000 510,000 $4,900 $ 500 $ $

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