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  3. help please! \begin{tabular}{|l|} \hline 1-1

Help please! \begin{tabular}{|l|} \hline 1-1 Start Up Funding \\ \hline...

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Accounting

Help please!
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\begin{tabular}{|l|} \hline 1-1 Start Up Funding \\ \hline Sign Note for $12,000@8% \\ \hline Issue Stock for $49,000 \\ \hline 1-2 Purchase Equipment @1/1 \\ \hline Purchase showroom displays \\ \hline for $9,000 cash; SL Depreciation \\ \hline 5 yr. useful life, \$0 salvage value \\ \hline \end{tabular} 1-3 Purchase Inventory for $28,000 cash 1-4 Service \& Sales Revenue Service Revenue $7,000 Sales Rev $46,000; COGS $23,000 1-5 Expenses Operating Exp. $22,700 Depreciation Exp. = equip. cost/5 Interest Expense = Note Pay. yr. end balance x 8%

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