accounting
EXERCISE IV
| Balance Sheet on Nov. 30, 2018 | ||||
| Assets | Equities | |||
| Equipment | 2,500 | Paid-in Capital | 3,000 | |
| Land | 1,000 | Retained Earnings | 2,400 | |
| Office Supplies Inventory | 1,200 | Loan Payable | 1,000 | |
| Accounts Receivable | 1,400 | Tax payable | 800 | |
| Cash, Bank | 3,500 | Accounts payable | 2,400 | |
| Total assets | 9,600 | Total equities | 9,600 | |
| ASSETS ACCOUNTS | ||||
| EQUITY AND LIABILITIES ACCOUNTS | ||||
| TEMPORARY ACCOUNTS | ||||
| transactions | ||||
| EXPENSES | REVENUES | |||
| TOTAL | ||||
| Balance Sheet on Nov. 30, 2018 | ||||