ACC10007 Lecture Notes - Lecture 3: None Of The Above, Ston, Retained Earnings
Document Summary
Week 2 lecture activity 2. 2 spark"s electrics worksheet part 2 february balance @ beginning transactions / adjustments cash services. Credit services credit purchases of supplies paid phone expenses paid van running expenses wages paid drawings advertising paid paid supplier balance @ end total assets current assets non current assets liabilities current non current liabilities liabilities accounts bank. Receivable owners" equity owners" equity profit / capital drawings loss work van 15000 15000 tools & equipment 10000 10000 47000. Accounts payable 1500 1000 loan 12500 3000 100 2000 2500 1000 9500 7500 12500 notes cash services credit services supplies phone van expenses wages advertising 25000 3000 7500 1500 100 150 2000 2500 250 2500 47000. Spark"s electrics balance sheet as at 28 february 2018 current assets bank accounts receivable total current. Assets non current assets van tools & equipments total non current assets total assets 9500 12500 15000 10000.
