Understanding Assets, Liabilities, and Equity: A Comprehensive

School: Keiser University - Course: ACCOUNTING 2 - Subject: Accounting

AssetsLiabilities + equity Cash8+Preparedinsur7ance equipmentAccountreceivable=KacySpadecapitalKacyspadewithdrawal 48Revenue forprovide a costumer expenses 8186292959598989592920 92929208151789470107140171401041001435156Q10 6510Q561Q89 10891915212616212630201 1901321563151089698119868918918 19818981188918952015615165156 1051665181189189156619616516 5156165156161651651651561651651561 65156$1575 $94850$10,000 $2541107725$107725 i
DateAccount titles andExplanation PRDebitCredit 1CashKacy Spade Capital100,750 100,750 2CashOffice Supplies$1250 $1250 3EquipmentAccount payable$10050 $10050 4CashRevenue$15500 $15500 5CashAccount Payable$10050 $10050 6Account receivableRevenue$2700 $2700 7CashExpenses$1225 $1225 8CashAccount receivable$1125 $1125 9Kacy Spade withdrawalCash$10000 $10000 Total152650152650
T account CashKacy Spade C.Office Supplies Account receivableKacy Spade withdrawalExpensesdebitcredit $100750(1)$1250(2) $15500(4)$10050( 5) $1125(8)$1225(7) $10000( 9) debitCredit $100750(1) debitcredit $1250(2) Debitcredit $2700(6)$1125(8)
EquipmentAccount PayableRevenue Debitcredit $10000(9) Debitcredit $1225

Expert's Answer

Your future, our responsibilty submit your task on time.

Order Now

Need Urgent Academic Assistance?

Price Starts from $10 Per Page

*
*
*
*

TOP
Order Notification

[variable_1] from [variable_2] has just ordered [variable_3] Assignment [amount] minutes ago.