Balance Sheet
Assignment
Due: 10:31 a.m., Thursday, April 21, 2016
Using the following information, prepare a) a Balance Sheet
for October 1, and b) a Balance Sheet for October 15.
|
Date |
Item |
Amount ($) |
|
Sep 27 |
Invoice sent to |
5,000 |
|
Sep 28 |
Received bill from |
1,000 |
|
Sep 28 |
Approved October 15 |
7,000 |
|
Sep 30 |
Invoice sent to |
10,000 |
|
Sep 30 |
Received utility |
900 |
|
Oct 1 |
Mortgage balance |
85,000 |
|
Oct 1 |
Bank balance |
22,500 |
|
Oct 1 |
Cash in register |
400 |
|
Oct 1 |
Value of building |
300,000 |
|
Oct 1 |
Value of major |
21,000 |
|
Oct 2 |
Paid Jay’s Supplies |
1,000 |
|
Oct 5 |
Received partial |
2,500 |
|
Oct 6 |
Received bill from |
1,900 |
|
Oct 6 |
Paid utility bill |
900 |
|
Oct 10 |
Received from |
10,000 |
|
Oct 10 |
Sent invoice to |
2,000 |
|
Oct 12 |
Mortgage payment ($1,600 principal) |
2,800 |
