Record the below transactions including adjustments as + and -
entries under the below accounting equation sheet.
Cash
Accounts
Inventory
Equipment
Accum
Prepaid
=
Accounts
Notes
Interest
Wages
Income
Bonds
Common
Retained
Receivable
Deprec.
Insurance
Payable
Payable
Payable
Payable
Taxes
Payable
Stock
Earnings
Prepaid
insurance-This year and Next Year 6,300
Sales Revenue for
year of 88,000, (12,600 in cash) (15,300 Inventory Sold)
Paid wages during
the current period 6,400
AP Bills to supplies of 11,000
Declared and paid
1,000 dividends...