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assignment - 18. quiz 4: balance sheet
attemp 1 of 1
section 1 of 1
question 5 of 15
fill in the missing amounts in the balance sheet after the following transactions. some of the following numbers might
be used more than once ans some may not be used. you start with $3,500 in cash and in owner's equity.
a. you sell product purchased for $750 for $1,525.00
b. you purchase equipment for $500.
c. you pay the rent by check for $450
d. you recelve next month's power bill for $155.00
assets
liabilities and owner's equity
cash
accounts payable
equipment $ 500.00
owner's equity: investment $
total
total
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