a Opened a business bank account with a deposit of 29000 fro

a. Opened a business bank account with a deposit of $29,000 from personal funds g. Paid Required: ofleenASopplos esi Accounts Pat Glenn, Pat Glenn, Expense Expense Expense

Solution

Assets

Please post independent questions separately. Thank you.

	Assets	=	Liabilities	+	Owner\'s Equity
Cash	+	Supplies	=	Accounts Payable	+	Pat Glenn, Capital	-	Pat Glenn, Drawing	+	Sales Commission	-	Rent expense	-	Office Salaries expense	-	Auto expense	-	Supplies expense	-	Miscellaneous expense
a.	29000	+		=		+	29000	-		+		-		-		-		-		-
b.		+	2940	=	2940	+		-		+		-		-		-		-		-
Bal.	29000	+	2940	=	2940	+	29000	-		+		-		-		-		-		-
c.	-1860	+		=	-1860	+		-		+		-		-		-		-		-
Bal.	27140	+	2940	=	1080	+	29000	-		+		-		-		-		-		-
d.	29990	+		=		+		-		+	29990	-		-		-		-		-
Bal.	57130	+	2940	=	1080	+	29000	-		+	29990	-		-		-		-		-
e.	-5880	+		=		+		-		+		-	5880	-		-		-		-
Bal.	51250	+	2940	=	1080	+	29000	-		+	29990	-	5880	-		-		-		-
f.	-9000	+		=		+		-	9000	+		-		-		-		-		-
Bal.	42250	+	2940	=	1080	+	29000	-	9000	+	29990	-	5880	-		-		-		-
g.	-4170	+		=		+		-		+		-		-		-	2820	-		-	1350
Bal.	38080	+	2940	=	1080	+	29000	-	9000	+	29990	-	5880	-		-	2820	-		-	1350
h.	-3540	+		=		+		-		+		-		-	3540	-		-		-
Bal.	34540	+	2940	=	1080	+	29000	-	9000	+	29990	-	5880	-	3540	-	2820	-		-	1350
i.		+	-1950	=		+		-		+		-		-		-		-	1950	-
Bal.	34540	+	990	=	1080	+	29000	-	9000	+	29990	-	5880	-	3540	-	2820	-	1950	-	1350