I having trouble with this problem Can someone out there hel

I having trouble with this problem. Can someone out there help me?

John Thildore, a retired army officer, opened Thildore\'s Catering Service. As his accountant, analyze the transactions listed and present them in proper form. a. The analysis of the transactions by using the expanded accounting equation. b. A balance sheet showing the financial position of the firm before opening on October 31, 201X. C. An income statement for the month of November. d. A statement of owner\'s equity for November. e. A balance sheet as of November 30, 201X. 201X John Thildore invested $25,000 in the catering business from his personal savings account. Oct. 25 27 Bought equipment for cash from Small Co., $1,200. 28 Bought additional equipment on account from Ryan Co., $800. 29 Paid $400 to Ryan Co. as partial payment of the Oct. 28 transaction (You should now prepare your balance sheet as of October 31, 201X.) Nov. 1 Catered a graduation and collected cash, $2,200. 5 Paid salaries of employees, $550. 8 Prepared desserts for customers on account, $250. 10 Received $80 cash as partial payment of Nov. 8 transaction. 15 Paid telephone bill, $50 17 Paid his home electric bill from the company\'s checkbook, $120. 20 Catered a wedding and received cash, $2,500 25 Bought additional equipment on account, $1,300 28 Rent expense due but unpaid, $650. 30 Paid supplies expense, $550.

Solution

a.

b.

c.

d.

Event	Assets		Liabilities		Owners equity
	Cash	+	Accounts receivable	+	Equipment	=	Accounts payable	+	John capital	-	John withdrawl	+	Revenue	-	Salaries expense	-	Telephone bill	-	Rent expense	-	Supplies expense
Oct 25	25,000								25,000
Oct 27	-1,200				1,200
Oct 28					800		800
Oct 29	-400						-400
Total	23,400		-		2,000		400		25,000
Nov 1	2,200												2,200
Nov 5	-550														550
Nov 8			250										250
Nov 10	80		-80
Nov 15	-50																50
Nov 17	-120										120
Nov 20	2,500												2,500
Nov 25					1,300		1,300
Nov 28							650												650
Nov 30	-550																				550
Total	26,910		170		3,300		2,350		25,000		120		4,950		550		50		650		550