Bal. 86,800 75,000 11,800 48,950 (l) 5,000 5,000 – – Bal. 81,800 75,000 11,800 48,950 5,000 – Prob.1-5B(Continued) Owner’s Equity (Continued) Dry Dry Cleaning Cleaning Wages Rent Truck Utilities Misc. + Revenue Exp. Exp. Exp. Exp. Exp. Exp. Exp. – – – – – – – Bal. (a) Bal. (b) Bal. (c) 4,000 – Bal. 4,000 – (d) + 72,000 Bal. 72,000 4,000 – (e) Bal. 72,000 4,000 – (f) Bal. 72,000 4,000 – (g) + 38,000 Bal. 110,000 4,000 – (h) Bal. 110,000 4,000 – (i) 29,450 – Bal. 110,000 29,450 4,000 – – (j) 24,000 2,100 1,800 1,300 – – – – Bal. 110,000 29,450 24,000 4,000 2,100 1,800 1,300 – – – – – – (k) 7,200 – Bal. 110,000 29,450 24,000 7,200 4,000 2,100 1,800 1,300 – – – – – – – (l) Bal. 110,000 29,450 24,000 7,200 4,000 2,100 1,800 1,300 – – – – – – –
Bal. 86,800 75,000 11,800 48,950 (l) – 5,000 – 5,000 Bal. 81,800 75,000 11,800 48,950 – 5,000 Prob.1-5B(Continued) Owner’s Equity (Continued) + Dry Cleaning Revenue – Dry Cleaning Exp. – Wages Exp. – Exp. – Rent Exp. – Truck Exp. – Utilities Exp. – Misc. Exp. Bal. (a) Bal. (b) Bal. (c) – 4,000 Bal. – 4,000 (d) + 72,000 Bal. 72,000 – 4,000 (e) Bal. 72,000 – 4,000 (f) Bal. 72,000 – 4,000 (g) + 38,000 Bal. 110,000 – 4,000 (h) Bal. 110,000 – 4,000 (i) – 29,450 Bal. 110,000 – 29,450 – 4,000 (j) – 24,000 – 2,100 – 1,800 – 1,300 Bal. 110,000 – 29,450 – 24,000 – 4,000 – 2,100 – 1,800 – 1,300 (k) – 7,200 Bal. 110,000 – 29,450 – 24,000 – 7,200 – 4,000 – 2,100 – 1,800 – 1,300 (l) Bal. 110,000 – 29,450 – 24,000 – 7,200 – 4,000 – 2,100 – 1,800 – 1,300
Solution-Manual-for-Financial-Accounting-15th-Edition-by-Warren.docx