The Figure Below Shows the Transactions for Sawyer Architecture Services
Question 87
Question 87
Essay
The figure below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $72,000 (Transaction 1). Trans 12345678 Bal Cash +72,000−8,200−3,500+670−2,400−45058,120+ Assets Accts Rec 5,200−6704,530+ Supp +450450+= Equip +8,200+3,68011,880= Liab. Accts Pay +3,6803,680+ G. Sawyer, Capital +72,000−,40069,600+ Owner’s Equity Rev. +5,2005,200+ Expense −3,500−3,500 -Prepare the balance sheet for Sawyer Architecture Services as of June 30, 2013.
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