W09 ACCTG180 StatementTemplate KEVINRIGTRUP 10.31.2023

1 2 3 4 5 1 2 3 4 5 6 1 2 3 4 5 Advance to the nearest color-coded property you own. This property is to be condemned by the government. Collect $250 from the bank and turn over the deed. No player may ever repurchase this property. Advance to the nearest color-coded property you own. Your employees go on strike for the next four turns at this location. Collect no rent on this property for the next four weeks. You are considering investing in railroads. Advance to the nearest railroad. If unowned, you may purchase the railroad at a $50 discount. If owned by another player, pay double the normal rent. The manager of one of your properties absconds with the rent money. The very next player who lands on one of your properties pays the rent money to the bank (not you). After that, you may collect rent as usual. Advance to the nearest color-coded property you own. A mobile home park opens nearby and reduces the value of that property. Decrease the rental value by 50% for the rest of the game. Advance to the nearest color-coded property you own. This property has been found in violation of building codes. Pay $150. (use Misc. Expense) A local ordinance is passed mandating handicap access to all houses and hotels. Pay $30 per house and $100 per hotel to make capital improvements to your properties. You are considering investing in a utility. Advance to the nearest utility. If unowned, you may purchase it at a $30 discount. If owned by another player, pay rent of $50 (rather than the normal rent). You are declared Person- of-the-Week by the Better Business Bureau. All players (except you) must pay $25 to the bank to attend your testimonial dinner. Advance to the nearest property that you own. This location is discovered to have historical significance. The rental value for this property is increased by $200 for the remainder of the game. Bank pays you interest on your account. Collect an amount equal to 10% of your cash on hand (rounded to the nearest dollar). You decide to take your date out for dinner. Pay $40 for your night of fine dining. (use Dividends) You decide to run for election. Pay $25 for the cost of your campaign. Also, you may not collect rent during the next turn on any of your properties. One of your properties is selected as the A Best Landscaped @ in the area. Collect a prize of $50. You decide to buy a new collection of music. Pay $30 to the bank. (use Dividends) Advance to the nearest color-coded property you own. Toxic wastes have been discovered beneath the surface. Pay $250 to clean up the waste. Also pay $50 to the owner(s) of the two immediately adjacent properties to settle lawsuits. Advance to the nearest color-coded property you own. A new school is to be built nearby, which will increase your property value. Double the rental value of this property for the remainder of the game. The NCAA basketball championships are being held near your properties next week. Due to the resulting demand for your rooms, you are able to raise the rents on all your properties by $20 for the next two turns. Pay a professional licensing tax of $15. GET OUT OF JAIL FREE! (But pay your attorney $20) Business demands require that you advance to Boardwalk. You may purchase the property if unowned. If it is already owned by another player, pay the normal rent. You decide to take the next 2 weeks off. Go directly to GO and collect $400. You lose your next two turns. However, you may still collect rent on your properties. You are convicted of illegal dumping of building materials and other garbage. GO TO JAIL. DO NOT PASS GO AND DO NOT COLLECT $200. GET OUT OF JAIL FREE! (But pay your attorney $10) Tenant slips and falls down the steps at one of your properties. Pay $110 to settle out of court. Bank pays you interest on your account. Collect an amount equal to 10% of your cash on hand (rounded to the nearest dollar). You decide to take next week off. Go directly to GO and collect $200. You lose your next turn. However, you may still collect rent on your properties. A movie company wants to use one of your properties as a set. Collect $200. Receive $200 for consulting services provided to real estate developers in another state. Receive income tax refund of $40. (use misc. revenue)

6 1 2 3 4 5 6 6 Win lawsuit against the contractor who built your houses and hotels. Collect $20 per house and $70 per hotel on your properties at this time. (use Misc. Revenue) Advance to the nearest color-coded property that you own that does not have a hotel. The city would like to rent this property on a long term basis. If you wish, collect $500 plus $150 for each house on the property. If you take the money now, all players land here rent free in the future. Advance to the nearest color-coded property that you own. It has been found in violation of OSHA regulations. To remedy the problems, pay $30 plus $10 for each house on the property OR $50 for a hotel. You are assessed for street repairs. Pay $20 per house and $80 per hotel. You are convicted of trying to bribe local zoning officials in order to build houses without a monopoly. GO TO JAIL. DO NOT PASS GO AND DO NOT COLLECT $200. Pay $75 for health insurance for your employees. (use Misc. Expense)

Adjus 1* 2* 3* 4* 5* 6*

RIGTRUP INDUSTRIES Summary of Events Cash from investors $1500 No events Landed on my own property @ Pacific Ave. Paid Dividends of $75 Rent Revenue$26 Paid Rent $8 Rent Revenue $50 Consulting Revenue $200 No entry required Jail Paid Fine of $50 Consulting Revenue $200 Rent REVENUE $50 PURCHASED Marvin Gardens for $280 Nothing Happens landed on my own property @ Boardwalk Tenant slips and falls down the steps at one of your properties. Pay $110 to settle out of court. RENT REVENUE $50 RENT Revenue $10 Nothing Happens landed on my own property @ ILLINOIS AVE. Nothing Happens landed on my own property @ PACIFIC AVE. Nothing Happens landed on my own property @ PENNSYLVANIA AVE. You decide to run for election. Pay $25 for the cost of your campaign. Also, you may not collect rent during the next turn on a nothing happens this turn Purchaced St. Charles place for $140 Purchaces Kentucky Ave for $220 Purchaced Pacific Ave. $300 Purchaced BOARDWALK $400 Consulting Revenue $200 AND Purchacesd PA RAILROAD for $200 Purchased Pennsylavinia Ave for $320 Rent Revenue$18 Consulting Revenue $200 AND Dividens Paid $200 Chance Collect a prize of $50 Purchased Mediterianean Ave for $60 Collect Rent Revenue $18 - Consulting Revenue $200 Purchased Illinois Ave for $240 Chance Bank pays you interest on your account. Collect an amount equal to 10% of your cash on hand (rounded to the neares PAID RENT $14 Chance Bank pays you interest on your account. Collect an amount equal to 10% of your cash on hand (rounded to the neares Consulting Revenue $200 and Purchase Orental Ave. for $100 Paid rent $10 Paid rent $14 PURCHSED KENTUCKTY AVE. FOR$220 PAID RENT $42 Consulting Revenue $200 PAID RENT $4 PURCHSED VIRGINIA AVE. FOR$160 Consulting Revenue $200 COLLECT RENT $25 PURCHASED NEW YORK AVE. FOR $200 Advance to the nearest color-coded property you own. Your employees go on strike for the next four turns at this location. Col

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RI Balance Sheet Assets = Liabilities + # Cash Acct. Rec. Land Rail Houses Acc. Dep. = Notes Interest P Tax I Tax + 0 1,500 = + 0 = + 1 (140) 140 = + 2 (220) 220 = + 3 (300) 300 = + 4 (400) 400 = + 5 - 200 = + 6 = + 7 (302) 320 = + 8 (75) = + 9 - = + 10 26 = + 11 (8) = + 12 50 = + 13 50 = + 14 158 60 = + 15 200 = + 16 = + 17 (240) 240 = + 18 (50) = + 19 200 = + 20 45 = + 21 50 = + 22 (14) = + 23 (280) 280 = + 24 25 = + 25 = + 26 100 100 = + 27 (10) = + 28 (14) = + 29 (220) 220 = + 30 (42) = + 31 (60) = + 32 196 = + 33 10 = + 34 (160) 160 = + 35 = + 36 = + 37 = + 38 225 = +

IGTRUP INDUSTRIES Income Statement Stockholders' Equity Com Stock Dividends Ret. Earn. Acct. Title Gain/Loss Revenue Expense 1,500 - - - - - - 200 Consulting Rev. 200 - 18 RENT REV. 18 (75) - (200) 200 Consulting Rev. 200 26 RENT REV. 26 (8) RENT EXP. 8 50 RENT REV. 50 50 OTHER REV. 50 218 RENT & CON. REV. 218 200 Consulting Rev. 200 - - (50) OTHER EXP. 50 200 Consulting Rev. 200 45 INT. REV 45 50 RENT REV. 50 (14) RENT EXP. 14 - 25 INT. REV 25 - 200 Consulting Rev. 200 (10) RENT EXP. 10 (14) RENT EXP. 14 - (42) RENT EXP. 42 (60) REV. & OTHER EXP. 50 110 196 . REV. & RENT EXP. 200 4 10 RENT REV. 10 - - - - 225 RENT & CON. REV. 225

(25) OTHER EXP. 25 - - - - - 175 175 - (131) 131 (535) 535 $ 1,500 $ (275) $ 1,199 $ - $ 2,142 $ 943 $ 1,199 =

(25) (25) - (200) - - - - 175 - (131) $ 1,734 $ 1,690 $ 1,225 $ (2,840) $ 1,734 $ 75

RIGTRUP INDUSTRIES Income Statement (Single-Step) For the Period Ended Week 42 Operating items Revenues 2,142 Expenses (408) Operating income 1,734 Nonoperating items Loss on exchange of property - Interest expense - Income before taxes 1,734 Income taxes (535) Net income $ 1,199 RIGTRUP INDUSTRIES Statement of Changes in Stockholders' Equity For the Period Ended Week 42 Beginning common stock - Plus: Common stock issued $ 1,500 Ending common stock 1,500 Beginning retained earnings - Plus: Net income 1,199 Less: Dividends (275) Ending retained earnings 924 Total stockholders' equity $ 2,424

RIGTRUP INDUSTRIES Statement of Cash Flows For the Period Ended Week 42 Cash flows from operating activities Inflow from revenues $ 1,967 Inflow from investment income Outflow for expenses (277) Outflow for loss from exchange of land Outflow for income tax Net cash flow from operating activities 1,690 Cash flows from investing activities Inflow from sale of houses Inflow from sale of land Outflow for puchase of houses Outflow for purchase of railroad (200) Outflow for purchase of land (2,640) Net cash flow from investing activities (2,840) Cash flows from financing activities Inflow from issue of common stock 1,500 Inflow from notes payable Outflow for notes payable Outflow for dividends paid (275) Net cash flow from financing activities 1,225 Net change in cash 75 Plus: Beginning cash balance - Ending cash balance $ 75