1 2 3 4 5 6 7 8 00 9 10 22336 11 12 13 14 A B FINANCIAL TRANSACTION WORKSHEET ASSETS = 100 000 TRANSACTION A. Jasmin invested 100 000 cash to start a Travel and Tour Agency. B. Jasmin bought repair equipment from X Co. on credit, 150 000 C. She bought shop supplies for cash 30 000 D. Paid X Co. partially 30 500 E. Customers paid cash for services rendered to them, 50 000. F. Paid utilies expense, 8 000, G. Cruz paid salaries and wages, 32 000 H. Shop supplies purchased, 15 000 and made a down payment of 5 000 1. Cruz, withdrew 8 000 for his personal use. J. Paid rent expense for the month, 7 000 K. Miscellaneous espense, 2000 C LIABILITIES + D OWNER'S EQUITY 100 000
1 2 3 4 5 6 7 8 00 9 10 22336 11 12 13 14 A B FINANCIAL TRANSACTION WORKSHEET ASSETS = 100 000 TRANSACTION A. Jasmin invested 100 000 cash to start a Travel and Tour Agency. B. Jasmin bought repair equipment from X Co. on credit, 150 000 C. She bought shop supplies for cash 30 000 D. Paid X Co. partially 30 500 E. Customers paid cash for services rendered to them, 50 000. F. Paid utilies expense, 8 000, G. Cruz paid salaries and wages, 32 000 H. Shop supplies purchased, 15 000 and made a down payment of 5 000 1. Cruz, withdrew 8 000 for his personal use. J. Paid rent expense for the month, 7 000 K. Miscellaneous espense, 2000 C LIABILITIES + D OWNER'S EQUITY 100 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![1
2
3
4
5
6
7
8
9
10
보교
11
12
13
14
15
A
B
FINANCIAL TRANSACTION WORKSHEET
TRANSACTION
A. Jasmin invested 100 000 cash to start a Travel and Tour Agency.
B. Jasmin bought repair equipment from X Co. on credit, 150 000
C. She bought shop supplies for cash 30 000
D. Paid X Co. partially 30 500
E. Customers paid cash for services rendered to them, 50 000.
F. Paid utilies expense, 8 000,
G. Cruz paid salaries and wages, 32 000
H. Shop supplies purchased, 15 000 and made a down payment of 5 000
1. Cruz, withdrew 8 000 for his personal use.
J. Paid rent expense for the month, 7 000
K. Miscellaneous espense, 2000
ASSETS =
100 000
C
LIABILITIES +
D
OWNER'S EQUITY
100 000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F345814fa-de43-4c36-b40c-28f9a134eaa3%2Fc366d4db-a10e-4128-a6a5-af4a688145c2%2F844eobd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1
2
3
4
5
6
7
8
9
10
보교
11
12
13
14
15
A
B
FINANCIAL TRANSACTION WORKSHEET
TRANSACTION
A. Jasmin invested 100 000 cash to start a Travel and Tour Agency.
B. Jasmin bought repair equipment from X Co. on credit, 150 000
C. She bought shop supplies for cash 30 000
D. Paid X Co. partially 30 500
E. Customers paid cash for services rendered to them, 50 000.
F. Paid utilies expense, 8 000,
G. Cruz paid salaries and wages, 32 000
H. Shop supplies purchased, 15 000 and made a down payment of 5 000
1. Cruz, withdrew 8 000 for his personal use.
J. Paid rent expense for the month, 7 000
K. Miscellaneous espense, 2000
ASSETS =
100 000
C
LIABILITIES +
D
OWNER'S EQUITY
100 000
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education