The answers to this final are to be time-stamped and emalled3:00 pm. Oi May 5, 202.1. On March 1, 2021, the amount of Tiger Paw's capital in Paw's Catering Company was $150,000.During March, he withdrew $31,000 from the business. The amounts of the various assets,liabilities, revenues, and expenses are as follows:Accounts payable$ 10,250Accounts receivable45,950Cash19,390Fees earned60,5001,275Insurance expenseLand85,400Miscellaneous expense1,210Prepaid insuranceRent expenseSalary expenseSuppliesSupplies expenseUtilities expense3,0009,00020,3009005252,800Prepare a statement of owner's equity for March as of March 31.F5F6F7PrtScF8F9F10F11F12&8CO

It is the statement that provides the movement of the owner's balance from the beginning to the end…

On March 1, 2021, the amount of Tiger Paw's capital in Paw's Catering Comp During March, he withdrew $31,000 from the business. The amounts of the liabilities, revenues, and expenses are as follows: Accounts payable $ 10,250 Accounts receivable 45,950

On March 1, 2021, the amount of Tiger Paw's capital in Paw's Catering Comp During March, he withdrew $31,000 from the business. The amounts of the liabilities, revenues, and expenses are as follows: Accounts payable $ 10,250 Accounts receivable 45,950

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The answers to this final are to be time-stamped and emalled
3:00 pm. Oi May 5, 202.
1. On March 1, 2021, the amount of Tiger Paw's capital in Paw's Catering Company was $150,000.
During March, he withdrew $31,000 from the business. The amounts of the various assets,
liabilities, revenues, and expenses are as follows:
Accounts payable
$ 10,250
Accounts receivable
45,950
Cash
19,390
Fees earned
60,500
1,275
Insurance expense
Land
85,400
Miscellaneous expense
1,210
Prepaid insurance
Rent expense
Salary expense
Supplies
Supplies expense
Utilities expense
3,000
9,000
20,300
900
525
2,800
Prepare a statement of owner's equity for March as of March 31.
F5
F6
F7
PrtSc
F8
F9
F10
F11
F12
&
8
CO

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