Homework #1 >> Introduction to Financial Accounting
Cr. Accounts Payable 300
Cr. Cash 500
Cr. Notes Payable 1000
Cr. Cash 500
Cr. Cash 100
Cr. Common Stock 10,000
Cr. Common Stock 50,000
Cr. Common Stock 10,000
Cr. Additional Paid-in Capital 40,000
Cr. Common Stock 40,000
Cr. Additional Paid-in Capital 10,000
Dr. Additional Paid-in Capital 40,000
Cr. Cash 50,000
Cr. Equipment 75,000
Cr. Cash 75,000
Cr. Cash 75,000
Cr. Inventory 75,000
Cr. Cash 75,000
Cr. Cash 3,000
Cr. Cash 3,000
Cr. Cash 3,000
Cr. Rent Expense 3,000
Cr. Prepaid Rent 3,000