On August 31, the balance sheet of Bridgeport Veterinary Clinic showed Cash $12,000, Accounts Receivable $4,700,...

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On August 31, the balance sheet of Bridgeport Veterinary Clinic showed Cash $12,000, Accounts Receivable $4,700, Supplies $ 6 la Prepare a tabular analysis of the September transactions beginning with August 31 balances. (If a transaction causes a dec

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Answer 1

Answer #1

Bridgeport Veterinary Clinic
	assets (amounts in $)		liabilities (amount in $)	stockholders equity (amount in $)
	cash	accounts receivable	supplies	equipment	=	notes payable	accounts payable	common stock	retained earnings	revenues	expenses	dividends
beginning balance	12000	4700	600	6000			6600	15950	750
Sep-01	-3300						-3300
Sep-02	1350	-1350
Sep-03	-900			1250			350
Sep-04	2400	6200								8600
Sep-05	-650											-650
Sep-06
a	-2600										-2600
b	-1050										-1050
c	-100										-100
Sep-07							220				-220
Sep-08	12000					12000
ending balance	19150	9550	600	7250		12000	3870	15950	750	8600	-3970	-650

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