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Simple Discussion About Accounting Equation and Discussion Questions 

Simple Discussion About Accounting Equation and Discussion Questions
 
Understand the chart above on account influence in accounting then note 
the following problem.
On 1 sep 2003 Yoona opened spa salon . Here is a transaction that occurs in the 
salon belongs Yoona
1. Submit cash of 50,000,000 > 1 september
2. Pay the rental shop 3.000.000 > 5 september
3. Purchased equipment loans > 8 sep
4. Receiving money from salon services in cash 8,000,000 > 16 sep
5. Borrowing money in the bank to sign the bills 3,000,000 > 18 sep
6. The customer requested services on credit 2,500,000 > 24 sep
7. To pay fees
- Salaries of employees 800,000
- Electricity 500,000
- Tepepon 300,000
Question
a. Record the following transactions to the fundamental accounting equation
b . Prepare an income statement , changes in equity , and the balance 
30 september 2003 belonged to Yoona .





 
 
 
 
 
 
 
 
 
 
 
 
 
Note :
1. What is in brackets it means that finance and who do not mean adding
2. The final amount of the assets must equal liabilities ie 63 900 is not the 
same if it means no balance or unbalance between assets liabilities . Consider the effect 
on the debt or capital assets .
 
 
 
 
 Thanks for your attention, Good Bye!

See you in the next post

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