Professional Documents
Culture Documents
- 3,000.00
Awash Corporation
Income Statement
March 31,2010
Revenue
Expense
Withdrawal (3,000.00)
Awash Corporation
Balance Sheet
March 31,2010
Asset
Cash 5,662.00
A/Receivable 3,550.00
Supplies 3,700.00
Liability
A/payable 4,000.00
Capital
1. Prepaid rent paid was used (Expired) for a month Birr 800.00
2. Supplies on hand at the end of the month was Birr 1,000.00
Adjustment Entry for the above transaction
41,350 41,350.00
Expense
Awash Corporation
Owners’ Equity Statement
March 31,2010
Revenue
Withdrawal (3,000.00)
Cash 5,662.00
A/Receivable 3,550.00
Supplies 1,000.00
Liability
A/payable 4,000.00
Capital