Insurance Accounting by Bullard CPA FLMI/M Michael
Author:Bullard CPA, FLMI/M, Michael [Bullard CPA, FLMI/M, Michael]
Language: eng
Format: epub
Publisher: Unknown
Published: 2014-09-14T16:00:00+00:00
Cash
$75.00
Bonds
150.00
Prepaid Insurance
25.00
Equipment
80.00
Accumulated Depreciation
-5.00
75.00
Total Assets
$325.00
Liabilities
Accounts Payable
$80.00
Loans Payable
70.00
Total Liablilities
$150.00
Owners Equity
Beginning OE
$140.00
Net Income
35.00
Ending OE
$175.00
Total Liablities and OE
$325.00
Income
Sales Revenue
$175.00
Interest Income
15.00
Total Income
$190.00
Total Expenses
155.00
Net Income (Loss)
$35.00
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