Unit 5
Accounting and Finance Foundations Unit 5: Accounting Terminology 344Accounting Terminology
Chapter 14
Assets=Liabilities+Owner’s EquityTrans.No.Cash+Accounts Receivable, Lisa Cook+Supplies+Prepaid Insurance=Accounts Payable/Allen
Company+Whitney Newhouse, Capital+RevenueExpensesDrawing1.+3000+++=++3000+Bal.+++=++2.+++=++Bal.+++=++3.+++=++Bal.+++=++4.+++=++Bal.+++=++5.+++=++Bal.+++=++6.+++=++Bal.+++=++7.+++=++Bal.+++=++8.+++=++Bal.+++=++9.+++=++Bal.+++=++10.+++=++Bal.+++=++11.+++=++Bal.+++=++12.+++=++Totals+++=++Student Assignment
Name: _____________________________________________________ Date: ___________________