Presentation is loading. Please wait.

Presentation is loading. Please wait.

How Transactions Change Owner’s Equity in an Accounting Equation

Similar presentations


Presentation on theme: "How Transactions Change Owner’s Equity in an Accounting Equation"— Presentation transcript:

1 How Transactions Change Owner’s Equity in an Accounting Equation
Lesson 1-3 12/8/2018 LESSON 1-3 How Transactions Change Owner’s Equity in an Accounting Equation Green

2 REVENUE TRANSACTIONS page 14 Transaction 6 August 12. Received cash from sales, $ Transaction 7 August 12. Sold services on account to Oakdale School, $ LESSON 1-3

3 EXPENSE TRANSACTIONS page 15 Transaction 8 August 12. Paid cash for rent, $ Transaction 9 August 12. Paid cash for telephone bill, $40.00. LESSON 1-3

4 OTHER CASH TRANSACTIONS
Lesson 1-3 12/8/2018 OTHER CASH TRANSACTIONS page 16 Transaction 10 August 18. Received cash on account from Oakdale School, $ Transaction 11 August 18. Paid cash to owner for personal use, $ LESSON 1-3 Green

5 TERMS REVIEW revenue sale on account expense withdrawals page 17
Lesson 1-3 12/8/2018 TERMS REVIEW page 17 revenue sale on account expense withdrawals LESSON 1-3 Green


Download ppt "How Transactions Change Owner’s Equity in an Accounting Equation"

Similar presentations


Ads by Google