Case Study Chapter 2
Great Wonder Farm Data Table
ASSETS = LIABILITIES + EQUITY
Contributed Capital Retained Earnings Salaries Common Service Salaries Cash Payable Stock Dividends Revenue Expense 25,000 11,000 5,004 25,000 1,100 4,300 1,300 1,900 500 14,000 1,900 4,000 Property Tax 1,400 5,100 Notes Payable Expense 1,100 5,100 33,000 600 2,170 Accounts Advertising Receivable Expense 4,300 1,400 270 Land 11,000 Building 33,000 Equipment 14,000
Using this data table, make a Trial Balance for Great Wonder Farm