Cash
Debit
Beginning Balance
(a)
(c)
800
26,000
1,050
Credit
12,000 (b)
4,700 (d)
Ending Balance
11,150
Notes Receivable
Debit
Credit
Beginning Balance
(b)
1,400
12,000
Ending Balance
13,400
Equipment
Notes Payable
Debit
Credit
Debit
Credit
Beginning Balance
(d)
23,000
Beginning Balance
2,600
(a)
(d)
Ending Balance
Ending Balance
2,600
23,000
Dividends Payable
Common Stock
Debit
Beginning Balance
Credit
0
(e)
Debit
Beginning Balance
Credit
2,600
(c)
Ending Balance
Ending Balance
2,600
Additional Paid-in Capital
Retained Earnings
Debit
Credit
Debit
Credit
Beginning Balance
1,200
(c)
Beginning Balance
(e)
18,800
Ending Balance
1,200
Ending Balance
18,800