Assets
=
Liabilities
+
Paid in capital
+
Retained earnings
1.
260000
=
260000
Total
260000
=
260000
2.
32000 + (8000)
=
24000
Total
284000
=
24000
+
260000
+
0
3.
80000
=
80000
Total
364000
=
104000
+
260000
+
0
4.
(60000) + 100000
=
40000
Total
404000
=
104000
+
260000
+
40000
5.
(3750)
=
(3750)
Total
400250
=
104000
+
260000
+
36250
6.
(5650)
=
(5650)
394600
=
98350
+
260000
+
36250
7.
(60000)
=
(60000)
334600
=
38350
+
260000
+
36250
8
45000 + (45000)
=
Total
334600
=
38350
+
260000
+
36250
9.
(800)
=
(800)
Total
333800
=
38350
+
260000
+
35450
Assets
=
Liabilities
+
Paid in capital
+
Retained earnings
1.
260000
=
260000
Total
260000
=
260000
2.
32000 + (8000)
=
24000
Total
284000
=
24000
+
260000
+
0
3.
80000
=
80000
Total
364000
=
104000
+
260000
+
0
4.
(60000) + 100000
=
40000
Total
404000
=
104000
+
260000
+
40000
5.
(3750)
=
(3750)
Total
400250
=
104000
+
260000
+
36250
6.
(5650)
=
(5650)
394600
=
98350
+
260000
+
36250
7.
(60000)
=
(60000)
334600
=
38350
+
260000
+
36250
8
45000 + (45000)
=
Total
334600
=
38350
+
260000
+
36250
9.
(800)
=
(800)
Total
333800
=
38350
+
260000
+
35450
Solution
Assets
=
Liabilities
+
Paid in capital
+
Retained earnings
1.
260000
=
260000
Total
260000
=
260000
2.
32000 + (8000)
=
24000
Total
284000
=
24000
+
260000
+
0
3.
80000
=
80000
Total
364000
=
104000
+
260000
+
0
4.
(60000) + 100000
=
40000
Total
404000
=
104000
+
260000
+
40000
5.
(3750)
=
(3750)
Total
400250
=
104000
+
260000
+
36250
6.
(5650)
=
(5650)
394600
=
98350
+
260000
+
36250
7.
(60000)
=
(60000)
334600
=
38350
+
260000
+
36250
8
45000 + (45000)
=
Total
334600
=
38350
+
260000
+
36250
9.
(800)
=
(800)
Total
333800
=
38350
+
260000
+
35450
Assets
=
Liabilities
+
Paid in capital
+
Retained earnings
1.
260000
=
260000
Total
260000
=
260000
2.
32000 + (8000)
=
24000
Total
284000
=
24000
+
260000
+
0
3.
80000
=
80000
Total
364000
=
104000
+
260000
+
0
4.
(60000) + 100000
=
40000
Total
404000
=
104000
+
260000
+
40000
5.
(3750)
=
(3750)
Total
400250
=
104000
+
260000
+
36250
6.
(5650)
=
(5650)
394600
=
98350
+
260000
+
36250
7.
(60000)
=
(60000)
334600
=
38350
+
260000
+
36250
8
45000 + (45000)
=
Total
334600
=
38350
+
260000
+
36250
9.
(800)
=
(800)
Total
333800
=
38350
+
260000
+
35450.
