ASSIGNMENT #3 – Determine the missing amounts in cells numbered 1– 12. Ensure equality of the First row refers to the beginning balances (balances in the previous accounting period) Below is one of the worksheet of ABM Company. Determine the missing amounts in order to clearly identify the events that occurred: ASSETS = LIABILITIES + EQUITY Accounts Accounts Cash Equipment Inventories Capital Revenues Expenses Receivable 11,000 Payable (5) (11) (1) (4) 20,000 Beginning -0- (6) -0- -0- 1 2 3,000 3,000 3 (10) 1,000 4 -3,000 -3,000

ASSIGNMENT #3 – Determine the missing amounts in cells numbered 1– 12. Ensure equality of the First row refers to the beginning balances (balances in the previous accounting period) Below is one of the worksheet of ABM Company. Determine the missing amounts in order to clearly identify the events that occurred: ASSETS = LIABILITIES + EQUITY Accounts Accounts Cash Equipment Inventories Capital Revenues Expenses Receivable 11,000 Payable (5) (11) (1) (4) 20,000 Beginning -0- (6) -0- -0- 1 2 3,000 3,000 3 (10) 1,000 4 -3,000 -3,000

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Description: ASSIGNMENT #3 - Determine the missing amounts in cells numbered 1- 12. Ensure equality of theequation. First row refers to the beginning balances (balances in the previous accounting period).Below is one of the worksheet of ABM Company.Determine the

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 5PA: Identify the financial statement on which each of the following account categories would appear: the...

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