sugey communication has a balance at december 31
office equipment $51,250
note payables $80,000
capital stock 200,000
early of january the following transation were carried out.
1 sold capital stock to owner for $35,000
2purchased land and equipment for total of 90,000, of which 35,000 was the value of the land and 55,000 the value of building. paid 22500 in cash and signed a note payable for the reamineng 67,500
3. bought several computer system on credit for 9,500(30 day open account)
4obtain a lon from capital bank in the amount of 20,000. Signed a note payable.
5. paid 22,250 account payable due as of decemeber 31
I have record each transation and show the total.
I did but I HAVE A DIFFERENCE BETWEEN MY ASSETS 184,000 AND LIABILITIES AND OWNERS EQUITY181,000
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