Ms Rosni started a beauty salon business on 1 July and plans to prepare the income statements for each month The following are the transaction in the month of August:

Transaction

1. Invested RM 20,000 cash and fittings worth RM 8,000 in the business
2. Paid shop rental of RM 750
3. Purchased additional fittings worth RM 5,000 on credit
4. Received revenue of RM1,100 from the service rendered and facial collection sold for the first and
second week of the month
5. Purchased additional fittings worth RM 2,200 in cash
6. Received revenue of RM 2,400 from the services rendered in the third and fourth week of the month
7. Paid for fittings bought in transaction (3)
Students are required to
Prepare an analysis of the above transaction using the format given

Example

Assets Liabihnes + Owners Equity
RM20.000 (+ Cash RM8,000/ Fillings) = 0 +RM 28,000 + Capital)​

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's