Financial Transaction
Worksheet
Business Transactions
1. Bought office supplies ON CREDIT
2. Investment of owner
3. Paid creditors
4. Received cash for services rendered
5. Paid employees salaries
6. Bought equipment paying cash
Assets = Liabilities + Equity
1. Bought office supplies ON
CREDIT
Assets = Liabilities + Equity
1. Bought office supplies ON Increase =
Office
CREDIT supplies
Assets = Liabilities + Equity
1. Bought office supplies ON Increase = Increase +
Office Liabilities
CREDIT supplies
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner Increase in = +
Cash/
NonCash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner Increase in = +
Cash/
NonCash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner Increase in = + Increase
Cash/ in Capital
NonCash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors Decrease in =
Cash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner =
3. Paid Creditors Decrease in = Decrease in
Cash Payable/Liabi
lities
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered Increase in =
Cash
ASSET
ASSET LIABILITIES EQUITY
INCOME
ASSET LIABILITIES EQUITY
EXPENSES
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered Increase in = + Increase
Cash in income
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries Decrease in =
cash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries Decrease in = + Decrease in
cash equity (incur
EXPENSE)
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries = +
6. Bought equipment paying cash = +
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries = +
6. Bought equipment paying cash Increase in = +
Equipment
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries = +
6. Bought equipment paying cash Increase in = +
Equipment.
Decrease in
cash
Assets = Liabilities + Equity
1. Bought office supplies ON CREDIT = +
2. Investment of owner = +
3. Paid Creditors = +
4. Received cash for services rendered = +
5. Paid employees salaries = +
6. Bought equipment paying cash = +
