Account | Balance |
Cash | −$9100 |
Accounts Receivable | −$5000 |
Inventory | −$500 |
Equipment | −$1000 |
Accounts Payable | $0 |
Notes Payable | +$5000 |
Interest Payable | +$50 |
Common Stock | +$10,000 |
Sales Revenue | +$8000 |
Cost of Goods Sold | −$2500 |
Rental Expense | −$900 |
Salary Expense | −$4000 |
Interest Expense | −$50 |