Name: _________________________________
Date: _____________
Mr. V – Accounting
Period: ___________
Directions: In your textbooks on pages 90-91, you will try to do problem 4-5. Prepare a T
account for each account. Analyze the transactions on the top of page 91 and place the amount
increase or decrease in the debit or credit side of each T account. After you fill in all of the
transactions, record the balance of each account on the normal balance side. At the bottom of the
page, show that the accounting equation is in balance.
ASSETS
______________________
=
LIABILITIES
______________________
+
OE
_____________
____________________
_____________________
_____________________
_____________________
___________A____________ =______________L______________+___________OE______