(no changes in Feb) = 50,000
Credit: 4,000 (Feb10) Debit: 500 (Feb28) Balance (Credit) = 3,500 ejercicios resueltos de contabilidad
Credit: 4,000 + 3,000 = 7,000
Correction: The trial balance should include the initial capital and beginning cash. But in this exercise, we only show Feb activity. For a proper trial balance, add Jan ending balances (Cash 55,000, Equipment 15,000, Supplies 2,000, Loan 20,000, Capital 50,000, A/P 2,000). Then post Feb changes. (no changes in Feb) = 50,000 Credit: 4,000
– Still not matching assets? Mistake: The capital should not be $50,000 if net income increased equity. Wait – in a sole proprietorship, net income closes to owner’s capital. So: (no changes in Feb) = 50