Account Name | Debit | Credit |
---|---|---|
Assets | ||
Cash in register | $5,000 | |
Bank Accounts | $12,000 | |
Accounts Receivable | $3,000 | |
Inventory (POS stock) | $10,000 | |
Total Assets | $37,000 | |
Liabilities | ||
Accounts Payable | $2,000 | |
Short-term Loans | $4,000 | |
Sales Tax Payable | $500 | |
Wages Payable | $1,200 | |
Total Assets | $20,700 | |
Total | $37,000 | $37,000 |
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