DataChapter 4 Homework (4/22) EXERCISE 4-12 (a) 1. Equipment ........................................................ Cash.......................................................... Salaries and Wages Expense ......................... Cash.......................................................... 2. Cash .................................................................. Service Revenue ............................... Cash .................................................................. Accounts Receivable .............................. 3. Equipment ........................................................ Accounting Payable ................................ Equipment ........................................................ Accounts Payable.................................... (b) 1. Salaries and Wages Expense ......................... Equipment ................................................ Service Revenue .............................................. Cash .................................................................. Accounts Receivable .............................. Equipment ........................................................ Accounts Payable 300 300 800 800 670 670 760 760 700 700 300 500 800 90 90 700 700 700 700

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EXERCISE 4-14 (a) REGO BOWLING ALLEY Statement of Financial Position December 31, 2014 Assets Property, plant, and equipment Land.............................................. Buildings ...................................... Less: Acc. depr.—buildings .... Equipment.................................... Less: Acc. depr.—equipment .. Current assets Prepaid insurance ....................... Accounts receivable ................... Cash ............................................. Total assets ......................................... $128,000 42,600 62,400 18,720 $67,000 85,400 43,680 4,680 7,540 18,040 $196,080

30,260 $226,340