Question: Assignment 2: Using the transactions below, complete the simplified Balance Sheet for the month of April. Use the template provided here; do not change the

Assignment 2: Using the transactions below,
Assignment 2: Using the transactions below, complete the simplified Balance Sheet for the month of April. Use the template provided here; do not change the formulas. Make sure your total assets equal your total liabilities. Save and submit this file in the designated area in week 2. Transactions: April 1, 2020: You invested $10,000 to start your new business. April 2, 2020: You paid $900 in cash for supplies. April 3, 2020: You paid $800 rent for the month of April for your storefront. April 4, 2020: You bought $400 worth of office equipment (1 desk and 1 chair). April 28, 2020: You sold $2,200 worth of product. April 29, 2020: You bought material to produce your product worth $1,500 on credit payable in 90 days. April 30, 2020: You took inventory at the end of the month and you found that you had $1,800 worth of product material (supplies) remaining. Student's New Business - Month of April, 2020 Assets = Liabilities Owner's Equity Date Inventory Furniture | Cash Accounts Payable April 1, 2020: ####### # 10,000.00 April 2, 2020: 900.00 (900.00 April 3, 2020: (800.00 (800.00 April 4, 2020: 400.00 (400.00 April 28, 2020: 2,200.00 2,200.00 April 29, 2020; ####### 1,500.00 April 30, 2020; 600.00) 600.00) Total ####### 400.00 ######## 1,500.00 10,800.00 Total Assets ######## Total Liabilities 12,300.00

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