7:43 Copyright © McGraw-Hill Educa 2 of 6 Real-World Annlications and Connections Name Account Title Cash in Bank Complete the following applications on pages 102-103 in your textbook. Case Study

H.O.T. Audit 21st Century Skills Career Wise Spotlight on Personal Finance 00000 learning.k12.com Account Classification Asset Working Papers for Section Problems Problem 4-1 Applying the Rules of Debit and Credit (textbook p. 85) Date Increase Side Debit Class Decrease Side Credit Chapter 4 27 Normal Balance Debit Copyright © McGraw-Hill Education. All rights reserved. 7:44 Name learning.k12.com Problem 4-4 Using T Accounts to Analyze Transactions (textbook p. 97) Analyze: Problem 4-5 Analyzing Transactions Analyze: Date 30 Chapter 4 Class into Debit and Credit Parts (textbook p. 98) Chapter 4 29 Copyright © McGraw-Hill Education. All rights reserved. Problem 5-1 Applying the Rules of Debit and Credit (textbook p. 113) Normal Account Classification Balance Asset Debit Account Title Cash in Bank Increase Side Debit Decrease Side Credit 8 of 8 Copyright © McGraw-Hill Education. All rights reserved. Name Problem 5-7 (concluded) (4) 7:45 Analyze: 1. 2. 3. 4. 5. Totals 6. 7. 8. 9. Account Name learning.k12.com Assets = Liabilities + $64,400 $ 8,200 22,150 525 17,500 75 49,450 21,900 72,640 Date Problem 5-8 Completing the Accounting Equation (textbook p. 128) Owner's Equity $56,300 18,800 21,650 47,840 20,005 Debit Balances $ Class $ 1,500 950 - Withdrawals + Revenue $ 500 $10,000 1,200 12,100 4,115 20,300 10,750 6,196 Chapter 5 39 Credit Balances 1,150 2,790 1,988 41,194 3,840 61,774 (Expenses plus withdrawals equal $27,749.) 64,070 49,102 4,875 53,166 (Total owner's equity after adding revenue and subtracting expenses and withdrawals is $50,643.) Analyze: 40 Chapter 5 67,908 52,210 40,163 Expenses $ 9,600 3,250 17,610 16,570 39,749 42,597 21,637 Copyright McGraw-Hill Education. All rights reserved. 7:45 Problem 5-7 Analyzing Transactions (textbook p. 127) (1), (2), (3) 38 Chapter 5 Copyright © McGraw-Hill Education. All rights reserved. Name learning.k12.com Problem 5-7 (continued) Date Class Copyright McGraw-Hill Education. All rights reserved.