chap7 masteryProblem3-1 7-3 MASTERY. . 7-3 MASTERY PROBLEM, p. 195 Preparing financial statements with a net loss. Rolsted Repair Service Balance Sheet 30-Sep-13 Assets Liabilities Cash 6958.00 A/P- Tampa Supply 612.00 Petty Cash 150.00 Total Liabiliites 612.00 A/R- M. Hollerud 197.00 Owner's Equity Supplies 780.00 Ron Rolsted, Capitol 8273.00 Prepaid Insurance 800.00 Total Assets 8885.00 Total Liabiliites and Owner's Equity 8885.00.
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