Start Up Worksheet Accounting
- 1. Transaction DescriptionCashInventorySuppliesPrepaid InsurancePrepaid RentBusiness LicenseCooking EquipmentDishesDecorationsFurnitureContributed CapitalRetained EarningsBeginning Balance$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -Beginning Contribution by Owner60,00060,000Purchase of 3 Month Insurance(1,455)1,455Paid Deposit on Building Rent(4,740)4,740Start Up Inventory(14,000)14,000Start Up Supplies(1,500)1,500Purchased Cooking Equipment(12,500)12,500Purchased Dishes(2,000)2,000Purchased Decorations(1,500)1,500Purchased Furniture(6,000)6,000Obtained Business License(120)120TOTAL START UP COST$16,185$14,000$1,500$1,455$4,740$120$12,500$2,000$1,500$6,000$60,000$ -<br />
