start up worksheet accounting

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Transaction Description Cash Inventory Supplies

Prepaid Insurance

Prepaid Rent

Business License

Cooking Equipment Dishes

Decorations Furniture

Contributed Capital

Retained Earnings

Beginning Balance

$ -

$ -

$ -

$ - $ - $ -

$ -

$ -

$ -

$ -

$ - $ -

Beginning Contribution by Owner 60,000 60,000Purchase of 3 Month Insurance (1,455) 1,455Paid Deposit on Building Rent (4,740) 4,740

Start Up Inventory (14,000) 14,000

Start Up Supplies (1,500) 1,500Purchased Cooking Equipment (12,500) 12,500

Purchased Dishes (2,000) 2,000

Purchased Decorations (1,500) 1,500

Purchased 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 $ -

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