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Howard Pauls wrote down his personal accounting information but some of it was destroyed.

Bicycle	$750
Automobile	$3,440
Cash	$890
Computer	$?
Net Worth	$3,270
Bank Loan	$?
Television	$1,090
Total Assets	$9,220
Unpaid Bills	$2,660

Do not enter dollar signs or commas in the input boxes.

Required

a) How much is Howard's computer worth? Computer: $ ? b) What is the balance of Howard's bank loan? Bank Loan ?

Also Indicate whether the account balances will increase or decrease and by how much, based on each transaction. The first transaction has been completed for you. Always ensure that the accounting equation is balanced.

Do not enter dollar signs or commas in the input boxes.

Use the negative sign for negative values.

Where a transaction affects two accounts in the same category, enter the positive amount in the first space provided and enter the negative amount in the second.

Transaction	Assets	Liabilities	Net Worth
Purchased a new TV for $1,300 on credit.	1300	1300
1) Purchased $63 worth of gas on credit.	?	?	?
2) Made a $970 car loan payment.	?	?	?
3) Purchased a chandelier for $1,090 cash.	?	?	?
4) Prepaid three months of insurance with $330 cash.	?	?	?
	?	?	?
5) Received a cash gift of $960.	?	?	?
6) Used up one of three months of prepaid insurance.	?	?	?
7) Paid interest of $49, in cash, on the car loan.	?	?	?
8) Received a phone bill for $84.	?	?	?

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