Cost of Goods Sold

      Inventory

Inventory Write-down

       Inventory

Bad Debt Expense

       Allowance for Doubtful Accounts

Accounts Receivable

       Sales Revenue

Allowance for Doubtful Accounts

       Accounts Receivable

Bad Debt Expense

       Allowance for Doubtful Accounts

Accounts Receivable

       Allowance for Doubtful Accounts

Cash

       Accounts Receivable

Notes Receivable

       Cash

1.  Accruing Interest Earned

2.  After All Interest is Payed

3.  Once the Principal is Received

1.  Interest Receivable

           Interest Revenue

2.  Cash

           Interest Receivable

           Interest Revenue

3.  Cash

           Note Receivable

Bad Debt Expense

       Accounts Receivable

Rides and Equipment

       Cash

OR

Rides and Equipment

       Cash

       Note Payable

Depreciation Expense

       Accumulated Depreciation

Loss Due to Impairment of Assets

       Rides and Equipment

Cash

Accumulated Depreciation

Loss on Sale

       Buildings

Amortization Expense

       Patents

Timber Inventory

       Timber Tract

Salaries Expense

       Salaries Payable

Salaries/Wages Expense

       Withheld Income Taxes Payable

       FICA Taxes Payable

       Cash

Payroll Taxes Expense

       FICA Taxes Payable

Interest Expense        1000

       Interest Payable      1000

Then....the rest

Interest Payable         1000

Interest Expense        5000

       Cash                       6000

1.  Receiving a Principal

2.  Paying off a Principal

1.  Cash

           Note Payable

2.  Note Payable

           Cash

Cash                      1050

       Sales Tax Payable          50

       Sales Revenue               1000

Cash

       Unearned Revenue

Unearned Revenue

       Subscription Revenue

Common Stock Transaction

Sells 100,000 shares $.01 par val; issuance of $30/share

Cash                            3000000

       Common Stock (3mil*.01)      1000

       Addtional Paid-In Capital       2,999,000

Repurchases

Repurchases 50000 shares of its own stock when it was selling at $25/share

Treasury Stock

       Cash

Reissuance of Treasury Stock

5000 shares for $26/share

Initially purchased at $25/share

Cash (5000*26)                     130000

       Tresury Stock (5000*25)                     125000

       Additional Paid in Capital [5000*(26-25)] 5000

Reissuance of Treasury Stock

Issues 5000 shares for $23/share

Initially purchased at $25/share

Cash (5000*23)                                 115000

Additional Paid-In Cap [5000*(25-23)]  10000

       Treasury Stock (5000*25)                    125000

Dividend Declared

       Dividend Payable

Sold equipment for 80000

Original Cost 100000

Accumulated Depreciation 22000

Cash                                 80000

Accumulated Depreciation    22000

       Equipment                        100000

       Gain on disposal                2000

Stock Dividend (Large)

50,000,000 of its $.01 par val

Retained Earnings (.01*50000000)    500,000

       Common Stock                             500,000

       Additional Paid in Cap (NOT THIS EX)

Number of shares outstanding doubles;

par value per share 1/2 less;

total par value outstanding NE;

Retained earnings NE;

Total S/E NE

Preferred Stock Issuance

Issues 1000000 shares

$.01 par value preferred stock

$5 per share

Cash (1000000*5)                       5000000

       Preferred Stock (1000000*.01)         10000

       Additional Paid In Capital-preferred  4990000

Earnings Per Share

EPS

Net Income

Av. # Common Shares Outstanding

Return on Equity

ROE

Net Income

Average SH/Eq

Price/Earnings Ration

P/E

Current Stock Price (per share)

Earnings per share (annual)