Video Review
Leo & Mias Lemonade Stand
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the results below and also see and listen to the video results displayed.
Balance Sheet	Transaction 1 & 2	Transaction 3 & 4	Transaction 5	Transaction 6	Transaction 7	Transaction 8 & 9	Transaction 10 & 11
Assets
Cash	$10.00	$6.00	$0.00	$10.00	$0.00	$0.00	$5.50
Accounts Receivable
Inventory			$6.00			$7.00
Equipment		$10.00	$10.00	$10.00	$10.00	$10.00	$10.00
Total Assets	$10.00	$16.00	$16.00	$20.00	$10.00	$17.00	$15.50
Liabilities
Accouts Payable-Mom		$6.00	$6.00	$6.00	$0.00
Loans Payable-Mia	$5.00	$5.00	$5.00	$5.00	$1.00	$8.00	$0.00
Total Liabilities	$5.00	$11.00	$11.00	$11.00	$1.00	$8.00	$0.00
Owner Equity
Owner Equity-Leo	$2.00	$2.00	$2.00	$4.00	$4.00	$4.00	$7.25
Owner Equity-Mia	$3.00	$3.00	$3.00	$5.00	$5.00	$5.00	$8.25
Total Equity	$5.00	$5.00	$5.00	$9.00	$9.00	$9.00	$15.50
Total Liabilties & Equity	$10.00	$16.00	$16.00	$20.00	$10.00	$17.00	$15.50
Income Statement
				Day 1 Profit			Day 2 Profit		Total  Profit & Loss
Sales				$10.00			$13.50		$23.50
Cost Of Sales				$6.00			$7.00		$13.00
Net Income				$4.00			$6.50		$10.50
Suggestion: You can watch the video ,pause it when needed,  and also see
the results above and also see and listen to the video results displayed.