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.
or
Lemonade Stand Video on Youtube
Lemonade Stand