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Cash $156,500 Accounts Recieveable 116,650 Allowance for Doubtful Accounts $51,250 Supplies 2,950 Prepaid Insurance 1,700 Building 260,000...

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Accounting

Cash $156,500 Accounts Recieveable 116,650 Allowance forDoubtful Accounts $51,250 Supplies 2,950 Prepaid Insurance 1,700Building 260,000 Equipment 125,000 Land 111,500 AccumulatedDepreciation 167,000 Investment in Bonds held to Maturity 24,000Accounts Payable 5,650 Current Maturity of Note Payable 3,000 NotePayable 170,000 Unearned Revenue 12,000 Interest Payable 1,500Salaries Payable 1,950 Common stock 49,100 Retained earnings100,000 Service Revenue 488,700 Advertising Expense 6,000Depreciation Expense 55,600 Insurance Expense 15,800 InterestExpense 1,800 Rent Expense 6,700 Salaries Expense 155,000 SuppliesExpense 2,200 Travel Expense 550 Utilities Expense 6,200 Loss onSale of Equipment 2,000 Total $1,050,150 $1,050,150 create aclassified balance sheet

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