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Unformatted text preview: Cash 7,700 Assets Supplies 5,000 Accounts Receivable 1,000 Prepaid Insurance 4,600 Total Current Assets 18,300 Property, Plant, Equipment Office Furniture 9,600 Less: Accum. Depreciation 160 9,440 Total Assets 27,740 Current Liabilities Accounts Payable 3,500 Unearned Service Rev 1,000 Travel Payable 200 Salary Payable 840 Total Current Liab. 5,540 Total Liabilities 5,540 Owner Capital 22,200 Total Liabilites & Capital 27,740 Creditor Equity Owner Equity...
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