CS3.5 Business Expense Reimbursement Corporate Standard

December 31st Cash 300 Accounts receivable 1,000 Inventory 1,300 Prepaid Rent (expires next month) 200 Office equipment, net of Acc/Depr 4,400 Land 10,000 Unearned revenue 400 Accounts payable 500 Interest payable 100 Note payable (due in 5 years) 2,900 Common stock 13,000 Retained earnings 300 Totals 17,200 17,200 ................
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