BUSN 211-02 - Edited 125% Zoom View Add Page Insert Table Chart Text Shape Media Comme BUSN 211-02 Prepaid insurance 320 Inventory, Jan, 1, 2020 300 900 $260 2,068 Building Accumulated depreciation-Building Other assets Unearned consulting revenue Capital stock Retained earnings, Jan 1, 2020 48 2,300 620 Sales 3,600 Repair service revenue 920 Office supplies expense 120 Office Supplies 24 Salaries expense 1,800 Accrued salaries 24 Purchases 2,400 The following additional information is available; a. Prepaid insurance is for a policy dated July 1, 2020. b. The ending inventory amounts to $ 300. c. The building is being depreciated over a 30-year life, straight-line, and no salvage value. BUSN 211-02 - Edited 125% Zoom View Add Page Insert Table Chart Text Shape Media Comme BUSN 211-02 Prepaid insurance 320 Inventory, Jan, 1, 2020 300 900 $260 2,068 Building Accumulated depreciation-Building Other assets Unearned consulting revenue Capital stock Retained earnings, Jan 1, 2020 48 2,300 620 Sales 3,600 Repair service revenue 920 Office supplies expense 120 Office Supplies 24 Salaries expense 1,800 Accrued salaries 24 Purchases 2,400 The following additional information is available; a. Prepaid insurance is for a policy dated July 1, 2020. b. The ending inventory amounts to $ 300. c. The building is being depreciated over a 30-year life, straight-line, and no salvage value