DIRECTIONS: MUST SHOW DETAILED WORK STEP BY STEP

The following items are taken from the financial statements of Cerner ending December 31 , 2008. Accounts payable Accounts receivable Accumulated depreciation equipment Advertising expense Cash Cerner, Capital (1/1/08) Cerner, Drawing Depreciation expense Insurance expense Note payable, due 6/30/09 Prepaid insurance (12-month policy) Rent expense Salaries expense Service revenue Supplies Supplies expense Equipment Company for the year s 18000 11,000 28,000 21,000 15,000 102,000 14000 12,000 3,000 70,000 6,000 171000 32,000 133,000 4,000 6,000 210,000