EXERCISE V: USING THE EXPANDED ACCOUNTING EQUATION, SOLVE FOR THE O EQUITY BEGINNING AND END. ACCOUNT NAME AMOUNT ELEMENT Accounts Receivable P 10,000.00 Accrued Salaries 25,000.00 Accounts Payable 200,000.00 Cash in Bank 75,100.00 Computer 25,000.00 Depreciation Expense 6,000.00 Furniture & Fixture 17,500.00 nsurance Expense 10,000.00 Prepaid Rent 12,000.00 Rent Expense 2,000.00 Truck 65,000.00 Salaries Expense 27,500.00 Service Revenue 350,000.00 Utilities Expense 30,000.00