salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Accumulated depreciation Notes payable (long term) Salvage value of buildinge Interest payable (short term) Uncollectible accounts expense Supplies Equipment Interest revenue Sales revenue Dividends Narranty expense Interest receivable (short term) $118,008 Beginning retained earnings 57,10e 6,108 15,a00 61,08 112,a0e 34,808 91,a00 42,408 1a5,808 51,808 32,a00 64,08 43,808 591,08 184,808 2,608 Question 1 16,008 Warranties payable (short term) 28,508 Gain on sale of equipment 5,00 Operating expenses 62,08 Cash flow from investing activities ELLER EQUIPMENTCO. Income Statement For the Year Ending December 31, Year 1 156,008 Prepaid rent 17,008 Land 7,008 Cash 6,1e8 Accounts payable 5,88 Salaries payable 41,08 Inventory 235,40 Interest expense 932,008 Unearned revenue Operating expenses 16,008 Cost of goods sold 8,808 Accounts receivable 3,208 Depreciation expense Total operating expenses Question 2: Prepare a classified Balance sheet for Eller Equipment Co. for Year 1 Total non-operating items 1912 825px 517,364px 4:10 PM O Type here to search w1e