Selected line items have been identified from the balance sheet presented below. For each line item, describe additional information that could be included in a note to the financial statement.

Selected line items have been identified from the balance sheet presented below. For each line item, describe additional information that could be included in a note to the financial statement. (Click the icon to view the balance sheet.) Accounts Receivable-net Merchandise Inventory Office Supplies Prepaid Rent Total Current Assets 11,000 Current Portion of Long-Term Debt 24,000 Interest Payable 600 IncomeTaxes Payable 200 Unearned Revenue $41,500 Total Current Liabilitios Noncurrent Liabilities: $15,000 Notes Payable Bonds Payable $20.000 Total Noncurrent Liabilities Total Liabilities 80,000 Stockholders' Equity Common Stock - at par Additional Paid-in Capital $108,000 Retained Earnings \$ 4,500 Accumulated Other Comprehensiv. 3,100 Total Stockholders' Equity $130,600 Total Liabilities and Stockholders' E $172,100 Selected line items have been identified from the balance sheet presented below. For each line item, describe additional information that could be included in a note to the financial statement. (Click the icon to view the balance sheet.) Accounts Receivable-net Merchandise Inventory Office Supplies Prepaid Rent Total Current Assets 11,000 Current Portion of Long-Term Debt 24,000 Interest Payable 600 IncomeTaxes Payable 200 Unearned Revenue $41,500 Total Current Liabilitios Noncurrent Liabilities: $15,000 Notes Payable Bonds Payable $20.000 Total Noncurrent Liabilities Total Liabilities 80,000 Stockholders' Equity Common Stock - at par Additional Paid-in Capital $108,000 Retained Earnings \$ 4,500 Accumulated Other Comprehensiv. 3,100 Total Stockholders' Equity $130,600 Total Liabilities and Stockholders' E $172,100