Accounting

Accounts payable

 $        15,000

Accounts receivable

 $        12,000

Accrued expenses

 $        26,000

Accumulated depreciation

 $        10,000

Additional paid-in capital

 $        22,000

Allowance for doubtful accounts

 $          1,200

Cash

 $        25,000

Common stock

 $        40,000

Fixed assets

 $        75,000

Intangibles

 $        40,000

Inventory

 $        17,000

Long-term notes payable

 $        80,000

Prepaid expense

 $        12,000

Treasury stock

 $          4,000

Wages payable

 $        12,000