May 24, 2013 (Revised on June 17, 2013)
Intermediate Accounting I
Professor Marina

| Course Project: Balance Sheet and Single Step Income Statement | | | | | | | | | | Part I: Account Classification | | | | | | | | | | | | | | | Income Statement | | Balance Sheet | | | | | | | | | | | | Revenues | | Assets | | | | Sales Revenue | | Current Assets | | | | Sales Discounts | | Cash | | | | Cost of Goods Sold | | Allowance-Doubtful Acc. | | | | Operating Exp. | | Inventories | | | | Selling Expense | | Securities (At-FMV) | | | | Depreciation | | Notes Receivable | | | | Admin. Expense | | Prepaid Expenses | | | | Depreciation | | Non-Current Assets | | | | Other Op. Income | | Long-term Investments | | | | Rental Income | | Investments-Warren Co. | | | | Dividend Income | | Land | | | | Interest Revenue | | PP & E | | | | Net Income Calc. | | Building | | | | Income Tax Expense | | Accumulated Depreciations | | | | | | Intangible Assets | | | | | | Goodwill | | | | | | Patents | | | | | | Copyrights | | | | | | Trademarks | | | | | | Deposits w/Vendors | | | | | Liabilities & Stockholder's Equity | | | | | | Liabilities | | | | | | | Current Liabilities | | | | | | | Accounts Payable | | | | | | | Income Tax Payable | | | | | | | Salaries Payable | | | | | | | Notes Payable to Bank | | | | | | | Mortgage Payable-Current | | | | | | | Accrued Liabilities | | | | | | Accrued Interest on Notes Payable | | | | | Customer Deposits (Expected to be paid next year) | | | | | | Long-Term Liabilities | | | | | | | Mortgage Payable | | | | | | Twenty-year, 12% Bonds, due 1/1/2013 | | |