5R-1. Carol Miller needs a loan from her local bank to help finance her business. She has submitted the following unadjusted trial balance to the bank. As the loan officer, you will be meeting with Carol tomorrow. Could you make some specific written suggestions to Carol regarding her loan report?

Cash in Bank 770

Accounts Receivable 1,480

Office Supplies 3,310

Equipment 7,606

Accounts Payable 684

C. Miller, Capital 8,000

Service Fees 17,350

Salaries 11,240

Utilities Expense 842

Rent Expense 360

Insurance Expense 280

Advertising Expense 146

Totals 26,034 26,034