ACC3300 Intermediate Accounting I Examination II - Take-Home Component Spring 2020 ACC Company, Inc. Balance Sheet Assets: 12/31/19 Current Assets: Cash 3,000.00 Accounts Receivable 1,250.00 Prepaid Expenses 100.00 Total Current Assets $ 4,350.00 Non-Current Assets: Property, Plant, and Equipment Land $ 10,000.00 Buildings 25,000.00 Equipment 15,000.00 Accumulated Depreciation $ (12,000.00) Total Property, Plant, and Equipment 38,000.00 Total Assets $ 42,350.00 Liabilities: Current Liabilities Accounts Payable 100.00 Accrued Expense 150.00 Salary and Wages Payable Notes Payable Unearned Revenue $ 1,500.00 Total Liabilities $ 1,750.00