Account Name Amount Dividends $2,750 Prepaid expenses 1,800 Interest expense 1,150 Website expense Accounts receivable 800 31,325 Deferred revenue 1,500 Income tax expense 5,275 Collections from customers 44,375 Purchase of intangibles 1,310 Payments to suppliers 41,840 Car experse 2,125 Retained earnings (beginning of year) 10,235 Payment of dividends 2,750 Rent expense 2,400 Supplies expense 1,500 Cash (beginning of year) 37,625 Service revenue 33,150 Cash received from debt 15,000 Prepaid rent 1.200