Account Titles	Debit			Credit
Cash	$	11,200
Accounts Receivable		5,200
Prepaid Rent		2,240
Equipment		20,200
Accumulated Depreciation				$	1,180
Accounts Payable					1,180
Utilities Payable					0
Income Tax Payable					0
Contributed Capital					24,000
Retained Earnings					1,300
Sales Revenue					47,080
Wages Expense		24,200
Utilities Expense		11,700
Rent Expense		0
Depreciation Expense		0
Income Tax Expense		0
Totals	$	74,740		$	74,740

Other data not yet recorded at December 31, 2012:

a.	Rent expired during 2012, $1,120.
b.	Depreciation expense for 2012, $1,180.
c.	Utilities payable, $8,200.
d.	Income tax expense, $310.