Cornerstone Co. Balance Sheet Accounts 12/31/17 12/31/18 Bonds Payable $2,100 Cash 392 Accounts Receivable 128 Preferred Stock 500 Accounts Payable 250 Land 3,285 Common Stock 1,200 Inventory $2,100 400 145 500 244 3,285 1,200 480 520 320 Retained Earnings 400 Unearned Rent Revenue (to be earned in 2 months)40 28 114 Prepaid Insurance (3-month policy) 173 Taxes Payable 20 20