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Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the companys

Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the companys accounts for the year ended June 30, 2013.

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Edwards Corporation operates hair salons under various brand names. The following is a simplified list of accounts and amounts (in millions) reported in the company's accounts for the year ended June 30, 2013. $ 69 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation-Equipment Amortization Expense Cash Common Stock Depreciation Expense Equipment Income Tax Expense Interest Expense Inventories Note Payable (long-term) Note Payable (short-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Software Supplies Expense 36 18 147 310 70 600 18 36 198 172 193 130 57 260 359 680 174 1,740 690 149

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