List of Accounts:

Accounts Payable Accounts Receivable Accrued Liabilities Accumulated Depreciation-Building Accumulated Depreciation-Equipment Advances to Employees Allowance for Doubtful Accounts Bonds Payable Bond Sinking Fund Buildings Cash Cash Surrender Value of Life Insurance Common Stock Construction in Process Copyrights Debt Investments Dividends Payable Discount on Bonds Payable Equipment Equity Investments Finished Goods Inventory Franchises Goodwill Income Tax Payable Income Tax Receivable Interest Payable Interest Receivable Inventory Investments in Common Stock Investments in Stocks and Bonds Land Notes Payable Notes Receivable Noncontrolling Interest Paid-in Capital in Excess of Par - Common Stock Paid-in Capital in Excess of Par - Preferred Stock Patents Payroll Tax Expense Payroll Taxes Payable Pension Asset/Liability Pension Obligation Plant Assets Premium on Bonds Payable Preferred Stock Prepaid Advertising Prepaid Insurance Prepaid Expenses Prepaid Rent Raw Materials Rent Payable Restricted Cash Retained Earnings Salaries and Wages Payable Supplies Timberland Treasury Stock Trademarks Unearned Service Revenue Unearned Rent Revenue Unearned Subscriptions Revenue Work-in-Process

Problem 119 Given the following account information for Leong Corporation. Equipment 58,200 Interest Expense 2,680 Interest Payable 550 Retained Earnings 41,580 Dividends 137,320 Land Accounts Receivable 104,170 Bonds Payable 76,450 Notes Payable (due in 6 months 28,830 Common Stock 66,260 Accumulated Depreciation Equip 11,830 Prepaid Advertising 5,020 Service Revenue 337,500 79,760 Buildings Supplies 1,710 2,910 Income Taxes Payable Utilities Expense 1,400 Advertising Expense 1,530 Salaries and Wages Expense 53,220 Salaries and Wages Payable 940 Accumulated Depr Bld. 15,390 Cash 45,600 Depreciation Expense 8,470