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make up own numbers b. Second year ending balance sheet 1. The Balance Sheet must have at least the following asset accounts and may have

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b. Second year ending balance sheet 1. The Balance Sheet must have at least the following asset accounts and may have others as needed 1. Cash 2. Accounts Receivable 3. Supplies 4. A Prepaid Asset 5. Equipment and accumulated depreciation 6. Building and accumulated depreciation ii. The Balance Sheet must have at least the following three Liability Accounts and may have more as needed. 1. Accounts Payable 2. Salary Payable 4. A Prepaid Asset 5. Equipment and accumulated depreciation 6. Building and accumulated depreciation il. The Balance Sheet must have at least the following three Liability Accounts and may have more as needed. 1. Accounts Payable 2. Salary Payable 3. Unearned Revenue 4. Moltgage 5. Notes Payable it. The Balance Sheet must have at least the following two Stockholders Equity Accounts and may have others as needed. 1. Common Stock 2. Retained Earnings

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