Note: there are multiple 1-5

Etc...

Performance Plastics Company (PPC) has been operating for three years. The beginning account balances are Cash Accounts Receivable Inventory Supplies Notes Receivable (due in three years) Equipment Buildings Land $38,750 6,456 52,500 6,850 2,950 119,500 201,000 47,750 53,000 118, 500 150,000 154, 258 9 Accounts Payable Notes Payable (due in three years) Common Stock Retained Earnings During the year, the company had the following summarized activities