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Yurka's Consulting, Inc.
Balance Sheet
March 31, 2007

ASSETS
Current Assets:
Cash 32778
Accounts Receivable 12940
Office Supplies 140
Prepaid Rent 320
Prepaid Insurance 3300
Total Current Assets 52,358

Long-Term Assets:
Security Deposit 2400
Office Equipment 5670
Less: Accumulated Depreciation-- Office Equipment 95

Total Long-Term Assets 8,165

Total Assets 60,523

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Accounts Payable 4500
Salaries Payable 1325
Commissions Payable 900
Unearned Consulting Fees 3500
Income Taxes Payable
Total Liabilities
Stockholders' Equity:
Capital Stock 5000 Retained Earnings 2832
Total Stockholders' Equity 52,832

Total Liabilities and Stockholders' Equity 52,832

The train that left San Francisco will have a head-on crash with the train that left Chicago somewhere around Denver destroying your homework in the collision.

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