EXERCISE 3-17 (30 MINUTES)

1. and 2.

Cash Accounts Receivable

Bal. 63,000 785,000 (m) Bal. 102,000 850,000 (l)

(l) 850,000 (k) 925,000

Bal. 128,000 Bal. 177,000

Raw Materials Prepaid Insurance

Bal. 30,000 200,000 (b) Bal. 9,000 7,000 (g)

(a) 185,000 Bal. 2,000

Bal. 15,000

Videos in Process Finished Goods

Bal. 45,000 550,000 (j) Bal. 81,000 600,000 (k)

(b) 170,000 (j) 550,000

(f) 82,000 Bal. 31,000

(i) 290,000

Bal. 37,000

Studio and Equipment Accumulated Depreciation

Bal. 730,000 210,000 Bal.