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won Problem 3 Addington Company paid or collected during 2014 the following items: Insurance premiums...

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Accounting

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won Problem 3 Addington Company paid or collected during 2014 the following items: Insurance premiums paid Interest collected Salaries paid Cash collected from customers $ 15,400 30,900 135,200 180,000 The following balances have been excerpted from Addington's balance sheets: December 31, 2014 December 31, 2013 Accounts receivable $35,000 $25,000 Prepaid insurance 1.200 1,500 Interest receivable 3,700 2,900 Salaries payable 12,300 10,600 Unearned revenue 5.000 -0- What would be the accrual basis balances on the 2014 income statement for the following accounts? Insurance expense Interest revenue Salary expense Revenue

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