Finn Corporation Finn Corporation produces inflatable rafts for recreational use. The company has heard about lean accounting, and is anxious to find out more about the system, to determine whether it will help streamline their operations and cut costs. The company has hired you as a consultant to help them implement their lean accounting program, and also to assist with recreating some data lost in a recent computer mishap. Chart of Accounts I CHART OF ACCOUNTS Finn Corporation General Ledger ASSETS REVENUE 110 Cash 410 Sales 112 Accounts Receivable 117 Office Supplies EXPENSES 118 Prepaid Insurance 510 Cost of Goods Sold 150 Raw and In Process Inventory 511 Conversion Costs 151 Finished Goods Inventory 521 Advertising Expense 180 Land 522 Depreciation Expense-Store Equipment 190 Equipment 530 Salaries Expense 191 Accumulated Depreciation-Equipment 531 Rent Expense 192 Store Equipment 532 Depreciation Expense-Office Equipment 193 Accumulated Depreciation-Store Equipment 533 Insurance Expense 194 Office Equipment 534 Office Supplies Expense 195 Accumulated Depreciation-Office Equipment 539 Miscellaneous Expense 710 Interest Expense LIABILITIES