Apple Blossom Cologne Company D-1

Prepaid Insurance and Insurance Expense 1-23-04

12-31-03 JWP

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Amount Begin Premium Ending
Policy of Term of coverage Balance Paid Insurance Balance
Insurer Number Type of Coverag Coverage From To 12-31-01 2,003 Expense 12-31-02
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Southwestern Fire 4628-41-8001 CE Fire and extended 1,500,000 7-1-01 7-1-03 4390 N -0- 4390 R 0R
and Casualty coverage - plant,
building, and contents.
CE 4628-41-8001 Fire and extended 2,500,000 7-1-01 7-1-03 -0- 31250 CY 7813 R 23437 R
coverage - plant,
building, and contents.

Old Line Insurance AB6048R2 C Truck Liability 500,000 3-31-01 3-31-02 1229 N -0- 1229 R -0- R
Group AB6048R3 CE Truck Liability 500,000 3-31-02 3-31-03 -0- N 4815 CY 3611 R 1204 R

Illinois State Mutual 60-218049 Insurance on automobile

fleet:
CE Liability 50K-100K-10K 10-1-01 10-1-04 10327 N -0- 5901 R 4426 R
CE Collision $100 DED. 10-1-01 10-1-04 7622 N -0- 4355 R 3267 R

CE Comprehensive $100 DED. 10-1-01 10-1-04 4426 N -0- 2529 R 1897 R

American Fidelity and KH6034 Fidelity bonds on 200,000 6/30/2002 6/30/2005 7342 N -0- 2937 R 4405
Casualty KH8034 employees

35336 36065 32765 38636

N Agreed to prior year audit working papers. Audit adjustments: (TB-IS) (TB-BS)
E Examined insurance policy noting coverage, term, and premium. None -0- -0-
All policies were in company safe. Balance per audit 32765 38636
C Details confirmed by insurance agency. Reference working paper (D-2).
Y Examined approved cash voucher and vendor invoice.
R Recalculated.