Create a balance sheet and income statement using the followinginformation: WIth proper financial statement formatting
Any missing information, please fill in.
Total Shareholder Equity
Long Term Debt: 3,650,000
Inventories: 350,000
Income Taxes: 85,000
Total Non-Operating Expenses, Net
Common stock: 100,000
Total Assets
Retained Earnings: 3,000,000
Cost of Goods Sold: 2,000,000
Interest Income: 20,000
Accounts Receivable: 1,500,000
General and Administrative Costs: 1,000,000
Accruals: 800,000
Preferred Stock
Net Earnings
Goodwill & Other Intangibles: 1,800,000
Net Revenue: 4,500,000
Earnings Before Income Taxes
Total Liabilities
Interest Expense: 90,000
Cash: 5,000,000
Total Operating Expenses
Treasuring stock: (3,500,000)
Total Liabilities and Shareholder's Equity
Depreciation and Amortization: 100,000
Net, Property, Plant, and Equipment: 300,000
Operating Profit
Additional Paid-in Capital: 2,000,000
Marketing and Advertising: 1,000,000
Prepaid Expenses: 310,000
Total Current Liabilities
Gross Profit Â
Accounts Payable: 300,000
total current assets Â
