PepsiCo produces snack foods such as Fritos and Lay's potato chips, as well as beverages such as

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PepsiCo produces snack foods such as Fritos and Lay's potato chips, as well as beverages such as Pepsi and Mug Root Beer. The company had the following condensed trial balance as of September 3, 2011, for the nine months ended September 3, 2011 ($ in millions):

PepsiCo produces snack foods such as Fritos and Lay€™s potato

1. Prepare PepsiCo's income statement for the nine months ended September 3, 2011.
2. Prepare PepsiCo's balance sheet  as of September 3,2011.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For  book-img-for-question

Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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