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answer all req for a like please. 0 Required information [The following information applies to the questions displayed below.) The following data is provided for
answer all req for a like please.
0 Required information [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 14,300 17,600 7,600 28,000 19,400 20,000 25,300 6,500 13,350 8,500 26,500 1,550 6,620 43,000 53,600 214,530 29,000 252,500 13, 400 Pepper Company $ 17,950 20,550 11,100 22,150 44,600 13,300 16,400 9,600 13,250 4,800 49,500 9,760 2,150 53,000 56,200 305,010 20,200 172,825 23,200 Required: 1. Prepare income statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company, Complete this question by entering your answers in the tabs below. Reg 1 Garcon Reg 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Garcon Company, GARCON COMPANY Income Statement For Year Ended December 31, 2019 Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company. 3 inces GARCON COMPANY Income Statement For Yoar Ended December 31, 2019 Operating expenses Income (loss) before tax $ 0 Re Garcon Req 1 Pepper > Step by Step Solution
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