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BUSINESs 1110 FUNDAMENTALS OF BUSINESS IN CANADA ACCOUNTING ASSIGNMENT-MANUFACTURING Using the following information prepare a Balance Sheet and Income Statement for this firm for the
BUSINESs 1110 FUNDAMENTALS OF BUSINESS IN CANADA ACCOUNTING ASSIGNMENT-MANUFACTURING Using the following information prepare a Balance Sheet and Income Statement for this firm for the year ending Dec 31, 2017 Sales Cash and cash equivalents Research and Development Operating Income Accounts payable Shareholders equity Intangible assets Long term debt, current Accounts Receivable, net Deficit Bank loan Share capital Cost of Sales Capital Lease obligations Bank Charges and Interest Deferred revenue Goodwill Capital leases, current Inentories Wages and benefits 9,220,018 1,693,069 787,309 (37,439) 1,648,841 8,924,722 190,320 33,325 2,698,061 (915,207) 383,332 378,522 4,455,250 71,656 91,537 71,228 3,072,173 55,435 1,904,872 2,095,609 190,114 53,376 844,706 871,683 229,686 753,360 21,814 Future income taxes (asset) Prepaid expenses Office and administration Equipment and leaseholds Amortization Sales and marketing Current Portion of LT Debt
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