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Can you please create me an income statement and balance sheet as the example below. Thank you Think about a business, movie, story, etc. that

Can you please create me an income statement and balance sheet as the example below. Thank you

Think about a business, movie, story, etc. that interests you and put together an Income Statement and Balance sheet for that entity. As an example I used The Three Bears from Goldilocks and .. Since we do not know what business the Bears were in, I'm going with Salmon Farming. If you remember the story, Goldilocks breaks into the bears' home, eats porridge, breaks the chair and sleeps in the beds.

The Three Bears, Inc. Income Statement Year Ended June 30, 2018

Revenues:

Salmon Sales

$ xx, xxx

Expenses:

Porridge expense

xxx

Depreciation Expense--Chairs

xxx

Depreciation Expense--Beds

xxx
Rating expense (too big, too small, just right) xxx

Net Income

$x,xxx

The Three Bears, Inc. Balance Sheet June 30, 2018

Assets

Porridge Supplies

xx, xxx

Equipment--Chairs

Equipment--Beds

Less: Accumulated Depreciation

xx,xxx

xx,xxx

(x,xxx)

Total Assets

$xx, xxx

Liabilities

Liability for broken furniture, lost porridge

xx, xxx

Mortgage payable on Cottage

xx, xxx

Equity

Bear Family Equity

xx, xxx

Total Liabilities & Equity

$xx, xxx

Posts should include at least one revenue, and 2 each of expenses, assets, and liabilities. Dont worry about dates and amounts unless they are relevant to your entity.

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