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Carlton Candy Co.reported the following figures from its adjusted trial balance for the year ended December 31, 2017: Accrued Liabilities Administrative Expenses Equipment, net Accrued
Carlton Candy Co.reported the following figures from its adjusted trial balance for the year ended December 31, 2017: Accrued Liabilities Administrative Expenses Equipment, net Accrued Liabilities Selling Expenses Accounts Receivable Merchandise Inventory 2,000 3,100 8,500 2,000 1,300 3,400 1,200 4,100 Cash Carlton, Capital Notes Payable, long term Cost of Goods Sol Sales Revenue, net Accounts Payable Interest Expense 400 18,800 30,300 4,900 20 REQUIREMENTS 1. Prepare an income statement. 2. Prepare a balance sheet (Ending Capital is $ 9,900)
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