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Complete the following Financial Statements: (1) Income Statement, (2) Statement of Stockholders Equity, (3) Balance Sheet. Accounts Payable 12,000 Inventory 25,000 8,000 Land 50,000 Accounts

Complete the following Financial Statements: (1) Income Statement, (2) Statement of Stockholders Equity, (3) Balance Sheet.

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Accounts Payable 12,000 Inventory 25,000 8,000 Land 50,000 Accounts Receivable 134,000 Notes Payable 150,000 Bunds Pavable Buildings 225,000 22,000 15,000 6,000 1,000 Cash Common Stock Cost of Goods Sold Depreciation Expense Dividends Nules Receivable Rent Expense Rent Payable Retained E aminas Salaries Expense Salaries Payable Sales Discounts 20,000 75,000 4,000 80,000 120,000 05,000 4,000 Equipment 80,000 10,000 Insurance Expense 15,000 250,000 Sales Revenues Interest Expense 11,000 20,000 AD

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