Question
construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.construct the balance sheet and income statement for
construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.
Accounts Receivable $40,000
Depreciation Expense $50,000
Accumulated Depreciation $200,000
Cost of Goods Sold $50,000
Income Tax Expense $50,000
Cash $50,000
Sales Revenue $400,000
Equipment (Before Accumulated Depreciation) $400,000
Selling, General, and Administrative Expenses $100,000
Common Stock (1,000 shares) $100,000
Accounts Payable $50,000
Retained Earnings $100,000
Interest Expense $50,000
Inventory $10,000
Long-term Debt $50,000
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