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Constructing Financial Statements from Account Data Barth Company reports the following year-end account balances at December 31, 2011. Prepare the 2011 income statement and

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Constructing Financial Statements from Account Data Barth Company reports the following year-end account balances at December 31, 2011. Prepare the 2011 income statement and the balance sheet as of December 31, 2011. Accounts payable Accounts receivable $24,000 45.000 Bonds payable, long term 300.000 Buldings Cash Common stock Inventory $54.000 Land 120.000 Goodwil 12.000 226,500 Retained earnings 90.000 Cost of goods sold Equipment 32,000) Sales revenue 600.000 225.000 Supplies inventory 4500 270,000 Supplies experise 000 105.000 Wages expense 60.000 Expenses Barth Company Income Statement Year Ended December 31, 2011 Total Net income B

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