Constructing Financial Statements from Transaction Data Baiman Corporation commences operations at the beginning of January. It provides its services on credit and bills its customers 565,000 for January sales. Its employees also earn January wages of $24,000 that are not paid until the first of February. Complete the following statements for the month-end of January Do not use negative signs with answers, unless to indicate a net loss Baiman Corporation Income Statement For the month ended January 31 Sales 0 Wages expense 0 Net income doss) S 0 Baiman Corporation Balance Sheet January 31 $ Accounts recewable Totalasses 5 Wages payable 5 Retained and Total ties and equity 5 0 O 0 Wuustion Not complete Marked out of 9.00 Flag question Constructing Financial Statements from Transaction Data Baiman Corporation commences operations at the beginning of January. It provides its secs on cre January wages of $24,000 that are not paid until the first of February. Complete the following stateme Do not use negative signs with answers, unless to indicate a net loss. Baiman Corporation Income Statement For the month ended January 31 Sales $ Wages expense 0 Net income (loss) $ 0 0 Baiman Corporation Balance Sheet January 31 $ Cash Accounts receivable S Total assets Wages payable Retained earnings Tota liabilites and equity O O O O O Check