Create a income statement.

Create a classified balance sheet.

Calculate current ratio & debt to assets ratio

en ork These financial statement items are for Marigold Corp. at year-end, July 31, 2017 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2020) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year)36,000 $ 3,480 59,100 17.500 19,900 4,100 67,700 10,400 3,700 16,000 31,200 11.680 8,000 4.000 6,000 Level Study Prepare an income statement for the year. Marigold Corp. did not issue any new stock during the year ld