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Create and Post a P & L Statement using the following info: Barclay's Bagels Year Ending December 31, 2021 Cost of Goods Sold: $125,000 Gross

Create and Post a P & L Statement using the following info:

Barclay's Bagels

Year Ending December 31, 2021

Cost of Goods Sold: $125,000

Gross Sales : $450,000

Rental Expense: $48,000

Employee Wages: $150,000

Utilities Expense: $10,000

Insurance: $5,000

Misc. Costs: $2,500

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