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HELP ASAP Please put your income statement here: D 1 Prepare a basic income statement and balance sheet in good form. 2 A+ Incorporated 3

HELP ASAP image text in transcribed
Please put your income statement here: D 1 Prepare a basic income statement and balance sheet in good form. 2 A+ Incorporated 3 Trial Balance EYE 12/31/2019 4 5 Cash 50.000 6 Accounts Receivable 60,000 7 Inventory 100,000 8 Prepaid Insurance 10.000 9 Land 100,000 10 Building 250,000 11 Equipment 120,000 12 Accumulated Depreciation 100,000 13 Accounts Payable 80,000 14 Payroll Taxes Payable 20,000 15 Sales Tax Payable 10,000 16 Notes Payable due in 6 years 120,000 17 Common Stock 100,000 18 Retained Earnings 130,000 19 Sales 650,000 20 Sales Discounts 20,000 21 Cost of Goods Sold 200,000 22 Salaries & Wages 100,000 23 Payroll Tax Expense 110,000 24 Advertising 70,000 25 Interest Expense 20,000 26 1,210,000 1,210,000 27 Please put your balance sheet here

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