Homework: HW1 Financial Statements Save Score: 0 of 10 pts 3 of 5 (0 complete) HW Score: 0%, 0 of 30 pts P3-13 (algorithmic) Question Help (Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from the scrambled list of items found here: a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT c. What can you say about the firm's financial condition based on these financial statements? TNT Inc. Income Statement s Gross Profit $ s Net Operating Income $ Choose from any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer 3 parts remaining 65 & ITING HW SC -3-13 (algorithmic) Data Table Reviewing financial statements) d here: a. Prepare an income statement for b. Prepare a balance sheet for TNT c. What can you say about the firm' TNT Inc. Income Statement Depreciation expense Cash Long-term debt Sales Accounts payable General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory $98,700 e 338,000 501,200 860,400 153,400 118,100 1,342,600 112.900 251,275 7,035 11.940 433,500 446,500 149,485 Gross Profit Net Operating Income Choose from any list or enter any Print Done 3 parts remaining Check A. w Homework: HW1 Finahcial Statements Fini 3 of 5 (0 complete) HW Scor Score: 0 of 10 pts enu P3-13 (algorithmic) 0 Data Table nents d here: !! (Reviewing financial statements) ework Quiz/Test a. Prepare an income statement for b. Prepare a balance sheet for TNT c. What can you say about the firm TNT Inc. Income Statement General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory Taxes Accumulated depreciation Taxes payable Retained earnings 118,100 1,342,600 112,900 251,275 7,035 11,940 433,500 446,500 149,485 75,550 394,500 22.700 451,220 Gross Profit Net Operating Income Choose from any list or enter any Print Done 3 parts Check A remaining w