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income statement, statement of R/E, and balance sheet.. What exactly is incomplete about the question? 3 Sales Revenue 4 COGS 5 Gross Margin 6 Operating
income statement, statement of R/E, and balance sheet.. What exactly is incomplete about the question?
3 Sales Revenue 4 COGS 5 Gross Margin 6 Operating Expenses Depreciation expense Insurance expense Salaries expense Utilities expense Total Operating expenses 12 Other Expenses interest expense 14. Income before income taxes 15 Income tax expense 16 Net income Pets' Choice Statement of RE, as of 3/31/2018 21 RE, 1/1/2018 22 Net income 23 Cash dividend 24 RE, 3/31/2018 Pets' Choice Balance Sheet, as on 3/31/2018 28 Current Assets 29 Cash 30 A/R 31 Inventory 32 Prepaid Insurance 33 Total current assets 34 NonCurrent Assets 35 Land 36 Building 40 Total Assets 42 Current liabilities 43 AP 44 Salaries Payable 45 Interest payable 46 Utilities Payable 47 Income taxes payable 48 NonCurrent Liabilities 49 Notes Payable 51 Retained Earnings 52 Common Stock 53 Additional Paid-in 55 Total Liabilities and Stockholders' Equity 500,000 5000 0 Building Accumulated Depreciation Interest payable Income tax payable Salaries Payable 12500 9600 7,200 1700 1,000,000 200,000 1,350,000 562,000 Notes Payable Common Stock Additional Paid-in Sales Revenue COGS Income tax expense Insurance expense Depreciation expense Inerest expense Salaries expense Utilities expense Cash dividend Total 170000 9600 525 5,000 12,500 33300 5450 60000 3,148,000 3,148,000 3 Sales Revenue 4 COGS 5 Gross Margin 6 Operating Expenses Depreciation expense Insurance expense Salaries expense Utilities expense Total Operating expenses 12 Other Expenses interest expense 14. Income before income taxes 15 Income tax expense 16 Net income Pets' Choice Statement of RE, as of 3/31/2018 21 RE, 1/1/2018 22 Net income 23 Cash dividend 24 RE, 3/31/2018 Pets' Choice Balance Sheet, as on 3/31/2018 28 Current Assets 29 Cash 30 A/R 31 Inventory 32 Prepaid Insurance 33 Total current assets 34 NonCurrent Assets 35 Land 36 Building 40 Total Assets 42 Current liabilities 43 AP 44 Salaries Payable 45 Interest payable 46 Utilities Payable 47 Income taxes payable 48 NonCurrent Liabilities 49 Notes Payable 51 Retained Earnings 52 Common Stock 53 Additional Paid-in 55 Total Liabilities and Stockholders' Equity 500,000 5000 0 Building Accumulated Depreciation Interest payable Income tax payable Salaries Payable 12500 9600 7,200 1700 1,000,000 200,000 1,350,000 562,000 Notes Payable Common Stock Additional Paid-in Sales Revenue COGS Income tax expense Insurance expense Depreciation expense Inerest expense Salaries expense Utilities expense Cash dividend Total 170000 9600 525 5,000 12,500 33300 5450 60000 3,148,000 3,148,000
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