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income statements and balance sheets for garcon co and pepper co. Check my work Required information The following information applies to the questions displayed below.)
income statements and balance sheets for garcon co and pepper co.
Check my work Required information The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 12,600 15,500 7,300 32,250 23,800 21,200 25,300 7,800 12,000 9,700 24,000 2,250 6,260 46,500 64,400 219,030 29,000 277,500 15,400 Pepper Company $ 19,600 20,700 11,700 24,250 42,600 -14, 400 20,600 8,800 15, 750 3,700 52,000 9,940 3,650 67,500 54,700 340,010 24,700 139, 825 23,950 Required: 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. CP 5 !!! pure lume Statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Reg 2 Garcon Req 2 Pepper Reg 1 Garcon Prepare the income statement for Garcon Company. GARCON COMPANY . Income Statement For Year Ended December 31, 2019 Operating expenses Income (loss) before tax Reg1 Garcon Req 1 Pepper > - Next > le balance sheet for each company. Complete this question by entering your answers in the tabs below. oped Req 1 Garcon Req Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Pepper Company. Dok int PEPPER COMPANY Income Statement For Year Ended December 31, 2019 ences Operating expenses Income (loss) before tax t 2 of 3 puie come blatements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. kipped Reg 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company. eBook Hint GARCON COMPANY Partial Balance Sheet As of December 31, 2019 Print Ferences Inventories: Total current assets Company Une balance sheet for each company. Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2[Pepper Prepare the current asset section of the balance sheet for Pepper Company. PEPPER COMPANY Partial Balance Sheet As of December 31, 2019 Inventories: Total current assets Step by Step Solution
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