INSTRUCCIONES: 1. PREPARAR INCOME STATEMENT EN FORMATO SIMPLE PARA LA COMPAA 'TENGO XITO"

2. PREPARAR UN BALANCE SHEET CORPORATIVO EN FORMATO MLTIPLE

3. PREPARAR LOS ASIENTOS DE CIERRE EN UN JORNAL

RETAINED EARNINGS 25,000

CASH 150,000

COST OF GOODS SOLD 645,000

CONTRIBUTIONS TAX EXPENSE 15,000

MARKETABLE SECURITIES INVESTMENTS 10,000

EQUIPMENT 175,000

COMMON STOCK 110,000

SALES 1,500,000

DEPRECIATION EXPENSE 15,000

ACCOUNTS RECEIVABLE 15,000

ACCOUNTS PAYABLE 35,000

PAID IN CAPITAL IN EXCESS OF PAR 40,000

SELLING AND ADMINISTRATIVE EXPENSE 25,000

NVENTORY 30,000

ACCUMULATED DEPRECIATION 50,000

BONDS PAYABLE (LONG TERM) 50,000

INTEREST EXPENSE 5,000

NOTES PAYABLE (long term) 15,000

NOTES PAYABLE 5,000

LAND 745,000