lexander the Great-k. / Homework #9 Accountr 1MDIOODlyODVa/a/MTQ3Mzg2Mz12MzNa/details Homework 9 exercise 17-3 PREPARING FINANCIAL STATEMENTS As the accountant for Wheatley International, it is your job to prepare the company's income statement and balance sheet. Use the accounts listed below to construct the statements. Assume that the tax rate is 25%. List of Accounts for Wheatley International Accounts Receivable S 120,600 1,500,000 61,200 54,000 Notes Receivable Insurance Expenses Accounts Payable Interest Expenses Common Seock Deprociation Net Sales Ending Inventory Notes Payable (LongTerm)210,000 Beginning Inventory Retained Earnings Advertising Expense Cash Salaries Short-Term Notes Puyable Merchandise Purchased (for Inventory) 316,800 Buildings ,896,000 400,000 1,053,000 126,600 154.800 1,459,800 180,000 15,600 1,050,000 13,800 8,400 1,066,000 90,000 Equipment&Vehicles Bonds Payable