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Name: Instructions: Write as legibly as possible- I can't grade what I can't read Show all work- so that I can aware partial credit
Name: Instructions: Write as legibly as possible- I can't grade what I can't read Show all work- so that I can aware partial credit if necessary Point totals are shown for each question Use the following financial statement data to answer the questions on this exam: Accounts payable Accounts receivable Cash and securities Depreciation Interest Expense Inventories Long-term bonds . Plant and equipment . Notes payable Operating Expenses Sales Revenue Tax rate 1. Construct the Balance Sheet by willing in the following table: (1 point per cell- 10 points total) Assets Liabilities Total Assets Given 2. Construct the Income Statement: (1 point per cell- 8 points total) Net Income Given
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