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Please Make An Income Statement And Balance Sheet with this material: Thanks! 1.Accounts payable 318,825 2.Accounts receivable 819,000 3.Accumulated depreciation 438,750 4.Advertising expense 63,180 5.Allowance

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Please Make An Income Statement And Balance Sheet with this material: Thanks!

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1.Accounts payable 318,825 2.Accounts receivable 819,000 3.Accumulated depreciation 438,750 4.Advertising expense 63,180 5.Allowance for doubtful accounts 61,952 6. Bad debt expense 40,950 7Capital gains 12,870 8Capital stock (common) 1,053,000 9Cash 396,864 10Charitable contributions 31,590 11Compensation expense 1,649,700 12Cost of goods sold 905,580 13Depreciation expense 29,250 14Dividends (paid) 93,600 15Dividends (received) 14,040 16Entertainment expense 2,223 17Equipment 877,50018Federal income tax expense 293,436 19Gain from disposition of fixed assets 1,931 20Interest expense 72,540 21Interest income 17,550 22Inventory 1,989,000 23Investments in state & local bonds 163,800 24Investments in stock 321,750 25Investment in U.S. government bonds 81,900 26Land 3,217,500 27Maintenance expense 29,250 28Meals expense 3,920 29Miscellaneous expense 47,970 30Mortgage payable 1,799,811310ther assets 323,154 320ther current liabilities 146,250 330ther liabilities 207,090 340ther taxes expense 76,050 35Pension plans expense 49,140 36Professional services expense 37,440 37Property tax expense 52,650 38Retained earnings (1/1/2019) 3,708,900 39Sales 4,012,223 40Sales returns & allowance 44,460 41State income tax expense 70,200 42Supplies expense 9,594 $11,793,191 $11,793,191 0

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