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Please prepare a classified ballance sheet for berkley wholesalers as of December 31, 2016. All accounts have normal balances. Also please prepare a multi-step income

Please prepare a classified ballance sheet for berkley wholesalers as of December 31, 2016. All accounts have normal balances.

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Also please prepare a multi-step income statement for year end december 31, 2016 (please use seperate information below) all accounts have normal balances

image text in transcribed

$46,000 Inventory.. $117,000 67,000 Mortgage payable (long term) . . ..79,000 1,000 113,000 Retained earnings payable . 7,000

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