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please provide income statement smaller stores. Assume the following transactions occurred during its first six months of operations. January 1 Sold merchandise to Walgreens for

please provide income statement
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smaller stores. Assume the following transactions occurred during its first six months of operations. January 1 Sold merchandise to Walgreens for $27,000; the cost of these goods to GI was $18,300. February 12 Received payment in full from walgreens. March 1 Sold merchandise to Bravis Pharmaco on account for $3,700; the cost of these goods to GI was April 1 sold merchandise to Tony's Pharmacy on account for $8,700. The cost to GI was $4,750. May 1 Sold merchandise to Anjuli stores on account for $2,700; the cost to GI was $1,550. June 17 Received $6,850 on account from Tony's Pharmacy. Required: 1. Complete the following aged listing of customer accounts at June 30 . 2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: on percent; two months, 6 percent; three months, 20 percent; more than three months, 35 percent. 3-a. Show how GI would report its accounts receivable on its June 30 balance sheet. 3-b. What amounts would be reported on an income statement prepared for the six-month period ended June 30 ? Complete this question by entering your answers in the tabs below. What amounts would be reported on an income statement prepared for the six-month period ended June 30 ? Griswold's, Incorporated (G), began operations in January, selling inexpensive sunglasses to large retailers like Walgreens a smaller stores. Assume the following transactions occurred during its first six months of operations. January 1 sold merchandise to Walgreens for $27,000; the cost of these goods to Gi was $18,300. Pobruary 12 Received paywent in full from Walgreens. March 1 sold merchandise to Bravis pharmaco on account for $3,700, the cost of these goods to GI was $1,750 April 1 sold merchandise to Tony's Pharmacy on account for $8,700. The cost to GI was $4,750. May 1 sold merchandise to Anjuli stores on account for $2,700; the cost to GI was $1,550. June 17 Received $6,850 on account from Tony's Pharmacy. Required: 1. Complete the following aged listing of customer accounts at June 30 . 2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month. percent; two months, 6 percent; three months, 20 percent; more than three months, 35 percent. 3.a. Show how Gl would report its accounts receivable on its June 30 balance sheet. 3-b. What pmounts would be reported on an income statement prepared for the six-month period ended June 30 ? Complete this question by entering your answers in the tabs below. Complete the following aged listing of customer accounts at June 30 . January 1 Sold merchandise to Halgreens for $27,000; the cost of these goods to Gr vas $18,300. February 12 Received payment in full from Walgreens. March 1 Sold merchandise to Bravis Pharmaco on account for $3,700; the cost of these goods to Gr vas $1,750. April 1 Sold merchandise to Tony's Pharmacy on account for $8,700. The cost to GI was $4,750. May 1 sold merchandise to Anjull stores on account for $2,700; the cost to GI was $1,550. June 17 Received $6,850 on account from Tony's Pharmacy. Required: 1. Complete the following aged listing of customer accounts at June 30 . 2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month, 2 percent; two months, 6 percent; three months, 20 percent; more than three months, 35 percent. 3-a. Show how GI would report its accounts receivable on its June 30 balance sheet. 3-b. What amounts would be reported on an income statement prepared for the six-month period ended June 30 ? Complete this question by entering your answers in the tabs below. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month, 2 percent; two months, 6 percent; three months, 20 percent; more than three months, 35 percent. January 1 Sold merchandise to Walgreens for $27,000; the cost of these goods to GI was $18,300. February 12 Received payment in ful1 from Walgreens. March 1 Sold merchandise to Bravis Pharmaco on account for $3,700; the cost of these goods to GI April 1 Sold merchandise to Tony's Pharmacy on account for $8,700. The cost to GI was $4,750. May 1 sold merchandise to Anjuli stores on account for $2,700; the cost to GI was $1,550. June 17 Received $6,850 on account from Tony's Pharmacy. Required: 1. Complete the following aged listing of customer accounts at June 30 . 2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates percent two months, 6 percent; three months, 20 percent; more than three months, 35 percent. 3-a. Show how GI would report its accounts receivable on its June 30 balance sheet. 3-b. What amounts would be reported on an income statement prepared for the six-month period ended June 30 Complete this question by entering your answers in the tabs below. Show how GI would report its accounts receivable on its June 30 balance sheet. smaller stores Assurated (Gegan operations in January, selling inexpensive sunglasses to large retallers like Walgreens and oth smaller stores. Assume the following transactions occurred during its first six months of operations. January 1 sold merohandise to walgreena for $27,000; the cost of these goode to ar was $18,300. February 12 Received payment in full from Walgreens. Karch 1 sold merchandise to Bravis Pharmaco on account for $3,700; the cost of these goods to or was $1,750. April 1 sold marchandise to Tony's Pharmacy on account for $8,700. The cont to GI was $4,750. Kay 1 sold chandise to Anjuli Stores on account for $2,700; the cost to Gr was $1,550. June 17 Recelved $6,850 on account from Tony' $ pharmacy. Required: 1. Complete the following aged listing of customer accounts at June 30 . 2. Estimate the Allowance for Doubtful Accounts required at June 30 assuming the following uncollectible rates: one month, 2 percent; two months, 6 percent; three months, 20 percent; more than three months, 35 percent. 3-a. Show how Gl would report its accounts receivable on its June 30 balance sheet. 3-b. What amounts would be reported on an income statement prepared for the six-month period ended June 30 ? Complete this question by entering your answers in the tabs below. What amounts would be reported on an Income statement prepared for the six-month period ended lune 30

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