Prepare a income statement and Balance Sheet using attached trial balnace.

Your Company Trial Balance 12/31/2014 Balance

Account Name Accounts Payable Accounts Receivable Accrued Expenses Accumulated Depr. Equipment Building Capital Stock Cash Cost of Goods Sold Equipment Income Tax Payable Land Long Term Debt Long Term Investments Marketing Expenses Merchandise Inventory prePaid Expenses Rent Expenses Research & Development Expense Retained Earnings Salary Expenses Sales Sales Expenses Travel Expenses Your Company Trial Balance 12/31/2014 Balance 5,000 100,000 50.000 10,000 50,000 50,000 100,000 8,000 3,000 1,500 2,000 5,000 5,000 392,500 $ cr 3,000 15,000 5.000 250,000 1,000 75,000 18,500 25,000 392.500