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prepare an income statement and classified balance sheet 10 517 5 916 7 888 438 2629 Accounts payable Accounts receivable Accumulated depreciation - Equip. Allowance

image text in transcribed prepare an income statement and classified balance sheet

10 517 5 916 7 888 438 2629 Accounts payable Accounts receivable Accumulated depreciation - Equip. Allowance for doubtful accounts Bad debt expense Bonds payable (due in 10 years) Capital stock Cash Cost of goods sold Depreciation expense Dividends 26 292 6 573 7230 17 309 3 506 3 067 26 292 2 191 19 719 14 680 Equipment Income tax expense Inventory Marketable securities Note payable (due in 5 years) Retained earnings, Jan 1, 2020 Salaries expense Sales Unearned revenue 10 955 5368 6354 40 314 548 108 893 108 893

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