Produce an outline Income Statement and Balance Sheet according to the following accounts

Assets

cash

A/R- South Pole Shop

A/R- Accessory Shop

A/R- Discount Etc.

allowance for doubtful accounts

prepaid rent

prepaid insurance

merchandise inventory

equipment

accum Depr- Equipment

fixtures

accum Depr- Fixtures

Liabilities

A/P- Indepednent Sales

A/P- North County line

A/P- Simba accessories

wages payable

notes payable

unearned sales

Capital

beth Johnson, Capital

beth Johnson, Drawing

Revenue

sales

Expenses

cost of merchandise sold

salaries expense

rent expense

insurance expense

advertising expense

bad debt expense

utilities expense

depreciation expense