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Required: Using the TRUE VALUE Template in the Revenue and Expenses columns, complete the income statement from the account balances from the table: Jumbled Trial
Required: Using the TRUE VALUE Template in the Revenue and Expenses columns, complete the income statement from the account balances from the table: Jumbled Trial Balance Account name Debit (000) Credit (000) Accumulated depreciation $ 3,000 Allowance for bad debt $ 5,000 Bad debt expense $ 4,000 Benefits expense $ 1,000 Cost of goods sold $ 55,000 Depreciation expense $ 7,000 Dividend revenue $ IS 2,000 Dividends declared $ 13,000 s decided Insurance expense $ 9,000 Interest revenue $ 6.000 Payroll expense $ 31,000 - CAPTISE Prepaid insurance expense $ 17,000 Rent expense $ 12,000 Royalty revenue IS 18,000 Sales revenue $ 185,000 Unearned sales revenue $ 11,000 Utility expense $ 24,000 Measuring True Value* Analysis United Bub True value calculation Earnings Revenue account Sales Revenue Net earnings Revenue $ amount Expense account Expense $ amount $ 185,000.00 Governand Positive Total $ 185,000.00 Total $ $ 185,000.00 Balance sheet accounts (000s) Now, answer the following questions: Does the consideration of the company's ESG factors, known as externalities, change your perception of the company? Q1: Would you invest in the company? Q2: Would you work for the company
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