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Required:1. Prepare income statements for both GarconCompany and Pepper Company.2. Prepare the current assets section of thebalance sheet for each company. Company $ 14,500 16,800
Required:1. Prepare income statements for both GarconCompany and Pepper Company.2. Prepare the current assets section of thebalance sheet for each company. Company $ 14,500 16,800 9,900 Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor 1 answer
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