(Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from the scrambled ist of items found here: a. Prepare an income statement for TNT b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? a. Prepare an income statement for TNT Complete the income statement below. (Select from the drop-down menus and round to the nearest dollar.) TNT Inc. Income Statement Revenues $ s Cost of Goods Sold Gross Profit Depreciation Expense General and Administrative Expense $ (Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? Depreciation Expense General and Administrative Expense Net Operating Income Interest Expense Earnings before Taxes Income Taxes Net Income (Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from the scrambled list of items found here a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? b. Prepare a balance sheet for TNT. Complete the assets part of the balance sheet below: (Select from the drop-down menus and round to the nearest dollar) The Warner Company Balance Sheet Cash $ Accounts Receivable Inventories Current Assets Buildings and Equipment Less Accumulated Depreciation (Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from the scram a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? Current Assets $ Buildings and Equipment Less: Accumulated Depreciation Net Plant and Equipment $ $ Total Assets A (Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from th a. Prepare an income statement for TNT b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? TNT Inc. $ Balance Sheet (Cont'd) Accounts Payable Short-term Notes Payable Accrued Expenses Taxes Payable $ $ Current Liabilities Long-term Debt $ Total Liabilities Common Stock Retained Earnings 2 of 4 A Data Table - X sheet and in based on th Depreciation expense Cash Long-term debt Sales Accounts payable General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory Taxes Accumulated depreciation $98,300 336,700 500,400 859,800 152,600 117,800 1,342,100 112,200 251,105 7,195 11,780 434,300 445,300 148,300 75.620 394 300 $ on based on the cial condition put fields and Print Done 0 e Data Table Long-term debt Sales Accounts payable General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory Taxes Accumulated depreciation Taxes payable Retained earnings 500,400 859,800 152,600 117,800 1,342,100 112,200 251,105 7.195 11,780 434,300 445.300 148,300 75,620 394 300 21,480 451,145
