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(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
(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? X Data table Less: Accumulated Depreciation 395,300 Net Plant and Equipment 946,600 1,683,375 Total Assets Complete the liabilities and owners' equity part of the balance sheet below: (Select from the drop-down menus TNT Inc. Balance Sheet (Cont'd) $ Depreciation expense $99,200 Cash 337,400 Long-term debt 501,200 Sales 858,800 Accounts payable 152,500 General and administrative expense 117,900 Buildings and equipment 1,341,900 Notes payable 112,200 Accounts receivable 250,440 Interest expense 7,070 Accrued expenses 11,860 Common stock 433,500 Cost of goods sold 444,600 Inventory 148,935 Taxes 75,440 Accumulated depreciation 395,300 Taxes payable 22,310 Retained earnings 449,805 (Click on the icon in order to copy its contents into a spreadsheet.) Current Liabilities $ Total Liabilities $ $ Owners' Equity $ Total Liabilities and Owners' Equity $ Print Done U.IIIL: Anal
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