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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? Income Statement Gross Profit 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 Taxes payable $98,100 337,900 501,300 858,500 153,100 118,500 1,342,500 111,600 250,945 7,085 11,820 434,200 445,900 148,595 76,650 395,100 21,685 Net Operating Income Earnings before Taxes Net Income Choose from any list or enter any number in the input fields and then click Check Answer. Print Done
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