sporting pins company financial statements

Sheet1 Sheet2 ACC 220 Financial Statementen The following account balances were determined for Sporting Company as of December 31, 2019 SI.S.SO SM.770 $24.50 Reware Sales Revenue Cost of Goods Sold Wages Expense Supplies Expense Delivery Expres Entertainment Expense Telephoes And Internet Expense Property Tax Expense Repairs Expense Depreciation Expense 514.20 $19.00 $17.330 SI.000 $14.50 Cash Accounts Receivable Prepaid Insurance Land Equipment Bulding 22.000 S155.000 SER.000 570.000 SI 548.000 Accounts Payable Income Tax Pusable Nate Payable SI75.000 SW.000 S. Owner's Capital Owner's Withdrawal $57.000 Required: Prepare an income Statement, a Statement of Owners Equity and a Balance Sheet for Sporti Sporting Pins Coman Year Ended December 2010 Gross Profit Profit Margin Ratio of December 31, 2019. Sporting Pins Company Statement of Owners Equity Year Ended December 2013 Sporting Pina Company Balance Sheet Curry Debt Rate 3 The following account balances were determined for Sporting Pins Com 4 as of December 31, 2019 5 6 Revenue & Expense: 7 Sales Revenue $1,578,500 8 Cost of Goods Sold $896,770 9 Wages Expense $56,260 10 Supplies Expense $24,500 11 Delivery Eszpense $21,400 12 Entertainment Expense $14,820 13 Telephone And Internet Expense $19,030 14 Property Tax Expense $17,320 15 Repairs Expense $18,000 16 Depreciation Expense $14,500 17 Assets: 18 Cash $280,000 19 Accounts Receivable $155,000 20 Prepaid Insurance $48,000 21 Land $70,000 22 Equipment $140,000 23 Buiulding $98,000 24 Liabilities 25 Accounts Payable $175,000 26 Income Tax Payable $89,000 27 Note Payable S88,500 28 Equin 29 Owner's Capital SO 30 Owner's Withdrawals $57,000 31 32 22 Sheet1