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The following are accounts balance (in thousands) for Malak Company. Prepare a balance sheet, and Income statement using intermediate steps t=35% for the year ended
The following are accounts balance (in thousands) for Malak Company. Prepare a balance sheet, and Income statement using intermediate steps t=35% for the year ended December 31, 2018.
Net property and equipment | $ 2,000 |
Accounts receivable | $3,000 |
Notes payable | $37,000 |
Revenues | $ 983,000 |
Supply expenses | $ 255,000 |
Depreciation expenses | $ 35,000 |
Labor expense | $300,000 |
Interest Expenses | $11,000 |
Stockholders Equity | $61,500 |
Cash & cash equivalents | $97,000 |
Long-term debt | $3,500 |
Please write in computer as I need to copy the answer.
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