The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,500 18,300 9,400 30,500 24,600 21,800 27,100 6,100 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the Income statement for Garcon Company. 10,650 26,500 12,650 Cost of goods sold: 6,500 36,000 55,200 292,170 GARCON COMPANY Income Statement For Year Ended December 31 24,000 16,600 Home 1204201 Pepper Company $ 16,150 19,650 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. 11,400 24,550 39,000 14,100 20,000 8,200 17,000 52,500 13,320 " Complete this question by entering your answers in the tabs below. 2,000 66,000 49,600 393,750 24,200 22,200

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. 1. Prepare income statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the income statement for Garcon Company. 1. Prepare Income statements for both Garcon Company and Pepper Company. 2. Propare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below, Prepane the income statement for Pnpper Company. 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet for Garcon Company. 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet for Pepper Company. 1. Propare income statements for both Garcon Company and Pepper Compary. 2. Prepere the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the income statemant for Garcon Company