The following financial information was compiled for the month of September 2010 for the MCM company.

Actual Situation in September 2010

------------------------------- Transactions for September 2010

1. Prepare the balance sheet and general balance

2. Prepare the income statement

3. Prepare an estimate of the merchandise sold.

balance($) 35000 29000 110000 605000 17000 Debts to pay accounts receivable Bonuses payable Buildings (net worth) Cash in cash Dividends payable Inventories (all) Land Long-term mortgage payable Retained earnings Share value 8000 31000 450000 450000 154000 375000 category Direct labor Expenses amount ($) 50000 Insurance 20000 62000 40000 110000 62000 Sales Rental and maintenance Wages Others Total Income tax Finished product inventory as of September 1, 2010 Finished product inventory as of September 30, 2010 Inventory of materials as of September 1, 2010 Inventory of materials as of September 30, 2010 Purchasing of materials Indirect manufacturing costs Income from sales 294000 20000 25000 50000 46000 25000 20000 75000 500000