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The following information was gathered for BBB, Inc. for 2023. The amounts are for the year ended December 31, 2023 or as of that date

The following information was gathered for BBB, Inc. for 2023. The amounts are for the year ended December 31, 2023 or as of that date except for the Beginning Retained Earnings which is given for the beginning of 2023. Please complete an Income Statement, Statement of Owners Equity and classified Balance Sheet (there is no change in capital stock during the year).

image text in transcribed Revenue 51,272 Cost of goods sold 37,523 Selling expenses 10,325 Beginning Retained earnings 6,372 Inventory 5,897 Accounts payable 3,894 Fixtures and equipment 4,701 Accounts Receivable 2,948 Accrued liabilities 1,571 Cash 1,125 Prepaid Expenses 1,103 Capital stock 920 Income tax expense 803 Land and buildings 766 Long-tem debt 1,211 Interest expense 487 Short-term debt 557 Salaries payable 256 Dividends paid 150 Utilities expense 225

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