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This is actually for accounting sorry, thank you! 2. Using the following below, build the balance sheet and income statement for this merchandize business. Cash

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This is actually for accounting sorry, thank you!
2. Using the following below, build the balance sheet and income statement for this merchandize business. Cash - $10,000 Accounts Receivable - $80,000 Sales Discounts - $4,000 Sales Expense - $5,500 Owner's Equity - $ 58,000 Gross Profit - $56,000 Accounts Payable - $30,500 Unearned Rent - $3,500 Equipments - $ 25,000 Interest Expense $1,000 Cost of Goods Sold - $78,000 Administrative Expenses - $4,000 Wages Payable - $8,000 Accumulated Depreciation, Equipments - $15,000 or Interest Revenue - $1,500 Sales - $138,000

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