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Check my wo Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) The following

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Check my wo Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company for the year ended December 31 Garcon Pepper Company company Tinished goods Lovestory, beginning 12,100 516,150 Work in process inventory beginning 15.200 24,000 Raw materials inventory beginning 10.800 12,150 Rental factory at 29,500 22,600 Dit labor 20,600 35,000 Finished good inventory, ending 18,200 13,500 Work in process Inventory ending 23,000 1228 17.200 Raw materia inventory, ending 5,990 300 Foto tilities 9.200 12 FOTOTY 11.100 15,000 General and administrative expenses 31.500 63,599 Indirect laber 12.500 13,340 Neptictory equipment 2.900 57.30 Raw materiais purchases 57.500 Sellingen 56,200 tales 299,550 372.100 Cash 31,000 18,700 Monts receivable net 17,000 30,950 5.18 16,000 58.406 Exercise 14-8 (Algo) Preparing financial statements for a manufacturer LO P1 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. Req 1 Garcon Reg1 Peppet Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Garcon Company GARCON COMPANY Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale 0 Cost of goods sold 0 $ 0 Rica Reg 1 Pepper > Complete this question by entering your anwers in the tabs below. 1 Roq : Garcon Reg1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Pepper Company PEPPER COMPANY Income Statement For Year Ended December 31 Cost of goods sold: + Goods avaible for sale 0 Cost of goods sold 0 Net income 0 Re1 Garcon Reg 2 Garcon> Complete this question by entering your answers in the tabs below. Req 1 Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company, GARCON COMPANY Balance Sheet Current Assets Section December 31 Total current assets Complete this question by entering your answers in the tabs below. Req 1 Garcon Red 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the current asset section of the balance sheet for Pepper Company PEPPER COMPANY Balance Sheet-Current Assets Section December 31 Total current assets 5 D

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