Barth Company reports the following year-end account balances at December
Barth Company reports the following year-end account balances at December 31, 2013. Prepare the 2013 income statement and the balance sheet as of December 31, 2013.
Accounts payable                      $16,000             Inventory                      $36,000
Accounts receivable                  $30,000             Land                             $80,000
Bonds payables, long-term      $200,000            Goodwill                      $8,000
Buildings                                  $151,000            Retained Earnings      $160,000
Cash                                        $148,000               Sales Revenue            $500,000
Common Stock                        $150,000               Supplies Inventory          $3,000
Cost of goods sold                   $180,000               Supplies Expense           $6,000
Equipment                               $70,000               Wages Expense            $40,000
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Posted 28 May 2017 11:05 AM
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