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Below information pertains to Eller Equipment Company for the year 2018. (Hint Some of the...

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Accounting

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Below information pertains to Eller Equipment Company for the year 2018. (Hint Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Ac $107,000 Beginning retained earnings $ 46,100 5,000 11,000 50,000 101,000 23,000 80,000 34,500 131,000 40,000 21,000 53,000 32,000 580,000 93,000 1,500 95,000 Warranties payable (short term) 17,500 Gain on sale of equipment 19,000 Operating expenses 51,000 Cash flow from investing activities 88,250 Prepaid rent 15,000 Land cumulated depreciation Notes payable (long term) Salvage value of building Interest payable (short term) Uncollectible accounts expense Supplies Equipment Interest revenue Sales revenue Dividends Warranty expense Interest receivable (short term) 6,000 Cash 30,000 Inventory 5,000 Accounts payable 157,750 Interest Expense 4,700 Salaries payable 910,000 Unearned revenue 20,000 Cost of goods sold 7,700 Accounts receivable 2,100 Depreciation expense Required Prepare a multistep income statement for Eller Equipment Company for 2018 Prepare a classified balance sheet for Eller Equipment Company for 2018

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