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  3. part b?? use the following information available

part B?? Use the following information available as of December 31 to prepare...

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Accounting

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part B??
Use the following information available as of December 31 to prepare an income statement for the year and a balance sheet for Goldie Company Fees for services performed during the year, $120,000 Accounts payable, $18,500 Accounts receivable, $17,300 Miscellaneous expenses for the year, $8,700 Supplies on hand, $2,700 Notes payable, $30,000 Interest expense on the note for the year, $3,000 Equipment. $84.400 Cash on hand, $11.200 Salaries expense for the year, $71,500 Supplies expense for the year, 59,400 Rent expense for the year. $12,000 Common stock that has been issued, $60,000 Retained earnings at the end of the year, $7.100 a. Income statement GOLDIE COMPANY Income Statement For the year anded December 31 Plevens FAccounts Receivable $ 120,000 Expenses Miscellaneous Inorou Salaries Supplies 8700 3.000 71.500 2.700 12.000 Rent b. Classified balance sheet. (Be sure to list the assets and liabilities in order of their liquidity.) GOLDIE COMPANY Balance Sheet December 31 Liabilities Assets Total Liabilities Stockholders' Equity $ 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 0 Total Assets $ 0

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