The following financial information was collected for the month of September 2010 for the company...
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The following financial information was collected for the month of September 2010 for the company MCM. Current situation, 30 September 2010: Balance $35000 $29000 $110000 $605000 Account Accounts payable Accounts receivable Bonds payable Buildings (net value) Cash on hand Dividends payable Inventories (all) Terrain Long-term mortgage payable Retained earnings Stock value $17000 $8000 $31000 $450000 $450000 $154000 $375000 Transactions for September 2010: Monto $50000 Category Direct labor Gastos Costs $20000 Sales $62000 Rental and $40000 maintenance Salaries $110000 Others $62000 Total Income tax Inventory finished product to 1 Set 2010 Inventory finished product at 30 Set 2010 Inventory of materials as at 1 September 2010 Inventory of materials as at 30 September 2010 Materials purchases Indirect costs manufacturing Sales income $294000 $20000 $25000 $50000 $46000 $25000 $20000 $75000 of $500000 -Prepare a balance sheet for the campaign as of September 30, 2010 -Prepare the status of cost of brand sold for the month of September 2010 -Prepare the income statement for the month of September 2010 -Prepare the calculation of the merchandise sold The following financial information was collected for the month of September 2010 for the company MCM. Current situation, 30 September 2010: Balance $35000 $29000 $110000 $605000 Account Accounts payable Accounts receivable Bonds payable Buildings (net value) Cash on hand Dividends payable Inventories (all) Terrain Long-term mortgage payable Retained earnings Stock value $17000 $8000 $31000 $450000 $450000 $154000 $375000 Transactions for September 2010: Monto $50000 Category Direct labor Gastos Costs $20000 Sales $62000 Rental and $40000 maintenance Salaries $110000 Others $62000 Total Income tax Inventory finished product to 1 Set 2010 Inventory finished product at 30 Set 2010 Inventory of materials as at 1 September 2010 Inventory of materials as at 30 September 2010 Materials purchases Indirect costs manufacturing Sales income $294000 $20000 $25000 $50000 $46000 $25000 $20000 $75000 of $500000 -Prepare a balance sheet for the campaign as of September 30, 2010 -Prepare the status of cost of brand sold for the month of September 2010 -Prepare the income statement for the month of September 2010 -Prepare the calculation of the merchandise sold
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