Income statement and the balance sheet

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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

Reference no: EM13747721

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