PepsiCo produces snack foods such as Fritos and Lay s potato
PepsiCo produces snack foods such as Fritos and Lay’s potato chips, as well as beverages such as Pepsi and Mug Root Beer. The company had the following condensed trial balance as of September 3, 2011, for the nine months ended September 3, 2011 ($ in millions):


1. Prepare PepsiCo’s income statement for the nine months ended September 3, 2011.
2. Prepare PepsiCo’s balance sheet as of September 3,2011.
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