11. Below are the account balances (all normal) in alphabetical order from Joe Co.'s financial statements...
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11. Below are the account balances (all normal) in alphabetical order from Joe Co.'s financial statements at December 31,2023. Assume no new investments were made by stockholders during 2023. + Accounts payable Accounts receivable Cash Common stock Cost of sales Depreciation expense Dividends Goodwill and other long-term assets Income tax expense Inventories Long-term liabilities Other current assets Other current liabilities Property and equipment, net Retained earnings (December 28, 2022) Selling and administrative expenses Service revenue Wages expense Wages payable 15,308 6,443 1,523 36,976 137,859 23,268 10 9,429 37 10,044 241,366 3,626 39,586 312,778 4,712 196,607 509,480 155,023 9,219 Required: Prepare the following fiscal year 2023 financial statements for Noodles & Company: a. Income Statement b. Statement of Stockholders' Equity C. Balance Sheet 11. Below are the account balances (all normal) in alphabetical order from Joe Co.'s financial statements at December 31,2023. Assume no new investments were made by stockholders during 2023. + Accounts payable Accounts receivable Cash Common stock Cost of sales Depreciation expense Dividends Goodwill and other long-term assets Income tax expense Inventories Long-term liabilities Other current assets Other current liabilities Property and equipment, net Retained earnings (December 28, 2022) Selling and administrative expenses Service revenue Wages expense Wages payable 15,308 6,443 1,523 36,976 137,859 23,268 10 9,429 37 10,044 241,366 3,626 39,586 312,778 4,712 196,607 509,480 155,023 9,219 Required: Prepare the following fiscal year 2023 financial statements for Noodles & Company: a. Income Statement b. Statement of Stockholders' Equity C. Balance Sheet
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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