$21761/$assignments$/541951$

Selected data for three companies are given below. All inventory amounts are ending balances.

$\backslash$table$[[$Company X$],[$Accounts Receivable,$16,900],[$Administrative Expenses,$15,900],[$Cash$,27,300],[$Cost of Goods Sold,$45,500],[$Equipment$,51,400],[$Merchandise Inventory,$8,300],[$Sales Revenue,$92,500],[$Selling Expenses,$19,300]]$

$\backslash$table$[[$Company Y$],[$Accounts Receivable,$11,000],[$Cash$,8,050],[$Equipment$,47,500],[$Rent Expense,$5,300],[$Service Revenue,$35,900],[$Utilities Expense,$2,150],[$Wages Expense,$11,200]]$

Company Z

$\backslash$table$[[$Accounts Receivable,$26,500],[$Administrative Expenses,$41,800],[$Cash$,28,000],[$Cost of Goods Manufactured,$101,200],[$Cost of Goods Sold,$98,900],[$Equipment$,245,200],[$Finished Goods Invetory,$10,600],[$Raw Materials Inventory,$8,400],[$Sales Revenue,$239,900],[$Selling Expenses,$49,500],[$Work$-$in$-$Process Inventory,$6,600]]$

Using the data above, indentify each company as a Service Company, MerchandiCompany, or Manufacturing Company and complete an Income Statement for ead company.

$\backslash$table$[[$Company X$,,],[$Type of Company,,,,$],[,\backslash$table$[[$Service$],[$Merchandising$],[$Manufacturing$]],\backslash$table$[[$x$],[$nent$]]],[,,,],[,,,,],[,,,,$