Complete the financial statements below using the following details. Do a ny calculations

required:

Cash $5,000 Total Sales $100,000 Taxes Payable $5,000

Bank Loan $40,000 Wages $20,000 Coffee beans used $20,000

Rent $10,000 Delivery Truck $50,000 Car Loan $5,000

Machinery $15,000 Advertising $5,000

Balance Sheet for September 20XX

Assets Liabilities

$ $

$ $

$ $

Total Assets $ Total Liabilities

$

Owner's Equity

$

Total Liabilities +

Owner's Equity

$

Income Statement for Year to Date

Revenue

$

Cost of Goods Sold (COGS)

$

Gross Profit

$

Operating Expenses:

$

$

$

Total Expenses

$

Net Income

$