Question: Given the TB I need to do the Income Statement and Balance Sheet. Could you please correct my work? Thank you! QRS Corporation Balance sheet
Given the TB I need to do the Income Statement and Balance Sheet. Could you please correct my work?
Thank you!
QRS Corporation
Balance sheet
For the period ended December
Assets
Current assets
Cash
Accounts Receivable
Inventories
Liabilities and shareholderss equity
Current liabilities
Accounts Payable
Liability
Equity shares
Retained earnings maybe
QRS Corporation
Income Statement
For the period ended December
Revenues
Total Revenues
Expenses
Cost of Goods Sold
Wages
Rent Expenses
Interest Expense
Total Expenses
Net income
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