Question: Hi, please help with this question. When I checked the error, it said the question is incomplete, but I couldn't find where I am incomplete,
Hi, please help with this question. When I checked the error, it said the question is incomplete, but I couldn't find where I am incomplete, so please help me to find which part I am lack of. Thank you!




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Required information Use the following information for the Exercises below [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $12,206 15,800 8,500 31,500 22,400 19,550 25,900 5,800 14,100 12,400 26,500 1,650 7,340 36,000 54,000 243,030 33,000 282,500 16,600 Pepper Company $ 17,650 21,450 13,500 24,250 41,000 14,300 19,600 7,600 15,750 4,600 53,000 7,840 3,400 55,000 46,900 325,010 22,700 169,825 23,450 Exercise 18-9 Preparing financial statements for a manufacturer LO C4, P2 Required 1-a. Prepare income statements for both Garcon Company and Pepper Company. 1-b. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31, 2017 Sales Less: Cost of goods sold Gross profit Operating expenses S 243,030 110,640 132,390 General and administrative expenses Selling expenses 26,500 54,000 Income (loss) before tax $ 51,890 Exercise 18-9 Preparing financial statements for a manufacturer LO C4, P2 Required 1-a. Prepare income statements for both Garcon Company and Pepper Company. 1-b. Prepare the current assets section of the balance sheet for each company Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A PepperEReq 1B Garcon Req 1B Pepper Prepare the income statement for Pepper Company. PEPPER COMPANY Income Statement For Year Ended December 31, 2017 Sales 325,010 162,940 162,070 Less: Cost of goods sold Operating expenses General and administrative expenses Selling expenses 53,000 46,900 Income (loss) before tax 62,170 Exercise 18-9 Preparing financial statements for a manufacturer LO C4, P2 Required 1-a. Prepare income statements for both Garcon Company and Pepper Company. 1-b. Prepare the current assets section of the balance sheet for each company Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the current asset section of the balance sheet for Garcon Company. GARCON COMPANY Partial Balance Sheet As of December 31, 2017 Cash Accounts receivable, net Inventories 33,000 16,600 Raw materials inventory Work in process inventory Finished goods inventory 5,800 25,900 19,550 51,250 100,850 Total current assets Exercise 18-9 Preparing financial statements for a manufacturer LO C4, P2 Required 1-a. Prepare income statements for both Garcon Company and Pepper Company. 1-b. Prepare the current assets section of the balance sheet for each company Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the current asset section of the balance sheet for Pepper Company. PEPPER COMPANY Partial Balance Sheet As of December 31, 2017 Cash Accounts receivable, net Inventories S 22,700 23,450 Raw materials inventory Work in process inventory Finished goods inventory 7,600 19,600 14,300 41,500 Total current assets $ 87,650
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