Question: Prepare the balance sheet (with the categories: Current Assets, Noncurrent Assets, Total Current Liabilities, Total Noncurrent Liabilities and Stockholders Equity) and the income statement for

Prepare the balance sheet (with the categories: Current Assets, Noncurrent Assets, Total Current Liabilities, Total Noncurrent Liabilities and Stockholders Equity) and the income statement for the company
 Prepare the balance sheet (with the categories: Current Assets, Noncurrent Assets,

35,000 50.000 23.000 97.000 15.000 15.000 25,000 15.000 35.000 80.000 17 12.00 10,000 Other receivables Current portion of long-term debt Land improvements Vehicles Accrued compensation and benefits Other acquired intangible assets (patents and copyrights) Short-term loans payable Accounts receivables.net Accounts payable Buildings Cash and cash equivalents Equipment Purchases discounts Marketing and promotions expenses Goodwill Short-term investments Prepaid expenses Common stock Land Income taxes payable Interest expense Beginning Retained Earings Gain on sale of investments Sales Insurance Other long-term liabilities Administrative expenses Current period's retained camnings Closing inventory 36.000 52.000 23.000 2 78.000 10.000 5.000 15.000 5.000 310.000 3.000 23.000 15.000 ? 35.000 Purchases 145.000 Long-term debt 86,000 Interest and dividend revenge 10.000 Sales returns 5.000 Opening inventory 20.000 Other general expenses 8,000 Also, consider that there is no taxation and there is a decision for zero dividend. Using this information, you are required to a. Prepare the balance sheet (with the categories: Current Assets. Noncurrent Assels, Total Current Liabilities. Total Noncurrent Liabilities and Stockholders' Equity) and the income statement for the company Transport One-4-All

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