Question: Selected data for three companies are given below. All inventory amounts are ending balances. complete the tables for each company. table [ [ Company
Selected data for three companies are given below. All inventory amounts are ending balances. complete the tables for each company.
tableCompany XAccounts Receivable,Administrative Expenses,CashCost of Goods Sold,EquipmentMerchandise Inventory,Sales Revenue,Selliling Expenses,
tableCompany YAccounts Receivable,CashEquipmentRent Expense,Service Revenue,Utilities Expense,Wages Expense,
tableCompany ZAccounts Receivable,Administrative Expenses,CashCost of Goods Manufactured,Cost of Goods Sold,EquipmentFinished Goods Invetory,Raw Materials Inventory,Sales Revenue,Selling Expenses,WorkinProcess Inventory,
Using the data above, indentify each company as a Service Company, Merchandising Company, or Manufacturing Company and complete an Income Statement for each company.
tableCompany XIncome Statement
tableCompany YType of CompanyCompany Y Income Statement
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