This question concerns the items and the amounts that two entities, Bolton Co. and Belleville Hospital, should report in their financial statements. During November, Belleville provided Bolton with medical exams for Bolton employees and sent a bill for $50.000. On December 7, Bolton sent a check to Belleville for $24,000. Bolton began November with a cash balance of $65,000, Belleville began with cash of $0 Read the requirements. Requirement 1. For this situation, show everything that both Bolton and Belleville will report on their November and December income statements and on their balance sheets at November 30 and December 31 Begin by showing what Bolton will report on their November and December income statements and on their balance sheets at November 30 and December 31 (Complete all answer boxes For amounts with a $0 balance, make sure to enter "0" in the appropriate cell) Bolton Co.: Income Statement November December - X Requirements Balance Sheet November 30 December 31 1. For this situation, show everything that both Bolton and Belleville will report on their November and December income statements and on their balance sheets at November 30 and December 31 2. After showing what each company should report, briefly explain how the Bolton and Belleville data relate to each other Print Done