Question: Using this information, you are required to prepare the balance sheet (with the categories: Current Assets, Noncurrent Assets, Total Current Liabilities, Total Noncurrent Liabilities and

 Using this information, you are required to prepare the balance sheet

Using this information, you are required to 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 Transport One-4-All and also find the missing values (in question marks).

The following information is provided for the company Transport One-4-All (figures are in euro): 35,000 50,000 23,000 97,000 15.000 15,000 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 Earnings Gain on sale of investments Sales Insurance Other long-term liabilities Administrative expenses Current period's retained earnings Closing inventory 25.000 45.000 35.000 80,000 177,000 12.000 10,000 9.000 36,000 52.000 23,000 ? 78,000 10,000 5.000 15.000 5,000 310,000 3,000 23.000 15.000 ? 35,000 Purchases Long-term debt Interest and dividend revenue Sales returns Opening inventory Other general expenses 145.000 86,000 10,000 5.000 20,000 8,000 Also, consider that there is no taxation and there is a decision for zero dividend

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