With the next information: Build the company's P&L (Profit and losses). Use only those accounts that you consider relevant to fully comply with your work.

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Account Financial expense Financial Obligations (5 months) Operational utility Patents Inventory Profit for the year Selling and administrative expenses Gross profit Income taxes (on utility) Temporary investments Box and banks Accounts Payable Vendors Sales cost Land Taxes to pay Operating income accounts receivable Machinery and equipment Social capital Furniture and fixtures Buildings Retained earnings Bonds issued (3 years) Financial Obligations (2 years) Net income before taxes Value $ 700 $ 200 $ 1.400,00 $ 581 $50 $ 450 $ 700 $ 2.100,00 $250 $ 30 $ 1.744,00 $ 50 $ 2.400,00 $ 800 $ 330,00 $ 4.500 $ 200,00 $ 1.000,00 $ 3.000,00 $ 555 970 $ $ 450 $ 855 $ 550 $ 700 Account Financial expense Financial Obligations (5 months) Operational utility Patents Inventory Profit for the year Selling and administrative expenses Gross profit Income taxes (on utility) Temporary investments Box and banks Accounts Payable Vendors Sales cost Land Taxes to pay Operating income accounts receivable Machinery and equipment Social capital Furniture and fixtures Buildings Retained earnings Bonds issued (3 years) Financial Obligations (2 years) Net income before taxes Value $ 700 $ 200 $ 1.400,00 $ 581 $50 $ 450 $ 700 $ 2.100,00 $250 $ 30 $ 1.744,00 $ 50 $ 2.400,00 $ 800 $ 330,00 $ 4.500 $ 200,00 $ 1.000,00 $ 3.000,00 $ 555 970 $ $ 450 $ 855 $ 550 $ 700

Answer rating: 100% (QA)

Income statement Revenue 4500 Operating expenses Sell... View the full answer