Write balance sheet and income statement

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Reference no: EM131949017

The CFO of Green Dating Service, Inc. has just collected the following data for December 31, 2017. Write a balance sheet and income statement. Accounts Receivable 250,000 Accounts Payable 260,000 Capital Surplus 100,000 Cash 190,000 Common Stock 300,000 Costs 640,000 Depreciation Expense 40,000 Dividends 26,750 Net Furniture & Fixtures 200,000 Goodwill 180,000 Interest Expense 50,000 Inventory 175,000 Land 305,000 Line of Credit (used) 200,000 Long Term Loan 340,000 Retained Earnings ? Sales 925,000 Tax rate 35%

Reference no: EM131949017

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