Reference no: EM133189460

Question - Creative Mobile Apps, Inc. had the following alphabetical list of accounts taken from its adjusted trial balance at December 31, 2018:

Accounts payable $15,000

Accounts receivable 18,000

Accumulated Depreciation - Building 26,200

Advertising expense 12,800

Building 100,000

Common stock 60,000

Cash 15,000

Cost of goods sold 56,500

Depreciation expense 2,000

Insurance expense 3,800

Insurance payable 1,900

Inventory 25,000

Land 30,000

Prepaid insurance 4,600

Interest revenue 2,500

Retained earnings, (January 1, 2018) 58,000

Salaries expense 48,000

Salaries payable 4,600

Sales 150,000

Supplies expense 2,000

Supplies inventory 1,200

Dividends payable 700

Required - Make an income statement and balance sheet in good form for 2018.