Waterloo Manufacturing has the following income statement and balance sheet entries from the year 2021. With the information given below: A) Construct an income statement B) Construct a balance sheet.. Accounts payable Accounts receivable Accrued wages Cash Common shares Contributed capital Cost of goods sold Deferred income taxes Depreciation expense General expense GICS Income taxes Interest expense Inventories Land Accumulated depreiation Long-term bonds Mortgage Sales Plant and equipment Prepaid expenses Retained earnings Selling expenses Working capital loan 7,500.00 15,200.00 2,950.00 1,900.00 2,150.00 3,000.00 62,000.00 2,250.00 900.00 3,000.00 800.00 1,900.00 1,500.00 18,000.00 3,000.00 11,050.00 4,450.00 10,000.00 76,500.00 20,000.00 1,100.00 12,000.00 5,000.00 4,650.00

Waterloo Manufacturing has the following income statement and balance sheet entries from the year 2021. With the information given below: A) Construct an income statement B) Construct a balance sheet.. Accounts payable Accounts receivable Accrued wages Cash Common shares Contributed capital Cost of goods sold Deferred income taxes Depreciation expense General expense GICS Income taxes Interest expense Inventories Land Accumulated depreiation Long-term bonds Mortgage Sales Plant and equipment Prepaid expenses Retained earnings Selling expenses Working capital loan 7,500.00 15,200.00 2,950.00 1,900.00 2,150.00 3,000.00 62,000.00 2,250.00 900.00 3,000.00 800.00 1,900.00 1,500.00 18,000.00 3,000.00 11,050.00 4,450.00 10,000.00 76,500.00 20,000.00 1,100.00 12,000.00 5,000.00 4,650.00

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 32BEB

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