i have two questions 2
the first questions; From the following table prepare a classified Balance sheet for ALOMAR Company at December 31 2017
Accounts Receivable ;4500 1000 Cash
Capital;16000 Land 15000
Loans;8500 Inventory;2500
Accounts payable ;4500 Notes receivable; 5000 (due 2017)
Note payable (due 2017) 2000 Equipment;4000 accum.dep -equipment;1000
the second questions;From the following table prepare a Income statem For ALOMAR company at December 31 2017
35000 Sales Revenues
8000 Rent Revenues
1000 Depreciation expenses
18000 Selling expenses
6000 Wage expenses
1100 Income tax Expenses

