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I would like to get the answers for these question...




I would like to get the answers for these questions,Michael, can you kindly help me out with this questions. The following items are taken from the financial statements of LBJ Company for 2010: Accounts Payable $45,000 Accounts Recievable 55,000 Accumulated Depreciation 9,600 Bonds Payable 38,000 Cash 74,000 Common Stock 135,000 Cost of Goods Sold 34,000 Depreciation Expense 4,800 Dividends 7,000 Equipment 50,000 Interest Expense 4,500 Patents 19,500 Retained Earnings, January 1 40,000 Salaries Expense 20,200 Sales Revenue 75,500 Supplies 2,000 Instructions: Prepare an income statement and a retained earnings statement for Calidor Company.,Thank you Michel. I will review the information.


Paper#1488 | Written in 18-Jul-2015

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