(TCOs B, E) The following items are taken from the financial statements of Calidor Company for 2010.
|
Accounts payable |
$45,000 |
|
Accounts receivable |
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 a multiple-level income statementt for Calidor Company.