Complete the attached worksheet for 2011 for Green Company, given the following information, then prepare an income statement, statement of ownerAf?cA????1A????1s equity, and balance sheet:
|
Physical count of inventory on hand on December 31 |
|
$189,000 |
|
Insurance expired during the accounting period |
|
5,000 |
|
Count of supplies on hand on December 31: |
|
|
|
Store supplies |
|
1,300 |
|
Office supplies |
|
750 |
|
Depreciation for the accounting period: |
|
|
|
Store equipment |
|
4,500 |
|
Office equipment |
|
2,800 |
|
Salaries earned, but not paid as of December 31: |
|
|
|
Sales salaries |
$3,850 |
|
|
Office salaries |
1,150 |
5.000 |
|
Unearned rent on December 31 |
|
400
|
