Below find the trial balance for
Nybrostrand Company. Prepare an income statement and balance sheet in good
format based on Formats of Financial Statements (Presentations). After you have completed the two
statements comment on the success of the company. Support your answer with
information from the financial statements you just prepared.
Trial Balance (accounts in
|Accounts payable||$ 78,000|
|Accounts receivable||$ 36,500|
|Cost of goods sold||307,000|
Equipment (net of
SLP Assignment Expectations
The submission should be 2 to 4
pages and need to include answers to all the questions listed above. Show
computations, discuss the results and include references in APA format.
When your paper is done, send it in.
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