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Prepare an income statement, statement of owners equity and balance sheet for Green Day Co. as of 12-31 . . Sales 7,387,500.00 Salary Expense 450,000.00 Cash 700,000.00 Accts Receivable 500,000.00 Equipment 420,000.00 Accumulated Depreciation Equipment 60,000.00 Building 620,000.00 Mortgage Payable 360,000.00 Drawing 50,000.00 Advertising Expense 1,400,000.00 Rent Expense 350,000.00 Accumulated Depreciation Building 90,000.00 Accts Payable 200,000.00 Note Payable ? you have to solve for notes payable Capital 1/1 900,000.00 Cost of Mdse Sold 4,600,000.00 Prepaid Rent 80,000.00 Supplies 50,000.00 Land 200,000.00 Depreciation Expense 20,000.00 Supply Expense 100,000.00

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