Question

Construct an income statement and a balance sheet from the scrambled entries for Paradise Pond Company from the data for the years 2014 and 2015 shown in the table below Paradise Pond Company 2014 2015 $638 1800 Accounts reccivable Less: Accumulated depreciation Accounts payable Bonds Coui 450 Common shares Contributed capital Cost of goods sold Depreciation expense Income taxes Interest expense Inventories Net plant and equipment Net revenue from sales Operating expenses Plant and equipment Profit after taxcs Profit before taxes Retained carnings Sales Total assets Total current assets Total current liabilities Total expenses Total liabilities and owners equity Total long-term assets Total long-term liabilities Total owners' equity Working capital loan 1750 300 150 938 2100 200 1800 1250 100 3300 450 1050 1200 1800 300 450 3600 1800 2100 2400