1. EDEN CAR WASH HAD THE FOLLOWING END-OF-YEAR FINANCIAL DATA ITEMS. PREPARE A BALANCE SHEET AND INCOME STATEMENT (including EPS) IN GOOD ACCOUNTING ORDER (MAKE SURE TO LABEL EVERY ITEM) Operating Expenses$4,000 # Shares of common stock 850
Taxes paid $900 Common stock $11,900
Bonds $32,600Marketable Sec. $8,000
Fixed assets $55,000Accrued taxes $4,500
Notes payable $6,000 Preferred Stock dividends $1,200
Accts. Receivable$21,000Inventory $40,000
Retained earnings$6,000 Capital paid-in excess of par $15,000
Preferred Stock$50,000Accts. Payable $13,000
Interest paid $3,000 Cost of Goods Sold $32,000
Sales $45,000Cash $15,000