Tempe Corporation Capital Structure consists of 90,000 shares of common stock. The December 31, 2016 account balances are listed below.

Tempe Corporation Capital Structure consists of 90,000 shares of common stock. The December 31, 2016 account balances are listed below. All Adjusting entries have been made except for the accrual of taxes (20%) rate.

Sales: 1,352,500

Purchases Discount 19,000

Purchases 681,000

Loss on discontinued Operations 75,000

Selling Expenses 124,000

Cash 65,000

Accounts Receivable 95,000

Common Stock 180,000

Accumulated Depreciation 157,000

Dividend Revenue 7500

Inventory January 1, 2016 158,000

Unearned Revenue 5,800

Accrued Interest Payable 1,500

Land 268,000

Patents 75,000

Retained Earnings January 1, 2016 286,000

Interest Expense 15,000

General and Administrative Expense 143,000

Dividends Declared 25,000

Allowance for Doubtful Accounts 5,700

Notes Payable 175,000

Machinery and Equipment 495,000

Office Supplies 50,000

Accounts Payable 79,000

Inventory December 31,2016

a) Prepare a Multi-Step income statement; include EPS

b) Prepare a Retained Earnings Statement

c) Prepare a 12/31/16 Balance Sheet

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more