This weeks assignment is to complete financial statements for Blue Bill Corporation. You are given a comparative statement with some additional information to complete. Required: Download the Week 05 Problems Excel spreadsheetto use in completing your problems. Complete the yellow highlighted cells on the balance sheet and income statement. Following is the additional information that you will need to complete the statements: 2004 2003 Accounts Receivable $1,200,000 $1,000,000 Allowance for Doubtful Accounts 35,000 50,000 Income Tax Expense 100,000 120,000
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