Reorganize this listing below into both a balance sheet

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Reorganize this listing below into both a balance sheet (Statement of Financial Condition) and and Income Statement (Statement of the Results of Operations). Present these statements in what accountants call “Good Form”.

Sample Company, LLC

31-Dec-11 Account List

Member Contributions 10000

Accounts Payable 8000

Accounts Receivable 20000

Accumulated Depreciation 8000

Bad Debts Expense 2000

Bank Loan Payable 45000

Buildings 50000

Utilities Expense 18000

Cash 5000

Cost of Goods Sold 150000

Furniture and Fixtures 10000

Inventory 50000

Salaries and Wages 100000

Sales 300000

Additional Paid in Capital 5000

Beginning Retained Earnings 29000

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