Financial Statements A list of accounts for Lloyd Inc. at December 31, 2008, follows. Required 1…. 1 answer below »

Financial Statements

A list of accounts for Lloyd Inc. at December 31, 2008, follows.

Required

1. Determine cost of goods sold for 2008.

2. Determine net income for 2008.

3. Prepare a balance sheet dated December 31, 2008.