1. Prepare a multiple-step income statement, Income Statement Accounts Cash Accounts receivable Inventory Supplies Prepaid advertising Equipment Accumulated depreciation Accounts payable Salary payable Interest payable Unearned sales revenue Note payable, long-term Eric DuMont, Capital Eric DuMont Sales revenue Sales discounts Sales returns and allowances Cost of Goods Sold Salary expense Rent expense Depreciation expense Utilities expense Supplies expense Interest expense Advertising Expense Total Net income (loss) Trial Balance Debit Credit 18,250 20,100 44,000 2,850 10,000 92,500 19,750 8,700 2,610 146,410 75,100 19,000 7,125 2.750 13,240 482,385 43,500 23,765 1,560 75,000 38,100 300,460 82,385 Work Sheet For the Year Ended December 31, 20X5 note: the wortes Heet is completed Go to next page. please Adjustments Debit Credit (c) 1,000 (g) 2,000 (e) 990 (d) 8,300 (a) 2,000 (D) 255 (b) 4,800 19,345 (g) 2,000 (a) 2,000 (b) 4,800 (d) 8,300 (e) 990 (1) 255 (c) 1,000 19,345 Income Statement Debit Credit 8,700 2,610 148,410 76,090 19,000 8,300 301,460 Balance Sheet Debit Credit 301,460 18,250 20,100 42,000 850 5,200 92,500 19.750 7,125 2,000 3,005 18,040 293,280 301,460 198,650 8,180 301,460 198,650 51,800 23,765 990 255 560 75,000 38,100 190,470 8,180 198,650