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2. Following in the year and adjusted trance for Pred's Cornery for the current year FO A Thule De 1 5 67.100 46.000 100 16.000

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2. Following in the year and adjusted trance for Pred's Cornery for the current year FO A Thule De 1 5 67.100 46.000 100 16.000 16 20.000 105,630 45.000 550.000 C Aceh Merchandise Stown Ape Salaries powe Redwing Divide Sales Sades allow Sales de Cost of oude Sales salaries expert Advertising expense. Stor salaries expert Store supplies espere luferest expense... Total 4.500 4,250 32.450 44.000 8.150 450 5.035 5692.480 40 On the following pages, prepare a multi-step income statement (25 points) and the closing entries at December 31 for the current year (25 points)

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