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2) Snow Industries Inc. listed the following information regarding the asset, liability, shareholders' equity, revenue, and expense accounts in the trial balance as at December

2) Snow Industries Inc. listed the following information regarding the asset, liability, shareholders' equity, revenue, and expense accounts in the trial balance as at December 31, 2019:

Trial Balance

Account

Debit

Credit

Cash

$ 20,800

Accounts Receivable

8,200

Supplies

2,500

Truck

14,600

Accounts Payable

$6,700

Notes Payable (Long-Term)

11,000

Common Shares

25,000

Retained Earnings

2,700

Dividends

10,200

Sales Revenue

45,500

Cost of Goods Sold

15,500

Rent Expense

7,000

Utilities Expense

5,000

Salary Expense

4,400

Interest Expense

1,500

Other Expense

1,200

Total

$ 90,900

$ 90,900

Prepare a multistrp income statement for Snow for the month ended December 31, 2019

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