20 points eBook Hint Print References The following information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical order, and each has a normal balance. Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings, 1/1/Year 2 Sales revenue Salaries expense Rent expense Gain on sale of land Required: Prepare an income statement for the year using the single-step and multistep approach. Complete this question by entering your answers in the tabs below. Single step $ 601 401 200 411 201 600 69 440 41 636 1,010 140 100 46 Multistep Expenses Prepare an income statement for the year using the single-step approach. Note: Enter any losses with a minus sign. GREEN MARKET Single-Step Income Statement For the Year Ended December 31, Year 2

Aequired: Prepare an income statement for the year using the single-step and multistep approach Complete this question by entering your answers in the tabs below. Frepare an income statement for the year using the multistep approach. Note: Enter any losses weh a minus vign. Aequired: Prepare an income statement for the year using the single-step and multistep approach Complete this question by entering your answers in the tabs below. Frepare an income statement for the year using the multistep approach. Note: Enter any losses weh a minus vign