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2301 Corp Adjusted Trial Balance Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense
2301 Corp Adjusted Trial Balance Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense Sales Revenue Sales Discounts $ 6,000 25,000 22,800 19,000 145,000 7,400 2,000 1,000 17,600 300,000 9,600 Sales Returns and Allowances 40,000 Prepare a Multistep Income Statement from the information above 1. From the information above for 2301 Corp Income from Operations is equal to a. $60,400 b. $62,400 c. $58,400 d. $52,900
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