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4 of 6 (2 completo) v D Score: 0 of 10 pts HW Score: 5.88%, 5.88 E5-25 (similar to) Question Business Markdown Systems uses a

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4 of 6 (2 completo) v D Score: 0 of 10 pts HW Score: 5.88%, 5.88 E5-25 (similar to) Question Business Markdown Systems uses a perpetual Inventory system. The adjusted trial balance of Business Markdown Systems at March 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Prepare Business's multi-step income statement for the year ended March 31, 2018. (Use a minus sign or parentheses to show other expenses.) Business Markdown Systems Income Statement Year Ended March 31, 2018 Net Income (Loss) Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer i Data Table Business Markdown Systems Adjusted Trial Balance March 31, 2018 Balance Credit Debit 2,700 13,500 32,100 6,200 42,100 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings 13,200 8,900 1,100 7,600 24,000 2,900 Print Done i Data Table 32,100 6,200 42,100 $ Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 13,200 8,900 1,100 7,600 24,000 2,900 44,500 230,000 103,500 26,700 14,000 2,400 287,700 $ Total 287,700 Print Done

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