4. Using the following information, prepare a multi-step Income statement and balance sheet (15 pts) Bank is the same as Cash Creditors control is Loans Payable Capital is Stockholders' Equity CREDIT $ Trial balance for Archie's Comic Book Megastore on the 30m of November 2012 FOLIO DEBIT $ Land and buildings 110,000 Furniture and fittings 400 Machinery and equipment 550 Inventory 6,460 Debtors control Bank 2,600 Capital Loan Creditors control Sales Sales Returns 50 Cost of goods sold 13,060 Advertising 6,500 Membership fees 330 Water and electricity 1,900 Telephone 800 Salaries & wages 28,000 Interest paid 1,200 171,850 48,150 70,000 5,670 48,030 171,850