a) Prepare a multiple-step income statement

b) Prepare a owner's equity statement for January (list items that increase owner's equity first)

c) Prepare a classified balance sheet at the end of January (list current assets in order of liquidity)

Prepare a trial balance at January 31, 2020, in the trial balance columns of the worksheet. Complete the worksheet using the following additional information. 1. Office supplies at January 31 total $900. 2. Insurance coverage expires on October 31, 2020. 3. Annual depreciation on the equipment is $1,500. 4. Interest of $50 has accrued on the note payable. SUNLAND COMPANY Worksheet For the Month Ended January 31, 2020 Adjustments Adjusted Trial Balance Trial Balance Income Statement Balance Sheet Dr. Cr. Account Titles Dr. Dr. Dr. Cash 46908 46908 - Accounts Receivable 24100 24100 Notes Receivable 41000 9-9-3-3- - Inventory PEPPEPPE - Supplies - - - Prepaid Insurance 133 . 9:25 PM Equipment Accum. Depreciation-Equipment Notes Payable - 9 Accounts Payable - 9- Interest Payable IT 9- Owner's Capital 9- Owner's Drawings ITTHODDIDIIGI - Sales Revenue - 99 - Sales Returns and Allowances Sales Discounts 1-33 Cost of Goods Sold Salaries and Wages Expense Rent Expense Totals 208300 208300 Supplies Expense Insurance Expense Depreciation Expense NJENE 135K Interest Expense Totals 1425 126779 Net Income 22219 Totals 149994