accounting 120 chapter 5

The Deluse 5 tore is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the compary's fiscal year on November 30,2022 , the following accounts appeared in two of its tria) balances. All accounts balances are normal. Liabilities and Stockholders' Equity 5 The Deluxe Store is located in midtown Madicon. During the past several years, net income has been declining because of auburban shopping centers At the end of the coeripany's fiscal year on November 30 . 2022. the following accounts appeared in two of its triaf balances All accounts balances are normal: Prepace a muitigle-step income statement, itist other revenues befove other expenses. If there is a net loss then enter the ansount using either d nrjotive sign preceding the number e.s. 45 or pdrentheies e 3 . (45). Prepare setained earnings statement. (tist items that increase retained cornings first.) (i13) Prepare a balance sheet. Notes payable are due in 2025 . (List Current Assets in order of liquidity.)