Accounting - 2020 Homework: Chapter 5 PP MyLal Score: 0 of 1 pt E5-25 (similar to) 3 of 5 (3 cammplete) ALFRED STATE UN Efficient Business Systems uses a perpetual inventory system. The adjusted trial balance of Efficient Business Sys (Click the icon to view the adjusted trial balance.) My Cou Prepare Efficient's multi-step income statement for the year ended March 31, 2018. (Use a minus sign or parenthes course Assign Results Efficient Business Systems Income Statement Year Ended March 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expense Administrative Expens 232.000 104.400 127.800 Pearsol Multim Choose from any list or enter any number in the input field then cick Check Answer All parts showing Clear ALL 1e a Opa se apter 5 PP 3 of 5 (3 complete) B Data Table erpetual inventory sy ted trial balance.) statement for the ye Debit Credit 2.700 ient Business Syste Income Statement Ended March 31, 2 13.000 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable 31,400 6.800 43,100 14.100 9.400 700 7.500 26.400 Notes Payable, long-term Morley. Capital Morley, Withdrawals 45,000 Sales Revenue 232.000 Cost of Goods Solo Selling Expense Administrative Expense 104.400 27.100 14.100 2.500 290,100 S Interest Expense 290,100 Total number in the input f Print Done