Accum Depreciation Store Insurance Expense-Selling file as FMERCH3. Reprint the worksheet. 4 Compare the May and June income statements. Comment on any trends noted. Accounts $ 14,175 400.500 30.000 4.500 Accounts Receivable Equipment Advertising Expense Common Stock Depreciation Expense Dividends Insurance Expense- General $157. paid Insurance 132, 164.2 urchases Discount ant Expense - General 72,000 Rent Expense-Selling 37.765 Retained Earnings, beginning 100,000 Salaries Expense-General 12,000 Salaries Expense-Selling 127.000 Salaries Payable 975 Sales Cash 15,000 298,580 27.000 120,000 6.900 862,500 8.850 Sales Discount 154,500 Store Equipment Merchandise Inventory Merchandise Inventory. 37.50 435,00 beginning 93,000 Store Supplies ending 3.3 Store Supplies Expense 16. CHANALYSIS 5. Ca the Chart sheet tab on the FMERCH3 file. You will see a chart depicting the trend in sales, gross profit, and net income. What favorable and unfavorable see in this month-to-month comparison? Comment on any unusual change assignment is complete, close the file without saving it again. 41 Accum Depreciation Store Insurance Expense-Selling file as FMERCH3. Reprint the worksheet. 4 Compare the May and June income statements. Comment on any trends noted. Accounts $ 14,175 400.500 30.000 4.500 Accounts Receivable Equipment Advertising Expense Common Stock Depreciation Expense Dividends Insurance Expense- General $157. paid Insurance 132, 164.2 urchases Discount ant Expense - General 72,000 Rent Expense-Selling 37.765 Retained Earnings, beginning 100,000 Salaries Expense-General 12,000 Salaries Expense-Selling 127.000 Salaries Payable 975 Sales Cash 15,000 298,580 27.000 120,000 6.900 862,500 8.850 Sales Discount 154,500 Store Equipment Merchandise Inventory Merchandise Inventory. 37.50 435,00 beginning 93,000 Store Supplies ending 3.3 Store Supplies Expense 16. CHANALYSIS 5. Ca the Chart sheet tab on the FMERCH3 file. You will see a chart depicting the trend in sales, gross profit, and net income. What favorable and unfavorable see in this month-to-month comparison? Comment on any unusual change assignment is complete, close the file without saving it again. 41