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added all the headings to make it easier. thanks The work sheet for Benson Inc. is shown below Complete the classified multi-step income statement on

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The work sheet for Benson Inc. is shown below Complete the classified multi-step income statement on the right Bonsoning Income Statement For the year ended December 31, 2014 X Net sales Gross profit from sales Operating expenses Selling expenses X Total selling expenses General and administrative expenses X Balance sheet and incomo Statement of Statement Changes in Equity Debit Credit Debit Credit Accumulated Depreciation Office Equipment 29,000 Accumulated Depreciation Store Furniture 19,500 Cost Of Goods Sold 111,000 Depreciation Expense, Office Equipment 12,000 Depreciation Expertise, Store Fumiture 11,500 Dividends 26,000 Income Taxes Expense 18.800 Income Taxes Payable 18.800 Interest Expense 35,500 Liabilities 72,500 Merchandise Inventory 211,000 Office Equipment 162,000 Office Salaries Expanse 69,000 Office Supplies Expense 74,500 Rent revenue 280,500 Retained Earrings 122.500 Sales 378,500 Sales Discounts 20,500 Sales Returns and Allowances 19,000 Salos Saiaries Expense 135,000 Share Capital 144,500 Store Furniture 83.000 Store Supplies Expenso 77.000 Totals 583,800 659,000 482.000 400.000 Net Income 75,200 75,200 Totals 659,000 650,000 482.000 482.000 Total general and administrative expenses Total operating expenses X+ Other revenues and expenses X Income before tax X + Choose an Account or Heading ategories: Accounts and Headings: Accounts payable ssets Accounts receivable Liabilities Accumulated depreciation, automobiles quity Accumulated depreciation, boats Equity Accumulated depreciation, building Revenues Accumulated depreciation, equipment Expenses Accumulated depreciation, furniture Other Accumulated depreciation, land improvements Headings & Totals Accumulated depreciation, machinery Accumulated depreciation, office equipment Accumulated depreciation, office fixtures Accumulated depreciation, office furniture Accumulated depreciation, store equipment Accumulated depreciation, store fixtures Accumulated depreciation, store furniture Accumulated depreciation, trucks Advertising expense Advertising payable Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: II Advertising payable ssets Assets Liabilities Automobiles quity Boats Equity Bonds payable Revenues Building Expenses Cash Other Commissions earned Headings & Totals Consulting revenue earned Copyright Cost of goods sold Current assets Current liabilities Delivery expense Depreciation expense Depreciation expense, automobiles Depreciation expense, boats Depreciation expense, building Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: Depreciation expense, building ts Depreciation expense, equipment lities Depreciation expense, furniture ty Depreciation expense, land improvements uity Depreciation expense, machinery venues Depreciation expense, office equipment penses Depreciation expense, office fixtures ner Depreciation expense, office furniture adings & Totals Depreciation expense, store equipment Depreciation expense, store fixtures Depreciation expense, store furniture Depreciation expense, trucks Dividends Equipment Equity Furniture General and administrative expenses Gross nrofit from sales Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: II Gross profit from sales ssets Income before tax iabilities Income from operations Equity Income summary Equity Income taxes expense Revenues Income taxes payable Expenses Insurance expense Other Intangible assets Headings & Totals Interest earned Interest expense Interest payable Interest receivable Investment in bonds Issuance of shares Land Land improvements Liabilities Liabilities Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: II Liabilities ssets Long-term investment in shares iabilities Long-term investments _quity Long-term liabilities Equity Long-term notes payable Revenues Loss from operations Expenses Machinery Other Merchandise inventory Headings & Totals Mortgage payable Net income Net loss Net sales Notes receivable Office equipment Office fixtures Office furniture Office salaries expense Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: II Office supplies expense assets Operating expenses Liabilities Other revenues and expenses Equity Patents Equity Prepaid advertising Revenues Prepaid insurance Expenses Prepaid interest Other Prepaid rent Headings & Totals Property taxes expense Property taxes payable Property, plant and equipment Rent expense Rent expense, office space Rent expense, selling space Rent payable Rent receivable Rent revenue Retained earnings Search: Erase Cancel Choose an Account or Heading egories: Accounts and Headings: Retained earnings sets Salaries expense bilities Salaries payable uity Sales quity Sales discounts evenues Sales returns and allowances xpenses Sales salaries expense Other Selling expenses eadings & Totals Share capital Short-term notes payable Store equipment Store fixtures Store furniture Store supplies expense Supplies Supplies expense Total assets Total current assets Search: Erase Cancel Choose an Account or Heading tegories: Accounts and Headings: nota current assets ssets Total current liabilities abilities Total equity quity Total general and administrative expenses Equity Total intangible assets Revenues Total liabilities Expenses Total liabilities and equity Other Total long-term investments eadings & Totals Total long-term liabilities Total operating expenses Total property, plant and equipment Total selling expenses Trademark Trucks Unearned consulting revenue Unearned rent Unearned revenue Utilities expense Search: Erase Cancel

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