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answer all please Crane Store is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers.
answer all please
Crane Store 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 company's fiscal year on November 30, 2022, the following accounts appeared in two of its trial balances Unadjusted Adjusted Unadjusted Adjusted Accounts Payable $25,300 $25,300 $36,500 $36,500 30 100 30,100 79.400 79.400 Accounts Receivable Accumulated Depr.--Equipment 33,500 44,500 10,500 10,500 Cash 25,500 25,500 10,600 3,200 Cost of Goods Sold 500,000 500,000 2,500 6,400 6,400 2.500 Notes payable Owner's Capital Owner's Drawings Prepaid Insurance Property Tax Expense Property Taxes Payable Rent Expense Salaries and Wages Expense Sales Revenue Sales Commissions Expense Sales Commissions Payable Sales Returns and Allowances 145,500 145,500 15,000 15,000 11.000 96,000 Freight-Out Equipment Depreciation Expense Insurance Expense Interest Expense Interest Revenue Inventory 96,000 7.400 720,000 720,000 6,200 6,200 6,500 11,000 2.100 2,100 4,500 28.000 28,000 8,000 8.000 Utilities Expense 8,500 8.500 Prepare a multiple-step income statement. (List other revenues before other experts Enter nepathe amounts using either negative sign preording the numberes.-45 or porentheses es. (450) CRANE STORE Income Statement V Prepare an owner's equity statement. (List items that increase owner's equity first) CRANE STORE Owner's Equity Statement $ . Step by Step Solution
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