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Arain at Halaare Depi C $ 100 2.600 Other Tata a Catal 1 500 2.100 Sales 1.500 Taret's adjusted trial balance on April 30, its
Arain at Halaare Depi C $ 100 2.600 Other Tata a Catal 1 500 2.100 Sales 1.500 Taret's adjusted trial balance on April 30, its fiscal year-end, is shown here (accounts in random order). (a) Prepare a multiple-step income statement that begins with gross sales and includes separate categories for net sales, cost of goods sold, selling ex- penses, and general and administrative ex- penses. (b) Prepare a single-step income statement that begins with net sales and in- cludes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses Sales and Cado 240 6.500 400 400 Berg 20 Op Restapee-gree ore OD 72 512.100
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