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Bennett reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2020: EE (Click the
Bennett reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2020: EE (Click the icon to view the accounts and balances.). Prepare Bennett's multi-step income statement for the year ended July 31, 2020. (Use a minus sign or parentheses to show other expenses.) --- 20/2021 Account Cash $ $ 18 900 3.000 Cost of Goods Sold 1.100 Equipment Net 4,400 Accrued Liabilities 10.000 1-400 3 535 Net Sales Revenue Selling Expenses Accounts Payable C. Camilia, Capital Note Payable, Long-term Inventory Administrative Expenses 29 400 1 200 Accounts Receivable 2 800 1000 interest Expense 35 3100
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