Calculator Sales-related transactions Sayers Co, sold merchandise on account to a customer for $83,000 terms 2/10, 1/30. The cost of the goods sold was $67,000 3. Journalie Sayers' entries to record the sale, using the method under a perpetual inventory system. If an amount box does not require an entry, leave it bank Accounts Receivable b. Journalize the receipt of payment within the discount period. If an amount box does not require an entry, leave it blank 6. Journalize the entry to record the receipt of payment beyond the discount period of 10 days. If an amount box does not require an entry leave it blank Previous Subfest for Grading MacBook Air 11 13 * 1 $ 4 & 7 3 9 5 6 8 O V E U R Y T F H J D KL C V V B N M 28 28 mmand Command Calculator Multiple-Step Income Statement On March 31, 2089, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows: Accounts Receivable $170,000 Inventory $1,010,700 Accumulated Depreciation--Building 773,000 Notes Payable 276,600 Administrative Expenses 530,300 Omice Supplies 19,100 Building 2,616,650 Reine Earnings 1,310,950 Cash 183,300 Salaries Payable 8,050 Common Stock 288,550 Sales 6,169,750 Cost of Goods Sold 3,934,950 Selling Expenses 685,500 Dividends 183,150 Store Supplies 91,800 Interest Expense 10,150 - Prepare a multiple-step income statement for the fiscal year ended March 31, 2009. Royal Furnishings Company Income Statement For the Year Ended March 31, 2019 Sales C. Cost of goods sold 314 Gross pro Expo Selling expenses Next Sur le for at MacBook Air $ 4 3 96 5 & 7 6 8 9 N E 70 T Y U 1 O P S D F G H J K V C V B N 3 * * command Interest Expense 10,150 0 a. Prepare a multiple-step income statement for the fiscal year ended March 31, 2019, Royal Furnishings Company Income Statement For the Year Ended March 31, 2049 Salles 6,188,790 Cost of goods sold Gross profit Expenses Selling expenses Administrative expenses Total expenses Operating income Interesten 11 What is a major advantage of the multiple-step income statement over the single-step income statement The multiple-step income statement shows the relationship of gross profitto sales 1/3 items All work Sube MacBook Air & $ 4 3 5 6 8 9 Q E R Y 1 0 4 S D F H J K