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can you please help me with those blank one and tell me how you get them? thanks! The following amounts appeared on the Mendelstein Company's

image text in transcribedimage text in transcribedcan you please help me with those blank one and tell me how you get them?

thanks!

The following amounts appeared on the Mendelstein Company's adjusted trial balance as of October 31, 2020, the end of its fiscal year: Credit Debit $ 900 30,000 $ 26,340 36,925 2,000 100 86,400 6,500 1,025 42,500 Merchandise inventory Other assets Liabilities Joe Mendelstein, capital Joe Mendelstein, withdrawals Interest income Sales Sales returns and allowances Sales discounts Purchases Purchase returns and allowances Purchase discounts Transportation-in Sales salaries expense Rent expense, selling space Store supplies expense Advertising expense Office salaries expense Rent expense, office space Office supplies expense Totals 1,650 800 4,550 16,800 8,200 2,200 8,000 21,000 6,600 1,940 $152,215 $152, 215 5. Present a condensed single-step income statement that lists these expenses: cost of goods sold, selling expenses, and general and administrative expenses. MENDELSTEIN COMPANY Income Statement For Year Ended October 31, 2020 Revenues: Net sales $ 78,8751 100 78,975 $ Interest revenue Total revenues Expenses: General and administrative expenses Selling expenses 0 Total expenses The following amounts appeared on the Mendelstein Company's adjusted trial balance as of October 31, 2020, the end of its fiscal year: Credit Debit $ 900 30,000 $ 26,340 36,925 2,000 100 86,400 6,500 1,025 42,500 Merchandise inventory Other assets Liabilities Joe Mendelstein, capital Joe Mendelstein, withdrawals Interest income Sales Sales returns and allowances Sales discounts Purchases Purchase returns and allowances Purchase discounts Transportation-in Sales salaries expense Rent expense, selling space Store supplies expense Advertising expense Office salaries expense Rent expense, office space Office supplies expense Totals 1,650 800 4,550 16,800 8,200 2,200 8,000 21,000 6,600 1,940 $152,215 $152, 215 5. Present a condensed single-step income statement that lists these expenses: cost of goods sold, selling expenses, and general and administrative expenses. MENDELSTEIN COMPANY Income Statement For Year Ended October 31, 2020 Revenues: Net sales $ 78,8751 100 78,975 $ Interest revenue Total revenues Expenses: General and administrative expenses Selling expenses 0 Total expenses

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