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create the multistep income statement Given the following Trial Balance for Year Ended 2019 Trial Balance Debit Credit 27,000.00 5,000.00 2,000.00 1,500.00 8,500.00 2,000.00 10,000.00

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create the multistep income statement

Given the following Trial Balance for Year Ended 2019 Trial Balance Debit Credit 27,000.00 5,000.00 2,000.00 1,500.00 8,500.00 2,000.00 10,000.00 Cash Accounts Receivable Prepaid Insurance Inventory Computer Eauipment Accumulated Depreciation Long term Investments Accounts Payable Salary Payable Unearned Revenue Long term Loan Payable Common stock Retained earnings (beginning) Dividends Sales/Revenue Cost of Goods Sold Salary Expense Advertising Expense Insurance Expense Depreciation Expense Totals 17,500.00 1,150.00 1,000.00 2,000.00 17,500.00 11,250.00 3,200.00 9,000.00 1,000.00 1,500.00 1,000.00 400.00 300.00 61,400.00 61,400.00

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