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Credit 5560.000 The adjusted trial balance of Nick company contained the following information: Debit. Sales Revenue Sales Returns and Allowances $ 15,000 Sales Discounts 7,000

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Credit 5560.000 The adjusted trial balance of Nick company contained the following information: Debit. Sales Revenue Sales Returns and Allowances $ 15,000 Sales Discounts 7,000 Cost of Goods Sold 323.000 Freight-out 2.000 Advertising Expense 15,000 Interest Expense 18,000 salaries and Wages Expense 65,000 Utilities Expense 28.000 Depreciation Expense 7,000 Interest Revenue 27.000 instructions Use the above information to prepare a multiple-step income statement for the year ended December 31, 2012 use the editor to format your

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