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Current Attempt in Progress An alphabetical list of Sheridan Company adjusted accounts at its fiscal year end, August 31,2024 , follows. All accounts have normal
Current Attempt in Progress An alphabetical list of Sheridan Company adjusted accounts at its fiscal year end, August 31,2024 , follows. All accounts have normal balances. Additional information: 1. Of the notes payable. $6,300 becomes due on February 17,2025 . The balance is due in 2026. 2. On July 18,2024,R, Garcia invested $3,700 cash in the business. Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheseseg. (45). Prepare a statement of owner's equity. (List item that increases Owner's Equity first) Prepare a classified balance sheet. (List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Equipment and Furniture.) Calculate the gross profit margin and profit margin. (Round answers to 1 decimal ploce, e. 52.7% ) Gross profit margin Profitmargin
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