er 5: Problems 4 of 8 (3 complete) d trial balance of Thomas Department Store at December 31, 2016, follows: statement for the year ended December 31, 2016. Assume ending Merchandise Inventory is $36,200. (Use t in the next step. 1 Requirements Prepare Thomas Department Store's multi-step income statement for the year ended December 31, 2016. Assume ending Merchandise Inventory is $36,200. 1. 2. Journalize Thomas Department Store's closing entries. Print Done then click Check Answer Clear All er 5: Problems 4 of 8 (3 complete) d trial balance of Thomas Department Store at December 31, 2016, follows: statement for the year ended December 31, 2016. Assume ending Merchandise Inventory is $36,200. (Use t in the next step. 1 Requirements Prepare Thomas Department Store's multi-step income statement for the year ended December 31, 2016. Assume ending Merchandise Inventory is $36,200. 1. 2. Journalize Thomas Department Store's closing entries. Print Done then click Check Answer Clear All