Excel Saved 2 is for the year ended December 31, 20X1. 3 4 $37,500 28,600 43,300 2,000 69,000 SOK Ek 5 Cash 6 Accounts Receivable 7 Inventory 8 Prepaid Rent 9 Equipment 10 Accumulated Depreciation 11 Accounts Payable 12 Unearned Fees 13 Long-term Notes Payable 14. Noodle, Capital 15 Sales Revenue 16 Sales Returns and Allowances 17 Sales Discounts 18 Cost of Goods Sold 19 Salaries and Wages Expense 20 Depreciation Expense 21 Rent Expense 22 Interest Expense 23 Loss on Sale of Equipment 24 Totals $20,700 8,800 20,000 75,000 31,800 175,500 int ences 4,700 6,000 67,700 25,900 13,800 24,000 1.600 7.700 S31 $331.800 Prev 1 of 1 : Next Q 0 Excel SIM: Merchandising operations and the multi-step income statement 1. Prepare and analyze a merchandiser's multi-step income statement ? FILE 5. HOME * Calibri Merchandising operations and the multi-step income statement - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW INSERT DOK sk % Paste int BIU- A Alignment Number Conditional Format as Cell Formatting Table Styles Cells Editing Ciboard ences Font A12 V -- fx Unearned Fees D A 1 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance is for the year ended December 31, 20x1. 2 3 Account Titles Cash 5 Credits Debits $37.500 Proy 1 of 1 !! Noxt 13 0 14 f5 Co 1700 18 f103