Exercise 3-15 Single-step and multistep income statements LO 3-3 The following information was taken from the accounts of Healthy Eats, a delicatessen, at December 31 2014. The accounts are listed in alphabetical order, and each has a normal balance. 9 Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Interest expense Merchandise inventory Prepaid rent Retained earnings Sales revenue Salaries expense Rent expense Loss on sale of land S 613 413 200 423 213 9 57 320 53 648 1,130 260 100 78