Gecko Company Adjusted Trial Balance December 31, 2018 Account Titles DR CR Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Store Equipment Accumulated Depreciation - Equipment Accounts Payable $14,600 $5,700 $6,500 $1,700 $40,300 Unearned Revenue $3,000 $6,100 $5,900 $18,000 $31,170 Notes Payable Gecko, Capital Gecko, Drawings Sales Revenue $1,600 $51,430 Gain on Sale of Equipment $4,400 Cost of Goods Sold $15,400 $3,000 $700 Depreciation Expense - Equipment Interest Expense Advertising Expense Rent Expense - Retail Space Rent Expense - Office Space Sales Salaries Expense Office Salaries Expense $1,500 $10,400 $5,100 $8,900 $4,600 $120,000 $120,000 Total b) Prepare a statement of owner's equity. Gecko Company Statement of Owner's Equity For the Year Ended December 31, 2018 Gecko, Capital (Beginning) $ Add: Net Income Less: Gecko, Drawings $ Subtotal $ Gecko, Capital, December 31, 2018 $ Assets Current Assets $ $ $ Total Current Assets $ Property, Plant, and Equipment $ $ Total Property, Plant, and Equipment $ Total Assets $ Liabilities Current Liabilities $ Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities $ Total Liabilities $ Owner's Equity $ Total Owner's Equity $ Total Liabilities and Owner's Equity $ Required a) Prepare a multi-step income statement. Do not enter dollar signs or commas in the input boxes. Enter the accounts into the appropriate statements in the order they are presented on the trial balance Do not use negative signs. Gecko Company Income Statement For the Year Ended December 31, 2018 Sales Revenue $ Cost of Goods Sold $ Gross Profit Operating Expenses Selling Expenses $ $ > $ $ Total Selling Expenses Administrative Expenses Total Administrative Expenses Total Operating Expenses $ Income from Operations $ Other Income and Expenses a $ $ Net Income $ Con Required a) Prepare a multi-step income statement. Do not enter dollar signs or commas in the input boxes. Enter the accounts into the appropriate statements in the order they are presented on the trial balance. Do not use negative signs. Gecko Company Income Statement For the Year Ended December 31, 2018 Sales Revenue Cost of Goods Sold $ Gross Profit $ Operating Expenses Selling Expenses . $ $ Total Selling Expenses Administrative Expenses $ $ Total Administrative Expenses $ Total Operating Expenses $ Income from Operations $ Other Income and Expenses $ $ $ Net Income $