hello! I need to answer this problem, but omit instructions 2 and 3.

ooh I am sorry you needed information from prob 5-5b. I just need to answer instruction 1 and 4 of prob 5-6b.

Total assets: 3,500 OSHEET PR 5-6B Single-step income statement and account form of balance sheet 03.3 Selected accounts and related amounts for Kanpur Co, for the fiscal year ended June 30, 2014, are presented in Problem 5-5B. Instructions 1. Prepare a single-step income statement in the format shown in Exhibit 9. 2. Prepare a retained earnings statement 3. Prepare an account form of balance sheet, assuming that the current portion of the note payable is $7,000. 1. Prepare closing entries as of June 30, 2014 Selected transactions for Essex Company during July of the current you are listed in Chapter 5 Accounting for Merchandising Businesses 0.1 51. Journalire the entries to record the transactions of Miles Co. for March uning the periodic 262 PR 5-58 Multiple step income statement and report form of balance sheet 1. Net Income The following selected accounts and their current balances appear in the ledger of Kanpur $1,340,000 Co. for the fiscal year ended June 30, 2014 59,175,000 $ 92.000 Sales Cash 450,000 Sales Returns and Allowances 160.000 Accounts Receivable 90,000 GREEN Sales Discounts 375.000 Merchandise Inventory 5,620,000 Cost of Merchandise Sold 10.000 Office Supplies 850.000 Sales Salaries Expense 12.000 Prepaid Insurance 420.000 Office Equipment 220.000 Advertising Expense Accumulated Depreciation- Depreciation Expense- 33.000 Office Equipment S8.000 Store Equipment 650.000 Store Equipment 18,000 Miscellaneous Selling Expense 540,000 Accumulated Depreciation Office Salaries Expense 87,500 Store Equipment 48.000 Rent Expense Accounts Payable 48.500 Insurance Expense 24.000 Salaries Payable 4,000 Depreciation Expense 10.000 Note Payable Office Equipment final payment due 20323 140,000 Office Supplies Expense 4.000 Capital Stock 50.000 Miscellaneous Administrative Exp 6,000 Retained Earnings 381.000 Interest Expense 12.000 Dividends 300.000 Instructions 1. Prepare a multiple step income statement 2. Prepare a retained earnings statement. 3. Prepare a report form of balance sheet, assuming that the current portion of the note puyable is $7,000 Briefly explain (a) how multiple step and single-step income statements differ and (b) how report form and account form balance sheets differ, PR 5-6B Single-step income statement and account form of balance sheet Total Selected accounts and related amounts for Kanpur Co. for the fiscal year ended June 30, $1.06.500 2014, are presented in Problem 5-58 Instructions 1. Prepare a single-step income statement in the format shown in Exhibit 9. 2. Prepare a retained earings statement 3. Prepare an account form of balance sheet, assuming that the current portion of the note payable is $7.000 Prepare closing entries as of June 30, 2014 Appendix PR 5-78 Purchase-related transactions using periodic inventory system Selected transactions for desco during March of the current year are listed in Problem 5-11 Instructions Inventory system 5762 Appendix PR 348 Sales related and purchase-related transactions using periodic Inventory system Problem 5-38 Total assets: 3,500 OSHEET PR 5-6B Single-step income statement and account form of balance sheet 03.3 Selected accounts and related amounts for Kanpur Co, for the fiscal year ended June 30, 2014, are presented in Problem 5-5B. Instructions 1. Prepare a single-step income statement in the format shown in Exhibit 9. 2. Prepare a retained earnings statement 3. Prepare an account form of balance sheet, assuming that the current portion of the note payable is $7,000. 1. Prepare closing entries as of June 30, 2014 Selected transactions for Essex Company during July of the current you are listed in Chapter 5 Accounting for Merchandising Businesses 0.1 51. Journalire the entries to record the transactions of Miles Co. for March uning the periodic 262 PR 5-58 Multiple step income statement and report form of balance sheet 1. Net Income The following selected accounts and their current balances appear in the ledger of Kanpur $1,340,000 Co. for the fiscal year ended June 30, 2014 59,175,000 $ 92.000 Sales Cash 450,000 Sales Returns and Allowances 160.000 Accounts Receivable 90,000 GREEN Sales Discounts 375.000 Merchandise Inventory 5,620,000 Cost of Merchandise Sold 10.000 Office Supplies 850.000 Sales Salaries Expense 12.000 Prepaid Insurance 420.000 Office Equipment 220.000 Advertising Expense Accumulated Depreciation- Depreciation Expense- 33.000 Office Equipment S8.000 Store Equipment 650.000 Store Equipment 18,000 Miscellaneous Selling Expense 540,000 Accumulated Depreciation Office Salaries Expense 87,500 Store Equipment 48.000 Rent Expense Accounts Payable 48.500 Insurance Expense 24.000 Salaries Payable 4,000 Depreciation Expense 10.000 Note Payable Office Equipment final payment due 20323 140,000 Office Supplies Expense 4.000 Capital Stock 50.000 Miscellaneous Administrative Exp 6,000 Retained Earnings 381.000 Interest Expense 12.000 Dividends 300.000 Instructions 1. Prepare a multiple step income statement 2. Prepare a retained earnings statement. 3. Prepare a report form of balance sheet, assuming that the current portion of the note puyable is $7,000 Briefly explain (a) how multiple step and single-step income statements differ and (b) how report form and account form balance sheets differ, PR 5-6B Single-step income statement and account form of balance sheet Total Selected accounts and related amounts for Kanpur Co. for the fiscal year ended June 30, $1.06.500 2014, are presented in Problem 5-58 Instructions 1. Prepare a single-step income statement in the format shown in Exhibit 9. 2. Prepare a retained earings statement 3. Prepare an account form of balance sheet, assuming that the current portion of the note payable is $7.000 Prepare closing entries as of June 30, 2014 Appendix PR 5-78 Purchase-related transactions using periodic inventory system Selected transactions for desco during March of the current year are listed in Problem 5-11 Instructions Inventory system 5762 Appendix PR 348 Sales related and purchase-related transactions using periodic Inventory system Problem 5-38