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HELP! The company Muebles de la Montaa has the following transactions in its ledger. Make a multiple-step income statement: (This needs to be on excel
HELP! The company Muebles de la Montaa has the following transactions in its ledger. Make a multiple-step income statement: (This needs to be on excel format)
Cash | $75,000 | Sales | $1,650,000 |
Accumulated Depreciation-Truck | 15,000 | Account Receivable | 50,000 |
Building | 550,000 | Note Payable | 45,000 |
Truck | 35,000 | Joe Doe, Capital | 500,000 |
Cost of Merchandise Sold | 650,000 | Joe Doe, Drawings | 20,000 |
Advertising Expense | 12,000 | Administrative Expense | 3,300 |
Utilities Expense | 1,200 | Telephone Expense | 2,000 |
Supplies | 4,500 | Salaries Expense | 29,000 |
Salaries Payable | 3,000 | Equipment | 26,000 |
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