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How do I do this Income Statement? For Year Ended January 31, 2021 $ 0 $ 0 0 + 0 Net sales 0 0 Gross
How do I do this Income Statement?
For Year Ended January 31, 2021 $ 0 $ 0 0 + 0 Net sales 0 0 Gross profit 0 0 0 Trial Balance January 31, 2021 Account Title Credit $ 11 Dobit 15,050 11,700 7,950 2,800 67,000 Cash Merchandise inventory Store supplies Prepaid insurance store equipment Accumulated depreciation - Store equip. Accounts payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Salaries expense Rent expense Advertising expense Total 30,150 13,600 8,600 32,400 4,900 130,000 2G 3,900 4,100 39,000 34,000 13,600 10.750 214,750 $ $ 214,750 Step by Step Solution
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