i need income statement and impact on income

Requirement General Journal General Ledger Trial Balance Schedule of Receivables Schedule of Payables Income Statement Impact on Income The trial balance is a listing of all account balances from the General Ledger as of a specific date. Click on any Individual account balance to return to the General Ledger. The trial balance is only as accurate as the underlying Journal entries. If the total debits do not equal the total credits, you have a journal entry that is out of balance. If you have an abnormal ending balance (Indicated with brackets in the general ledger), you should review the journal entries that affected that account to ensure that the journal entries are correct. Show less Cabela's Company Trial Balance July 31, 2019 Account Title Debit Credit $ 20,635 7,000 5,625 Cash Accounts receivable - Creek Merchandise inventory Common stock Sales Sales retums and allowances Sales discounts Cost of goods sold Total 30,000 10,800 100 40 7,400 40,800 $ $ 40,800 General Journal General Ledger Schedule of Receivables Trial Balance Schedule of Payables Requirement Income Statement Impact on Income Prepare a multiple-step income statement through the calculation of gross profit. Cabela's Company Partial Income Statement For the Month Ended July 31, 2019 Sales 10,800 0 0 0 10,800 0 $ 10,800 Requirement General Journal General Ledger Trial Balance Schedule of Receivables Schedule of Payables Income Statement Impact on Income For each transaction, indicate the impact each item had on income and the dollar amount of the change in income, if any. Input decreases to net income as minus sign. Upon completion, compare the gross profit with the amount reported on the partial Income statement. Impact on Income Increase (decreaso) to Incorne July 1) Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 1. July 2) Sold merchandise to Creek Co. for $900 under credit terms of 2/10, 160, FOB shipping point, invoice dated July 2. July 2) The cost of the merchandise sold to Creek Co. was $500 July 3) Paid $125 cash for freight charges on the purchase of July 1 July B) Sold merchandise for $1,700 cash. July 8) The cost of the merchandise sold was $1,300. July 9) Purchased merchandise from Leight Co. for $2,200 under credit terms of 2/15, 1/60, FOB destination involce dated July 9, July 11) Received a $200 credit memorandum from Leight Co for the return of part of the merchandise purchased on July 9 July 12) Received the balance due from Creek Co. for the invoice dated July 2. net of the discount Prey 1 of 3 Next > July 12) Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. July 16) Paid the balance due to Boden Company within the discount period. July 19) Sold merchandise to Art Co. for $1,200 under credit terms of 2/15, 1/60, FOB shipping point, invoice dated July 19. July 19) The cost of the merchandise sold to Art Co. was $800. July 21) Issued a $100 credit memorandum to Art Co. for an allowance on goods sold on July 19. July 24) Paid Leight Cothe balance due, net of discount. July 30) Received the balance due from Art Co. for the invoice dated July 19, net of discount. July 31) Sold merchandise to Creek Co. for $7,000 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 31. July 31) The cost of the merchandise sold to Creek Co. was $4,800. Total gross profit $ 0