I was wondering if you could help me with my accounting problem, Chapter 5 problem 5-4A in the book fundamental accounting principles.

the August I Du heu 2 Received Chic Jewenery multiple-step Problem 5-5A Income staten CHECK FIGURE: 1. Income from c The following amounts appeas end of its fiscal year 30 Paid Luu Company the amount due from Cel m 5-4A Adjusting entriles and multi-step Income statement- perpetual LOS Xee FIGURES: 1. Income statement columns $529,310: 2. Profit $5,025 Information fro accounting period, is as follows: n the unadjusted trial balance of Jumbo's on December 31, 2017, the end o Other assets Credit Accounts recelvable Merchandise inventory Store supplies ortice suppies -- Prepaid insurance .. $ 8,100 .22,665 34,600 2,415 775 Brenda Davi Brenda Dav Interest inc Saies Sales disc Sales retu Cost of go Sales sala Rent expe Store sup 3,255 74,490 s 13,655 8,000 Accounts payable. Salaries payable Sally Fowler, capital... Sally Fowler, withdrawals.. Interest income.. Sales Sales returns and alowances Cost of goods sold Salaries expense Rent expense Supplies expense Depreciation expense, equipment. Insurance expense Totals 168,965 Office s Rent exp Office s Totals 62,000 310 529,000 5,070 381,160 96,300 24,100 Required 1. Prepare a classified the company's net amounts of elling 2. Present a condense goods sold, selling $719,30 $719.430 370 CHAPTER S Accounting for Merchandising Activities rd adjusting entries for the following information. a. A review of the store supplies on December 31,2017, revealed a balance on hand of $2.000, 1 Record a similar examination of the office supplies showed that $640 had been usesd b. The balance in the Prepaid Insurance account was reviewed and it was determined that 5255 was unused at December 31, 2017 e. The records show that the equipment was estimated to have a total estimated useful life of 10 years with a resale value at the end of its life of $14,490. d. Accrued salaries payable, $1,800 e. A count of the merchandise inventory revealed a balance on hand December 31, 2017, of 33,800. 2 Using adjusted trial balance numbers, prepare a multiple-step income statement showing the ex- penses in detail. ulysls Component: Explain why Interest income is shown under Other revenues and expenses on the tple step income statement. Problem 5-5A Income statement calculations and formats-perpetual LOS CHECK FIGURE: 1. Income from operations $55,000 he tollowing amounts appeared on Davison Company's adjusted trial balance as of October 31, 2017, the nd of its fiscal gear Credit Debit s 16,000 256,800 Merchandise inventory Other assets $ 78,400 203.280