Instructions Multiple-Step Income Statement Owner's Equity Statement Balance Sheet tions Income Statement, Statement of Owner's Equity, and Balance Sheet ? Prepare a multiple-step income statement. 2. Prepare a statement of owners equity 3. Prepare a balance sheet aulson's Pet Store completed the work sheet below for the year ended December 31, 20-. Owner's equity as of January 1, 20-, was $22,268. The current portion of Mortgage Payable is $530 Paulson's Pet Store Work Sheet For Year Ended December 31, 20 TRIAL BALANCEADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT ACCOUNT TITLE 15,864 2,352 15.022_..-i (b) 16,470 (a) 15,022-16,470 15,864 2,352 16,470 15,864 Cash Accounts Receivable Merchandise Inventory 2,352 . Previous 12:41