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Inventory Equipment Accounts Receivable Note Payable (4 yr) $9,960 34,600 12,570 13,000 23,000 Common Stock 230 Interest Revenue Salary Expense Cost of Goods Sold 9,400

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Inventory Equipment Accounts Receivable Note Payable (4 yr) $9,960 34,600 12,570 13,000 23,000 Common Stock 230 Interest Revenue Salary Expense Cost of Goods Sold 9,400 15,000 20,800 5,500 Cash Dividends Retained Earnings, Jan 1, 2015 Accounts Payable Accumulated Depreciation (Equipment) Sales Income Tax Expense Prepaid Rent Utilities Expense Depreciation Expense 24,380 10,200 4,900 45,500 4,480 2,500 5,000 1,400 Prepare, in good form, a multiple step Income Statement, a Sta (You can receive partial credit)

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