Lawrence Company, Inc. December 31, 2017 Adjusted Trial balance Debit Credit 45,000 44,900 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable 2,000 80,000 2,400 5,000 40,000 16,500 16,000 41,000 Interest Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2017) Dividends Sales Sales Returns& Allowances Sales Discounts Cost of Goods Sold Delivery Expense Depreciation Expense Bad Debt Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Revenue 18,000 15,000 18,000 7,000 65,000 106,000 2,500 2,000 539,500 7,600 3,000 51,000 2,000 19,000 2,000 98,000 40,000 195,000 15,500 2,400 7,000 Loss on Disposal Interest Expense Income Tax Expense Total ,500 36,000 775,400 775,400 Part 2a: Prepare a Multi-step Income Statement ALL PAGES OF THIS DOCUMENT MUST BE UPLOADED TO D2L