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Marshals Trial Balance For the year ended March 31, 2020 Accounts payable $3000 Accounts receivable 7,500 Accumulated amortization, equipment 8,000 Advertising expense 3,500 Sales Discounts

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Marshals Trial Balance For the year ended March 31, 2020 Accounts payable $3000 Accounts receivable 7,500 Accumulated amortization, equipment 8,000 Advertising expense 3,500 Sales Discounts 300 Cash 1,300 Cost of goods sold 75,000 Equipment 76,110 Insurance expense 250 Interest expense Jen Duncan, capital 32,300 Jen Duncan, withdrawals 1,100 Inventory 2,200 Notes payable 6,000 Rent expense Rent payable Salaries expense 120 Sales 120,000 Sales returns and 1,500 Supplies 300 Supplies expense 40 Prepare a multiple-step income statement in good form for Marshals 160 120

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