Merchandising operations and the multi-step income statement - Excel PAGE LAYOUT 11 FILE HOME INSERT Calibri Paste BIU Clipboard Font A1 4 ? < FORMULAS DATA REVIEW VIEW % - Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Sign In A fx Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial B C 1 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance 2 is for the year ended December 31, 20X1. E 4 Account Titles 5 Cash 6 Accounts Receivable 7 Inventory 8 Prepaid Rent 9 Equipment 10 Accumulated Depreciation 11 Accounts Payable 12 Unearned Fees Debits Credits $37,500 28,600 43,300 2,000 69,000 $20,700 8,800 20,000 13 Long-term Notes Payable 75,000 14 J. Noodle, Capital 31,800 15 Sales Revenue 175,500 16 Sales Returns and Allowances 1 7001