Multiple-Step Income statement On March 31, 20r9, the balances of the accounts appearing in the ledger of Roval Fumistings Company, a furnture store, are as follows: a. Prepare a multigle-step income statement for the fiscal vear ended March 31 , 20Vg. a. Prepare a multiple-step income statement for the fiscal year ended March 31, 20 Y9. b. What is a major advantage of the multiple-step income statement over the single-step income statement