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Multi-Step income statement Credit Debit 3,700 13,300 31,700 6,700 42,200 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries

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Credit Debit 3,700 13,300 31,700 6,700 42,200 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Bingham, Capital Bingham, Withdrawals Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 13,500 9.100 1,100 7,500 23,800 40,500 238,000 1.600 2,000 107,100 26,800 14,800 2,600 293,000 $ Total 293,000

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