NELSON COMPANY Unadjusted Trial Balance January 31, 2013
	Debit		Credit
Cash	$	29,100
Merchandise inventory		12,500
Store supplies		5,500
Prepaid insurance		2,600
Store equipment		42,900
Accumulated depreciationStore equipment			$	18,650
Accounts payable				16,000
Common stock				16,000
Retained earnings				21,000
Dividends		2,250
Sales				114,500
Sales discounts		1,900
Sales returns and allowances		2,300
Cost of goods sold		38,000
Depreciation expenseStore equipment		0
Salaries expense		25,200
Insurance expense		0
Rent expense		14,000
Store supplies expense		0
Advertising expense		9,900
Totals	$	186,150	$	186,150

2.	Prepare a multiple-step income statement for fiscal year 2013.

3.	Prepare a single-step income statement for fiscal year 2013.