ol Discount Business Systems uses a perpetual inventory system. The adjusted trial balance of Discount Business Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Prepare Discount's multi-step income statement for the year ended March 31, 2024. (Use a minus sign or parentheses to show other expenses.) Data table 4 Discount Business Systems Adjusted Trial Balance March 31, 2024 Account Title Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Equipment $ Debit Balance 2,500 13,400 30,800 1,200 6,700 43,100 e Credit 12.100 - X 1 Clear all Che

Discount Business Systems uses a perpetual inwentory system. The adjusted trial balance of Discount Business Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Prepare Discount's multi-step income statement for the year ended March 31, 2024. (Use a minus sign or parentheses to show other expenses.) Data table \begin{tabular}{|lr|} \hline Accumulated Depreciation-Equipment & $13,400 \\ Accounts Payable & 6,000 \\ Refunds Payable & 2,000 \\ Salaries Payable & 550 \\ Notes Payable, long-term & 7,900 \\ Common Stock & 16,000 \\ Retained Earnings & 5,850 \\ Dividends & \\ Sales Revenue & 232,000 \\ Sales Discounts Forfeited & 800 \\ Cost of Goods Sold & \\ \hline Selling Expense & \\ \hline \end{tabular} Data table