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P3-4 (L03,4,5,6) The trial balance of Bellemy Fashion Center contained the following accounts at November 30, the end of the companys fiscal year. Adjustment data:

P3-4 (L03,4,5,6) The trial balance of Bellemy Fashion Center contained the following accounts at November 30, the end of the companys fiscal year. Adjustment data: CREATE A MULTI-STEP INCOME STATEMENT

Cash $ 28,700.00
Accounts Receivable 33,700.00
Inventory 45,000.00
Supplies 1,500.00
Equipment 133,000.00
Accumulated Depreciation-Equipment $ 39,000.00
Notes Payable 51,000.00
Accounts Payable 48,500.00
Common Stock 90,000.00
Retained Earnings 8,000.00
Sales Revenue 757,200.00
Sales Returns and Allowances 4,200.00
Cost of Goods Sold 495,400.00
Salariesand Wages Expense 140,000.00
Advertising Expense 26,400.00
Utilities Expense 14,000.00
Maintenance and Repairs Expense 12,100.00
Delivery Expense 16,700.00
Rent Expense 24,000.00
Supplies 4,000.00
Depreciation Expense 15,000.00
Interest Expense 11,000.00
Interest Payable 11,000.00
$ 1,004,700.00 $ 1,004,700.00

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