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Pamela Potter Theater Company uses a perpetual inventory system. The adjusted trial balance of Pamela Potter Theater Company at June 30, 2018, follows: Click the
Pamela Potter Theater Company uses a perpetual inventory system. The adjusted trial balance of Pamela Potter Theater Company at June 30, 2018, follows: Click the icon to view the adjusted trial balance.) Data Table Read the requirements. Requirement 1. Prepare Pamela Potter's multi-step income statement for the year ended June 30, 2018. (Use a minus sign or Pamela Potter Theater Company Income Statement Year Ended June 30, 2018 Pamela Potter Theater Company Adjusted Trial Balance June 30, 2018 Balance Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Eamings Dividends Sales Revenue Debit Credit 4,100 38,300 17,200 600 39,200 8,900 13,900 900 6,600 14,000 16,000 3,600 Net Income (Loss) Requirement 2. Journalize Pamela Potter's closing entries. (Record debits first, then credits. Select the explanation on the last line of th 43,500 187,000 Pamela Potter Theater Company uses a perpetual inventory system. The adjusted trial balance of Pamela Potter Theater Company at June 30, 2018, follows: Click the icon to view the adjusted trial balance.) Data Table Read the requirements. Requirement 1. Prepare Pamela Potter's multi-step income statement for the year ended June 30, 2018. (Use a minus sign or Pamela Potter Theater Company Income Statement Year Ended June 30, 2018 Pamela Potter Theater Company Adjusted Trial Balance June 30, 2018 Balance Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Eamings Dividends Sales Revenue Debit Credit 4,100 38,300 17,200 600 39,200 8,900 13,900 900 6,600 14,000 16,000 3,600 Net Income (Loss) Requirement 2. Journalize Pamela Potter's closing entries. (Record debits first, then credits. Select the explanation on the last line of th 43,500 187,000
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