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Part 2: NOTE: This is a DIFFERENT COMPANY. Using the trial balance below, complete the Multi-Step Income Statementand prepare the Statement of Retained Earnings and
Part 2: NOTE: This is a DIFFERENT COMPANY. Using the trial balance below, complete the Multi-Step Income Statementand prepare the Statement of Retained Earnings and Classified Balance Sheet on the pages which follow. To get full credit you must include all critical subtotals. Part 2: Patricks Company Adjusted Trial Balance December 31, 2017 DEBIT CREDIT Cash Accounts Receivable Allowance for Doubtful Accounts Short term Note Receivable Interest Receivable Supplies 3,460 800 130 350 Prepaid Expenses Equipment Accumulated Depreciation 1,970 670 50 5,600 2,160 46,800 hts Accounts Payable Interest Payable Unearned Revenue Term Note Payable Common Stock Paid-in-Capital In Excess of Par -CS Retained Earnings (1/1/15) Dividends Sales Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad debt expense 60 30 70 500 100 200 760 Amortization Expense nse Rent Expense Office Expense Supplies Selli Interest Expense Interest Revenue Income Tax Expense YOU MUST INCLUDE ALL PAGES OF THIS IN YOUR ASSIGNMENT SUBMISSION
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