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Pr 1 The Adjusted Trial Balance for the Alpine Company at the end of their year is shown below. Please present a Multi-Step Income
Pr 1 The Adjusted Trial Balance for the Alpine Company at the end of their year is shown below. Please present a Multi-Step Income Statement, Statement of Owner's Equity, and a Classified Balance sheet for the year in proper form. Alpine Company Adjusted Trial Balance December 31, 20X1 Debit Credit Cash Accounts Receivable Store Supplies 28,700 30,700 Merchandise Inventory 44,700 6,200 Store Equipment 85,000 Accum. Depr.-Store Eq. 22,000 Delivery Equipment 48,000 Accum. Depr.-Delivery Eq. 6,000 Accounts Payable 45,000 Salaries Payable 6,000 Notes Payable, Long Term 48,500 Tom Alpine, Capital 110,000 Tom Alpine, Drawing 19,300 Sales 746,400 Cost of Merchandise Sold 497,400 Sales Salaries Expense 55,000 Advertising Expense 24,400 Depreciation Expense-Store & Delivery Eq. 14,000 Office Salaries Expense 85,000 Office Utilities Expense 16,700 Misc. Office Expense Totals 28,800 983,900 983,900
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