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Prepare a multi-step income statement, retained earnings statement, and classified balance sheet from the following information Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Office
Prepare a multi-step income statement, retained earnings statement, and classified balance sheet from the following information
Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Office Supplies Prepaid Insurance Land Equipment Accumulated Depreciation - Equipment Notes Payable, due March 31, 2019 Accounts Payable Unearned Revenue Salaries & Wages Payable Notes Payable, due December 31, 2025 Common Stock Retained Earnings Dividends Sales Sales Discounts Cost of Goods Sold Salaries & Wages Expense Advertising Expense Utilities Expense Depreciation Expense Supplies Expense Freight Out Interest Expense Interest Revenue Gain on Sale of Equipment Loss on Sale of Equipment 63 ,200 4? ,ooo 19,700 6 ,ooo 3 ,500 260,000 134,000 8 ,ooo 6,500 39,000 18,500 14,300 11,000 13,000 8,500 5,400 1,200 2 ,ooo 2,500 24,000 3 ,ooo 29 ,ooo 16 ,ooo 1,900 59 ,ooo 75000 281,350 162,000 250 1,800
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