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Prepare a profit and loss statement using the following values; complete using excel format. ( 1 5 pts ) . Sales returns $ 5 ,

Prepare a profit and loss statement using the following values; complete
using excel format. (15pts).
Sales returns $5,000
Freight In 15,000
Insurance expense 2,000
Merchandise inventory
7/1/2140,000
Salary expense 25,000
Interest expense 11,000
Merchandise inventory
6/30/2245,000
Sales 270,000
Supply expense 15,000
Utility expense 15,000
Advertising expense 10,000
Delivery expense 15,000
Travel expense 10,000
Purchases 115,000
Purchase returns&allow. 3,000
how do i do this profit and loss statment on excel

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