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prepare an income statement based on the information from the trial balance Nelson Company Trial Balance 31-Jan-17 1000 12500 5800 2400 42900 Cash Merchandise Inventory

image text in transcribedprepare an income statement based on the information from the trial balance
Nelson Company Trial Balance 31-Jan-17 1000 12500 5800 2400 42900 Cash Merchandise Inventory Store Supplies Prepaid Insurance Store Equipment Accumulated Depreciation - SE Accounts Payable Common Stock Retained Earnings Dividends Sales Sales Discounts Sales Returns and Allowances Cost of goods sold Salaries Expense Rent Expense Advertising Expense Total 15250 10000 5000 27000 2200 111950 2000 2200 38400 35000 15000 9800 169200 169200

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