prepare multi step income statemng

Cash Accounts receivable Merchandise inventory Office supplies Store equipment Accumulated depreciation-store equipment Office equipment Accumulated depreciation-office equipment Accounts payable Notes payable A. Brookstone, Capital A. Brookstone, Withdrawals Sales Sales discounts Brookstone Art Supplies Adjusted Trial Balance December 31 Sales returns and allowances Cost of goods sold Selling expenses General and administrative expenses Interest expense Totals Debit $ 9,400 25,000 36,000 900 75,000 60,000 48,000 6,000 16,500 195,000 32,500 19,800 600 $ 524,700 Credit $ 22,000 15,000 42,000 10,000 110, 700 325,000 $ 524,700

Brookstone Art supplies: Adjusted Trial Balance December 31 Debit Credit Cash \$ 9,400 Accounts receivable 25,000 Merchandise inventory 36,000 Office supplies 900 store equipment 75,000 Accumulated depreciation-store equipment $22,000 office equipment 60,000 Accumulated depreciation-office equipment 15,00042,00010,000110,700 Accounts payable 42,000 Notes payable 10,000 A. Brookstone, Capital 110,700 A. Brookstone, Withdrawals 48,000 325,000 Sales Sales discounts 6,000 Sales returns and allowances 16,500 Cost of goods sold 195,000 Selling expenses 32,500 General and administrative expenses 19,800 Interest expense 600 Totals $524,700 $524,700