Prepare multiple step income statement

2000 Inbrochucadortal/site/ a teddo . - Fr. M /tool/bba2091406540 3 033682050a/ delivery de VASSA ed Out Boray Gene Waypus M ack NN Debit Credit Account 25,000 Accounts payable Accounts receivable 26,400 6,600 Accumulated depreciation equipment Advertising expense 4,600 Cash 10,635 Cost of goods sold 169,365 Depreciation expense 6,200 Equipment 22,000 Equipment 18,000 Freight out Insurance expense M. Scott, capital M. Scott, drawings Merchandise inventory Mortgage payable 35.100 Prepaid insurance 800 Prepaid rent 2,000 Rent expense 24,000 Salaries expense 38,400 Sales 255,300 Sales discounts Sales returns and allowances Unearned revenue 1,050 Utilities expense 750 Using the template provided in the attached Excel file, complete a multi-step income statement for Michael Scott Paper Company for the year ended December 31, 2010. Once completed, save the file on a local drive with your student 9 8,250 5,100 Type here to search Prisen