Problem 10-08A al-a3 (Part Level Submission) The adjusted trial balance of Pharoah Company for the year ended December 31, 2020, is as follows. Credit $33,000 34,000 11,000 52,000 $1,500 5,500 Cash Accounts Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Unearned Service Revenue Sales Taxes Payable Salaries and Wages Payable FICA Taxes Payable Interest Payable Bonds Payable Mortgage Notes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Rent Expense Bad Debt Expense 3,000 15,000 7,100 2,600 2,800 500 1,400 13,500 11,000 19,500 13,400 216,900 120,000 44,000 10,000 6,000 2.000 MacBook Pro Q Search or type URL Salanes and wayes rayavie FICA Taxes Payable Interest Payable Bonds Payable Mortgage Notes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Rent Expense Bad Debt Expense Interest Expense Dividends Discount on Bonds Payable 2,000 500 1,400 13,500 11,000 19,500 13,400 216,900 120,000 44,000 10,000 6,000 2,000 400 500 800 $313,700 $313,700 The notes payable is due on January 10, 2021, and the mortgage notes payable matures in (21) deo) Your answer is correct. 09 -12 Prepare a multiple-step income statement for the year ending December 31, 2020. PHAROAH COMPANY Income Statement For the Year Ended December 31, 2020 MacBook Pro WW, SVET PHAROAH COMPANY Balance Sheet December 31, 2020 Assets Current Assets Cash Accounts Receivable Add abilities and Stockholders' Equity 09 Current Liabilities MacBook Pro c a Search or type URL a WER ASD eygandt, Financial and Managerial, 3e er 1 System Announcements Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Notes Payable Bonds Payable MacBook Pro Q Search or type URL RELILLLLL Bonds Payable Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total abilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work 03 : MacBook Pro Q Search or type URL