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Problem SA-4A al-a3, b-c (Part Level Submission) The Stellar Store is located in midtown Madison. During the past several years, net income has been declining

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Problem SA-4A al-a3, b-c (Part Level Submission) The Stellar Store is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's fiscal year on November 30, 2017, the following accounts appeared in two of its trial balances Unadjusted $10,900 Accounts Payable Accounts Recevable Accumulated Depr. - Equipment Cash Depreciation Expense Equipment Freight-in Insurance Expense Interest Expense Interest Revenue Inventory Notes payable Owner's Capital Owner's Drawings Unadjusted Adjusted $ 24,000 $ 24,000 31,600 31,600 34,400 44,800 26,400 26,400 10,400 145,000 145,000 6,500 6,500 7,400 6,000 6,000 7,700 7,700 18,500 18,500 36,300 36,300 104,000 104,000 10,100 10,100 Prepaid Insurance Property Tax Expense Property Taxes Payable Purchases Purchase Discounts Purchase Retums and Allowances Rent Expenses Salaries and Wages Expense Sales Commissions Expense Sales Commissions Payable Sales Returns and Allowances Sales Revenue Utilities Expense 544,000 7.400 3,800 16,000 100,000 6,300 Adjusted $3,500 2,600 2,600 544,000 7,400 3,800 16,000 100,000 11.100 4,800 8,400 725,000 8.900 8.400 721,000 8.900 (1) Prepare a multiple-step Income statement. Inventory at November 30, 2017, is $29,300. (List other revenues before other expenses.) THE STELLAR STORE Income Statement November 30, 2017 Prepare a multiple-step income statement. Inventory at November 30, 2017, is $29,300. (List other revenues before other expenses.) THE STELLAR STORE Income Statement November 30, 2017 * Return to Blackboard yPLUS Tende, mementing Perinciples, 13th edition, Custom WileyPLUS Course for Hrone Community College TIDER CALCULATOR RESOURCES - Part A. sel 9A - (Part Ission) by Study $ Return to Blackboard PLUS and Accounting Principles, 13th edition, custom Wileylus Course for Bronx Community College CALCULATOR PLINTE VERSTON URCES art I (Part Study Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS Attempts: 0 of 1 used

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