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Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March 31, 2024, follows: (Click the icon to

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Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Quality's single-step income statement for the year ended March 31, 2024. Quality Business Systems Income Statement Quality Business Systems Adjusted Trial Balance March 31, 2024 Year Ended March 31, 2024 Balance Account Title Debit Credit Cash $ 4,400 Accounts Receivable 13,600 30,300 Merchandise Inventory Estimated Returns Inventory Office Supplies 2,000 6,200 42,700 $ 13,300 6,900 Net Income (Loss) 2,100 Equipment Accumulated Depreciation-Equipment Accounts Payable Refunds Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings 550 8,300 14,000 1,050 Choose from any list or enter any number in the input fields and then continue to the next question. Quality Business Systems uses a perpetual inventory system. The adjusted trial balance of Quality Business Systems at March 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Data Table Prepare Quality's single-step income statement for the year ended March 31, 2024. Quality Business Systems Income Statement Quality Business Systems Adjusted Trial Balance March 31, 2024 Year Ended March 31, 2024 Balance Account Title Debit Credit Cash $ 4,400 Accounts Receivable 13,600 30,300 Merchandise Inventory Estimated Returns Inventory Office Supplies 2,000 6,200 42,700 $ 13,300 6,900 Net Income (Loss) 2,100 Equipment Accumulated Depreciation-Equipment Accounts Payable Refunds Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings 550 8,300 14,000 1,050 Choose from any list or enter any number in the input fields and then continue to the next

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