Question no. 2 The adjusted trial balance of Sakib Departmental Store's for the year ended July 31, 2020, is as follows: Sakib Departmental Store Trial Balance July 31, 2020 Account Titles Dr. Cr. Account Titles Dr. Cr. (Tk.) (Tk.) (Tk.) (Tk.) Cash 80,000 Inventory 20,000 Accounts Receivable 55,000 Miscellaneous Expenses 6,000 Accounts Payable 25,000 Advertising Expenses 15,000 Machinery 2,60,000 Prepaid Rent 12,000 Accumulated 45,000 Salaries and wages 30,000 Depreciation-Machinery Expense Building 1,07,000 Sales 4,65,000 Accumulated 20,000 Sales Returns and 8,000 Depreciation-Building Allowance Cost of Goods Sold 2,75,000 Sales Discount 4,000 Note Payable 45,000 Owner's Capital 2,80,000 Depreciation Expense 9,000 Owner's Drawings 7,000 Insurance Expense 2,000 Sales Commission Expense 5,000 Interest Expense 5,000 Sales Commission Payable 9,000 Interest Revenue 11,000 Total 2.00.000 200.000 Instructions: i) Prepare a multiple-step income statement for the year ended July 31, 2020. ii) Prepare a classified balance sheet assuming Tk. 20,000 of note payable is due in 2021