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Rockin Rick Music Company uses a perpetual inventory system. The adjusted trial balance of Rockin Rick Music Company at June 30, 2024, follow Click the

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Rockin Rick Music Company uses a perpetual inventory system. The adjusted trial balance of Rockin Rick Music Company at June 30, 2024, follow Click the icon to view the adjusted trial balance) Read the requirements Requirement 1. Prepare Rockin Rick's multi-top Income statement for the year ended June 30, 2024 (Use a minus tign or parentheses to show other expenses.) Rockin Rick Music Company Income Statement Year Ended June 30, 2024 II Net Income (Loss) ent for Cash Rockin Rick Music Company Adjusted Trial Balance June 30, 2024 Balance Account Title Debit Credit 4,000 Accounts Receivable 38,400 Merchandise Inventory 16,900 Estimated Returns Inventory 750 Office Supplies 400 Furniture 39,200 Accumulated Depreciation--Furniture $ 8,200 Accounts Payable 13,500 Refunds Payable 850 Salaries Payable 850 Unearned Revenue 6,500 Notes Payable, long-term 12,000 Common Stock 10,000 Retained Earnings 22.050 700 400 39,200 $ 8,200 or 13,500 850 850 6,500 12,000 Estimared Rerurns inventory Office Supplies Furniture Accumulated Depreciation Furniture Accounts Payable Refunds Payable Salarles Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Forfelted Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 10,000 22,050 43,500 190,000 400 85,500 19,000 15,500 1,200 264,350 $ 264,350 Total

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