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SI Prepare -Step statement for the year ended (date of), December 31, 2023. Every yellow cell requires either an account title or a dollar
SI Prepare -Step statement for the year ended (date of), December 31, 2023. Every yellow cell requires either an account title or a dollar amount. Use the dropdown list to select the proper account titles. Enter a formula for all dollar amounts. Name Company Trial Balance December 31, 2023 Debit Credit Merchandise inventory Cash Accounts receivable Store supplies Store Equipment Accumulated depreciation Accounts payable Salaries payable name, Capital name, Withdrawals Sales $13,500 26,000 66,500 2,800 72,000 $22,000 21,000 8,000 90,500 36,000 389,000 Sales discounts 6,000 Sales returns and allowances 19,500 Cost of goods sold 136,000 Depreciation expense - Store equip. 11,000 Sales salaries expense 27,200 Office salaries expense 35,300 Insurance expense Rent expense - Store Rent expense office 12,300 18,300 8,300 Store supplies expense Advertising expense Totals 7,100 32,700 $530,500 $530,500 Prepare a multiple-step income statement for Name Company for the year ended December 31, 2023. Remember that selling expenses target the customer, and are expected to generate additional sales. Administrative expenses are not expected to generate additional sales.
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