Step income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Statement of Stockh Instructions The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ende Cash $243,100 984,900 1,788,600 21,200 17.800 Accounts receivable Inventory Estimated returns inventory Office supplies Prepaid insurance Office equipment Accumulated depreciation office equipment Store equipment Accumulated depreciation-store equipment Accounts payable Customer refunds payable Salaries payable Note payable (final payment due in 6 years) Common stock Retained earnings 8,400 825,000 543,800 3,609.700 1,814,900 356,300 39.200 44.100 289.000 500.000 Dividends 3.143,700 04 200 Sales 11.281.200 Cost of goods sold 7,858,000 Check My Work eBook Multiple-step income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Statement 39,200 44,100 Instructions Customer refunds payable Salaries payable Note payable (final payment due in 8 years) Common stock Retained earnings Dividends 289,000 500,000 3,143,700 94.200 Sales Cost of goods sold Sales salaries expense Advertising expense Depreciation expense-store equipment Miscellaneous seling expense Office salaries expense 11,281,200 7.858.000 917.800 551,900 140.700 35.000 068,000 Rent expense 99.800 50.200 38.000 Depreciation expense-office equipment Insurance expense Office supplies expense Miscellaneous administrative expense 32.700 7.900 Interest expense 21,700 Required: Check My Work Multiple step income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Statement of Stockholders' Equity Instructions Income Statement Clairemont Co. Income Statement (Label) 1 2 3 Label) $ (Label 20 13 Label 12 13 Check My Work eBook Statement of Stockholders' Equity 2. Prepare a statement of stockholders' equity. Additional common stock of 575,000 was issued during the year ended May 31, 2012. Refer to the list of Labels and Am choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign Clairemont Co. Statement of Stockholders' Equity (Label) Common Stock Retained Earnings Total 2 3 . Balance Sheet 3. Prepare a balance sheet, assuming that the current portion of the note payable $42 000. De we lo complete the statement heading Refer to the problem data and the exact wording of the answer choices for extendes Acolon) will automatically appear if it is required for those bones in which you must enter subtracted or negative Check My Work Email in Clairemont Co. Balance Sheet (Label) 1 Assets ? (Label) 3 4 in 6 7 9 10 Label) 31 12 33 14 13 26 18 Check My Work