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The following is a partial Adjusted Trial Balance for Alpha Company for the month: Alpha Company Adjusted Trial Balance (partial) January 31, 2016 Accounts Debit

The following is a partial Adjusted Trial Balance for Alpha Company for the month:

Alpha Company

Adjusted Trial Balance (partial)

January 31, 2016

Accounts

Debit

Credit

Cost of Goods Sold

$3,200

Interest Revenue

$3,000

Sales

$10,000

Interest Expense

$1,000

Sales Discounts

200

Gain on sale of Equipment

$500

Sales Returns & Allowances

1,200

Prepare a partial multiple-step income statement to show the computation for gross profit.

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