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The following is information from Crystal Company's adjusted trial balance at December 31, 2017: Debit Credit $77,000 100,000 70,000 437,900 $131,370 8,500 168,020 233,000 151,000
The following is information from Crystal Company's adjusted trial balance at December 31, 2017: Debit Credit $77,000 100,000 70,000 437,900 $131,370 8,500 168,020 233,000 151,000 Cash Notes receivable Merchandise inventory Equipment Accumulated depreciation-equipment Unearned revenue Notes payable L. Crystal, capital L. Crystal, drawings Interest revenue Rent revenue Sales Advertising expense Cost of goods sold Depreciation expense Freight out Insurance expense Interest expense Salaries expense Sales discounts Sales returns and allowances 11,000 24,000 1,970,000 54,000 850,000 43,790 26,000 16,000 10,800 640,000 9,400 60,000 $2,545,890 $2,545,890 PE Prepare a single-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 CRYSTAL COMPANY Income Statement >
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