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The ledger of Doe Supplies Inc. contains the following information for operations for the year ended September 3 0 , 2 0 2 0 .

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The ledger of Doe Supplies Inc. contains the following information for operations for the year ended September 30,2020.
(i)(Click the icon to view the accounting records.)
Required
Prepare a multiple-step income statement for the year ended September 30,2020. Omit earnings per share.
Was 2020 a good year or a bad year for Doe Supplies Inc.? Explain your answer in terms of the outlook for 2021.
Requirement 2. Was 2020 a good year or a bad year for Doe Supplies Inc.? Explain your answer in terms of the outlook for 2021.
It appears that 2020 was a
year. Overall profits will likely
in 2021, since the current net income includes a
Most investors ignore the
for the purpose of predicting the company's future income i just want answer of qestion no 2
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