The records of Green Steak Company list the following selected accounts for the quarter ended September 30,2021 Interest revenue Inventory Note payable, long-term Salary payable Sales discounts Sales returns and allowances Sales revenue Selling expense Supplies Unearned sales revenue 400 Accounts payable 45,700 Accounts receivable Accumulated depreciation 42,000 3,400 Holstein, capital, Jun 30 2,200 Holstein, drawing 8,400 Cash 296,700 Cost of goods sold 37,500 Equipment 6,000 General expenses 13,200 Interest payable $ 16,500 33,900 37,500 $2,900 18,500 8,100 162,400 125,000 16,100 1,200 Required: (a) Prepare a multi-step income statement (b) Prepare the closing entries (c) Prepare a post-closing trial balance at September 30, 2021.

Question-2 Marks-10+10+10=30 The records of Green Steak Company list the following selected accounts for the quarter ended September 30, 2021: Interest revenue $ 400 Accounts payable $ 16,500 Inventory 45,700 Accounts receivable 33,900 Note payable, long-term 42,000 Accumulated depreciation 37,500 Salary payable 3,400 Holstein, capital, Jun 30 52,900 Sales discounts 2,200 Holstein, drawing 18,500 Sales returns and allowances 8,400 Cash 8,100 Sales revenue 296,700 Cost of goods sold 162,400 Selling expense 37,500 Equipment 125,000 Supplies 6,000 General expenses 16,100 Uncarned sales revenue 13,200 Interest payable 1,200 Required: (a) Prepare a multi-step income statement (b) Prepare the closing entries (c) Prepare a post-closing trial balance at September 30, 2021