TIIL FULL SCREEN PRINTER VERSION TRACK Meilleur uses a perpetual inventory system. The following is a list of the accounts and balances taken from the adjusted trial balance at December 31, 2017 for Meilleur Merchants. The list of accounts is in alphabetical order All accounts have normal balances. Account Balance Dec. 31 1 Accounts payable 15,000 2 Accounts receivable 30,000 3 Accumulated depreciation--building 15,500 4 Accumulated depreciation-equipment 10,000 5 Advertising expense 4,500 6 Building 84,600 7 S. Meilleur, capital 75,000 8 S. Meilleur, drawings 28,300 9 Cash 4,500 10 Cost of goods sold 234,600 11 Depreciation expense 6,200 12 Equipment 24,500 13 Freight out 640 14 Insurance expense 1,250 15 Interest expense 2,020 16 Interest revenue 1.440 17 Land 12.000 18 Merchandise inventory 105,000 SSA 19 Mortaane navale BI e to search ENG - O hp FULL 13 Freight out 14 Insurance expense 15 Interest expense 16 Interest revenue 17 Land 18 Merchandise inventory 19 Mortgage payable 20 Prepaid insurance 21 Property tax expense 22 Property taxes payable 23 Rent revenue 24 Salaries expense 25 Salaries payable 26 Sales 27 Sales discounts 28 Sales returns and allowances 29 Unearned revenue 30 Utilities expense 24,500 640 1,250 2,020 1,440 12,000 105,000 57,600 2,100 1,500 600 1,500 41,000 650 422,400 15,200 18,000 23,000 1,900 Prepare a multiple-step income statement for Meilleur Merchant for the year ended December 31, 2017. MEILLEUR MERCHANTS Income Statement o e to search Chp Prepare a multiple-step income statement for Meilleur Merchant for the year ended December 31, 2017 PRIN MEILLEUR MERCHANTS Income Statement $ v E to search hp FUL DOL O earch $ Question Attemp O SI search hD