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B D Account Titles Debits Credits 5 Cash $37,500 Accounts Receivable 28,600 7 Inventory 43,300 8 Prepaid Rent 2,000 9 Equipment 69,000 10 Accumulated Depreciation

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B D Account Titles Debits Credits 5 Cash $37,500 Accounts Receivable 28,600 7 Inventory 43,300 8 Prepaid Rent 2,000 9 Equipment 69,000 10 Accumulated Depreciation $20,700 11 Accounts Payable 8,800 12 Unearned Fees 20,000 13 Long-term Notes Payable 75,000 14 J. Noodle, Capital 31,800 15 Sales Revenue 175,500 16 Sales Returns and Allowances 4,700 17 Sales Discounts 6,000 18 Cost of Goods Sold 67.700 19 Salaries and Wages Expense 25,900 20 Depreciation Expense 13,800 21 Rent Expense 24,000 22 Interest Expense 1,600 23 Loss on Sale of Equipment 7.700 24 Totals $331,800 $331,800 25 26 Required: 27 1. Prepare a multisten income statement that would be used for internal reporting purposes. Sheet1 READY Attempt(s) Prev 1 of 8 BE Next > MacBook Air Paste BTV - Alignment Number Conditional Formatas Formatting Tables Sy Clipboard Font Noodles Unlimited, Inc. sells swimming poo D Required 23. 1. Prepare a moltepliceme statement that would be used for internal reporting purposes. Note: When RECORTE Could appear in acel Burminner er for 29 alle dont les collecties and we Albershald raspored 2. After wering the formata in case the Excel IF function to all cell A52 as either 13 Net Incomer Nut 1 appropriate based on the value calculated in all 52. 14 NOODS UNLIMITED Trome TO Y DORT 17 Le V 41 et Kros 43 44 47 Teroperam the press 54 3.Computer pred preg * Now: Maker Sheet1 READY Atems) Prey 1 B MacBook Air side 30 3 888 4 FE A @ 2 # 3 wa $ 4 UX % 5 6 & 7 W E R T Y S D F G 51 52 53 54 3. Compute the gross profit percentage. 55 Note: Make sure to include 100 at the end of your formula 56 in order to convert the decimal to a percentage. 57 Gross Profit Percentage 58 59 60 61 Ipercent Sheet1 READY Attempt(s) Prey 1 of 8 !!! Next >

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