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Using the following data from the adjusted trial balance section of the worksheet create a multi step income statement if possible designate between selling and
Using the following data from the adjusted trial balance section of the worksheet create a multi step income statement if possible designate between selling and administrative expenses.
Adjusted Trial Balance Unadiusted Account Title Trial Balance Adjustments Income Statement Balance Sheet Cash Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Merchandise Inventor Prepaid Insurance Prepaid Rent 67,188 88.704 88.704 792 1603 163,944 4356 6534 18480 28162 168,300 22.176 1,934 Note Receivable Store Equipment Accumulated Depreciation - Store Equipment Accounts Payable Salaries & Wages Pavable Interest Pavable Utilities Payable Note Payable (final payment due 2018 Common Stock Retained Earnings Dividends Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Salaries & Wages Expense Depreciation Expense Store Equipment Bad Debt Expense Insurance Expense Rent Expense Supplies Expense 270,864 26086 244.778 29.304 126,720 29,304 126,720 6,470 6470 752 24,420 79.200 257.400 24,420 79,200 257 400 31,680 31.680 2,557,500 2,557,500 15,840 34,056 15,840 34,056 1893.144 436.526 4356 430,056 6470 1603 18480 752 554 5280 6,032 Interest Revenue Interest Expense 3,075,336 3,075,336 93528 93528 3,085,246 3,085,246 Net IncomeStep by Step Solution
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