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Using the list of account names provided below, prepare a multi-step Income Statement and a classified Balance Sheet in good form. (No monetary amounts are

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Using the list of account names provided below, prepare a multi-step Income Statement and a classified Balance Sheet in good form. (No monetary amounts are to be shown). please hurrh inly have 15 min left! image text in transcribed
Account names taken from the ledger of Morin Company, a retail store, on December 31, 2018 follow: Common Stock, $10 par Inventory Loss on Disposal of Equipment Salaries and Wages Expense Buildings Cost of Goods Sold Office Expense Interest Revenue Allowance for Doubtful Accounts Selling Expenses Notes Payable (due in 5 months) Interest Expense Accumulated Depreciation Buildings Income Taxes Payable Mortgage Payable due 2020 Insurance Expense Accumulated Other Comprehensive Income Advertising Expense Freight-Out Equity Investments (short term) Sales Revenue Accounts Receivable Dividends Payable Bond Premium Retained Earnings, 12/31/2018 Accounts Payable Cash Depreciation Expense Sales Discounts Gain on Redemption of Debt Treasury Stock Sales Returns and Allowances Income Tax Expense Gain on Disposal of Discontinued Operations Unrealized Holding Loss on Investments Goodwill Bonds Payable (due in 3 years) Land Additional Paid-in Capital Account names taken from the ledger of Morin Company, a retail store, on December 31, 2018 follow: Common Stock, $10 par Inventory Loss on Disposal of Equipment Salaries and Wages Expense Buildings Cost of Goods Sold Office Expense Interest Revenue Allowance for Doubtful Accounts Selling Expenses Notes Payable (due in 5 months) Interest Expense Accumulated Depreciation Buildings Income Taxes Payable Mortgage Payable due 2020 Insurance Expense Accumulated Other Comprehensive Income Advertising Expense Freight-Out Equity Investments (short term) Sales Revenue Accounts Receivable Dividends Payable Bond Premium Retained Earnings, 12/31/2018 Accounts Payable Cash Depreciation Expense Sales Discounts Gain on Redemption of Debt Treasury Stock Sales Returns and Allowances Income Tax Expense Gain on Disposal of Discontinued Operations Unrealized Holding Loss on Investments Goodwill Bonds Payable (due in 3 years) Land Additional Paid-in Capital

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