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Windsor Corporation Trial Balance June 30, 2017 Accounts Balance Sales revenue 1,583,270 Sales discounts 31,410 Cost of goods sold 898,200 Salaries and wages expense (sales)

Windsor Corporation
Trial Balance
June 30, 2017
Accounts Balance
Sales revenue 1,583,270
Sales discounts 31,410
Cost of goods sold 898,200
Salaries and wages expense (sales) 56,480
Sales commissions 98,010
Travel expense (salespersons) 34,800
Delivery expense 22,840
Entertainment expense 15,090
Telephone and Internet expense (sales) 9,070
Depreciation expense (sales equipment) 4,902
Maintenance and repairs expense (sales) 6,085
Miscellaneous selling expenses 4,920
Office supplies used 3,325
Telephone and Internet expense (administration) 2,748
Depreciation expense (office furniture and equipment) 6,832
Property tax expense 7,602
Bad debt expense (selling) 4,608
Maintenance and repairs expense (administration) 9,270
Office expense 6,040
Sales returns and allowances 58,411
Dividends received 41,560
Interest expense 17,500
Income tax expense 109,130
Depreciation understatement due to error2014 (net of tax) 18,308
Dividends declared on preferred stock 9,790
Dividends declared on common stock 34,320
The Retained Earnings account had a balance of $339,770 at July 1, 2016.
There are 80,550 shares of common stock outstanding.
In the space below, prepare the following statements for the year ended June 30, 2017:
multiple-step income statement, single-step income statement, and statement of retained earnings

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