Part 1. The company Muebles de la Montaa has the following transactions in its ledger. Make...

 

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Part 1. The company Muebles de la Montaña has the following transactions in its ledger. Make a multiple-step income statement. ACCOUNT BALANCE ACCOUNT BALANCE $75,000 $1,650,000 50,000 45,000 Cash Sales Accumulated Depreciation-Truck 15,000 Building Truck Account Receivable Note Payable Joe Doe, Capital Joe Doe, Drawings Administrative Expense 3,300 Telephone Expense Salaries Expense Equipment 550,000 35,000 650,000 12,000 1,200 4,500 3,000 500,000 20,000 Cost of Merchandise Sold Advertising Expense Utilities Expense Supplies Salaries Payable 2,000 29,000 26.000 Part 2. Prepare a single-step income statement for a computer sales and equipment rental company. ACCOUNT BALANCE $6,110,760 1,550 10,500 Sales Interest Expense Administrative Expense Cost of Merchandise Sold 3,550,000 Advertising Expense Rent Revenue Merchandise Inventory Utilities Expense 3,500 24,000 7,000,000 4,500 Part 3. Prepare a multiple-step income statement for an auto parts sales company. Accumulated Depreciation-Building $18,000 ACcount Receivable Note Payable 8,020,000 Joe Doe, Capital Joe Doe, Drawings $52,000 54,000 800,000 18,000 Administrative Expense 7,500 2,000 15,000 30,000 Building Sales 500,000 Cost of Merchandise Sold Merchandise Inventory Utilities Expense Supplies Salaries Payable 620,000 230,000 1,700 4,800 9,000 Telephone Expense Salaries Expense Equipment Part 1. The company Muebles de la Montaña has the following transactions in its ledger. Make a multiple-step income statement. ACCOUNT BALANCE ACCOUNT BALANCE $75,000 $1,650,000 50,000 45,000 Cash Sales Accumulated Depreciation-Truck 15,000 Building Truck Account Receivable Note Payable Joe Doe, Capital Joe Doe, Drawings Administrative Expense 3,300 Telephone Expense Salaries Expense Equipment 550,000 35,000 650,000 12,000 1,200 4,500 3,000 500,000 20,000 Cost of Merchandise Sold Advertising Expense Utilities Expense Supplies Salaries Payable 2,000 29,000 26.000 Part 2. Prepare a single-step income statement for a computer sales and equipment rental company. ACCOUNT BALANCE $6,110,760 1,550 10,500 Sales Interest Expense Administrative Expense Cost of Merchandise Sold 3,550,000 Advertising Expense Rent Revenue Merchandise Inventory Utilities Expense 3,500 24,000 7,000,000 4,500 Part 3. Prepare a multiple-step income statement for an auto parts sales company. Accumulated Depreciation-Building $18,000 ACcount Receivable Note Payable 8,020,000 Joe Doe, Capital Joe Doe, Drawings $52,000 54,000 800,000 18,000 Administrative Expense 7,500 2,000 15,000 30,000 Building Sales 500,000 Cost of Merchandise Sold Merchandise Inventory Utilities Expense Supplies Salaries Payable 620,000 230,000 1,700 4,800 9,000 Telephone Expense Salaries Expense Equipment