The accounting records for The Skate Shack, Inc., reflected the following amounts at the end of January
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Prepare The Skate Shacks multi-step income statement for the fiscal year ended January 31,2012.
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Cash Total Operating Expense..6,500 Equipment, Net Accounts Payable. Total Stockholders' Equity3,000 et Sales Revenue Long-Term Notes Payabl. 1,800 Accounts Receivable. Inventory $3,100 Cost of Goods Sol $19,000 5,500 2,300 36,000 . 3,500 100 400 5,200 Accrued Liabilities. 1,500 Prepaid Rent 1,400 nterest Expense Salaries Payab....
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