The adjusted trial balance of Gibson Company for the year ended December 31, 2022, is as follows.

Instructions
Prepare a multiple-step income statement, owner's equity statement, and a classified balance sheet. The notes payable is due on January 10, 2023. The notes receivable is due on June 30, 2023. Allowance for Doubtful Accounts applies to Accounts Recievable only.

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Cash Accounts Receivable Notes Receivable Inventory Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings Sales Revenue Interest Revenue Cost of Goods Sold Salary and Wages Expense Rent Expense Bad Debt Expense Service Charge Expense Debit $ 6,400 2,700 6,300 10,000 7,500 1,000 8,000 1,400 700 60 40 $44,100 Credit $ 300 1,000 1,100 600 28,000 13,000 100 $44,100