Question: 1 Exercise 4-2 (Algo) Income statement format, single step and multiple step (L04-1, 4-5] The following is a partial trial balance for the Green Star
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1 Exercise 4-2 (Algo) Income statement format, single step and multiple step (L04-1, 4-5] The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 a 10 points Debits tredits 1,900,000 45,000 65,000 Act Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense eBook 800,00 235,00 90, 55.000 145.000 Hint Print There were 150,000 shares of common stock outstanding throughout 2021 Required: 1. Prepare a single step income statement for 2021, including EPS disclosures 2. Prepare a multiple step income statement for 2021, including EPS disclosures References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a single step income statement for 2021, including EPS disclosures (Round EPS answer to 2 decimal places.) GREEN STAR CORPORATION Tricode Staten For the Year Ended Decem11201 Revies and gains Sales revenue Interest revenue Total revenues and gains Expenses and losses 1 Required 1 Required 2 Prepare a single step income statement for 2021, including EPS disclosures (Round EPS answer to 2 decimal places.) 10 pos GREEN SIAR CORPORATION Income For the You Finded Decembe 01.2021 ook Revence and gains Sales revenue Interest reverie Totalvers and gains Expenses and losses o Reference Total expenses and losses Incore income taxes Ne income Earrings por share Required 2 ) 1 Required 1 Required 2 10 points Prepare a multiple-step income statement for 2021, including EPS dinclosures. (Amounts to be deducted should be indicated with a minus sign. Round EPS answer to 2 decimal places.) GREEN STAR CORPORATION Income Statuent For the Year Ended December 31, 2021 eBook Hint Gross profit Operating expenses Print 0 References Total operating expenses Operating income Other income (expense) 0 Assess Total other income, net Income before income taxes Net Income Eaming po share
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