Question: a multi step income statement for the year ended is needed from this adjusted trial balance Cash 10,000 Accounts Receivable 5,000 Prepaid Rent 3,000 Supplies

a multi step income statement for the year ended is needed from this adjusted trial balance

a multi step income statement for the year ended is needed from

Cash 10,000 Accounts Receivable 5,000 Prepaid Rent 3,000 Supplies 1,100 Land 25,350 Building 50,000 Accumulated Depreciation-Building 5.000 Trademark 2,500 Accounts Payable 8,000 Unearned Revenue 3,500 Notes Payable(3 months) 5,000 Common Stock 45.000 Retained Earnings 20.970 Sales 25,300 Sales Returns & Allowance 1,600 Sales Discounts 220 Interest Income 150 Cost of Goods Sold 10,100 Selling Expenses 2,300 General & Administrative Expenses 1,400 Interest Expense 250 Income Tax Expense 100 Total $ 112,920 $ 112.920

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