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Homework: Assignment 5 - Chapter 5 Merchandising Operations Score: 0 of 1 pt 2 of 2 (1 complete) -5-36A (similar to) HW Score Ron Russell Theater Company uses a perpetual inventory system. The adjusted trial balance of Ron Russell Theater Company at June 30, 2018, follows: E (Click the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare Terry Tighe's multi-step income statement for the year ended June 30, 2018. (Use a minus sign or parentheses to show other expenses.) Ron Russell Theater Company Income Statement Year Ended June 30, 2018 Choose from any list or enter any number in the input fields and then click Check Answer 5 parts remaining Clear All Ches i Data Table Ron Russell Theater Company Adjusted Trial Balance June 30, 2018 Balance Account Title Debit Credit Cash 3,800 Accounts Receivable 38,000 Merchandise Inventory 17,700 Office Supplies 400 Furniture 39,200 Accumulated Depreciation-Furniture 8,800 Accounts Payable 13,200 *d Print Done Crean Am Data Table sted 13,200 1,100 6,500 13,000 31,900 Accounts Payable Salaries Payable Unearned Revenue Notes Payable, long-term Russell, Capital Russell, Withdrawals Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense 42,000 182,000 81,900 19,200 13,000 1,300 256,500 $ 256,500 Total click Print Done Clear All