Question: Complete the Income Statement columns in the partial worksheet below. (Part 1 of 2 only) Income Statement DEBITS CREDITS 42 673 46 5 6 5

Complete the Income Statement columns in the partial worksheet below. (Part 1 of 2 only)

 Complete the Income Statement columns in the partial worksheet below. (Part

Income Statement DEBITS CREDITS 42 673 46 5 6 5 - Part 1 of 2. Complete the Income Statement columns in the partial worksheet below. Mission Marketing Worksheet For the year ended December 31st, 2019 Trial Balance Adjustments Accounts DEBITS CREDITS DEBITS CREDITS Cash 12 4 9 0 Accounts Receivable 21 6 0 Ol- Supplies 4 2 5 0 - 3 300- Prepaid Insurance 1 2 5 4 209- Inventory 42 6 7 3 Equipment 19| 21 - Accum. Depr.- Equip 9 600 1600- Accounts Payable 6 5 6 5 - 13 18 - C. Ans, Capital 60| 8 9 0 C. Ans, Drawings Sales 138 6 3 1 Sales Returns 2 5 2 21- Purchases 43 2 1 4 - Purchase Returns 2 7 4 1 Purchase Discounts 1 5 6 3 Freight-in 2 9 1 11- Advertising Expense 2 8 7 4 - 3181- Misc. Expense 81 5| 41- Salaries Expense 151 0 Rent Expense 2 8 0 Ol- Utilities Expense 3 2 3 91- 1000- Depr. Expense Equip 1 6 0 Ol - 16001 - Supplies Expense 31 31 01 0 33 00 Insurance Expense 2 09- 12091 219 9 9 0 219 9 9 0 - 642 7. 6427 - 4 - Part 2 of 2: Calculate the following: (Show your calculations) Cost of Goods Sold

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