Question: Efficient Office Systems uses a perpetual Inventory system. The adjusted trial balance of Efficient Office Systems at March 31, 2024. Follow (Cuck the icon to

 Efficient Office Systems uses a perpetual Inventory system. The adjusted trial
balance of Efficient Office Systems at March 31, 2024. Follow (Cuck the

Efficient Office Systems uses a perpetual Inventory system. The adjusted trial balance of Efficient Office Systems at March 31, 2024. Follow (Cuck the icon to view the adjusted trial balance.) Prepare Efficient's multi-step income statement for the year ended March 31, 2024. (Use a minus Data Table Efficient Office Systems Income Statement Efficient Office Systems Year Ended March 31, 2024 Adjusted Trial Balance March 31, 2024 Balance Account Title Debit Credit Cash 4,400 Accounts Receivable 13,000 Merchandise Inventory 30,500 Estimated Returns Inventory 1,600 Office Supplies 6,000 Equipment 42,700 Accumulated Depreciation-Equipment $ 14 000 Accounts Payable 6,300 Refunds Payable 2 200 Net Income (Loss) Salarles Payable 900 Notes Payable, long-term 8.300 Common Stock 18.000 Retained Earnings 1,800 Print cient Office Systems at March 31, 2024, follows: us - X Data Table 1,600 6,000 42,700 14,000 6,300 2.200 900 8,300 Estimated Returns Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Refunds Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Sales Discounts Forfeited Cost of Goods Sold Selling Expense Administrative Expense 16.000 1,800 40,000 238,000 1,000 107,100 26,800 14,500 1,900 Interest Expense $ 288,500 $ 288,500 Total Clear Print Done MacBook Air

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