Question: I need help understanding how to save the information on the adjusted part because when I go to save my work it flips back to


Requirement General Journal General Ledger Trial Balance Multiple Step IS Single Step IS Balance Sheet Ratios Begin by selecting "Adjusted" from the drop-down below. Then, use the adjusted trial balance to prepare a mu income statement. Rent expense and salaries expense are equally divided between selling activities a general and administrative activities. Adjusted Martin Company Income Statement For Year Ended January 31 Sales Sales discounts Sales returns and allowances 123,000 3,700 3,900 115,400 37,670 77,730 Net sales Cost of goods sold Gross profit Operating expenses Selling expenses Sales salaries expense Rent expense-Selling space Advertising AxNSA 16,000 6,400 10 400 Requirement General Journal General Ledger Trial Balance Multiple Step IS Single Step Is Balance Sh A single-step income statement yields the same net income, but does not show the same level multiple-step income statement. Use the information from the multiple-step income state single-step income statement below. Adjusted Martin Company Income Statement For Year Ended January 31 Revenues: Net sales Expenses: Cost of goods sold $ Total selling expenses Total general and administrative expenses $ 115,400 37.670 43.400 24,020 105,090 10.310 Net income $ Requirement General Journal General Ledger Trial Balance Ratios Multiple Step IS Single Step IS Balance Sheet A single-step income statement yields the same net income, but does not show the same level of detail/subtotals as th multiple-step income statement. Use the information from the multiple-step income statement to complete the single-step income statement below. Post-closing Martin Company Income Statement For Year Ended January 31 Revenues: Net sales $ Expenses: Cost of goods sold $ 0 Total selling expenses 0 Total general and administrative expenses 0 0 Net income
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