Multiple step income statement Labels and Amount Descriptions Income Statement Instructions On October 31, 2016, the balances of the accounts appearing in the ledger of Prestige Furnishings Company, a furniture wholesaler, are as follows: Accumulated Depreciation-Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Jan Brown, Capital Jan Brown, Drawing Merchandise Inventory Notes Payable Office Supplies Salaries Payable $746,350 515,750 2,419,500 168,150 3,900,350 9,750 1,585,350 180.400 941,750 261.150 21,000 7,850 6.627,450 710.900 Sales Selling Expenses Check My Work Type here to search