Question: PLEASE ANSWER IN THE SAME FORMAT AS THE TABLE (ANSWER IN FORM OF THIS TABLE) The following adjusted trial balance for Bell Servicing was prepared

PLEASE ANSWER IN THE SAME FORMAT AS THE TABLE (ANSWER IN FORM OF THIS TABLE)
The following adjusted trial balance for Bell Servicing was prepared at the end of the fiscal year, December 31, 2020: Account Credit Debit $ 8,000 101 Cash 119 Merchandise inventory 125 Supplies 16,200 10,000 128 Prepaid insurance 4,000 165 Store equipment 51,000 $ 46,800 166 Accumulated depreciation, store equipment 167 Office equipment 69,000 168 Accumulated depreciation, office equipment 34,200 201 Accounts payable 16,000 301 Jonah Bell, capital 29,000 302 Jonah Bell, withdrawals 41,000 413 Sales 291,800 415 Sales discounts 2,000 505 Cost of goods sold 74,800 612 Depreciation expense, store equipment 5,200 613 Depreciation expense, office equipment 3,800 622 Sales salaries expense 46,000 623 office salaries expense 32,000 637 2,000 Insurance expense, store 638 Insurance expense, office Rent expense, office space 1,600 640 13,000 641 Rent expense, selling space 17,000 651 office supplies expense 1,200 652 2,400 655 Store supplies expense Advertising expense Totals 17,600 $417,800 $417,800 Required: 1. Prepare a classified multiple-step income statement that would be used by the business's owner. BELL SERVICING Income Statement For Year Ended December 31, 2020 Operating expenses: Selling Expenses: Total selling expenses General and administrative expenses: Total general and administrative expenses Total operating expenses
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