Question: prepare a multi step income statement and retained earnings statement Cash $112,300 494,700 67,200 299,300 341,200 $4,111,500 Accounts Receivable Inventory Estimated Returns Inventory Office Supplies

prepare a multi step income statement and retained earnings statement
prepare a multi step income statement and retained earnings statement Cash $112,300

Cash $112,300 494,700 67,200 299,300 341,200 $4,111,500 Accounts Receivable Inventory Estimated Returns Inventory Office Supplies Prepaid Insurance 2,378,200 22,500 10,600 Retained Earnings Dividends Sales Cost of Goods Sold Sales Salaries Expense Advertising Expense Depreciation Expense- Store Equipment 668,800 8,200 183,900 Office Equipment 247,000 35,800 Miscellaneous Selling Expense 15,700 167,900 Accumulated Depreciation- Office Equipment Store Equipment Accumulated Depreciation- Store Equipment 771,100 Office Salaries Expense 365,100 Rent Expense 53,900 247,000 Accounts Payable 170,900 27,000 Depreciation Expense- Office Equipment Insurance Expense Office Supplies Expense 16,700 Customer Refunds Payable Salaries Payable Note Payable (final payment due 2024) 40,000 10,900 9,900 Miscellaneous Administrative Exp. 7,200 360,000 49,600 Common Stock Interest Expense 10,900

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