Question: Question: How do I fill out the income statement, given trial balance? At the beginning of the current season on April 1, the ledger of

Question: How do I fill out the income statement, given trial balance?

At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash $3,055; Inventory $4,055; and Common Stock $7,110. The following transactions occurred during April 2017.

Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,665, terms 3/10, n/60.
7 Paid freight on Arnie Co. purchases $89.
9 Received credit from Arnie Co. for merchandise returned $365.
10 Sold merchandise on account to members $1,487, terms n/30.
12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $921, terms 2/10, n/30.
14 Paid Arnie Co. in full.
17 Received credit from Woods Sportswear for merchandise returned $121.
20 Made sales on account to members $899, terms n/30.
21 Paid Woods Sportswear in full.
27 Granted credit to members for clothing that did not fit properly $89.
30 Received payments on account from members $1,354.Question: How do I fill out the income statement, given trial balance?At the beginning of the current season on April 1, the ledger

GRANITE HILLS PRO SHOP Trial Balance April 30, 2017 Debit Credit Cash 2275 Accounts Receivable 943 4,055 Inventory Common Stock 7,110 2386 Sales Reyenue Sales Returns and Allowances Purchases 2586 Purchase Returns and Allowances 486 Purchase Discounts 55 Freight-In 89 10037 10037 A GRANITE HILLS PRO SHOP Income Statement (Partial) $

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