Question: Required information P 5 - 4 ( Algo ) Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO 5 -

Required information
P5-4(Algo) Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO5-3
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Jordan Sales Company (organized as a corporation on April 1,2021) has completed the accounting cycle for the second year, ended March 31,2023. Jordan also has completed a correct trial balance as follows: P5-4 Part a
Required:
Complete the financial statements as follows:
a. Complete the classified (multiple-step) income statement for the reporting year ended March 31,2023. Include income tax expense, assuming a 30 percent tax rate.
Note: Round your "Earnings per share" to 2 decimal places.
 Required information P5-4(Algo) Preparing Both an Income Statement and a Balance

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