$\backslash$table$[[$Cesh$,47,848],[$Inventery$,15.300],[$Land$,7,148],[$Conmen stock,$16,400],[$Hetained earnings,$13,68$e$]]$

During Wee $2.$ Ne compary eaperienoti me folowing euerts: delvered FoD whpping point. Freight conts of $$304$ weve pesd in cash.

$2.$ Returned $$470$ of the invertory it had purchaed because the invertory was danaged in bunat. The neller agreed is pry the mehin heighe cout.

$3.$ Pud the anount due on its account parable to loss Compury wetin the conh disourt petiod

$6.$ Delvered goods Foee deatination in lvent $4$ Freight cowh of $$154$ weet peid in cash.

$7.$ Colfected the mmourt due on the nccount noceivatle within the dincourt pertod.

a$.$ Sold the lend for $$10$ E$60$

$9.$ Fecogriatd aconed interest inceme of $1635.$ Ortermine the curnett balance in the levertsy socount before calculebing the anount of the invertory mithe dowh.

Bequiray under twch of the coeporerts in fie folowing thetemets model. Aasume that the pepetiel mertary method is used. When an event has more thas one part, use lethers tio dintinguish the effect of each pat. The frut evert is reconded as an exaviple. when posing the closing entry that is owebied in Perte. stummert of ceth Cown far Wew?

a$.$ Use a single peneral jouenal enty lo close alf revenue, gain, and experne accounts to the notained earings accoumc. Post the journal entry to the ledger accounts and preptere a poet efleving thar balanice.

Complete this question by entering your answers in the tabs below.

Reg A

Req $8$

Reg C

Req D$1$

Reg $02$

Req D$3$

Rea D$4$

Req E$1$

Req $1$:$2$

Prepare a mulistep income atabement for thar $2.$

$\backslash$table$[[$REDO COWFANY$],[$Inceme Stahement.$],[$For the Year Ended December $31,$ Fear $2],[,],[,],[$crotimmayn$,],[$Cpuratige enserise$],[,],[,],[,0.],[$Wonogerwing bema$],[,],[,],[,],[,10]]$

$\backslash$table$[[$CHOH$,7,],[$Inventary$,13,300],[$Land$,3,144],[$Camean stack,$15,430],[4$ekaited carsajeys,$23\mathrm{.}6$ee$]]$ pey the watum furghe teet.

$5$

$8.$ howl the land for fillited

Eepulered recredind is ms fantyit. trimert of cinit Anosty May $2$

Complete niks tuestion bry emt erisy prear answers in the tabs belome.

Res $4$

lise $8$

Beq C

Rey $01$

Bhat D$2$

Ana D$7$

Bey IT

Beal $61$

Anq I$2$

Fepare a wabement of caun fows for Tear $2.$

Nole! Cawh outfiows whoudd be indicated mith a minat sign.