$\backslash$table$[[$Trial Balance Problem Fall $2024],[$Valdez Fashion$],[$December $31,2024(],[$Account Name,Adjusted Trial Balance$],[,$Debit,Credit$],[$Cash$,$$$8,700,],[$Accounts Receivable,$30,700,],[$Inventory$,44,700,],[$Supplies$,6,200,],[$Equipment$,133,000,],[$Accumulated Depreciation$-$Equipment,,$$28,000],[$Notes Payable Long Term,,$51,000],[$Accounts Payable,,$48,500],[$Common Stock,,$50,000],[$Retained Earning,,$34,700],[$Sales Revenue,,$755,200],[$Sales Returns and Allowances,$8,800,],[$Cost of Goods Sold,$497,400,],[$Salaries And Wages Expense,$140,000,],[$Advertising$,24,400,],[$Utilities Expense,$14,000,],[$Maintenance Repairs Expense,$12,100,],[$Freight$-$Out,$16,700,],[$Supplies Expense,$1,200,],[$Deprecation Expense,$4,500,],[$Interest Expense,$1,000,],[$Rent Expense,$24,000,],[$Totals$,967,400,967,400]]$

Instructions. Please use you textbook for proper formatting. You will be graded on accuracy and forn Use proper underseores and dollar signs when appropriate.

A$.$ Prepare a Multi Step Income Statement in proper form. $(15$ points$)$

B$.$ Prepare a Balance Sheet in proper form. $(15$ points$)$