Question: Use the data below to prepare the multi-step income statement of Silhouette Research for the year ended January 31, 2020, Click the icon to view


Use the data below to prepare the multi-step income statement of Silhouette Research for the year ended January 31, 2020, Click the icon to view the closing entries.) Complete the multi-step income statement section-by-section as presented to you. (Use parentheses or a minus sign for a net loss.) Closing entries - Credit Date January Debit 443.000 443,000 January Journal Entry Accounts 31 Sales Revenue Income Summary 31 Income Summary Sales Discounts Cost of Goods Sold Selling Expense General Expense Interest Expense 354,200 5,500 256,000 46,000 44,000 2,700 January 88,800 31 Income Summary B. Brewer, Capital 88,800 January 31 B. Brewer, Capital 34,000 B. Brewer, Withdrawals 34,000 Print Done Net sales revenue Gross margin Operating expenses Operating Income Other expense Net income (loss)
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