Pamela Potter Thealer Company uses a perpelual inventory syslem. The adjusted trial balance of Pamela...
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Pamela Potter Thealer Company uses a perpelual inventory syslem. The adjusted trial balance of Pamela Potter Theater Company at June 30, 2018, folows. Data Table Click the icon to view the adjusted trial balance.) Read the reguirements Balance Requirement 1. Prepare Pamela Potter's multi-step income statement for the year ended June 30, 2018. (Use a minus sign or parentheses to show other expenses Credit Account Title Cash Accounts Receivable Merchand se Inventony Office Supplies Debit Pamela Potter Theater Company Income Statement Year Ended June 30, 2018 3,700 38,100 17 400 550 39,300 8,100 13,300 800 7,400 12.000 12.500 10,350 Accounts Payable Salaries Payable Notes Payable, long-term Common Stack Retained Earnings 39.000 Sales Revenue Cost of Goods Sold Seling Expense 183.000 73.200 18.900 16.000 1.300 247,450 S Net Income (Loss) Interest Expense S 247,450 Total 1. Prepare Pamela Potter's multi-step income statement for the year ended June 30, 2018. 2. Joumaize Pamela Potter's closing entries. 3. Prepare a post dlasing trial balance as of June 30, 2018. Print Done Clear All
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