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prepare a retail income statement
C D E Gem City Music Adjusted Trial Balance December 31, 20-- Credit Debit 11,000 15,800 9,600 23,000 1,250 19.500 12,800 189,300 Cash Accounts Receivable 3 Merchandise Inventory Office Equipment 0 Accumulated Depreciation Office Equipment Accounts Payable 22 Salaries Payable 13 M. Men, Capital 14 M. Man, Drawing 35 Sales 16 Sales Returns and Allowances 17 Sales Discounts 18 Cost of Merchandise Sold 19 Rent Expense 20 Soles salaries Expense 21 Office Salaries Expense 22 Depreciation Expense- Z Office Equipment 24 interest Expense 25 let 1,700 100,000 7,800 17,70 22,550 2,800 2,000 2272250 227.250 26 27 28 29 Obiective Class work
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