Problem II - 34 points Below is a list of accounts for 3-D Inc. Prepare...
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Accounting
Problem II - 34 points Below is a list of accounts for 3-D Inc. Prepare a multi-step income statement in good form for 2021. 3-D Inc. is a calendar year company. Account $ Account $ Inventory 42,860 Bonds Payable 280,000 Common Stock 160,704 Mortgage Payable 224,600 Selling Expenses 3,756 Preferred Stock 84,722 Interest Expense 2,200 Gain on Equipment Sale 11,512 Rent Expense 22,020 Marketing Expense 16,014 Retained Earnings, 1/01/04 28,400 Retained Earnings, 12/31/04 35,690 Cost of Goods Sold 315,314 Gen/Admin Expense 41,200 Copyrights 6,654 Revenue 424,992 Cash and Cash Equivalents 27,064 Accounts Payable 77,506 Other important information Income Tax 20% Outstanding shares 15,000
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