0 日・・ FILE 1. Prepare and analyze a merchandiser's multi-step income statement. Al From From from From Other Access Web Text Sources Get Extemal Data 5 6 7 & HOME INSERT Account Tities Cash Accounts Receivable Inventory Prepaid Rent Equipment 10 Accumulated Depreciation 11 Accounts Payable 12 Unearned Fees 15 Long-term Notes Payable 14 J. Noodle, Capital 15 Sales Revenue 16 Sales Returns and Allowances 17 Sales Discounts 18 19 Salaries and Wages Expense 20 Depreciation Expense 21 Rent Expense 22 Interest Expense 23 Loss on Sale of Equipment Totals Cost of Goods Sold READY Attempt(x) C 1 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance 2 is for the year ended December 31, 20x1. 3 Merchandising operations and the multi-step income statement- Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW Existing Connections Sheet1 HE Refresh All Connections Properties Edt Links Connections Son & Fier 1 X ✓ S. Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial Debits $37,500 28,600 43,300 2,000 69,000 21 12 Son 4,700 6,000 67,700 25,900 13,800 Fiter $20.700 8,800 20,000 75,000 31.800 175,500 24,000 1.600 7,700 5111300 5331800 Clear Reapply Advanced 700- D Data Tools Sign le Outine X A 100%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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3
B5-2
1. Prepare and analyze a merchandiser's multi-step income statement.
FILE
INSERT
4
From From From From Other
Access Web Text Sources
Get External Data
A1
HOME
✔
4 Account Titles
5
Cash
6
7
Accounts Receivable
Inventory
& Prepaid Rent
9
Equipment
10 Accumulated Depreciation
11 Accounts Payable
12
Unearned Fees
Long-term Notes Payable
15
14 J. Noodle, Capital
15
C
1 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance
is for the year ended December 31, 20X1.
Sales Revenue
Sales Returns and Allowances
16
17 Sales Discounts
18
19 Salaries and Wages Expense
Depreciation Expense
Cost of Goods Sold
READY
Attempt(s)
20
21 Rent Expense
22 Interest Expense
23 Loss on Sale of Equipment
24
Totals
Existing Refresh
Connections All-
Merchandising operations and the multi-step income statement- Excel
FORMULAS DATA REVIEW VIEW
PAGE LAYOUT
Sheet1 ***
Connections
Properties
Edit Links
Debits
$37,500
28,600
43,300
2,000
69,000
11 Son
4,700
6,000
67,700
25,900
13,800
24,000
1,600
7,700
5331.800
Connections
Sort & Fiter
✔ Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial
$20,700
8,800
20,000
Filter
75,000
31.800
175,500
$331.800
EEE 100
7 00
Clear
Reapply
Data
Advanced Tools
D
H
Outine
6 x
Sign In
f
100%
Transcribed Image Text:3 B5-2 1. Prepare and analyze a merchandiser's multi-step income statement. FILE INSERT 4 From From From From Other Access Web Text Sources Get External Data A1 HOME ✔ 4 Account Titles 5 Cash 6 7 Accounts Receivable Inventory & Prepaid Rent 9 Equipment 10 Accumulated Depreciation 11 Accounts Payable 12 Unearned Fees Long-term Notes Payable 15 14 J. Noodle, Capital 15 C 1 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance is for the year ended December 31, 20X1. Sales Revenue Sales Returns and Allowances 16 17 Sales Discounts 18 19 Salaries and Wages Expense Depreciation Expense Cost of Goods Sold READY Attempt(s) 20 21 Rent Expense 22 Interest Expense 23 Loss on Sale of Equipment 24 Totals Existing Refresh Connections All- Merchandising operations and the multi-step income statement- Excel FORMULAS DATA REVIEW VIEW PAGE LAYOUT Sheet1 *** Connections Properties Edit Links Debits $37,500 28,600 43,300 2,000 69,000 11 Son 4,700 6,000 67,700 25,900 13,800 24,000 1,600 7,700 5331.800 Connections Sort & Fiter ✔ Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial $20,700 8,800 20,000 Filter 75,000 31.800 175,500 $331.800 EEE 100 7 00 Clear Reapply Data Advanced Tools D H Outine 6 x Sign In f 100%
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