Use the following information to prepare a multiplestep income statement, including the revenue section and the cost of goods sold section, for Aeito's Plumbing Supplies for the year ended December 31, 20--.

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Use the following information to prepare a multiplestep income statement, including the revenue section and the cost of goods sold section, for Aeito's Plumbing Supplies for the year ended December 31, 20--.
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Business / Accounti... / Coll... / MULTIPLE-STEP IN...
: MULTIPLE-STEP INCOME STATE...
MULTIPLE-STEP INCOME
STATEMENT Use the following
information to prepare a multiple-
step income statement, including
the revenue section and the cost of
goods sold section, for Aeito's
Plumbing Supplies for the year
ended December 31, 20--.
$166,000
1,620
3,320
3,184
33,200
Sales
Sales Returns and Allowances
Sales Discounts
Interest Revenue
Merchandise Inventory, January 1, 20--
Purchases
111,300
Purchases Returns and Allowances
3,600
Purchases Discounts
2,226
Freight-In
Merchandise Inventory, December 31, 20--
Wages Expense
Supplies Expense
Phone Expense
Utilities Expense
Insurance Expense
Depreciation Expense-Building
Depreciation Expense-Equipment
Miscellaneous Expense
Interest Expense
640
29,600
22,000
650
1,100
9,000
1,000
4,600
2,800
214
1,126
Transcribed Image Text:il7 1 KB/s 8:52 AM O © 100% bartleby.com/solutioi 2 = bartleby Q&A Sign in Business / Accounti... / Coll... / MULTIPLE-STEP IN... : MULTIPLE-STEP INCOME STATE... MULTIPLE-STEP INCOME STATEMENT Use the following information to prepare a multiple- step income statement, including the revenue section and the cost of goods sold section, for Aeito's Plumbing Supplies for the year ended December 31, 20--. $166,000 1,620 3,320 3,184 33,200 Sales Sales Returns and Allowances Sales Discounts Interest Revenue Merchandise Inventory, January 1, 20-- Purchases 111,300 Purchases Returns and Allowances 3,600 Purchases Discounts 2,226 Freight-In Merchandise Inventory, December 31, 20-- Wages Expense Supplies Expense Phone Expense Utilities Expense Insurance Expense Depreciation Expense-Building Depreciation Expense-Equipment Miscellaneous Expense Interest Expense 640 29,600 22,000 650 1,100 9,000 1,000 4,600 2,800 214 1,126
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