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can i please get some help how to prepare an income statement, retained earnings statement and balance sheet.

Ir Instructions The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 2018: Cash $ 232,700 957,000 1,668,600 21,300 15,600 18,000 Accounts receivable Inventory Estimated returns inventory Office supplies Prepaid insurance Office equipment Accumulated depreciation-office equipment Store equipment Accumulated depreciation-store equipment Accounts payable Customer refunds payable Salaries payable Note payable (final payment due 2024) 827,000 556,000 3,594,800 1,827,100 361,900 43,400 41,900 296,000 Common stock 501,600 Check My Work Email Instructor Instructions Labels and Amount Descriptions Income Statement Retained Earnings Statement Ir Instructions Retained earnings 2,786,300 Dividends 99,900 Sales 11,403,800 Cost of goods sold 7,842,100 Sales salaries expense 923,100 540,500 134,900 37.800 664,400 Advertising expense Depreciation expense-store equipment Miscellaneous selling expense Office salaries expense Rent expense Depreciation expense-office equipment Insurance expense Office supplies expense Miscellaneous administrative expense 101,000 45,900 42,700 31,800 7,100 Interest expense 11,800 Required: eck My Work Multiple-step Income statement and balance sheet Instructions Labels and Amount Descriptions Income Statement Retained Earnings Statement > Ir Instructions x Depreciation expense-office equipment 45,900 Insurance expense 42,700 Office supplies expense 31,800 Miscellaneous administrative expense 7.100 Interest expense 11,800 Red 1. Prepare a multiple-step income statement. In the Other income and expenses section only enter amounts that represent other expenses as negative numbers using a minus sign. 2. Prepare a retained earnings statement. Negative amount should be indicated by the minus sign. 3. Prepare a balance sheet, assuming that the current portion of the note payable is $58,000.- 4. Briefly explain (a) how multiple-step and single-step income statements differ and (b) how report-form and account form balance sheets differ. "Be sure to complete the statement headings. Refer to the problem data and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon () will automatically appear if it is required. eck My Work

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