i Requirements 1. Prepare Symone's multi-step income statement for the year ended June 30, 2024....
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i Requirements 1. Prepare Symone's multi-step income statement for the year ended June 30, 2024. 2. Journalize Symone's closing entries. 3. Prepare a post-closing trial balance as of June 30, 2024. Print Done Symone's Music Company Adjusted Trial Balance June 30, 2024 Balance Account Title Debit Credit 3,800 38,100 18,100 250 650 Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Furniture Accumulated Depreciation-Furniture Accounts Payable Refunds Payable Salaries Payable 40,000 8,800 13,700 750 1,300 Unearned Revenue 6,500 Notes Payable, long-term 15,500 30,800 43,000 183,000 Symone, Capital Symone, Withdrawals Sales Revenue Sales Discounts Forfeited Cost of Goods Sold Selling Expense 200 82,350 19,000 Administrative Expense 14,000 1,300 Interest Expense $ 260,550 $ 260,550 Total Symone's Music Company uses a perpetual inventory system. The adjusted trial balance of Symone's Music Company at June 30, 2024, follows: (Click the icon to view the adjusted trial balance.) Read the resuirements Income Statement Year Ended June 30, 2024 Net Income (L00)




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