The adjusted trial balance of Nick Company contained the following information:
Instructions
1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2018.
2. Prepare a single-step income statement for the year ended December 31, 2018.

Question

The adjusted trial balance of Nick Company contained the following information:  
Instructions
1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2018.
2. Prepare a single-step income statement for the year ended December 31, 2018.

Quizplus · Accepted Answer

The Answer of The adjusted trial balance of Nick Company contained the following information:  
Instructions
1. Use the above information to prepare a multiple-step income statement for the year ended December 31, 2018.
2. Prepare a single-step income statement for the year ended December 31, 2018.

The Adjusted Trial Balance of Nick Company Contained the Following