RECOMMENDED!!the following is a partial trial balance for the Green Star
the following is a partial trial balance for the Green Star Corporation as of December 31, 2018:Account Title Debits CreditsSalesrevenue 1,850,000Interest revenue 44,000Gain on sale of investments 64,000Cost of goods sold 830,000Selling expenses 230,000General & administrative expenses89,000 Interest expense 54,000 Income tax expense 144,000 130,000 shares of common stock were outstanding throughout 2018.Required:1. Prepare single-step income statement for 2018, including EPS disclosures.2. Prepare multiple-step income statement for 2018, including EPS disclosures.
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