From the adjusted trial balance given below for the Grayson Company,prepare a multiple-step income statement in good form.Salaries expense and building depreciation expense should be equally divided between selling activities and the general and administrative activities. 
Definitions:
Quota
A restriction on the number of units of a particular product that can be imported into a country.
Embargo
A prohibition on trade in a particular product.
Ad Valorem Tariff
A type of tariff based on a percentage of the value of the imported goods, rather than on quantity or weight.
Q38: The understatement of the ending inventory balance
Q102: Prepare general journal entries on December 31
Q168: A company's total cost of inventory was
Q170: Internal controls that should be applied when
Q171: Marquis Company uses a weighted-average perpetual
Q174: A given percent deducted from a list
Q231: A roofing company collects fees when jobs
Q240: An error in the period-end inventory balance
Q261: Dividends distributed to stockholders should be treated
Q334: The adjusting entry at the end of