I need help with a 2-3 page document and Excel file. Below i

I need help with a 2-3 page document and Excel file. Below i.
I need help with a 2-3 page document and Excel file. Below is the assignment details:It is the end of a reporting period. Because there are more people than usual retiring this year, your manager has asked your accounting department to create 2 things:A process documentation detailing the different methods of preparing income statements, specific sections of the income statement, and how to handle the special types of income statement items Basic financial statements for your company What you need to do:Visit the SEC s Web site ( Select a company filing of your choice that contains a multiple-step income statement. Communicate your selection with your professor ( I Will Need To Know Your Selection)Submit the link to this filing as proof of your research. (Please Submit The Link To Me)Prepare a process documentation thatis prepared in a professional manner because it will be the desktop guide used by others in the event of your absence to prepare the financial statements for Music Warehouse.is in the form of a memorandum or as a numbered listing of items, depending on your individual preference. includes the following elements: a definition and description of the specific sections of the income statement a description of the different methods of preparing income statements an explanation of the conceptual guidelines for reporting income how to handle the special types of income statement items Using the information below, do the following:Prepare a multiple-step income statement for Music Warehouse. Prepare a statement of changes in stockholder s equity for Music Warehouse. Music WarehouseAdjusted Trial BalanceDecember 31, 2008DebitCreditCash$24,675Accounts Receivable5,625Inventory65,980Land93,000Building289,000Accumulated Depreciation75,000 Notes Payable85,000 Accounts Payable53,600 Interest Payable4,750 Common Stock10,000 Additional Paid-in Capital120,000 Dividends10,000Retained Earnings59,980 Sales937,500 Sales Discounts22,675Cost of Goods Sold723,000Salaries81,000Utilities8,900Repairs & Maintenance5,225Telephone2,850Interest Expense4,400Depreciation Expense9,500$1,345,830$1,345,830The following is additional information needed for financial-statement preparation:Loss as a result of hurricane damage on the building: $17,000 (assume that the building is not located in an area that sustains frequent hurricane damage.) Loss because of the discontinuation of the cassette tape music segment: $26,875 Beginning of the year balance of common stock: $8,000 (assume that changes are related to issuance of common stock.) Beginning of the year balance of additional paid-in capital: $102,000 Effective income tax rate: 35%
I need help with a 2-3 page document and Excel file. Below i