The following adjusted trial balance information was taken from the end of the July 31, 2023, fiscal

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The following adjusted trial balance information was taken from the end of the July 31, 2023, fiscal year for Brilliant Sales:

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Brilliant Sales uses a perpetual inventory system.


Required

1. Prepare a classified multiple-step income statement for use by internal users (like Exhibit 5.13).

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2. Prepare a multiple-step income statement for external users (like Exhibit 5.14).

image3. Prepare a single-step income statement (like Exhibit 5.15).

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Related Book For  book-img-for-question

Fundamental Accounting Principles Volume 1

ISBN: 9781260881325

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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