Using the classification scheme below for a multistep income statement, match each account with the letter of

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Using the classification scheme below for a multistep income statement, match each account with the letter of the category in which it belongs.

a. Net sales

b. Cost of goods sold

c. Selling expenses

d. General and administrative expenses

e. Other revenues and expenses

f. Not on income statement

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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