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2) Using the following adjusted trial balance for Pacific Auto Parts Inc. for the year ending January 31, 2020 prepare the multistep income statement. (8)

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2) Using the following adjusted trial balance for Pacific Auto Parts Inc. for the year ending January 31, 2020 prepare the multistep income statement. (8) Credit Debit $5,000 14,000 20.000 5,000 100,000 53,000 25.000 90.000 Account Kish Accounts receivable Inventory Supplies Land Accounts payable Notes payable Share Capital Dividends Sales revenues Cost of goods sold Selling expense Advertising expense Salary expense Utility experise Rent expense Interest expense Totals 1.000 160,000 80,000 3.000 2.000 5,000 28.000 IS 000 200 $19.00 SAISON

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