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23. Prepare an income statement using the following information for Cambridge Enterprises for the month of July 2018. (2) Sales revenue $62,500 Rental revenue 15,300

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23. Prepare an income statement using the following information for Cambridge Enterprises for the month of July 2018. (2) Sales revenue $62,500 Rental revenue 15,300 Product expense 52,200 Wages expense 18,900 Owner investment 12,000 Equipment purchases 56,000 Utilities expense 1,800 Taxes expense 400

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