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(c) Prepare Multi-Step Income Statement Harry Haberdashery is a retail clothing store for men. The store operates out of a red building in Albertville, Virginia.
(c) Prepare Multi-Step Income Statement Harry Haberdashery is a retail clothing store for men. The store operates out of a red building in Albertville, Virginia. Shown below is the site's adjusted year-end trial balance dated December 31, 2025. HARRY'S HABERDASHERY ADJUSTED TRIAL BALANCE DECEMBER 31,20XS $19.2.35 Accounts Receivable 32,300 Merchandiwory 14,150 Prepaid rent 1.650 Office Supplies 700 Office 31.000 Accumulated depreciation office equipment 10.000 Accounts payable 11.000 Sales tax payable 2.000 Capital stock 16.000 Retained ning 18.450 Sales Reven 187.500 Sales returns and allowance Cens of pedha sold 3,900 office supply expense 800 Depreciation expense: office equipment 2.100 6.000 Insura 50.000 Income tax 6.600 245,750 245,750 1.500 i.) Prepare an income statement for Harry's Haberdashery dated December 31, 20X5. HARRY HABERDASHERY INCOME STATEMENT FOR MONTH ENDED DEC. 31, 20x5 ii.) Compute the site's profit rate as a percentage of net sales (Round war to 2 decimal places, ..52.75.) Gre profit tale Click if you would like to Show Work for this question: Dean Show Wark
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