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Carley Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024: (Click the
Carley Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024: (Click the icon to view the accounts and balances.) Prepare Carley Communications' multi-step income statement for the year ended July 31, 2024. (Use a minus sign or parentheses to show other expenses.) Carley Communications Income Statement Year Ended July 31, 2024 Question Viewer g figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024: Data table 13 - Cash Selling Expenses 69 $ 4,100 Cost of Goods Sold $ 18,900 1,000 Equipment, net 8,500 Accounts Payable 4,200 Salaries Payable 1,700 Carley, Capital 2,415 Net Sales Revenue 29,400 Notes Payable, long-term 1,300 Accounts Receivable 3,800 Merchandise Inventory 900 Interest Expense 15 Administrative Expenses 2,900 Refunds Payable 1,100 Estimated Returns Inventory 600 Sales Discounts Forfeited 600 Print Done Net Income (Loss) um
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