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Date Accounts Debit Credit August 439,000 439,000 August 336,600 5,500 31 Sales Revenue Income Summary 31 Income Summary Sales Discounts Cost of Goods Sold Selling

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Date Accounts Debit Credit August 439,000 439,000 August 336,600 5,500 31 Sales Revenue Income Summary 31 Income Summary Sales Discounts Cost of Goods Sold Selling Expense General Expense Interest Expense 31 Income Summary B. Meadows, Capital 31 B. Meadows, Capital B. Meadows, Withdrawals 246,000 46,000 38,000 1.100 August 102.400 102.400 August 40,000 40.000 Use the data below to prepare the multi-step income statement of Sound Software for the year ended August 31, 2020 Click the icon to view the closing entries.) Complete the multi-step income statement section by section as presented to you. (Use parentheses or a minus sign for a net loss.) Net sales revenue Gross margin Operating expenses Operatino Income Net sales revenue Gross margin Operating expenses Operating Income Other expense Net income (loss)

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