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Deloy Company gathered the following condensed data for the year ended December 31, 2016(4 marks) Cost of goods sold $ 690,000 Net sales 1,250,000 Administrative
Deloy Company gathered the following condensed data for the year ended December 31, 2016(4 marks)
Cost of goods sold $ 690,000
Net sales 1,250,000
Administrative expenses 234,000
Interest expense 58,000
Dividend revenue 38,000
Loss from employee strike 233,000
Selling expenses 45,000
You are required to prepare multi step income statement for the year ended December 31, 2016.
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