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Exercise 2-20 Multi-Step Income Statement The following income statement items are taken from the records of Matthews Music Group for the year ending December 31:
Exercise 2-20 Multi-Step Income Statement The following income statement items are taken from the records of Matthews Music Group for the year ending December 31: Advertising expense Cost of sales Income tax expense Insurance expense Interest expense Interest revenue Rent expense Salaries expense Sales Supplies expense $ 6,210 83,910 2,250 3,960 4,115 6,055 11,410 28,525 153,010 5,600 Required Hide Prepare a multi-step income statement for the year ending December 31
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