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Exercise 4-15 Preparing a multiple-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on
Exercise 4-15 Preparing a multiple-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,290 Depreciation expense-office copier $ 620 Sales discounts 1,380 Sales returns and allowances 218,000 TV advertising expense 31,100 Interest revenue 11,600 Cost of goods sold 23,700 Sales commission expense 530 16,700 3,900 3,800 650 91,000 13,100 Prepare a multiple-step income statement
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