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Fall Supply Store Trial Balance 31-Dec-22 $8,700 3,500 7,000 19,400 68,000 37,190 10,300 46,700 Cash Accounts receivable Notes receivable Merchandise inventory Equipment Accumulated depreciation- equipment

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Fall Supply Store Trial Balance 31-Dec-22 $8,700 3,500 7,000 19,400 68,000 37,190 10,300 46,700 Cash Accounts receivable Notes receivable Merchandise inventory Equipment Accumulated depreciation- equipment Accounts payable Notes payable R. Jets, capital R. Jets, drawings Sales Sales returns and allowances Sales discounts Cost of goods sold Rent revenue Depreciation expense Salary expense Utilities expense 73,000 14,300 123,000 2,400 5,400 44,000 8,000 23,890 2,100 1,100 $248,990 248,990 Required: Prepare a multi-step income statement Note. There are marks for formatting such as $.underlines, section labels, 1 mark will be deducted for each account that does not belong on the statement

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