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how do I do this 50. The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear
how do I do this
50. The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31. (use 4 column paper) spts $12,000 89,000 Advertising Expense Cost of Goods Sold Delivery Expense Insarance Expense Income Tax Expense Reat Expense 1,000 2,000 12,000 5,000 160,000 11,000 19,000 Interest Expense Sales Revenue Sales Discounts Sales Returns& Allowances Required: Part a. Prepare a multistep income statement. Part b. Compute the gross profit percentage Step by Step Solution
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