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How Me How Prim Multiple-Step Income Statement Instructions Labels and Amount Descriptions Income Statement Final Question Instructions On March 31, 2014, the balances of
How Me How Prim Multiple-Step Income Statement Instructions Labels and Amount Descriptions Income Statement Final Question Instructions On March 31, 2014, the balances of the accounts appearing in the ledger of Danns Furnishings Company, a furniture wholesaler, are as follows Accumulated Depreciation-Building Administrative Expenses $746,350 515,750 Building 2,419,500 Cash 168,150 Cost of Merchandise Sold 3,900,350 Interest Expense 9,750 Kathy Melman, Capital 1,585,350 Kathy Melman, Drawing 180,400 Merchandise Inventory 941,750 Notes Payable 261,150 Office Supplies 21,000 Salaries Payable 7,850 Sales 6,627,450 Selling Expenses 710,900 Store Supplies 93,650 Required: a. Prepare a multiple-step income statement for the year ended March 31, 2014. Be sure to complete the statement heading. Refer to the account -
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