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It a. Prepare a multiple-step Income statement for the year ended March 31, 2014. Danns Furnishings Company Income Statement For the Year Ended March 31,

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It a. Prepare a multiple-step Income statement for the year ended March 31, 2014. Danns Furnishings Company Income Statement For the Year Ended March 31, 2014 Gross profit Expenses: Total expenses OD Other expense: a. Prepare a multiple-step income statement for the year ended March 31, 20Y4. Danns Furnishings Company Income Statement For the Year Ended March 31, 2014 Sales 3,582,000 Cost of merchandise sold 2,123,000 5,705,000 X Gross profit Expenses: Selling expenses 400,000 Administrative expenses 302,000 Total expenses 702,000 Income from operations 6,407,000 X Other expense: Interest expense 6,000 Net income 751 Feedback Check My Work NO 6

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