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Multiple-Step Income Statement On March 31, 2019, the balances of the accounts appearing in the ledge wholesaler, are as follows: Accumulated Depreciation-Building Administrative Expenses Building

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Multiple-Step Income Statement On March 31, 2019, the balances of the accounts appearing in the ledge wholesaler, are as follows: Accumulated Depreciation-Building Administrative Expenses Building Cash $778,900 525,850 2,593,700 178,950 3,937,900 9,550 1,639,250 175,250 EET.A... Cost of Merchandise Sold Interest Expense Kathy Melman, Capital Kathy Melman, Drawing Sal Sale Selli Stor a. Prepare a multiple-step income statement for the year ended March 31, Racine Furnishings Company Income Statement For the Year Ended March 31, 2019 Gross profit Expenses: Merchandise Inventory Notes Payable Office Supplies Salaries Payable $1,017,250 249,000 20,950 8,200 6,289,150 705,950 91,300 Sales Selling Expenses Store Supplies a. Prepare a multiple-step income statement for the year ended March 31, 2019. Racine Furnishings Company Income Statement For the Year Ended March 31, 2019 Gross profit Expenses Total expenses Other expense

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