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Multi-step Income Statement from the following accounts, listed in alphabetical order, prepare a multi-step income statement for Kokomo Wholesale for the year ended December 31.
Multi-step Income Statement from the following accounts, listed in alphabetical order, prepare a multi-step income statement for Kokomo Wholesale for the year ended December 31. All accounts have normal balances Seling General and Administrative Expense 3224200 Cost of Goods Sold 401.200 Interest Expense 5.200 Sales Revenue 658.200 Income Tax Expense 9200 KOKOMO WHOLESALE Income Statement For the Year Ended December 31 s 0 0 D Gross Profit on Sales Operating Expenses . D O Income from Operations Other Income and Expense . 0 Income before Income Taxes 0 0 0 Net Income 5
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